1. All of the plaintiffs' claims are dismissed.

2. The costs of lawsuit are assessed against the plaintiffs.

1. Basic facts

A. The status of the parties 1) The Plaintiff Hanman Investment Co., Ltd. (hereinafter “Plaintiff Hanman Investment”)

The company is established for the purpose of investing in, financing for, etc. small and medium start-up start-up enterprises, and Plaintiff Il-ho Private Equity Fund for Science and Technology (hereinafter “Plaintiff Il-ho Private Equity Investment”)

(2) The Defendant is a general partner and representative member with the aim of raising the value of an invested company by investing the company’s property in stocks, equity, etc. by participating in management rights, business structure, or governance improvement, and thus distributing profits therefrom to its members. (2) The Defendant is a company that manages sound records production and wholesale and retail business, and a management management business that manages virtual water, etc.

B. B’s issuance of convertible bonds 1) Company B (hereinafter “B”).

In order to raise operating funds for companies engaged in the manufacture and sale of automobile parts, each company issued non-registered convertible bonds with the following issuance price of each convertible bond is 100% of the face value, and the conversion price is 60,000 won per share of the issued stocks (amount of face value of 10,000 won) and the expressed interest rate is 2% per annum and 6% per annum. On September 3, 2007, the exercising price for the separate issue date of September 3, 2008 to the one-time convertible bonds with the exercising price for the exercise date of the separate issue date of September 3, 2008 to the one-time convertible bonds with the exercise price for the separate issue date of September 3, 2008 to the Plaintiff’s acquisition of each of the non-guaranteed convertible bonds on September 3, 200, 200, 2002 to September 3, 200, 2009, respectively.

(hereinafter referred to as the “instant convertible bonds”) by combining each of the said convertible bonds;

B and C Merger Co., Ltd. (hereinafter “C”) were originally listed on the KOSDAQ in which management of sound records production, wholesale and retail business, and virtual water, etc. are managed. B and B on November 12, 2007.