Is NOVA As Good As Dead?

  • Profiles of the Day
  • More at Japan Probe Friends...

    Over at Japan Economy News, Ken Worsley has written a post entitled “Is Nova as good as dead?” in which he details the dire financial situation the English teaching mega corporation is facing. Here are some of the serious issues mentioned:

    • NOVA has been late in paying its suppliers/business partners
    • NOVA fell into arrears for printing costs at the end of July
    • NOVA failed to pay an advertising firm on August 10 (don’t see many of their ads anymore, do you?)
    • Scheduled bank repayments have ceased

    Too good to be true?

    Find out more by reading the full article here!

    Related Posts with Thumbnails