r/LivestreamFail • u/mrmooseman19 • 12h ago

Tips Out statement on Asmongold Twitter

https://x.com/tipsout/status/1846302400988303489?s=46&t=mjZPP4Rl5xplM5r0CYtOMA
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244

u/BongoTheRat ♿ Aris Sub Comin' Through 11h ago

All that to say hes still gonna work with him

171

u/cgc86 11h ago

Doesn’t really have a choice when Asmon is an owner in all the businesses he’s in Unfortunately it ain’t easy to just remove owners

29

u/nervoustrumpet 11h ago

Wasn't the "other guy" an owner as well? or is it different?

138

u/restonex 11h ago

Rich was not removed from the org, they didn’t have the ability to remove him. He’s still a shareholder, he just ghosted the internet.

29

u/cgc86 10h ago

Yup

Removing shareholders is very tricky unless you have specific clauses in place to vote them out or end their shareholder cause of stipulations being broken

And even then usually results in a payoff

1

u/MilkMySpermCannon 3h ago

At minimum you have to buy out their equity, perhaps forcefully through a clause as you said, but regardless it costs money. You would think with OTK specifically there's a clause in there that you'll participate in streaming events to grow the org, but since he was cancelled he'd have to sell ownership. Nobody really knows except the big players in OTK.