Especially if the new investor had to pay for any shares, must think they’re talking to the fans , ‘give us ya money’ no questions asked mind.
They’ve got a nice little cash cow going there now, the shares that Michelle got for free now actually worth something, so that’s shares to sell and loaned money to be repaid for each of them.
But would still be reluctant to give a new investor an equal shareholding by the sounds of it.
Cake and eat it comes to mind.