"But if he has given them such information, shouldn't we as shareholders be entitled to that information also?"

Yes, that's why the theory doesn't make sense, though you may have a better understanding of the legalese than I do.   So, for the sake of argument, let's say Diagonal will not (or can't) "call" a  loan.  What is left to sustain hope for a change in the share price trend?

Anyway, here is the  document for those who care to attempt a reading:

https://www.sec.gov/Archives/edgar/data/1172178/000149315223009484/ex3-42.htm