Interesting bit of information for those who are considering giving Mr Hannan money (or anything to do with "cabit' technology or anything to do with 'mainstreet money'). Seems he is owing some serious money. Might have something to do with recent Supreme Court Proceedings where he owes a secured creditor large sums of money : http://www.austlii.edu.au/au/cases/q.../2012/313.html. My advice is don't lend this man any money!
Expect Leif Schipper (his "corporate advisor") to be going down with that ship too.