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https://www.youtube.com/watch?v=cK18KJciHlU&t=18m20s
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Jun 24, 2017 05:53
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| # ? May 15, 2024 01:12 |
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oh my gooooooood
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Jun 24, 2017 06:06
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For a thing that they update on weekly basis, they sure waited until the Avocados date had passed to announce an up to a month delay. It's almost as if there is zero thought put into their estimates and the regular updates are just another marketing trick. Also, a month delay, for the early testing of a pre-alpha build.
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Jun 24, 2017 06:16
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"It's like I'm making nothing at all... Nothing At All... NOTHING AT ALL!" -Stupid sexy Croberts
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Jun 24, 2017 06:20
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Jobbo_Fett posted:"It's like I'm making nothing at all... Nothing At All... NOTHING AT ALL!" -Stupid sexy Donnel 
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Jun 24, 2017 06:54
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Damnit, now I have the urge to play TIE Fighter.
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Jun 24, 2017 06:58
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Jun 24, 2017 08:15
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https://clips.twitch.tv/QuaintTolerantPresidentHassanChop https://clips.twitch.tv/GlutenFreeAverageTeaOneHand 
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Jun 24, 2017 08:26
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The commercial for the Nox is so sexy that it convinced everybody to get one https://www.youtube.com/watch?v=xFjq3VrLYDw
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Jun 24, 2017 08:40
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I think star citizen: the video game is right on track. Cant wait for 4.0
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Jun 24, 2017 09:43
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crisp roberts posted:I think star citizen: the video game is right on track. Cant wait for 4.0 FINALLY a voice of reason
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Jun 24, 2017 10:02
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Welcome to the
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Is 3.0 actually the old 2.6? Or is it not even up to what was promised there. I can't remember all these numbers because their meaning changes daily. I can at least know that bigger numbers have less in them than smaller numbers.
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Jun 24, 2017 11:06
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Sappo569 posted:I have a team of highly trained moose that pull me Just watch out for German auditors. Sweden occasionally has problems with Germans coming here as tourists and stealing the moose warning road signs, to the point where fake signs are sold at certain tourist shops just to keep them from taking the real ones. D_Smart posted:Catte tax while we wait for the new shedool! This is good. I wonder... if he can make a rusty knife that sharp, is there a way to make a rusty Roberts sharp enough to realize what he's doing? Nah, probably not
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Jun 24, 2017 12:26
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No Mods No Masters posted:oh my gooooooood STAR. CITIZEN.  
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Jun 24, 2017 12:46
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Quavers posted:
LOL!! Totally called it! http://www.dereksmart.com/forum/index.php?topic=9.msg1728#msg1728 quote:**BREAKING*** two sources have now confirmed that 3.0 is such a technological nightmare, and performance hog, that nobody knows how they are going to end up releasing it within the current time frame; let alone for GamesCom. http://www.dereksmart.com/forum/index.php?topic=29.msg1714#msg1714 quote:But 3.0 is on the way. The Evocati "aim" date, as per last week's schedule update, is 06-21-17 to 07-05-17. We know that's probably not going to happen. And when it eventually drops, we'll see what the performance is like. Last week Evocati was 06/21/17 to 07-05-17. This week it's 07/07/17 - 07/20/17 D_Smart fucked around with this message at 13:09 on Jun 24, 2017 |
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Jun 24, 2017 13:01
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So it seems they ran out of money. But there is a good news. CIG uk has taken out a (presumably) big old loan, which you can take a look at on their filing. They have split the terms with F42 so you can read it in their filing too. The collateral for the loan? Everything. All game rights, recordings they've made including music, future tax credits, any insurance policies they've taken out. Any agreements they've made with anyone else (sponsors, membership fees). It's section 4 / 5. It doesn't list the amount of the loan but I would assume with that security it is a substantial one. https://beta.companieshouse.gov.uk/company/08815227/filing-history https://beta.companieshouse.gov.uk/company/08703814/filing-history shrach fucked around with this message at 13:14 on Jun 24, 2017 |
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Jun 24, 2017 13:10
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shrach posted:So it seems they ran out of money. But there is a good news. CIG uk has taken out a (presumably) big old loan, which you can take a look at on their filing. They have split the terms with F42 so you can read it in their filing too. The collateral for the loan? Everything. All game rights, recordings they've made including music, future tax credits, any insurance policies they've taken out. Any agreements they've made with anyone else (sponsors, membership fees). It's section 4 / 5. Oh dear, time for a sale, I think!
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Jun 24, 2017 13:16
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Will the loan show up when they have to publish their books? Funny they take the loan a week after publishing their books, even if it was for 2016s year.
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Jun 24, 2017 13:21
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shrach posted:So it seems they ran out of money. But there is a good news. CIG uk has taken out a (presumably) big old loan, which you can take a look at on their filing. They have split the terms with F42 so you can read it in their filing too. The collateral for the loan? Everything. All game rights, recordings they've made including music, future tax credits, any insurance policies they've taken out. Any agreements they've made with anyone else (sponsors, membership fees). It's section 4 / 5. Yup. I was messaged that last night, and just saw the message. Going to look into it closely in a bit. This completely confirms what sources recently told me, and which I recently reported. Cao Ni Ma posted:Will the loan show up when they have to publish their books? Funny they take the loan a week after publishing their books, even if it was for 2016s year. Yeah, it will. As to disclosure, remember when I wrote this on June 12th? http://dereksmart.com/forums/topic/sc-scoop/#post-5325 Excerpt: quote:Section 19 is very curious. Due to the huge restated amount of £2.4m ($3.0m) from 2015, it reads like the sort of thing that would result from either a govt audit, or them just cleaning up their books in order to pass any due diligence muster. Also, as they’re now taking tax credits, it makes sense that these sort of numbers should be devoid of any such discrepancies, or they would also be in some serious problems with the govt. If you look at the chart from the previous analysis, with these restated numbers, it is now also clear that though the company doesn’t sell anything, they’re using money received from the parent (the backer piggy bank) company, as their income/turnover cash flow. D_Smart fucked around with this message at 13:23 on Jun 24, 2017 |
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Jun 24, 2017 13:21
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Cao Ni Ma posted:Will the loan show up when they have to publish their books? Funny they take the loan a week after publishing their books, even if it was for 2016s year. It would show the amount if it were taken out in the year of the accounts (Next CIG accounts are for the year ending 31 December 2016). Something this substantial when there was already a disclaimer in the CIG accounts for going concern may put a note in as a post balance sheet event. Would be some note saying something like, "after the year end the company ran out of cash but is still a going concern because it secured a long term loan". The amounts probably wouldn't be disclosed until they are in the relevant accounting period. Also to answer the obvious question. Coutts & Co were the bank. Coutts is owned by RBS. RBS is owned 73% by the UK Government.
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Jun 24, 2017 13:35
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shrach posted:So it seems they ran out of money. But there is a good news. CIG uk has taken out a (presumably) big old loan, which you can take a look at on their filing. They have split the terms with F42 so you can read it in their filing too. The collateral for the loan? Everything. All game rights, recordings they've made including music, future tax credits, any insurance policies they've taken out. Any agreements they've made with anyone else (sponsors, membership fees). It's section 4 / 5. I think you'll find this is good for Star Citizen
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Jun 24, 2017 13:42
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lol has reddit handwaved this yet? "The bank just wants to be a part of gaming history so they gave chris a shitload of cash, no strings attached"
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Jun 24, 2017 13:42
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It's just the bank Amazon uses in the UK obv
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Jun 24, 2017 13:45
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This might be a stretch for all you zealots in the thread but I think CIG might be having cashflow problems.shrach posted:Also to answer the obvious question. Coutts & Co were the bank. Coutts is owned by RBS. RBS is owned 73% by the UK Government. Star Citizen: State Sponsored
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Jun 24, 2017 13:47
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Squadron 38
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Jun 24, 2017 13:51
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This is just too good.
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Jun 24, 2017 13:57
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Beer4TheBeerGod posted:This is just too good.
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Jun 24, 2017 14:00
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Beer4TheBeerGod posted:This is just too good.
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Jun 24, 2017 14:04
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shrach posted:
Also known as the Queen's bank!
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Jun 24, 2017 14:04
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lol, come on, there got to be a way to find out the amount!
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Jun 24, 2017 14:06
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big nipples big life posted:lol Cue spite
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Jun 24, 2017 14:09
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This is legitimately the biggest blow to SC since the evaporation of SQ42 prelude's release last year and the Spectrum-focussed convention. 'We absolutely have enough money to finish the game as promised' vs. using the entire loving thing as collateral? The only question is what stupid fuckwit decided to actually grant the loan on those terms.
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Jun 24, 2017 14:10
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Gradis posted:Really? drat who is making that? They're filming it now, it'll be shown in 2018. Sillybones posted:Is 3.0 actually the old 2.6? Or is it not even up to what was promised there. I can't remember all these numbers because their meaning changes daily. I can at least know that bigger numbers have less in them than smaller numbers. 2.7 was delayed forever. So they rolled 2.7 into the 3.0 update. 3.0 has a YUGE list of features, so made a convenient excuse for the delays and mollified the Fast forward a year. 3.0 has been delayed forever. So they're cutting the YUGE list of features to the bone to get it out "early" (it's still 6 months late by their own hosed up schedule). So, what the backers are actually getting in 3.0 is a rebranded 2.7 that's well over a year late at this point. It's a massive and not particularly subtle shell game.
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Jun 24, 2017 14:11
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reddit scheduler science man, 18 days ago: "There's a one in three chance that 3.0 will be delayed past July 20th." reddit scheduler science man, today: "Minimum Disappointment" release window: if CIG cuts features: Aug 4 - 10 (originally July 14 - Aug 28) no cuts: Aug 4 - 16 (originally Jul 26 - Sep 13)" lol
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Jun 24, 2017 14:12
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Breetai posted:This is legitimately the biggest blow to SC since the evaporation of SQ42 prelude's release last year and the Spectrum-focussed convention. The level of fuckwitery is going to vary depending on the actual loan amount, repayment conditions and actual real cash flows that may have been demonstrated to the "Chargee".
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Jun 24, 2017 14:14
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Some old favorites:Tijuana Bibliophile posted:I wonder how many staunch CIGologists are already mentally preparing how to dish out blame when the ship sinks AP posted:Star Citizen is the funniest poo poo ever.
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Jun 24, 2017 14:14
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To bank with Coutts you must have at least £1,000,000 in tangible assets and in any event they are selective about their clientele; which implies CIG is doing well. It is a good sign. They wont get a loan if they were in bad shape.
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Jun 24, 2017 14:18
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I went to Coutts office once to deliver some Cisco kit. Well that's my story thanks for reading peace glory to stimpire
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Jun 24, 2017 14:19
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 Needs Crobber's head
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Jun 24, 2017 14:21
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| # ? May 15, 2024 01:12 |
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One guy is already trying to rules lawyer it off the subreddit
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Jun 24, 2017 14:23
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