According to a statement of affairs, signed by MF Live's Principal Fab Loranger, the company owes over $18 million to almost 200 creditors.

The parent company behind Roxodus is now changing its tune when it comes to why the four-day rock concert was cancelled, blaming one of the former organizers and a loss of “millions” as the real reason. But Mike Dunphy says poor ticket sales are to blame.

In a statement to Global News, Saturday, Fab Loranger blames his former partner, Mike Dunphy and a loss of ‘millions’ as the real reason next weeks concert is no more.