On August 4th, Core Contents Media said, "On the 3rd, CEO Kim Kwangsoo met with the owner of Sajeongyeon 아르빛 (Nickname) and talked about the misunderstandings between the two." After this, Kim Kwangsoo has released a public handwritten apology to the press.
He said in his public apology, "This is Core Contents Media's CEO Kim Kwangsoo. After Hwayoung's contract was terminated, there were many people who misunderstood what was said and lead to more misunderstandings about bullying and a blur to what happen. I apologize and bow my head."
He continued to talk about T-Jinyo, Saejeongyeon and T-ara's anti-cafes. "There is a lot of love for T-ara. I consider all the T-Jinyo and Sajeongyeon members to be people who love T-ara. I would like to thank the many who held interest and concerns and watched over T-ara and will meet with whoever necessary to clear the air."
He also talked about Hwayoung, who stands in the middle of the controversy. "I hope that she finds an agency that will help her study music and become a better rapper and artist. Please give a lot of interest and support to Hwayoung's next move in music."
He finished with a comment on himself which was, "I'll strive to be more careful and not as reckless in front of the public's eyes. Again, I'd like to apologize for causing a lot of misunderstandings and a lot of social interest over this topic," he finished.
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Source: http://news.nate.com.../20120804n07298
Translated by: Nathaniel @ Diadem