The Age article - sounds dire, page-20

This is all nonsense, MED doesn't owe any one any money, Joe has a group of friends that he calls upon every time he needs to show that he is bankrupt or owes money so he can get out of trouble.

His plan now is have med owing millions to best mates then call administrators and administrators sell Merlin to him or his wife and money goes to friend who give it back to him.

This is the biggest Scam on ASX and you are watching it live folks.