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quote:"Chris wanted something never seen before and that's an Earth that is completely open to exploration." Yes, one can only imagine a game set on "Earth." Never been done before! Truly the future is now!
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Oct 11, 2019 05:10
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I cant believe Bellular still shills for this game every now and then on his news channel. Its sad.
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Oct 11, 2019 05:12
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Quality rumours. About time they got back to milking people for land claims.
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Oct 11, 2019 05:15
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Just announced: we have partnered with outside, independent space journalist to give you up to date information about Love Pledge and other space game! https://twitter.com/CoastCourt/status/1182510992539844608
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Oct 11, 2019 05:25
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TheAgent posted:
I hope they showcase this poo poo because it's going to be great to compare it to Flight Simulator. Wow! A thousand years into the future the Earth looks like poo poo!
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Oct 11, 2019 05:29
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TheAgent posted:hello Didn't Chris take all that backer money, use the money to found a company that he owned, then turn around and have the company use it's funds to buy the Star Citizen intellectual property from *checks notes* one Christopher Roberts for a hefty sum?
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Oct 11, 2019 05:42
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TheAgent posted:hello part 2 (from someone waaaaay different)
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Oct 11, 2019 06:37
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TheAgent posted:hello part 2 (from someone waaaaay different) Oh god I hope this is all true, and is shown off in a flashy demo at CitCon. The Citizenry would go ape poo poo and literally throw their money at the Crobbler’s feet. Spectacular new heights of whale milking is one of my few remaining wishes for this mess. But I just find it hard to believe that they really have anything in the tank (no matter how unfinished/broken), other than the pathetic “progress” like a new hair pipeline that they’ve been showing in their videos all year. They have been hunkered down in survival/expectation management mode. To come out swinging like this with Chris’ old scope busting swagger would be a massive change in direction. colonelwest fucked around with this message at 06:55 on Oct 11, 2019 |
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Oct 11, 2019 06:52
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Remember years ago when they were talking about how star citizen was gonna be SO big it'd take up 100 whole gigabytes and now we're at the point where games are coming out that are nearly double that (Rdr2 is 150, new call of duty is 175) Sankis fucked around with this message at 07:12 on Oct 11, 2019 |
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Oct 11, 2019 06:58
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Strangler 42 posted:Didn't Chris take all that backer money, use the money to found a company that he owned, then turn around and have the company use it's funds to buy the Star Citizen intellectual property from *checks notes* one Christopher Roberts for a hefty sum? Also I highly suspect he borrowed funds from CiG set up his own mocap studio then CIG just happens to use his studio exclusively... then he pays back the loan with all the revenue from the mocap studio ... Now we can show all money going towards development on the books but line our pockets at the same time. If he was honest and it's just him selling his SQ42 shares by getting investors in CIG ... Based on the first transaction of where he netted 5 million for 10% of the company For 30M has sold 60% of CIG...
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Oct 11, 2019 07:10
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TheAgent posted:hello part 2 (from someone waaaaay different) Has Chris remembered to stake a claim for his own mansion down on earth? Are there going to be plenty of statues of Chris in this future earth? Chris wanted something that's never been seen before and then asked for the only thing that's been seen before.. earth. Jokes aside has Chris not discovered Google Earth? Be ready right after we show it... Weeks not months ? If the rumours are true... The cherry ontop will be when the backers ask for where all this stuff is on the road map... After half a decade of unreported development. Why will parcels of land be worth more than there cost? Do they honestly think they will have a single universe where land is scarce?..... I mean given 50 players causes everything to implode and everything is wiped constantly just to get the sever to limp along and clip through itself, it seams ambitious. DigitalPenny fucked around with this message at 07:25 on Oct 11, 2019 |
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Oct 11, 2019 07:22
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Sankis posted:Remember years ago when they were talking about how star citizen was gonna be SO big it'd take up 100 whole gigabytes and now we're at the point where games are coming out that are nearly double that Things have changed my man, with less that 1% of all systems complete SC will need plenty of petabytes.
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Oct 11, 2019 07:58
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Since there's no actual game in SC yet what the gently caress is even taking up all that storage space? Is everything just completely uncompressed and duplicated a thousand times?
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Oct 11, 2019 08:15
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it'll be like Deus Ex and savegames will be duplicates of the map files with the objects moved. i'm serious about that btw, DX did that. the savegames are huge.
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Oct 11, 2019 08:27
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Hands down the best
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Oct 11, 2019 08:33
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Uh is it typical for U.K. companies to report exactly zero net profit because admin expenses equals growth? That seems extremely weird.
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Oct 11, 2019 08:58
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Long live the thread, and all its body parts! Star Citizen: It isn't ready, but it will be ready very quickly after we show it
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Oct 11, 2019 09:03
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Midnight Voyager posted:Don't they have like a miniscule handful of planets that you can land on and they're much smaller than actual planets and in cases like the city planet, large portions of them are unable to be explored or even flown low over? 
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Oct 11, 2019 09:19
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TheAgent posted:hello part 2 (from someone waaaaay different) Lol, Crobblers just found out about those Elite leaks (assuming those are also true) and just wants to beat it to planetary player bases. Also, lol at the MS Flight Sim devs because obviously they do not know about earth development. MedicineHut fucked around with this message at 09:33 on Oct 11, 2019 |
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Oct 11, 2019 09:21
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How the hell are you going to stake your claim on Earth? Earth in 2019 is pretty much all claimed. *plants claiming stick in the ground in Alabama, immediately gets shot by future redneck in space pickup*
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Oct 11, 2019 09:22
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Huh so Chris and his family are multi millionaires and probably became so in a "legal" way thanks to the dumbest people on earth handing him cash for loving dreams. That man is a winner.
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Oct 11, 2019 09:22
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lalaland posted:Huh so Chris and his family are multi millionaires and probably became so in a "legal" way thanks to the dumbest people on earth handing him cash for loving dreams. That man is a winner. Never figured it would end any other way once I heard the words "Robert's Family Trust".
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Oct 11, 2019 09:25
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SpaceSDoorGunner posted:Uh is it typical for U.K. companies to report exactly zero net profit because admin expenses equals growth? That seems extremely weird. The UK side of the CIG business only has one client: Its parent company in the US. They should be getting at the least exactly what they claim to spend in order to avoid any whale panic.
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Oct 11, 2019 09:30
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SpaceSDoorGunner posted:Uh is it typical for U.K. companies to report exactly zero net profit because admin expenses equals growth? That seems extremely weird. What do you think accountants get paid for? Or money managers?
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Oct 11, 2019 09:50
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SpaceSDoorGunner posted:Uh is it typical for U.K. companies to report exactly zero net profit because admin expenses equals growth? That seems extremely weird. Hollywood accounting possibly. They key is to never show a profit to the taxman.
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Oct 11, 2019 09:50
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Chris made 30 million dollars selling spaceship jpgs, the american dream is still alive! We can probably get that number to 40 or 50, keep pledging citizens. The UK accounting thing is perfectly normal. For example Starbux have never had a single day of profit in the UK.
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Oct 11, 2019 09:50
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Starting to work through the accounts and seeing the most basic mistakes all over the place that are sometimes awkward to decypher so I decided to go with something easy that shouldn't need explanation. Employee numbers and salaries. I learned something about addition development. See if you can spot the copy/paste seam in these accounts. I've put a big red circle around it to save time. While I was tempted to say £5.9m for every year, the data is: 2018 - 338 employees, total £16.9m, 50k average including employer NIC 2017 - 318 employees, total £14m, 44k average including employer NIC 2016 - 221 employees, total £9.9m, 44.8k average including employer NIC
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Oct 11, 2019 10:12
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Well, you just determine what your pension costs for the year should be and adjust everything from there. Want to hire Lumberyard developer. Pension share = 0.791235. Simple.
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Oct 11, 2019 10:19
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lalaland posted:Huh so Chris and his family are multi millionaires and probably became so in a "legal" way thanks to the dumbest people on earth handing him cash for loving dreams. That man is a winner. This is totally fine. When you back a crowdfunded game you run the risk of losing all your money. I backed because of CRs dream and I have gotten thousands of hours of entertainment. You're just mad I got to give free money to a company who did nothing for 8 years. His salary of 30 million over 8 years is comparable to <CEOfromactualcompany> Frothing at the mouth - Someone on reddit probably.
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Oct 11, 2019 10:33
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 This is the cash flow statement of the UK group. To explain the numbers, this is what it means nearly line by line: 1. At the end of 2017 they had cash and cash equivalents of some £4m in the UK group. 2. During 2018 through the normal course of trading, the UK group spent £3.7m more in cash than it received. 3. During 2018 they received £16.5m in cash from outside investment (The Calder money). 4. During 2018 they repaid the outstanding bank loans of £1.5m. 5. Using the above, at the end of 2018 they had £4m - £3.7m + £16.5m - £1.5m = £15.3m cash remaining. 6. £15.3m - £4m means that cash reserves increased by £11.3m during the year So basically, at the end of 2018 they were already tucking into the outside investment by some £5.2m, or roughly a third was already gone. Obviously there is more to it but this info is a rough guide.
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Oct 11, 2019 10:48
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Inacio posted:i mean, multi-planet ~galaxies~ or whatever down to planet scale down to fps scale eg being able to pick up poo poo in first person is pretty neat tech, it's just a shame that it's in a trash Unless I'm mistaken, No Man's Sky already does this and actually works? I suspect their planetary bodies are even smaller than the ones in Star Citizen but they have actual stuff to do on a lot of them, at least. TheAgent posted:hello  TheAgent posted:hello part 2 (from someone waaaaay different) 
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Oct 11, 2019 11:24
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shrach posted:
Interesting - given this quote:2018 - 338 employees, total £16.9m, 50k average including employer NIC is the absolute minimum they need to raise annually to keep the lights on (not accounting for new hires/departures and given this was last year's data)... if the run rate stays the same, how soon before they run out of cash? On a side note, if there are errors in a Companies House filing, who bears ultimate responsibility - the auditors/accountants who prepared the books, or the director(s) who signed off on them when they're clearly wrong?
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Oct 11, 2019 11:27
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TheAgent posted:also I can bundle that with my crippling pornography and sex addiction so it's a win win win win win Are you ok, commando? 
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Oct 11, 2019 11:28
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TheAgent posted:hello chris / sandi if you want to spend some of your wonga on internal security then shoot a PM my way
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Oct 11, 2019 11:51
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Jonny Shiloh posted:Interesting - given this The problem with knowing how long they have in cash is that we will never really know the position in the US. Taking the 2017 figures that were blogged at face value, they should be fine through 2020. Additionally, they have used the Calder money to pay off the loans in the UK so they probably are debt free in the US, so they could go back to that well again. I don't really want to estimate how much they had been "spending" on their video "content" and promotion/marketing in the US. It's the directors that are responsible for the accounts. That's really the main role of a company director. eg: Have an easily identifiable human that is personally responsible for administration of a company.
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Oct 11, 2019 12:04
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shrach posted:The problem with knowing how long they have in cash is that we will never really know the position in the US. Taking the 2017 figures that were blogged at face value, they should be fine through 2020. Additionally, they have used the Calder money to pay off the loans in the UK so they probably are debt free in the US, so they could go back to that well again. I don't really want to estimate how much they had been "spending" on their video "content" and promotion/marketing in the US. Thanks friend, I had assumed that there would some form of "official" oversight in the US as well, but i take it from what you're saying that CIG US is free to self-report without any need for audit? Or is auditing done behind closed doors solely for the benefit of, say, shareholders or super special backers like the Calders? shrach posted:It's the directors that are responsible for the accounts. That's really the main role of a company director. eg: Have an easily identifiable human that is personally responsible for administration of a company. So is there any sanction if the accounts are wrong when filed with Companies House?
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Oct 11, 2019 12:15
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SRQ posted:it'll be like Deus Ex and savegames will be duplicates of the map files with the objects moved. Are you talking about the original Deus Ex?
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Oct 11, 2019 12:20
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Jonny Shiloh posted:Thanks friend, I had assumed that there would some form of "official" oversight in the US as well, but i take it from what you're saying that CIG US is free to self-report without any need for audit? Or is auditing done behind closed doors solely for the benefit of, say, shareholders or super special backers like the Calders? Jonny Shiloh posted:So is there any sanction if the accounts are wrong when filed with Companies House? It's much more common for there to be issues when not filing accounts. The directors can be held criminally liable for failure to file accounts and there are company fines for late filing. Companies House will reject accounts that do not have proper formatting but that usually doesn't extend much beyond them spotting the wrong name or company number on them.
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Oct 11, 2019 12:36
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  holy poo poo dudes i stand corrected this is truly the most accurate representation of Earth in a video game ever. truly incredible bravo roberts e: these are leaked please dont tell sandi i got them marumaru fucked around with this message at 13:10 on Oct 11, 2019 |
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Oct 11, 2019 13:07
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