I can *sometimes* speak Corporation. NCSoft is a particularly insane corporation, though, so it's more difficult to tell.
Anyway, what they're doing looks like they're dissolving the entire U.S. based subsidiary, and creating a new one as a stockholder of NCSoft. Stockholder as opposed to wholly owned subsidiary.
This servers three purposes:
1. It's pretty likely this means everyone working for NCSoft or Arenanet outside of Korea are now fired.
2. They're doing a ghost stock buy-back (creating a subsidiary to buy back stock, reducing the volume, and hopefully boosting the price), which looks better for their stock on the Korean side. I think that might be illegal in the U.S. to do that, but I guess it's completely legal there.
3. Gives an opportunity to anyone willing to deal in Korean currency who wants to buy out their U.S. operations.
Allow me to amend my idea from above then.
Find a relatively young, up-and-coming politically ambitious Prosecutor. Could be a State prosecutor.
Or - if you want to REALLY get mean - an IRS investigator or one from the Federal Treasury Department!
See if the investigator in question might be interested in investigating the money shuffling of a foreign company possibly involved in
insider trading and stock manipulation (And maybe tax evasion too. Worth looking into if you're looking for the other stuff too) and that if they are trying to manipulate their own stock on the sly, that as a direct result of that manipulation, they are responsible for dozens of job losses in the silicon valley tech sector.
Who said WE need the proof? Just point out to the investigator that NCSoft's money trail looks
awfully weird. Maybe you might want to look into this?
If he or she looks into it and says "No - there's nothing there. What they're doing is perfectly legal by US and California law." Then hey - no harm, no foul.
But if they look into it and say, "Hey... that's strange..."
Well then. Well well well.
And JanessaVR? I appreciate the compliment. (bows)
But you know, I'm normally
not a sneaky, devious vicious bastard.
Unless you MOTIVATE me.
Right now? I'm VERY motivated!