Toops posted:

You haven't truly flown a fake spaceship until you've flown one with a "Thrustmaster" up your rear end.

Roflan posted:

What does a cat need with a switchblade..?

Viktor posted:

But feel free to donate via prepaid credit card to https://www.patreon.com/BoredGamer!

Too lazy to check if any cig employees are supporting him but he's making $500/month.

Beet Wagon posted:

e: I've been in touch with Obey

thatguy posted:

thatguy posted:

Hav posted:

Is there an emoticon for _everything_?

Hav posted:

Is there an emoticon for _everything_?

quote:

UPDATE: 06/28/17:

I ran through this with an attorney who deals with IP law, as well as another that works for a bank on software company acquisitions, loans etc. The main issue of contention and ambiguity are: does Coutts Bank now own Squadron 42 or Star Citizen, and is Star Citizen excluded from the security pledge?

As the bank isn't a publisher, the word "ownership" is tenuous in this regard. Fact is that, the bank has a "controlling interest" in Squadron 42 (which we assumed to be the "Game" defined in the charge), and in so doing, also has some interests in various aspects of Star Citizen. If this were a publisher, such an interest would give them the means to exercise various types of actions (e.g. design input, marketing, distribution etc) in exploiting the property. But the bank, while having this same insight, isn't likely to exercise it because, well, they are bankers, not publishers or game developers.

Instead, the bank has i) secured the aforementioned aspects, while giving to the studio, the rights to continue working on, and exploiting the product as they have been doing ii) excluded specific (the ambiguous part) aspects of Star Citizen.

For this to be a bit clearer, we have to take a close look at the these two definitions which appear on p22 - 23 of the PDF filing (29 page JPEG album).

quote:

Collateral means the Chargor's right, title and interest in and to (i) the property charged pursuant to Clauses 4.1 and 4.2 hereof and (ii) the property assigned pursuant to Clause 5 hereof; excluding in all cases the Excluded Collateral;

Excluded Collateral means (i) the assets that have been charged pursuant to the Nat West Security Agreement; and (ii) all Intellectual Property Rights and all exploitation and distribution and other rights and all title, interest and materials with respect to the video game provisionally entitled "Star Citizen";

We also have to look at sections 4.2.2 and 4.2.5 on p7 of the PDF.

quote:

4.2.2 the Game Assets and the Distribution Rights

4.2.5 all digital material and sound and visual material made or to be made incorporating or reproducing all or any part of the Game; and

The ambiguity (to those who don't know software development, or that Squadron 42 is built from Star Citizen code, engine, assets etc) is in whether or not Star Citizen is really excluded in toto from the "Collateral". It is, but only certain aspects (e.g. the name) of it. In Section 4.2.5 "digital material" is blanket coverage of everything digital, which includes source code. Since Squadron 42 uses engine code and other assets from Star Citizen, it stands to reason that those assets are also secured.

And this how all Star Citizen tech and assets came to be inadvertently secured in this Charge. Of course if they don't default on the loan, or go bust at some point in time, none of this matters because then there won't be any dispute as to how much of Star Citizen is contained in Squadron 42.

D_Smart posted:

https://twitter.com/dsmart/status/880152129087963143


We also have to look at sections 4.2.2 and 4.2.5 on p7 of the PDF.




The ambiguity (to those who don't know software development, or that Squadron 42 is built from Star Citizen code, engine, assets etc) is in whether or not Star Citizen is really excluded in toto from the "Collateral". It is, but only certain aspects (e.g. the name) of it. In Section 4.2.5 "digital material" is blanket coverage of everything digital, which includes source code. Since Squadron 42 uses engine code and other assets from Star Citizen, it stands to reason that those assets are also secured.

And this how all Star Citizen tech and assets came to be inadvertently secured in this Charge. Of course if they don't default on the loan, or go bust at some point in time, none of this matters because then there won't be any dispute as to how much of Star Citizen is contained in Squadron 42.

D_Smart posted:

https://twitter.com/dsmart/status/880152129087963143


We also have to look at sections 4.2.2 and 4.2.5 on p7 of the PDF.




The ambiguity (to those who don't know software development, or that Squadron 42 is built from Star Citizen code, engine, assets etc) is in whether or not Star Citizen is really excluded in toto from the "Collateral". It is, but only certain aspects (e.g. the name) of it. In Section 4.2.5 "digital material" is blanket coverage of everything digital, which includes source code. Since Squadron 42 uses engine code and other assets from Star Citizen, it stands to reason that those assets are also secured.

And this how all Star Citizen tech and assets came to be inadvertently secured in this Charge. Of course if they don't default on the loan, or go bust at some point in time, none of this matters because then there won't be any dispute as to how much of Star Citizen is contained in Squadron 42.

A Neurotic Corncob posted:

imagine being obey-the-fist

spacetoaster posted:

So if Chris Roberts goes to jail do you think the cultists will keep sending him gifts? I think so.

legion989 posted:

Didn't read.

A Neurotic Corncob posted:

imagine being obey-the-fist

A Neurotic Corncob posted:

imagine being obey-the-fist

A Neurotic Corncob posted:

imagine being obey-the-fist

Hav posted:

I think they're hedging against an increase in Sterling, to be honest. Insulating yourself with 7 points against the dollar is kinda 'meh' as a move, so it's almost entirely just an advance.

Lladre posted:

What if I told you...


There is no Catte/Dogge Tax.

D_Smart posted:

https://twitter.com/dsmart/status/880152129087963143


We also have to look at sections 4.2.2 and 4.2.5 on p7 of the PDF.




The ambiguity (to those who don't know software development, or that Squadron 42 is built from Star Citizen code, engine, assets etc) is in whether or not Star Citizen is really excluded in toto from the "Collateral". It is, but only certain aspects (e.g. the name) of it. In Section 4.2.5 "digital material" is blanket coverage of everything digital, which includes source code. Since Squadron 42 uses engine code and other assets from Star Citizen, it stands to reason that those assets are also secured.

And this how all Star Citizen tech and assets came to be inadvertently secured in this Charge. Of course if they don't default on the loan, or go bust at some point in time, none of this matters because then there won't be any dispute as to how much of Star Citizen is contained in Squadron 42.

Beet Wagon posted:

Fun fact, guys like Obey-the-fist and Postapocalyptic_Sky on reddit genuinely believe we photoshopped all evidence of Wulf Knight's depravity.

e: I've been in touch with Obey and he has mentioned that he thinks Wulf is a creepy weirdo and that the chat logs/dick pics are genuine. It seems the great unifier in life is thinking internet creeps are creepy.

trucutru posted:

Eh, it's not that complicated. CIG owes the bank money and have offered collateral, but since the assets are not secured as fixed charge, CIG-UK would be free to sell or buy stuff. The bankers are not morons and to prevent any shenanigans(like CIG-UK transferring all IP rights to someone else), they are in control of the assets and give CIG-UK the right to continue working, so if CIG-UK wants to buy/sell some of their stuff then they have to ask permission from the bank first.

AP posted:

SPAMMING 4 AND LEFT MOUSE BUTTON LETS YOU SHOOT FASTER THAN INTENDED

STEPS TO REPRODUCE
1 Launch StarCitizen.exe
2 Got to Arena Commander
3 Load into any of the single player (!) modes with ship flight with an armed ship that doesn't use a weapon with spin-up time (I recommend repeaters)
4 Repeatedly press 4 (All Weapon Groups Toggle) and left mouse button (Fire Weapon Group One) simultaneously
5 Watch how your weapons archive a higher rate of fire than they should (compare to firing under normal conditions)

ACTUAL RESULT
The ship weapons fire faster than they should those giving you a higher ROF and damage per second. You can easily see this by switching between firing your weapon as usual and doing it in the way described above.

EXPECTED RESULT
Depending on the intended design the weapon should either not fire while the Weapon Groups Toggle key is pressed or at least shouldn't fire with an accelerated ROF.

https://www.youtube.com/watch?v=YLDtYllLuio

Chalks posted:

Whether or not the bank "owns" the game now is a pretty silly question to be contemplating anyway. The big news here is that a video game developer who crowd funded 150 million dollars has run out of money and now needs a loan so badly that they're willing to put basically everything of value as collateral to advance a tax rebate worth a few million dollars which will only last them a few months at most.

The only reason the bank would accept collateral like this is if CIG argued that the game was almost finished and they just need this money to make the final push.

It's clear to everyone that the game is nowhere near finished, but now CIG are in a bind, they pretty much have to release something before the last of their funds run out otherwise they cannot pay off the debt.

That's the news here - not that the bank technically owns a video game, but that CIG who railed against publishers forcing developers to release before their ready have climbed into bed with far less forgiving funding that will literally have debt collectors hauling away their office equipment in 6 months time if they don't force the game out.