From what I understand, this guy has no intention of trying to take over MFC and what he has done is to facilitate the takeover of the club by the WS. Yes he has put in place some thing to protect his cash but for the time being I'm happy to let everything get sorted out and then for both the WS and LH to issue a statement outlining how it will work.
In my view what we cant expect is that whenever the WS is conducting business, they keep issuing updates every time someone has a question. If members are not happy with what is happening then it is when the election of officials take place that they should try and implement changes. Leave the guys to get on with moving the club forward.