Showing posts with label launch. Show all posts
Showing posts with label launch. Show all posts

Sunday, August 26, 2007

Blastoff!

So this is the official launch of my blog for the upcoming life of mayhem in Japan.

Forgive the title being complete BS at the moment, as there will be no Osaka stuff until Sept. 26th. That is, if the company that hired me (NOVA Group, Japan) can survive until then. The 411 is this: there was a class-action lawsuit against the company. The company has its customers purchase points which they redeem for English lessons. However... ex-students wanted refunds because they were unable to book their lessons (Nova allegedly made the malicious decision to make scheduling classes extremely difficult so people would be stuck with unredeemable points) and Nova refused.

Enter METI (Ministry of Economy, Trade, and Industry). This arm of the Japanese gov. ruled on the case in favor of the plaintiffs and threw down a six-month ban on signing new students as punishment for the firm. This started in June, and now I'm reading all these articles on how Nova's bleeding money as they continue to try and operate without any incoming cash flow. I've watched their stock drop faster than Linday Lohan's credibility as an actress this whole summer.

I'm cautiously optimistic about the situation though, as the company is basically the Microsoft of Eikaiwa schools in Japan. Friends and family in Asia report thumbs-up on Survival Outlook Watch as Nova's received a fair amount of media attention there. So hopefully they won't go bankrupt and leave me homeless and jobless after I've landed in Japan. Though it could be kinda cool to bum around and get in random adventures...

Current time/date in Osaka:


 

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