GDH Denies The News of Firing Creators and Runs Short of Funds
According to Nikkei Quick News, Iwakaze Capital refused to accept 900 million yen of GDH's preferred stocks. GDH was announced to receive 1.9 billion yen from Iwakaze though the stock trading but about half of the funds failed to reach GDH. They faces again the situation that the amount of debt is in excess of their total asset.
GDH also announced that it will absorb GONZO and change its name into GONZO.
Source: Press Release (PDF file)
Source: Japanimate.com
Source: AV Watch
Source: GDH official website
Related News: GONZO To Cut 77% of Their Animators
6 Comments Recent Comments
Feb 19, 2009 3:55 AM by ladyxzeus
GDH also announced that it will absorb GONZO and change its name into GONZO.
The only thing I like about the issue.
GONZO is a great name!
Feb 18, 2009 8:05 PM by Kira01
Feb 18, 2009 8:03 PM by MotokoAramaki
GDH also announced that it will absorb GONZO and change its name into GONZO.
h rly nw. fscntng.
Feb 18, 2009 7:41 PM by HeartRaid
Feb 18, 2009 6:10 PM by LovelongSought
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Lol. Being absorbed by a bigger company is not good guys.
Lol. It seems that you're misunderstanding. GDH and Gonzo are one company. The only difference is GDH handles the business matters while Gonzo handles the anime.
GDH absorbing Gonzo's name is a good strategy to attract investors to Gonzo.
Feb 19, 2009 4:18 AM by gioss