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https://twitter.com/KeeganStandifer/status/902793866536943617
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Sep 9, 2017 22:06
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SomethingJones posted:And why does the US Navy have a couple of warships stationed off the coast, are they going to blow up the hurricane After what happened to Houston, we will never let the muslims crash another hurricane into us ever again! "The water is crafty boys, now man the guns and wait for my signal."
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Sep 9, 2017 22:06
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Harbinger73 posted:Just an ELE theory I posted on Discord: I suggested similar a while back: Quavers posted:If CIG UK were to fold, and Coutts obtain the assets, could CIG US then buy said assets off Coutts and continue development? I.e. a cunning "dodge paying the bills" company closure?
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Sep 9, 2017 22:08
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So are we getting the ELE blog today??
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Sep 9, 2017 22:09
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https://twitter.com/tuxedomarx/status/906622748419649536
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Sep 9, 2017 22:10
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https://www.reddit.com/user/CyberArmProsthesis  
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Sep 9, 2017 22:11
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MarcusSA posted:So are we getting the ELE blog today?? http://dereksmart.com/forums/reply/5764/ Read Derek's post, he has more to come apparently, in addition to the new Cloud Imperium Rights company. quote:I have also learned that CIG is going to stop issuing refunds very soon, due to their on-going financial difficulties. If they do try to stop refunds, that's going to worry a lot of Citizens just by itself.
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Sep 9, 2017 22:13
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That reaction plus the (mostly) positive GlassDoor review means he either- Didn't actually get laid off or Signed something promising non-disparagement that could affect his severance.
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Sep 9, 2017 22:15
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This is all just madness now
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Sep 9, 2017 22:15
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Sep 9, 2017 22:17
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Quavers posted:I suggested similar a while back: Well, if the loan was secured against the assets and was worth somewhere in the area of 5 million dollars, then they would probably set the price of the auction to secure most, if not all of the loan. So anybody could buy the whole company for 5 million dollars. Nobody in their right mind would want to buy this property so the only possible bidder could be this new CIG Rights company. So they siphon off enough funds to buy up the property with this new company, default on the loan, the bank seizes the IP, puts it up for auction, and CIG Rights wins it by being the only one to bid on the rights? Well it would be funny if that would absolve them of any and all obligations to deliver anything, including the ships they sold. But they still need to finish the game and if they gently caress everyone over nobody is going to be pledging. It would make more sense just to keep the five million and let the bank keep the worthless IP and assets.
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Sep 9, 2017 22:18
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AP posted:https://twitter.com/tuxedomarx/status/906305386726162437 Quoting to add image as he deleted the tweet and is now having an argument with Derek. 
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Sep 9, 2017 22:19
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24 y/o jr programmer leaves. I can see why this was such big news now.
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Sep 9, 2017 22:21
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what is a 'vinyl setup'? Like latex, only cheaper?
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Sep 9, 2017 22:22
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big nipples big life posted:24 y/o jr programmer leaves. I can see why this was such big news now. What's amusing is that Derek's minions are here pre-hyping the next stupid loving blog.
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Sep 9, 2017 22:22
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D_Smart posted:I had already written an article (just now published) Going to summarize this for people who don't want to read it: <open with stolen goon art> Self Aggrandizement I called it in my first blog I called it in the ELE blog Here's a link to my blog about their terms of service and how they keep changing it. Here's a link to my blogs where they denied somebody refunds and then that person went to the CA authorities and they stopped denying refunds. Here's a link to my blogs about their engine and how it can't work and how I called that they were going to switch to Amazon's. Here's a link to my blogs about how they're going to ship a MVP and then bail. None of this has happened but I'm right anyway. Here's about fifty links to my blogs about their financial problems where I've been saying they would run out of money any day now for about two years. Here's a link to my blog about them taking some tax credits in the UK which totally confirms the rest of my blogs. Here's a link to my blog about a rumor posted on reddit that they may or may not be seeking $75m which also totally confirms the rest of my blogs. Now, the new bit: Here's a link to my completely empty tweet predicting total failure in the next two week time period. Vague hand waving about how many people are talking to me. People say Chris Roberts is looking to get out, and that other people are getting out. Shocking Revelation People say that Chris Roberts is difficult to work with. Holy poo poo I can't actually give you any detail on what is going on because my sources etc. etc. Here is a link to literally the only new piece of information, and it is the new shell corporation as linked in the thread about three or four pages ago. <close with stolen goon art> PS this is not a mock post, that is the actual summary of the article.
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Sep 9, 2017 22:22
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D1E posted:What's amusing is that Derek's minion is here pre-hyping the next stupid loving blog. fixed, there's only one left
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Sep 9, 2017 22:25
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hot balls man no homo posted:Well, if the loan was secured against the assets and was worth somewhere in the area of 5 million dollars, then they would probably set the price of the auction to secure most, if not all of the loan. So anybody could buy the whole company for 5 million dollars. Nobody in their right mind would want to buy this property so the only possible bidder could be this new CIG Rights company. So they siphon off enough funds to buy up the property with this new company, default on the loan, the bank seizes the IP, puts it up for auction, and CIG Rights wins it by being the only one to bid on the rights? What if there are other outstanding debts involved, like paying the actors, Imaginarium, CryTek licensing fees, subcontractors, etc? Wipe out that debt, and New
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Sep 9, 2017 22:25
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Golli posted:what is a 'vinyl setup'? Like latex, only cheaper? gimp suit
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Sep 9, 2017 22:25
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Quavers posted:What if there are other outstanding debts involved, like paying the actors, Imaginarium, CryTek licensing fees, subcontractors, etc? Wipe out that debt, and New So many LOLs to be had if this comes true. Keep pledging people!
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Sep 9, 2017 22:27
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Quavers posted:What if there are other outstanding debts involved, like paying the actors, Imaginarium, CryTek licensing fees, subcontractors, etc? Wipe out that debt, and New So the company goes bankrupt, nobody gets paid, debtors get invited to a meeting held by the bank, assets are scooped up and sold back to the guy who owned the company to begin with and he's back in business in 2 weeks. Is that what I'm looking at here
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Sep 9, 2017 22:30
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Sep 9, 2017 22:31
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Golli posted:what is a 'vinyl setup'? Like latex, only cheaper?   Get a refund.
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Sep 9, 2017 22:32
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Harassing some kid who just left his job is peak loving comedy. I'm glad I was here to witness this.
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Sep 9, 2017 22:34
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SomethingJones posted:So the company goes bankrupt, nobody gets paid, debtors get invited to a meeting held by the bank, assets are scooped up and sold back to the guy who owned the company to begin with and he's back in business in 2 weeks. Also I really don't see how this holds up. As much as I'd like it to be true there is no way it's not against the law in everyone of the 14 countries they are set up in.
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Sep 9, 2017 22:34
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peter gabriel posted:They'll use peanuts instead of a time out, just make criminal levels time out due to higher and higher levels of diarrhea i mean, it's already a mechanic in game
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Sep 9, 2017 22:35
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peter gabriel posted:Man what a lovely, grubby project this is how have they not blocked you on twitter? I said like one negative thing to wtfosaurus and I was banned within minutes.
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Sep 9, 2017 22:37
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MarcusSA posted:Also I really don't see how this holds up. As much as I'd like it to be true there is no way it's not against the law in everyone of the 14 countries they are set up in. It worked for a major building firm here a few years ago. I have a family member who was owed 20 odd grand, and the building firm was back up and running the next year. I just never understood the mechanics of how it was possible before. Read Loxbourne's posts.
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Sep 9, 2017 22:38
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AP posted:Quoting to add image as he deleted the tweet and is now having an argument with Derek. It's worth archiving these as images too:  e: I should refresh before posting.
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Sep 9, 2017 22:40
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Sarsapariller posted:So, the Derek method:
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Sep 9, 2017 22:42
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I'd really like to see a grand unified theory of CIG failure. So far we have 5 competing theories, all called in advance by Derek: 1) CIG releases a minimum viable product, denies refunds, enters an eternal twilight of little/no development while continuing to sell spaceships. Chris Roberts leaves, declaring job done. 2) CIG receives some kind of miracle investment on top of all their existing financial commitments. Chris is removed from the project as a condition of this buyout. Star Citizen is saved. 3) CIG declares bankruptcy and/or abruptly fails financially. Employees and backers are left holding the bag. Chris Roberts departs in shame and ignominy forever. 4) CIG defaults on loan and through some kind of financial shenanigans retains all rights to its assets through a shell company. Employees and backers are left holding the bag. Chris Roberts... continues making Star Citizen forever? 5) CIG turns out to be a front for a Russian billionaire to launder their money into the US/UK and get around the Magnitsky act- fleecing a few nerds was just a bonus. Chris Roberts is revealed to be Sergei Rostislav. The whole operation disappears overnight or is purchased by Daybreak Games. Lethality tweets that this is a positive turn of events.
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Sep 9, 2017 22:45
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SomethingJones posted:So the company goes bankrupt, nobody gets paid, debtors get invited to a meeting held by the bank, assets are scooped up and sold back to the guy who owned the company to begin with and he's back in business in 2 weeks. That's sort of like "winning" the rights to the Fyre Festival. "Sure, the people who gave me $150 million wound up with nothing, but you should invest millions with me anyway" isn't the greatest pitch to get CIG 2.0 off the ground.
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Sep 9, 2017 22:45
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Warhawk109 posted:So it just occurred to me, that one of the reasons for constantly shifting development resources between SC and SQ42, and delaying SQ42 in particular, is the UK video games tax relief. If they actually finish SQ42, no more tax credits, correct? Also, could they potentially get in trouble for having F42 work on things related to SC, which hasn't met the sufficiently "British" cultural test, instead of dutifully meeting their obligations to complete the game that falls under the tax relief? I think this is uncharted territory since most game companies are just...you know....making a game? The tax credits aren't usually dealing with an incestuous hydra of scams involving worldwide facilities tied up in over a dozen shell corporations working on what is apparently a quantum superposition of all games at all times
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Sep 9, 2017 22:45
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VictorianQueerLit posted:I think this is uncharted territory since most game companies are just...you know....making a game? And how many companies would you need to create a computer game?
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Sep 9, 2017 22:47
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TheLastRoboKy posted:It's kind of wacky how it all started but he basically voiced concern about the feature bloat Star Citizen had as it was getting more money and seemingly promising to do more and more when it hadn't really achieved the basics, and did so in a fairly public way while he was a backer because by his own account personal attempts to reach out to CIG were ignored completely. CIG responded to his criticism by refunding him, banning him from their forums, and claiming (falsely) he'd been using forums access to advertise his own game Line of Defense. They also did some attempts at shaming/discrediting him by claiming through their data he had never touched Arena Commander or anything like that even once under his account (even though that wasn't what he'd been talking about). Yeah, that's basically it. I even wrote a blog about my position. It's short  Star Citizen - How I Got Involved
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Sep 9, 2017 22:48
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ZenMaster posted:how have they not blocked you on twitter? I said like one negative thing to wtfosaurus and I was banned within minutes. I don't think they know what to do with me tbh. I half expected a game ban, or similar by now. I can even post on Spectrum although lol gently caress that
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Sep 9, 2017 22:48
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Derek I am going to level with you, I've never clicked a single one of your links
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Sep 9, 2017 22:49
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Hey man, I enjoy your comedy stylings as much as anyone. But you've gotta stop pre-hyping these minor updates. Like, the day the payroll checks start bouncing, what are you going to post that could possibly grab attention? You haven't got anything left to escalate the rhetoric.
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Sep 9, 2017 22:50
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Dogeh posted:And how many companies would you need to create a computer game? We're 14 companies in already, so I reckon 15 would be ideal. Any more than that and it would start to get stale.
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Sep 9, 2017 22:50
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 Hmm, a comment removed. Let's 
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Sep 9, 2017 22:51
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