[Full text] ”Who is responsible for the fall in stock prices?” ADOR side: ”Vice CEO doesn't know about HYBE's audit plan... Sold shares to cover remaining balance from Jeonse House”

ADOR has made its position clear in response to HYBE's request for a financial auditor to investigate the sale of all of its shares one week before ADOR's vice president's audit.
ADOR hopes that HYBE will stop making unreasonable claims and excessive undermining of management in order to avoid responsibility for the stock price decline.
It was HYBE, not ADOR, that started this whole thing.
HYBE announced the details of the audit to the media on April 22nd.
At the time, they called for an extraordinary shareholders meeting to be held. This is a plan to replace ADOR's management, regardless of the audit results. The outrageous claims of stylist Kinshin EMBEZZLEMENT, and now
Looking at HYBE's history, from the Vice President of ADOR being the head of market manipulation, it is clear that there is a malicious intent to undermine and remove ADOR's management.
If HYBE's claims are correct, Vice CEO S had already anticipated the exercise of HYBE's audit authority on April 22 and sold 950 shares (worth approximately 200 million won) on April 15, one week prior.
ADOR's management obviously did not know about HYBE's audit plan in advance. Due to Vice CEO S's transaction, the difference is only 19 million won. The Vice CEO
(Instead of paying rent, you pay 50-80% of the house price to the landlord at the time of signing the contract.) I went ahead with the contract for the house and sold the stock to get the remaining amount.
In response to this, HYBE has made some outrageous claims that even they themselves find strange, such as the use of undisclosed information and market manipulation.
The content of the KakaoTalk message that HYBE claimed was different from their own claims, and was about discussing how to respond if the "ILLIT plagiarism controversy" continues.
In the unlikely event that your complaint is not accepted, you can take the final step of reporting the matter to the Fair Trade Commission, filing an external petition stating that the plagiarism is unjust, or filing a complaint stating that the plagiarism is unjust under the Unfair Competition Prevention Act.
Interestingly, all of this would not have happened if HYBE had not been started. The irrationality of the shareholder agreement is also
The plagiarism incident in "ILLIT" and the issues raised by stylists and whistleblowers are issues that HYBE could have resolved internally in advance, but we have chosen not to do so.
HYBE is piling up fatigue by subtly editing provocative words without explaining the exact context and whitewashing public opinion with false facts.
HYBE should not fabricate or extract unrelated conversations for its own purposes, which are not intended to hide facts in an audit.
In response to this, ADOR's Vice President A expressed his intention to withdraw the consent through a notice of withdrawal of information and consent to use dated May 9th. Despite this, HYBE continues to
This is violating the human rights of employees of our affiliated companies, and we would like to make it clear once again that if this behavior continues, we plan to take aggressive civil and criminal action against those involved.
It is a time when we are concentrating on the important project of NewJeans' comeback. Today, NewJeans won tickets to two fan meetings at Tokyo Dome in Japan.
The good news was that all the tickets were sold out. Despite this good news, HYBE is hell-bent on damaging its subsidiary and has been harassing its artists' PR.
They are not focusing on their artists and are repeatedly lying about protecting them. Unlike HYBE, which is the cause of the recent stock price drop, ADOR's management is fulfilling their responsibilities to shareholders by issuing a "Ne
We are currently focusing on the comeback activities of "WJeans". I would like to ask HYBE again. Who is responsible for the drop in stock prices now? The stock price fell sharply right after the listing, and the stock of the top management was at its highest.
HYBE, which has been investigated by the stock exchange, the Financial Supervisory Service, and the prosecution for its massive selling and loss avoidance using undisclosed information, causing losses to numerous small investors, has filed such a question against ADOR's management.
Do you think it is appropriate to raise this issue? Please reflect on who the "evil" that HYBE expressed in their previous statement is appropriate for.
HYBE should focus on its business activities as the parent company. Also, please refrain from any further malicious media play with an attitude of protecting the artists.
I hope you will put a stop to this and let the facts be dealt with in court. Thank you. ADOR Team