EPTPeople here are killing eSports... Who wants to invest money into a community that tries to break them?
Esports contributor: Azuwho? - Page 12
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Tabashi
Belgium129 Posts
People here are killing eSports... Who wants to invest money into a community that tries to break them? | ||
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LightningStrikes
Korea (South)14 Posts
Yes, Gamebook Korea is the same as Azubu. | ||
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Rosettastoned
United States107 Posts
On May 30 2013 21:23 Tabashi wrote: You guys are all being so negative about Azubu... I don't see what the problem is, as long as they pay their players and continue to invest into eSports. They're only helping the scene to grow (for now). People here are killing eSports... Who wants to invest money into a community that tries to break them? Tell that to the CSL.... | ||
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ES_JohnClark
United States1121 Posts
On May 30 2013 21:23 Tabashi wrote: You guys are all being so negative about Azubu... I don't see what the problem is, as long as they pay their players and continue to invest into eSports. They're only helping the scene to grow (for now). People here are killing eSports... Who wants to invest money into a community that tries to break them? So lets just let this one ride..then when then shit hits the fan and just as the industry is about to pull in additional sponsors and other organizations interested in investing in ESports... those new interested parties will be oh so happy to be involved. If we don't stamp out this shit early.. then this sort of stuff will be more of the norm.. not the exception and coming out of that hole will be much harder. my 2.5 cents.. | ||
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anemoneya
58 Posts
http://www.newstapa.com/588 http://pgr21.com/pb/pb.php?id=freedom&no=44315 Kim(Financial Criminal) owns AZUBU. Korean news announced Kim owns paper company Multi-Luck Investment Limited in British Virgin Island for tax avoiding purpose. The one and only shareholder of SYSK Limited is Multi-Luck Investment Limited. As OP posted, SYSK Limited owns trademark of AZUBU. Who is this Kim? He commited financial crime in Korea years ago and fled to Hongkong/Europe with billions of money. You can start to guess where all this funding for e-sport is coming from when azubu doesn't seem to have clear source of income?  UPDATE: more articles in Korean that explains the relationship between AZUBU and Kim Seok Ki http://www.inven.co.kr/webzine/news/index.php?news=58729&iskin=esports http://www.newstomato.com/ReadNews.aspx?no=370460 http://news.nate.com/view/20130606n12148 http://news.nate.com/view/20130607n01718 UPDATE2: The news is now on every major gaming website including Inven, Thisisgame, Fomos, etc as headline news exposed on mainpage. http://www.inven.co.kr/webzine/news/?news=58729 http://www.fomos.kr/ http://www.thisisgame.com/board/view.php?id=1567880&category=102 http://www.gameshot.net/common/con_view.php?code=GA51b524d816752 Not to mention they are already published online by reputable newspaper companies, but with less focus on e-sports scene itself because of recent accusations on Kim and other well known names including son of former president of Korea, Chun-doo-hwan. http://joongang.joinsmsn.com/article/904/11735904.html?ctg=1200 http://news.donga.com/Main/3/all/20130607/55689219/1 http://news.sportsseoul.com/read/economy/1193144.htm | ||
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Clefairy
1570 Posts
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Killmouse
Austria5700 Posts
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Frost
Korea (South)1042 Posts
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elevatorpurplemonkey
United States9 Posts
On April 04 2013 05:39 Otolia wrote: Azubu is a shady organisation and this whole ordeal reeks of money laundering from miles away. If I was still in Berlin I would visit the Handelzentrum just to see if there is indeed anything space lent by Azubu. Proof of this? | ||
Kergy
Peru2011 Posts
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Daswollvieh
5553 Posts
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Frost
Korea (South)1042 Posts
You'll have to take my word for it since I am too lazy to translate the article, but basically Azubu is owned by a paper company, but Azubu itself is not because Azubu is justifying itself as a legit company by using its money. Thus, it was most likely that they were going to commit fraud by waiting for Azubu stock in German stock market to rise and make loads of money that way. | ||
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anemoneya
58 Posts
The office address they provided in their official website was address of some abandoned factory building in berlin. After people mentioned it, they changed their berlin office address to the one in tall building which is shown on the website now. Someone from lol.inven.co.kr made visit to that building. He could not find office named "AZUBU" on the directory on the first floor. He asked the guard if there is company named AZUBU in this building, the guard refused to respond. He took pictures and posted at lol.inven.co.kr. There was possibility that AZUBU is just small company and did not put their name in directory (didn't they pr themselves as famous media company based in germany tho?). someone from AZUBU called the guy and told him they moved their office to different floor and asked him to come over. The guy told us he will visit azubu. We never heard back from him. No one knows what happened to him. Yeah, true story. | ||
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laegoose
Russian Federation325 Posts
Someone from AZUBU called the guy and told him they moved their office to different floor and asked him to come over. The guy told us he will visit azubu. We never heard back from him. Yeah, true story. haha, best part. | ||
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Kasaraki
Denmark7115 Posts
On June 06 2013 21:08 Clefairy wrote: Kim is also the ex-husband of CJ's vice-president. Not sure if it's a coincidence that they sold their LoL team to CJ and sponsored a tournament on a CJ channel. Haha, quite the coincidence if so. | ||
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anemoneya
58 Posts
On June 06 2013 21:40 Frost wrote: You'll have to take my word for it since I am too lazy to translate the article, but basically Azubu is owned by a paper company, but Azubu itself is not because Azubu is justifying itself as a legit company by using its money. Thus, it was most likely that they were going to commit fraud by waiting for Azubu stock in German stock market to rise and make loads of money that way. I agree with you. Kim pulled off same stock market manipulation in 90s in Korea, and since then he's wanted man by korean government. He got tons of money from that incident and lives in London/Hongkong with Rolls Royce and other luxuries. He could have done same thing with AZUBU. The new article specifically mentions that Kim has been planning stock fraud in Luxembourg. I don't know if it's about RNTS or AZUBU tho. As soon as AZUBU have gained enough reputation by sponsoring tourneys and e-sports teams, kim would have put the company in the stock market. It's all useless now tho, as everyone knows about who owns AZUBU | ||
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bgx
Poland6595 Posts
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sertman
United States540 Posts
On June 06 2013 16:50 anemoneya wrote: YUP it's confirmed by media. http://www.newstapa.com/588 http://pgr21.com/pb/pb.php?id=freedom&no=44315 Kim(Financial Criminal) owns AZUBU. Korean news announced Kim owns paper company Multi-Luck Investment Limited in British Virgin Island for tax avoiding purpose. The one and only shareholder of SYSK Limited is Multi-Luck Investment Limited. As OP posted, SYSK Limited owns trademark of AZUBU. Who is this Kim? He commited financial crime in Korea years ago and fled to Hongkong/Europe with billions of money. You can start to guess where all this funding for e-sport is coming from when azubu doesn't seem to have clear source of income? hahaha i remember the pitchfork preserver article, "AZUBU employee assures family it's not a scam" | ||
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Doodsmack
United States7224 Posts
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stew_
Canada239 Posts
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