GDH Denies The News of Firing Creators and Runs Short of Funds

GDH officially denied the report of Nikkei Newspaper about the reduction of GONZO’s creators.

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

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