KSON sharing some more info:
https://www.youtube.com/watch?v=dZ5ve4cxfic
>Vshojo would take a cut from merch sales but for sponsorships talent would get 100%
>Except no, Vshojo would ask for a cut when getting those sponsorships, and would then give '100%' of the remaining money to the talent.
>Additionally, whenever the talent would get invited to events, 'certain' Vshojo staff would invite themselves along, demanding the sponsor pay for their travel, stay, food etc.

Upper management must have been pissing away money like crazy to actually manage to bankrupt the company.
They were squeezing so much more money out everyone than anyone knew.

At least it's nice to see that KSON and HighGai are staying in contact.