After the Artesian build drama, bring LTT to its knees, my boi Steve did some journ*lism again.
G*mersNexus = A small but very reliable hardware review channel on youtube - The presenter is Steve also called Tech Jesus because of apperance
LTT = Linus Tech Tips, biggest tech youtuber who got exposed as useless by G*mersNexus
Artesian Builds - Custom PC assembler company which was embroiled in a huge controversy last year Read about it here https://g*mersnexus.net/features/inside-collapse-artesian-builds-20000000-bankrupt
EKWB = EK Water Blocks - Custom PC water cooling parts company, makes pumps, blocks etc https://www.ekwb.com/
TLDR
GN does expose of EKWB with information from whistleblower employees
GN Contacts as many people as they can, suppliers, ex-empl/contractors and gets info
Its all real, and vetted like a good journ*list
Hardware youtubers stop dropping EKWB while also airing their greviances (JayzTwoCents, derbauer)
EKWB CEO Does the BP Oil spill "We're Sorry" spiel
GN Digs deeper, more people come forward and spill the beans
Konig was the CEO until the took over as CEO in 2019
Foid CEO replace by Konig again, and thus the FOID is absolved of all Reponsibilities
GN Exposes a LITTANY of shady finances and other violations, law breaking activities and most importantly Racism (check screenshots below )
ALL accusations are backed up by evidence
This all started 10 days ago when Tech Jesus (g*mersnexus a PC hardware review channel) did an investigative report on EK waterblocks the company. EKWB is a super expensive liquid cooling parts company, they make a lot of custom water blocks
Part 1: EK is Imploding: Not Paying Employees, Partners, & Suppliers | Investigative Report
Summary
EK is facing financial difficulties, resulting in non-payment to employees, contractors, and suppliers. There are allegations of mismanagement and a lack of communication. The company's actions suggest insolvency or potential fraud.
Highlights
01:15 πΈ EK has a liquidity problem and is unable to pay employees, contractors, and suppliers.
03:35 π There are allegations of financial mismanagement and a lack of communication from EK.
08:45 π EK's inventory management and purchasing practices contribute to its financial problems.
12:10 π EK's US and Slovenian branches have a hostile relationship, hindering the company's progress.
17:30 π« EK has taken legal actions to silence critics and prevent the exposure of its financial issues.
21:50 π’ EK is considering selling one of its buildings to alleviate its debts.
26:00 βοΈ EK's actions may be considered fraudulent or indicative of insolvency.
Key Insights
πΈ The non-payment of employees and suppliers indicates severe financial problems within EK. This situation is unacceptable and may have legal consequences.
π EK's lack of communication and attempts to silence critics suggest a disregard for the well-being of its employees and partners. This behavior is unethical and damaging to its reputation.
π EK's inventory management and purchasing practices have led to excessive inventory and a lack of liquidity. This mismanagement has further exacerbated the company's financial difficulties.
π The hostile relationship between EK's US and Slovenian branches highlights a deeper issue within the company's culture. This internal conflict hinders the company's ability to address its financial problems effectively.
π« EK's legal actions to silence critics and prevent the exposure of its financial issues demonstrate a lack of transparency and accountability. This further damages its reputation and raises concerns about the company's integrity.
π’ EK's consideration of selling one of its buildings indicates a desperate attempt to generate cash and address its debts. This action may provide temporary relief, but it does not solve the underlying financial problems.
βοΈ EK's actions may be indicative of fraudulent practices or insolvency. The company's future depends on its ability to rectify its financial issues, prioritize its employees and partners, and demonstrate genuine efforts to improve its operations.
Reactions to Part 1
Jayz2Cents #DropEkwb (He had a 6 Figure contract with EKWB Which they have not paid out yet )
π° EKWB is facing a financial crisis and has been unable to pay its employees, contractors, vendors, and partners. This has resulted in a lack of trust and frustration among those who have worked with the brand.
π The author has experienced slow communication, lack of coordination, and quality issues with EKWB products. This has further contributed to their disappointment and dissatisfaction with the brand.
π€ The author emphasizes the importance of fulfilling agreements and treating partners with respect. EKWB's failure to do so has damaged their reputation and strained relationships with content creators and influencers.
π EKWB needs to reassess its product strategy and address the issues that have led to the company's financial crisis. This may involve making changes to their product catalog, improving quality control, and focusing on transparency and communication.
πΌ The author suggests that EKWB may need to consider selling the company in order to regain trust and stability. This would require a change in leadership and a fresh start for the brand.
π The author highlights the urgency of paying employees and prioritizing their financial well-being. This should be the first step in resolving the current crisis and rebuilding trust within the company.
π The author believes that EKWB can recover from this situation if they take appropriate actions and demonstrate a commitment to their employees, partners, and customers. However, it will require significant effort and a change in approach.
derbauer #DropEkwb (Key takeaway : EKWB has 11% failure/return rate )
1οΈβ£ EK's direct die cooler had manufacturing tolerance issues, leading to compatibility problems for customers.
2οΈβ£ The narrator values their employees and has high moral standards, which influenced their decision to end cooperation with EK.
3οΈβ£ The narrator differentiated between company and staff issues, only commenting on the latter.
4οΈβ£ No money was owed to the narrator from EK, as their cooperation did not involve financial compensation.
5οΈβ£ Allowing EK to sell remaining products with the narrator's logo avoids additional costs and potential delays.
6οΈβ£ The narrator's decision to end cooperation is based on the evidence presented by G*mers Nexus, which is just the tip of the iceberg.
7οΈβ£ The narrator remains open to future discussions with EK depending on their actions and industry developments.
Official Statement by EK Founder and CEO Edvard KΓΆnig (Key take away Is this guy a gay twink?? and also the standard "we're sorry"
Key Insights
π° Apologizing for delayed payments and lack of communication shows accountability and acknowledges the impact on external contractors and partners.
π Implementation of key actions, such as improved communication and transparency, demonstrates a proactive approach to addressing issues within the company.
π§ Introducing a dedicated email address for claims indicates a commitment to resolving outstanding overtime work issues and ensuring fairness for employees.
βοΈ Appreciating the community's patience and commitment helps to maintain trust and foster a positive relationship with customers and partners.
π Emphasizing the mission to elevate computers for a better world highlights the company's long-term vision and dedication to their core values.
π€ Commitment to making things right and fostering a responsible company culture reassures stakeholders that steps are being taken to rectify the situation and prevent similar issues in the future.
Part 2 : Exposing Corruption: EK's Prison Threats, Lawsuits, Dangerous Workplace, & Leaked Documents
Talks about the all the scummy shit they have done.. so far.... which includes RAYCISM
Its one HOUR LONG you better WATCH IT ALL IF YOU VALUE JOURN*LISM!
Summary
EK Water Blocks is embroiled in controversy surrounding its finances, treatment of partners and staff, and leaked documents. The company is accused of sending intimidating letters, facing lawsuits, and engaging in dangerous workplace practices. Concerns have been raised about the personal liability of EK's CEOs, officers, managers, and directors. Unsafe working conditions, OSHA violations, and racist internal communications have also been reported.
Key Highlights
[1] π£ The intimidating demand letter sent by EK's CEO raises concerns about the company's tactics to silence and intimidate former employees, highlighting a potential abuse of power.
[2] π₯ The lawsuits filed by former EK staff shed light on the company's breach of contract and non-payment issues, indicating a pattern of mistreatment and disregard for employees' rights.
[3] π The extensive investigation involving experts from various fields and the substantial cost of producing the video underscores the seriousness of the allegations against EK and the need for transparency and accountability.
[4] π’ The potential personal liability of EK's CEOs and officers, as well as the complex web of international entities, raises questions about the company's corporate structure and the extent of control and responsibility of its top executives.
[5] π EK's tax forfeiture status in Texas and the potential personal liability of CEOs and officers in such situations highlight the importance of complying with legal obligations and maintaining good standing to protect the interests of both the company and its stakeholders.
[6] π The involvement of EK's CEO and officers in questionable practices, as well as the potential co-mingling of assets, suggest a lack of ethical business conduct and the need for comprehensive legal scrutiny to ensure accountability and fair treatment of employees and partners.
[7] π€ The offer of assistance to former EK employees by Star Forge Systems CEO Nick Dankner demonstrates the importance of supporting and helping individuals impacted by the company's actions, fostering a sense of solidarity within the industry.
No reactions from any notable figures as they all already dropped EKWB
Now lets get on Reddit
Part 2 Thread: The chuds at PC gaming are obviously shocked https://old.reddit.com/r/pcgaming/comments/1cfekfn/g*mers_nexus_exposing_corruption_eks_prison/
Sane threads on /r/hardware
Part 1 : https://old.reddit.com/r/hardware/comments/1c8psy1/ek_is_imploding_not_paying_employees_partners/
Part 2 : https://old.reddit.com/r/hardware/comments/1cfef4s/exposing_corruption_eks_prison_threats_lawsuits/
Part 1 thread: Watercooling Jannie https://old.reddit.com/r/watercooling/comments/1c8q0im/g*mers_nexus_ek_is_imploding_not_paying_employees/
I left this open because there's simply no way of not looking suspicious otherwise.
However, as usual, the comments and general lack of knowledge astound me. Heck, I'm surprised at the shear quantity of scathing comments regarding the pricing. Competition exists, just buy a cheaper brand? Watercool is always cheaper and the quality is solid, why just hate on a brand for no reason if you have no intention of buying their product anyway? Either way, regardless of the outcome of all this, very disappointing news, and very disappointing seeing what this sub can be like.
Part 2 Thread: https://old.reddit.com/r/watercooling/comments/1cfeoyg/exposing_corruption_eks_prison_threats_lawsuits/
Now the falls in line
This kind of scandal NEVER ends well in communities as small as these. Larger companies can get away with this kind of shit because most people don't know/care. Spaces as small as watercooling? Word gets around fast because almost everyone is keeping an eye/ear out. A different scandal happened in the home theater space where Lexicon got caught taking cheap products from other companies and slapping their own label on them without changing anything (except the price by a factor of 10x), ruined their reputation permanently and now the brand is essentially dead weight in Harman's lineup. Didn't matter that they had made some of the finest home theater equipment in the past, the brand's reputation was effectively ruined. With the half-assed apology and the fact that EK has already been slipping in terms of quality over the years, I can't see them coming back from this. Will they still be around? Perhaps, but I don't think they'll be nearly as big as they once were in the industry after this and there's no way that whatever crawls out of the ashes is going to be able to offer anything even remotely close to their current catalog. They'll have their loyalists I'm sure but there's no way they'll be able to maintain the brand as it stands.
Now do ya'll remember the LTT Expose he did? yeah the LTTcels haven't stopped coping seething and dilating about it
Parth 1 Thread: https://old.reddit.com/r/LinusTechTips/comments/1c95hpq/ek_is_imploding_not_paying_employees_partners/
Part 2 Thread: https://old.reddit.com/r/LinusTechTips/comments/1cfet1l/exposing_corruption_eks_prison_threats_lawsuits/
I mean what's wrong with that? Their management being shitty doesn't change the fact that they do have good products and they should do better
There is so much seethe on the LTT forums but I think the jannies are active there and it up
Now lets come to the CEO who MAYBE responsible
Click here for the timestamped vid
Listen just to this segment if you want to see how she was involved
Joined 2019, thats when it started going downhill
visits office once a month
take lavish trips on private jets using company money to visit hardware expos (all pictures on her Instagram)
has 20 years of experience
Has caused legal issues, employee issues
IS REPLACED BY OLD CEO (That STRAGGY GUY Above)
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Thats a lot ot read. Can we get a shorter tldr?
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ITS THE FIRST THING AT THE TOP!! !r-slurs
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that one is still too long
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EK sells computer watercooling parts
Doesn't pay employees
Owes people money
11% failure rate
Racism in chat
Influencers drop their products
Reddit sneed
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Ok, butt what happened?
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I'm too lazy to scroll up again though
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While you're down here, why not play with Marsey?
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You accidentally downmarseyd me king
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Click the top bar u hetero maggot
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Oooh that's a button? I thought it was just there to be annoying.
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