Go Kaisho is the first event organized by Kaisho, an organization that specializes on Japanese pop culture. Presented by Hero TV, Game! Magazine, Pepsi and Ozine.

It was supposed to be held at the Philippine Trade Training Center. But a last minute announcement stated that Go Kaisho was indeed cancelled. The reason was the organizers failed to pay the venue so they have no choice but to cancel the event. With the said sponsors, is this possibly true? What is the real reason behind the cancellation?

Maybe the Greatest Man in the Universe knows the answer

UPDATE: The post regarding the event was deleted on their official website, along with the comments from the disappointed cosplayers. The floor is open for Kaisho to explain what really happened

UPDATE 2: Finally, Kaisho posted on their website the official statement regarding this matter. Read it here.