EK is Imploding: Not Paying Employees, Partners, & Suppliers

 

EK Water Blocks is accused of non-payment of contractors, employees, and suppliers. We dug into the story and came into contact with now over a dozen people, at time of publishing, who verified various versions of this report. We have collected spreadsheets, cost sheets, chat logs, screenshots of emails and messages, contracts, and tax status information painting a picture of a company driven into the ground by a CEO put in place by the founder. The story is bleak, and we think EK's only chance at recovery is IMMEDIATE rectification followed by swift internal action to correct company culture, behavior, and handling of money. EK's founder must now bear the difficult burden of righting his ship, but at this time, it is unclear how much the founder might be implicated in all of this.