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Originally Posted by Nathan
Wtf does Mansef have to do with me?! They did not seize money from Manwin.
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I wouldn't say there is no connection between Mansef and Manwin. Although the name changed, many of the key players at Mansef remain involved in running Manwin.
When Nathan (Fabian Thylmann) was in jail back in December on Tax Evasion charges, Feras Antoon, grabbed the spotlight, and proclaimed himself in charge during Fabian's incarceration:
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According to Feras Antoon, CEO of the Canadian Manwin branch, the sites will run without interference. He is in command of most of the Manwin Group?s 1000 employees. The investigation dealt only with Fabian Thylmann?s personal tax returns, that?s why he was arrested, said Antoon.
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This is the same Feras Antoon that was President of Mansef when they had to forfeit millions of dollars in a money laundering investigation.
If that is not a connection, I don't know what is.
More recently, there have been reports that Antoon and others want Thylmann out, so a coup d'etat may not be far off (from MS's blog):
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Feras Antoon Wants Fabian Thylmann Out At Manwin
The more I post about Manwin the more info that comes in about Manwin. It is no secret to anyone watching Manwin that they are re-structuring, but this re-structuring even has a name, internally it is being called the 100 day plan and the goal is to trim expenditures across the board. The result, lots of layoffs.
One interesting tidbit to come out of this is that Feras Antoon, CEO at Manwin in Canada and David Tassillo COO at Manwin in Canada are meeting with lots of outside investors. Word on the street has it that Antoon and Tassillo see Fabian Thylmann as a liability and want him out. The meetings with investors are primarily to buy up Fabians stock and shove him out the door. I?m told the offer would be one ?Fabian couldn?t refuse.?
The recent merger with Redtube may provide them with that cash. Redtube is very profitable and the Manwin merger involved no cash, just a transfer of Manwin stock. I can see a scenario where Antoon and Tassillo could replace Fabian with a front man from Redtube while using Redtubes cash to rid themselves of Fabian Thylmann. This whole scenario makes sense and flows perfectly with the new strategy of placing tubesites and advertising as top priority within all aspects of the company.
The merger hasn?t yet been approved by the government but there are no signs that it wont be, yet anyway.
Another thing that has come to my attention is how Manwin obscures the power structure, one such example is Manwin moving Scott Justice to Playboy, everyone at Digital Playground says he still has fingers deep in DP there even though George Krassakopoulos is supposedly in charge there, George is listed at Manwin as the Hiring manager. When you need something done at Digital Playground and you try to contact George he may disappear for weeks leaving whatever problems you have hanging. This may also be a way of pushing Justice out the door, Manwin, I am told got wise to his payoffs and the Playboy Broadcasting deal is on shakier ground every day.
This way of obscuring the real power structure is straight out of the 1980′s Chinese political system. One thing that is becoming increasingly apparent is that Feras Antoon is one of the big shot callers if not the big one, unlike Thylmann, Antoon keeps a very low profile.
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