Mr. JR Cruz broke the silence as he revealed the truth behind Happy Cup Milktea Business. He came to Makagago’s studio and voiced out his complaint.
Mr. JR Cruz, a CEO/President of Happy Cup Milktea Business, which was managed by Alex Gonzaga and Toni Gonzaga, went to Makagago and asked for help.
He said that he has a 20% share from the business for him to sell it to other investors. He claimed that the Happy Cup has over 100 branches all over the Philippines.
“Mas vina-value ko yung ano ang totoo, kaysa kung ano ang pwedeng maging totoo,” Mr. Cruz added.
Mr. Cruz shared a backstory from starting his business as the CEO and President of Happy Cup to accusing him of stealing finances from his business.
At present, he revealed that he was waiting to receive his stock certificate, instead, he received a photocopy of it. He also revealed that since November 2017, he didn’t receive his last pay as a franchise manager, his 13th-month pay, as well as his reimbursement from liquidations.
Mr. Cruz said that he was still entitled to a 20% share if based on their latest SEC registration. He also said that he was open for settlement, but “in our both terms and conditions.”
When asked about his next steps, Mr. Cruz said that his next step was to recover his 20% share to be liquidated because he wanted to sell his share to his co-shareholders or to other people, to receive financial records from 2017 to 2019, and he didn’t want to file a “kontra-demanda” for now.
“For as long na magkakasama kami, may issue,” Mr. Cruz said. “Ako na lang yung aalis.”
You can watch the full episode below.
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