TheLastRoboKy posted:Well if you're going to get absorbed in your delusions you might as well make your world so fantastical reality can't get in. this.
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Feb 9, 2016 08:17
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The best way to get market share estimates is to pick an arbitrarily high number, multiply it by an arbitrarily low number, and just roll with it. But god I want to see CRI decide to waste even more backer money getting into the peripherals business for no reason whatsoever.
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Feb 9, 2016 08:17
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Ahahaha, never mind the pie in the sky, just how stupid can you be to link to the earnings reports and fail to realize that the numbers are in thousand of dollars? Yes, I am sure that madcatz only sold around 100 idrisses worth of poo poo during 2015.
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Feb 9, 2016 08:18
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Lol Crater posted the net income from 2011, which was $10.8 million, per the linked PDF (see page 33 in the document below). http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTkxMDE1fENoaWxkSUQ9Mjk4ODg1fFR5cGU9MQ==&t=1 The net income at end of March, 2015 was $4.7 million. But despite his error, you don't value a company based on earnings from one year. Ironically, the equity of the company this past quarter was around $10 million. But that will probably be reduced if they post more losses tomorrow afternoon, when the next quarter's earnings are announced... Oh, what's this? On page 49 of the PDF (document page 43), it shows MadCatz did _not_ use an independent accounting firm to audit their financial statements. Hmm, reminds one of some other company we know... "Because we are a smaller reporting company, this Annual Report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by our independent registered public accounting firm." nnnotime fucked around with this message at 08:35 on Feb 9, 2016 |
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Feb 9, 2016 08:25
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trucutru posted:Ahahaha, never mind the pie in the sky, just how stupid can you be to link to the earnings reports and fail to realize that the numbers are in thousand of dollars? Yes, I am sure that madcatz only sold around 100 idrisses worth of poo poo during 2015. I never want the CRI community to go away
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Feb 9, 2016 08:27
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Update on my chargeback: the bank has issued it provisionally, but they've sent me a letter requesting a more complete summary of the reasons why I think one is deserved in this case. Anyone want to help me out with some convenient summaries? I'm trying to build a case that they basically sold me a package of digital goods, failed to deliver on 75% of it (and what they did deliver was completely broken from any objective standard) and then changed their own terms to attempt to deny the refund. To that end I'm looking for links specifically related to: 1) Changing the terms of service regarding refunds when it became apparent they weren't going to hit their deadlines 2) Denying refunds on the basis of "Game completion" (I will put this alongside some of the recent videos that should demonstrate how transparently false this is) 3) Evidence of refunds being issued just a few months ago and evidence of refund denial now due to the whole "14 days" thing despite that not being anywhere in their terms. 4) Evidence that they now intend to drop major sections of the game despite having sold them previously- statements like them disregarding Star Marine, among other things. 5) Some links to articles about the shaky nature of the game- I'll use the Escapist for sure, but if there are others it'd be helpful. 6) I'll also throw in my own correspondence with them where they tried to claim that chargebacks are fraudulent in cases like this. Help me compile this and I'll make a big form letter that can be copy-pasted for future chargeback disputes.
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Feb 9, 2016 08:33
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Sarsapariller posted:3) Evidence of refunds being issued just a few months ago and evidence of refund denial now due to the whole "14 days" thing despite that not being anywhere in their terms. Not a few months ago, I got one literally 4 days ago. If you need something to show them that other people are getting refunds I'd be happy to fwd the emails.
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Feb 9, 2016 08:37
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Mad Catz always attach themselves to the wrong games, they also had a Titanfall series of mouse and keyboards. They also produce the most unconformable mouse in the world. 
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Feb 9, 2016 08:38
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They already denied you with the 14 day thing Sarsapariller?WhiskeyWhiskers posted:Not a few months ago, I got one literally 4 days ago. Because dang. Is their policy darts?
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Feb 9, 2016 08:41
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I finally got my refund, so can now sit back and laugh at all this.
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Feb 9, 2016 08:44
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Beer4TheBeerGod posted:Solar Plebian alf_pogs posted:this has to be read out by lawrence fishburne as morpheus From a few pages back, but I was inspired to do a narration of Beer's backstory for Solar Plebian. Was fun to play around with audacity. http://picosong.com/8age
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Feb 9, 2016 08:44
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nightwisher posted:Say what you want about E:D but I personally got burnt by their sale they put on a few weeks ago. Bought the base game for 20bux, not knowing there was a standalone expansion coming literally a few days later that costs $40 in addition, and it wasn't mentioned anywhere on the product page. So now I have to spend more money than what I would have in the first place because of a shady sale timing. Still managed to get a refund though, thankfully, so my opinion of Frontier is better than CIG at least. But man, that was a lovely loving move. Posting from 20 pages ago: I bought the base game at full price, they put up their xpac 2 weeks later with the "if you buy both of them now it costs the same as the base did last week" sale going on. I contacted their CSR and they refunded me the difference between what I paid and what the sale was. It's amazing what a competent and willing-to-please business will do if you just ask 
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Feb 9, 2016 08:44
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WhiskeyWhiskers posted:Not a few months ago, I got one literally 4 days ago. If you need something to show them that other people are getting refunds I'd be happy to fwd the emails. Yes please do- I'd PM you for details, but you haven't got premium. Just fire anything you think might be relevant to jnicholas@gmail.com and I'll go through it. Thank you! For funsies, here is the angry email I sent to CIG when they told me that a chargeback in this case would be fraudulent. I am going to edit this into a much more professional and complete version before I fire it off to the bank, but it's the basis for my argument: Me posted:I appreciate that you are taking the time to make a personal response. I also appreciate that you have given these requests consideration in the past- that consideration and the fact that you followed up shortly afterwards with a your Alpha release is what prompted me to put money back in. Unfortunately the company has failed to live up to that standard in the months since, releasing virtually no further improvements and refusing to speak to release dates. The latest indication by Chris Roberts that he no longer intends to produce a significant portion of the product despite having sold it as being nearly out the door for the entirety of the last year is my final straw (http://www.informationredux.com/index.php/2016/01/25/star-citizens-star-marine-module-officially-cancelled/). There is nothing fraudulent about filing a chargeback claim in this case. Shall we go over the reasons?
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Feb 9, 2016 08:45
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Sarsapariller posted:Yes please do- I'd PM you for details, but you haven't got premium. Just fire anything you think might be relevant to jnicholas@gmail.com and I'll go through it. Thank you! 
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Feb 9, 2016 08:50
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Toops posted:Beautiful. This thread is full of stars. 
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Feb 9, 2016 09:00
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Sarsapariller posted:Yes please do- I'd PM you for details, but you haven't got premium. Just fire anything you think might be relevant to jnicholas@gmail.com and I'll go through it. Thank you! Done, yours is far more professional, I guess vague threats to bring governmental bodies down on them are more effective than proving that their game is a pile of poo poo.
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Feb 9, 2016 09:00
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Sarsapariller posted:Yes please do- I'd PM you for details, but you haven't got premium. Just fire anything you think might be relevant to jnicholas@gmail.com and I'll go through it. Thank you! So I would link the Citizen con when CR stated that they will not give release dates, Last weeks videos when Hobo and company stated that nothing was finished, and there is a link of Hobo stating that most companies would not even call this an alpha.
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Feb 9, 2016 09:01
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Sandweed posted:Mad Catz always attach themselves to the wrong games, they also had a Titanfall series of mouse and keyboards. Not a popular opinion here, as a RAT. M.M.O owner, they really are good pieces of tech tho. And they do sit quite comfortable in the hand. Good materials to, way better then most of the plastic crap Razer brings out.
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Feb 9, 2016 09:14
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You have to be a special kind of dumb to think that a peripheral maker who has products in retail chains globally, only made $200,000 sales in a year (and loss of $10,000). Should I check what units these figures are in... nah, lets get carried away with my Star Citizen dreams.
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Feb 9, 2016 09:17
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They've made poo poo way too difficult now, here is the simple email I sent, and with a little back and forth confirmation (and patience), got my $400 back from CIG:quote:
A day or so later, I got a response from someone named Mike Meaden at CIG: quote:
I then asked a basic question as to why they were closing accounts, just to mine some info: quote:
Then I got a couple emails apologizing for a delay since Mike was out of the office from someone named Patrick Probst, then: quote:
Hope that helps someone. His reactivation comment is because I created a parachute account for any items I couldn't actually get money back for, which apparently, at least at the time, CIG was okay with. This entire exchange took place between October 16 and November 12 of last year. Based on some other chatter mails I got, it also appears that Mike Meaden was tasked exclusively with doing the refunds, as Patrick mentioned that he was sick and out of the office, which resulted in a backlog. Derek wrote this, but he should really consider pasting it into the OP: http://www.dereksmart.org/forums/topic/general-discussions/#post-2192 With people getting outright denied now, if you want out, you've nothing to lose by filing a complaint. Kimsemus fucked around with this message at 09:32 on Feb 9, 2016 |
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Feb 9, 2016 09:18
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Tokamak posted:You have to be a special kind of dumb to think that a peripheral maker who has products in retail chains globally, only made $200,000 sales in a year (and loss of $10,000). Should I check what units these figures are in... nah, lets get carried away with my Star Citizen dreams. Isn't there a law against taking advantage of retards or something?
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Feb 9, 2016 09:18
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http://www.usgamer.net/articles/chris-roberts-star-citizen-profilequote:Of course with feedback comes... shall I say 'negativity'. Roberts chuckles when I bring it up: "As long as you don't get bent out of shape that not everyone loves all of your ideas, then you're okay," he says, "You're never going to get that, it's impossible. I can't get six people to agree on where to go to lunch, so how am I going to get 500,000 people to agree on exactly how the flight model needs to be? It ain't going to happen. Especially on the internet." I guess in that case the last thing you hear is the fatal paaaaarp.
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Feb 9, 2016 09:19
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Crazy_BlackParrot posted:Isn't there a law against taking advantage of retards or something? It's a brave new world, friend!
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Feb 9, 2016 09:21
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Dusty Lens posted:http://www.usgamer.net/articles/chris-roberts-star-citizen-profile gently caress you chris roberts
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Feb 9, 2016 09:28
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the point where everyone thinks its great is about 4 more years and another 100 million dollars with someone else at the helm.
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Feb 9, 2016 09:28
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tooterfish posted:Not with crowdfunding, and not with an exploitative freemium pricing model either (as its advocates like to point out, it's not technically illegal so they're doing nothing wrong). Yeesh, thank god for crowdfunding, I mean darn those pesky publishers who nickel and dime you for every penny.
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Feb 9, 2016 09:32
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Sandweed posted:Mad Catz always attach themselves to the wrong games, they also had a Titanfall series of mouse and keyboards.
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Feb 9, 2016 09:38
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The Glumslinger posted:Yes, I'm sure this game will somehow have the same mass appeal as Skyrim or Vice City If I can do some math... The development cost has been handled by pledgers, there are no companies or persons aside for some simple profit sharing agreements from current and ex employees to owe (which we'll assume final profits exceed final development cost). Assuming every cent is spent on development. We'll set the final tally of funds raised, which will be cited as the total development cost, at $120 million, because fuckit spergy whales are stupid. Let's say, conservatively, SQ42 sells 300k units at $50. $15 mil in revenue. All new units and sales. And let's say that 60% of those sales will buy the next episode, or season pass as it may be marketed. Actually fuckit, 20% Season Pass, 30% new episode. $100 for the former and $40 for the latter. $6 mil and ~$4mil. So we have a total of $25 mil in revenue from SQ42 Launch. Back when this was a $6.2 mil project, or even a $32 mil project, that's not a bad figure. So we have $25 mil to spend over the course of, let's say 16 months of continued development to push SC out the door, accounting for roughly $1.2 mil monthly operating costs, $19.2 mil total. So profit has been cut down to $5.8 mil. On top of this, let's assume the annual pledger amount also dips due to SQ42 release, sales and poo poo notwithstanding. $3 mil in 2017. However due to a product release this becomes profit. Back up to $8.8 mil. Now, SC, as it stands it'll be $45 bucks a pop until release or something, but I suspect it will be a $60 retail. Conservatively, looking at customer bases the likes of Eve Online/E:D, let's say the new sales will be 200k units. At this point, NO OTHER PLEDGES. $12 mil in revenue. Note that there is no advertised "subscription" for the SC PU services. But for the sake of the VD Store or whatever it's called, they're able to gain about... $100k in monthly ship/skin/trinket/swag purchases. Day/Month 1 in 2018 profit will total at about $20 mil give or take a million for the whole shebang so far. However, Episode 2 of SC needs to be mocapped as well. The figure thrown around was $20 mil for the actors and the recording. Let's say that they simply can't do mocap the way CR did the first time, and the A-list stars can only do voice but knowing CR he'll still play with his mocap toys at Imagineerium, so let's cut the cost in half, $10 mil. So $10 mil in profit. Let's surmise that operating costs will cut down with the launch of the SC PU, they'll still need server staff, CS, CMs/GMs, Foundry42, Santa Monica, and Frankfurt. Austin's turned into the basement ops with the GMs, CS, and server monkeys. So let's say CIG ops now cost... $800k per month. From the launch of the Star Citizen PU, CIG needs to cover $9.6 mil in operations costs annually, plus $10 mil per each SQ42 episode. Let's round that out to $20 mil. The VD Store will bring in $1.2 annually. At $40 per episode, CIG will need to sell nearly half a million copies of SQ42 each year to keep up with development costs. Let's say the manage to but only barely above the margin, only $5 mil in profit annually and a hell of a treadmill to keep pace with devops and production. But's let's be generous and say they manage to do this year after year. 2019: $15 mil total 2020: $20 mil total 2021: $25 mil total etc etc IT WOULD TAKE 22 YEARS BREAK EVEN WITH THE FINAL PROJECTED DEVELOPMENT COST FOR THE ENTIRE PROJECT IF EVERYTHING GOES MARGINALLY FINE! As any prospective investor, to quote CR himself... This is bullshit.
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Feb 9, 2016 09:42
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Well if you put it like that... But the vision man... the vision
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Feb 9, 2016 09:45
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what the gently caress are the chances that whatever cr farts out by q1 17 will sell 300k copies on top of what's already been sold? there must be like a third that many people in the world who want an interactive space opera to start with and every one of those fuckers are already backers.
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Feb 9, 2016 09:51
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Marching Powder posted:what the gently caress are the chances that whatever cr farts out by q1 17 will sell 300k copies on top of what's already been sold? there must be like a third that many people in the world who want an interactive space opera to start with and every one of those fuckers are already backers. Well, Chris Roberts is like George Lucas, so we just need to look up how many Star Wars games have sold  Fortune Magazine says Star Wars Battlefront was selling six million copies a month, so 300k a month is completely reasonable. Easy, even.
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Feb 9, 2016 09:54
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Did SilverBullet ever manage to make an account and post? I might have missed it in the catch-up skim. Also just saw the Mad Catz news.
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Feb 9, 2016 09:56
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WhiskeyWhiskers posted:Done, yours is far more professional, I guess vague threats to bring governmental bodies down on them are more effective than proving that their game is a pile of poo poo. ACCC ain't nothin to gently caress with friend. Any Aussies trying to get refunded the magic words are "chargeback" and "informed ACCC" if they deny you.
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Feb 9, 2016 10:04
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The reason no other game has done something like "grabby-hands" and just use an inventory screen instead is because "grabby-hands" is loving stupid and pointless and unfun after the second time you try and wrestle cargo into your ship.
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Feb 9, 2016 10:05
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Bootcha posted:If I can do some math... https://www.youtube.com/watch?v=BRtlpPfrgXA
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Feb 9, 2016 10:10
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Daztek posted:I am a jack of all trades, master of none That's hauntingly beautiful.
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Feb 9, 2016 10:12
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Kimsemus posted:They've made poo poo way too difficult now, here is the simple email I sent, and with a little back and forth confirmation (and patience), got my $400 back from CIG: So between this and the Albion perma ban because lol SI, you're 1 and 1 this year, not bad.
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Feb 9, 2016 10:19
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Cao Ni Ma posted:When one of the devs mentions a cappuccino the other looks down, tries not to laugh by sealing his mouth and generally has confused look in his eyes. I can only guess that the espresso machine is an in joke within CIG as well. Anyone have a link to the time this happened?
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Feb 9, 2016 10:22
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Toops posted:I'm not sure what to call the "Destruction Derby" Game mode, anybody got some good names? Right now I'm going with "Destructo-Derby Paaarp Arena" which is weak. Dildonics derby death dance!
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Feb 9, 2016 10:22
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starkebn posted:The reason no other game has done something like "grabby-hands" and just use an inventory screen instead is because "grabby-hands" is loving stupid and pointless and unfun after the second time you try and wrestle cargo into your ship. Is Croberts remaking Jurassic Park Trespasser? https://www.youtube.com/watch?v=k6A3SaRr26M
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Feb 9, 2016 10:25
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