announcement
Open letter from the EQUILAB Co., Ltd management
Clarification Regarding the Current Situation at EQUILAB Studio
Dear Guests, Employees, and Partners of EQUILAB Studio,
We would like to provide clarity on what has happened and what is currently happening with the project:
We were forced to close the studio due to accumulated debt owed to the landlord and to our employees, as the sales volume was insufficient to cover the studio's operating expenses.
Throughout 2024, we made every effort to stabilize the situation and injected as an share-holders loan additional $150,000+ to support the studio's operations. Unfortunately, this was not enough to turn things around.
EQUILAB was created as a place where our clients could improve their health and relieve stress. Our company has never diverted funds received from clients for any purposes OTHER than salaries, rent, and operational expenses.
We can confirm this with bank statements. THIS IS AND WAS NOT A SCAM.
Since the opening investors and shareholders have never received any profit, total investments in the project amounting approximately 1,000,000 usd. Including launch and maintenance of the project. This debt remains outstanding to them as well.
We also want you to understand that The Flex Company is not affiliated with EQUILAB and cannot assist with your inquiries. These are separate projects.
Your concerns can ONLY be addressed directly with the EQUILAB management team. For this purpose, we have created a dedicated email: crysis.management@equilab.fit
We are collecting statements from all team members and studio clients. Please send your statements in English, outlining your request to the company, by March 20, 2025.
We will process all requests and provide resolutions as quickly as possible.
The company has the opportunity to resolve all financial issues through additional investments.
Currently, we are in discussions with an investor regarding the sale of half of the company.
This will help us resume operations and continue providing services.
The second option is bankruptcy. Since all our actions have been legal, the company can file for bankruptcy, and you may receive compensation through the sale of the company’s assets at auction.
Thank you for your understanding and patience.
Sincerely,
Shareholders board,
EQUILAB Studio
We have identified instances of false information and defamation being spread regarding the management of EQUILAB. Specifically, a number of messages falsely claim that the company’s board of directors embezzled funds and left the country.
We would like to emphasize that such statements are entirely untrue and do not reflect reality. These claims damage the reputation of the company and its leadership. We adhere to principles of transparency and accountability, and all company operations are conducted in strict compliance with the law.
Please note that we are documenting each such message, as well as the contact information and full names of individuals spreading such claims. Under the current laws of Thailand, defamation is a criminal offense. We intend to file official reports with the police to hold those responsible accountable.
We urge everyone to refrain from spreading unverified information and recommend referring to official sources for accurate and reliable information.
Official e-mail: crysis.management@equilab.fit
Official website: https://equilab.fit
These sources are the only reliable channels of information for EQUILAB. All data published on the official website, as well as emails sent from crysis.management@equilab.fit, are verified and accurate.
We strongly recommend relying solely on information published through official channels and avoiding the use of unverified sources that may spread false or misleading information.
A network of fitness studios.