PANews reported on February 7 that Oneness Labs issued a statement saying: "Regarding the recent false statements made by Lingkong Company and Mr. Luo Yuxiang against Oneness Labs and SHOWA, we hope to clarify the facts and respond to external questions. First of all, in the past 4 months, the senior management of Oneness Labs and Lingkong Games, as well as the production team of "Showa U.S. Story", have maintained close communication. We have had in-depth exchanges and discussions with the senior management and shareholders of Lingkong Games, including Luo Yuxiang himself, including conference calls and tens of thousands of message exchanges, and have carried out long-term and in-depth designs around the empowerment model of tokens, community management and future development. Lingkong Games has been aware of the development process of SHOWA from beginning to end. We reserve the right to publish all conversations, recordings and texts.
Secondly, Oneness Labs did become one of the shareholders of Lingkong Games by acquiring the company shares held by Lingkong Games co-founder Troy Dunniway. This acquisition transaction has been confirmed by Troy Dunniway himself. Denying the identity of Oneness Labs as a shareholder and the legitimacy of SHOWA is a malicious and dishonest act, and it also seriously damages the rights and interests of Oneness Labs as a shareholder of Lingkong. Oneness Labs will immediately resort to legal action for the reputational damage and economic damage caused to Oneness Labs and related stakeholders by the actions of Lingkong Games and Luo Yuxiang himself. "
Earlier yesterday , Lingkong Games issued a statement saying that it has never had any commercial cooperation with Oneness Labs and has nothing to do with the "SHOWA Token".