John Iliopoulos’ Aussie tech-media company collapses with $12 million debt

Melbourne-based tech start-up E-Mersion Media has sensationally collapsed with debts of over $12 million. According to liquidator Mathew Gollant’s report, the company, which specialised in digitising traditional print magazines, had been at a loss since its inception. The media-tech company only managed to make four sales in the four years it was in operation, coming … Continue reading John Iliopoulos’ Aussie tech-media company collapses with $12 million debt