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This is my final effort post in summary of the UK accounts situation. Under UK law (Companies Act 2006) all UK registered companies must file a number of documents with the agency known as Companies House. These documents are all public records. A company must file a set of their accounts within nine months of their registered financial year end (or if it is their first set of accounts, they have 21 months from incorporation). Failure to file documents is considered a strict liability. Eg: Were the accounts filed? Yes/No. If the answer is no, the company itself is fined. Failure to deliver documents is a criminal offence. All the directors of the company risk prosecution. On conviction, a director could end up with a criminal record and a potentially unlimited fine for each offence. This is separate from the civil penalty imposed on the company for late filing of accounts. Prosecution of directors and the timeline can vary massively and there is no definitive answer to the questions you may have. When Companies House take steps to initiate criminal proceedings against a director, most will make it a priority to avoid criminal proceedings. Repeat offenders will likely receive less leeway and shortened timelines. You can read about chef Gordon Ramsay's close encounters with criminal prosecution for failing to file accounts here. You can check for yourself by following the links but presently Foundry 42 Limited, Roberts Space Industries International Limited, and Cloud Imperium Games UK Limited are all in breach of the law for failing to file their accounts on time. Once they have filed their accounts, you will be able to view them yourself at the links. As directors of each of these companies, Christopher Roberts, Erin David Roberts, and Ortwin Freyermuth are therefore breaking UK law and running the risk of criminal proceedings.
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# ? Oct 2, 2015 21:39 |
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# ? Apr 26, 2024 23:55 |
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Malleovic posted:This is totally unrelated but I can't take it anymore and I had to say something. Your AV and the text underneath creep me the gently caress out for some reason. Thank whoever bought it for me, I suspect it was a Bitcoin millionaire with firm thighs & a Javelin who may or may not be holding a young child captive.
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# ? Oct 2, 2015 21:40 |
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Madcosby posted:you do nothing but ingest the dozens of hours of SC crap they peddle out, then detail the highlights for people here. youre basically chris' pawn on this forums, you and beer. and you do it for free. at least that ham whale they keep putting pictures of gets paid to promote chris next commercial You're starting to get kinda weird about this. Maybe you should post somewhere else, because most of us are just trying to have a good time, and you're just flailing around and getting upset at something.
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# ? Oct 2, 2015 21:41 |
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peter gabriel posted:How much is the scrub tier version of the game? That's what I bought 35 bucks was the early-backer amount, I think? I backed at that level too.
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# ? Oct 2, 2015 21:42 |
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madcosby is actually mad that people are getting scammed and he can't laugh about it he's a good man, and he's my friend
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# ? Oct 2, 2015 21:43 |
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thatguy posted:The third email I got today: Is it really?
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# ? Oct 2, 2015 21:43 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. I'm quoting it because all of your posts have been good and somehow 'journalism' is completely missing them.
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# ? Oct 2, 2015 21:43 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. Take away from development of the game are we
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# ? Oct 2, 2015 21:45 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. Now why on earth would a financially stable and secure company like CIG not file their accounts I wonder.
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# ? Oct 2, 2015 21:45 |
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SelenicMartian posted:"This current period is seeing a very high number of support requests"
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# ? Oct 2, 2015 21:45 |
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Tarranon posted:madcosby is actually mad that people are getting scammed and he can't laugh about it This must be the real reason I think. He is too serious for this thread though. shrach posted:This is my final effort post in summary of the UK accounts situation. Isn't CR in England right now?
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# ? Oct 2, 2015 21:45 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. Thanks for your contribution Shrach, is there any procedure that allows for exceptional extension without running risk of having to pay the staged penalties?
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# ? Oct 2, 2015 21:45 |
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redwalrus posted:I'm quoting it because all of your posts have been good and somehow 'journalism' is completely missing them. Will a policeman come on stage at CitCon?
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# ? Oct 2, 2015 21:46 |
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seiferguy posted:I wonder how this man is feeling about his purchase: I want one of those so bad. The Bengal. No, the cat. They are pretty darn cool cats. Also, I want to make one of those seats but I just don't have room in my apartment. I got a pipe bender... Except mine would have a steering wheel attachment too. Warcabbit fucked around with this message at 21:49 on Oct 2, 2015 |
# ? Oct 2, 2015 21:46 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. So am I understanding this correctly? Derek Smart is in league with David Cameron & Jeremy Corbyn?
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# ? Oct 2, 2015 21:47 |
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Puppy Galaxy posted:Clearly, these "ex-employees" have been hired by DS to act like ex-employees of CIG, trying to cause a fallout in the SC community or maybe even try and get current staff to question their place or something. The whole thing just wreaks of DS and I think the Escapist will end up with a very bad rap when all is said and done. The Escapist has proven the Washington Post of SpergGate, but Derek Smart was not their "Deep Throat". It was current and former CIG employees who felt like this story had to be told and reached out to Escapist, since they weren't just drinking the Star Citizen Koolaid. Escapist deserves whatever the nerd equivalent is of a Pulitzer. A Webby or some crap like that. The more likely outcome is that Establishment Journalists-- who have largely been asleep at the wheel-- are going to smell blood in the water after the Escapist's first bite and we're going to see a swarm of stories. (Kotaku already cried foul for the "irresponsible journalism"-- no doubt they are jealous that they didn't get to strike first. They've been sitting on a lot of dirt themselves, biding their time, ignoring the warnings. Sod them for missing their moment.) If we really are witnessing the death throes of the biggest crowdfunding campaign in history, and the allegations of fraud, financial misappropriation, nepotism, racism, ageism, death-by-scope-creep, and all the rest ultimately prove true, then the media swarm will pick every piece of meat off the bone. How CIG survives that, I have no idea. That they seem not to deserve to, I relish. So I say mad props to Escapist, for giving voice to whistleblowers warning of calamity, and for their generous contributions to the entertainment value of this thread.
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# ? Oct 2, 2015 21:49 |
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sorla78 posted:Thanks for your contribution Shrach, is there any procedure that allows for exceptional extension without running risk of having to pay the staged penalties? Otherwise it's "gently caress you, pay me". https://www.youtube.com/watch?v=3XGAmPRxV48
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# ? Oct 2, 2015 21:49 |
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Now that both Sandi and Chris have had independent meltdowns from recent events, I am hoping Ortwin Freyermuth provides one as well in order to complete the chain. He seems the most self-controlled, so it's kind of a high bar, but I believe in DSmart to take us the distance.
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# ? Oct 2, 2015 21:51 |
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But is whateverthefuckname Star Citizen company UK registered? All of that is meaningless if they aren't.
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# ? Oct 2, 2015 21:53 |
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Point is Master-Geek Ben Lesnick didn't even know what the hell the difference is between RSI and CIG. So obviously it looks like peasants aren't briefed on how Chris and Ortwin's cloudy Imperium is structured and operating. Which in my books is always a red flag.
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# ? Oct 2, 2015 21:57 |
Hope you guys who have massive amounts of cash in this realise the refunds wont carry on forever...
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# ? Oct 2, 2015 21:57 |
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I like that, for years, this thread was basically true believers being trolled by the occasional person who'd come in and say the game was never going to be made. Now, it's flipped so hard in the other direction that the only way to really bait people is to insist that it's all a misunderstanding and things are going great.
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# ? Oct 2, 2015 21:58 |
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God, i really have trouble to enjoy all this drama... I don't even have the stamina to read even a little bit of it. How do guys do it ?
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# ? Oct 2, 2015 21:58 |
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Sarsapariller posted:I like that, for years, this thread was basically true believers being trolled by the occasional person who'd come in and say the game was never going to be made. Now, it's flipped so hard in the other direction that the only way to really bait people is to insist that it's all a misunderstanding and things are going great. wait a dicking second, how would you know what the thread was like years ago?
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# ? Oct 2, 2015 21:59 |
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sorla78 posted:Thanks for your contribution Shrach, is there any procedure that allows for exceptional extension without running risk of having to pay the staged penalties? Not really. You may get an extension if your books and records are lost to a natural disaster but the company would probably still have to pay the fine. In some cases where the company is dormant you may also be able to avoid fines by stating that the company has no assets and no liabilities and no longer exists so that it is struck off the register.
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# ? Oct 2, 2015 22:00 |
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Sarsapariller posted:I like that, for years, this thread was basically true believers being trolled by the occasional person who'd come in and say the game was never going to be made. Now, it's flipped so hard in the other direction that the only way to really bait people is to insist that it's all a misunderstanding and things are going great. …made particularly fun by how there's still the occasional person coming in to troll about how the game will never come out.
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# ? Oct 2, 2015 22:00 |
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GreenLight posted:God, Crippling autism and desk jobs.
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# ? Oct 2, 2015 22:00 |
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I'm off sick from work with flu and this has made my day easier, could really do with some kinda podcast or video about it so i can listen while I writhe around, groaning.
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# ? Oct 2, 2015 22:02 |
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Hell hath no fury like a goon swarm'd
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# ? Oct 2, 2015 22:02 |
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GreenLight posted:God, I like to read the funny things And desk job
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# ? Oct 2, 2015 22:02 |
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Sushi in Yiddish posted:Hell hath no fury like a goon swarm'd Yup, first eve, and now the world
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# ? Oct 2, 2015 22:03 |
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GreenLight posted:God, its like politics, except irrelevant
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# ? Oct 2, 2015 22:04 |
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Friendly Tumour posted:wait a dicking second, how would you know what the thread was like years ago? Back in the first year the clueless org I was a part of was in PACT or LAMP or whatever the gently caress the first big alliance was called, and was terrified of goons. I spent a lot of time on this thread (it was frequently open to the public) just reading because I found the posts a lot more entertaining than the fake-space-martial badge-awarding bullshit that my crew were doing, but didn't feel like J'ing 4 G. I ditched them soon after and only came back to post after another couple years had passed, when DSmart and Seraph showed up.
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# ? Oct 2, 2015 22:04 |
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nopantsjack posted:I'm off sick from work with flu and this has made my day easier, could really do with some kinda podcast or video about it so i can listen while I writhe around, groaning. Here's a recap: https://www.youtube.com/watch?v=4BV7rc9CJvc
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# ? Oct 2, 2015 22:05 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. Really interesting, thanks. Even if they are not formally charged, it's a good example of investor's money being mishandled in terms of the fines alone. edit: which, if I understand this correctly, would be in excess of $5000 US?... please correct me if I'm wrong A Neurotic Jew fucked around with this message at 22:09 on Oct 2, 2015 |
# ? Oct 2, 2015 22:05 |
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shrach posted:This is my final effort post in summary of the UK accounts situation. What is likely is that the accounts are with the accountant and being worked on. My company tax filing was way overdue one year but the all the accounts had been with the accountant for months. Given that the last filing was in December 2014 it's likely they'll probably be completed around the same time this year. Of course what no one has considered is that this won't stop when the money runs out. Instead Chris Roberts will keep selling internet spaceships and borrow money to keep the company afloat.
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# ? Oct 2, 2015 22:05 |
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GreenLight posted:God, I defer to the CIG recommendation of a nutritious chug of your own fluids to sustain you through the read. nsfw:
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# ? Oct 2, 2015 22:07 |
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Tippis posted:…made particularly fun by how there's still the occasional person coming in to troll about how the game will never come out. I was never trolling. Even now, when the game is just around the corner, I can say in all seriousness that it will never be released.
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# ? Oct 2, 2015 22:08 |
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Unormal posted:I hope Star Citizen at least eventually is forced to release all it's assets/code for people to use.
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# ? Oct 2, 2015 22:10 |
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# ? Apr 26, 2024 23:55 |
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Devian666 posted:What is likely is that the accounts are with the accountant and being worked on. My company tax filing was way overdue one year but the all the accounts had been with the accountant for months. Given that the last filing was in December 2014 it's likely they'll probably be completed around the same time this year. Not sure what you mean. None of the companies have ever filed a set of accounts so there is no way to guess how late they might be. The ones that are overdue concern the period ending 31 December 2014. If you are providing your books and records in a timely manner to your accountant and you are missing the filing deadline you might want to think about finding a new accountant.
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# ? Oct 2, 2015 22:11 |