skeletors_condom posted:

So are all companies in the UK (including private limited) beyond a certain size required to file reports?

I never understood why CIG UK even had to file reports if they are a private company.

shrach posted:

Accounting profit is different to cash flow, it should reflect a true trading position accounting for timing differences.

However, in this case we have no idea if the dollar amounts that are transferred to the UK are a true reflection of the share of global ship sales/subscriptions or not. So since revenue is really just a reflection of how much money was transferred to the UK in order to pay bills as they become due, you cannot really say much about the UK trading position or profits as a whole.

Accounting ahead:
What happens is something like this. You're in the UK and you spend £20m out of your bank to run a business. You get your funds from the USA of dollars transferred and converted to £20m and that's it. Then 10 months after the year end your accountant goes through and prepares the accounts. Say you spent £1m on fixed assets, well that comes out of the profit and loss account and is replaced with a depreciation charge. Now your company has made a profit of £800k. Next your accountant says since you spent £20m of qualifying expenditure, you can get a tax credit of £4m. Now your company made a profit of £4.8m. And so on. So now your accounts will show, you made a profit of £4.8m and you have nothing in the bank, but you do have these assets on your balance sheet worth £4.8m that match your profits. While I have used rounded figures, this is literally what happened at CIG and lead to them restating earlier figures.

Because the amounts transferred from the US to the UK are just a balancing figure to pay bills as they become due, the difference between accounting income and accounting expenditure does not mean much when taken in isolation.

skeletors_condom posted:

So are all companies in the UK (including private limited) beyond a certain size required to file reports?

I never understood why CIG UK even had to file reports if they are a private company.

shrach posted:

All UK companies have to file some things. The smallest private companies just have to file abridged/abbreviated accounts. These are just a simple balance sheet with a few notes, so you can look those up for any UK company. Once you exceed 2 out of 3 thresholds based on employee numbers, annual turnover, total asset value you have to have your accounts independently audited and have to be filed in full. Some companies will file more than the statutory minimum requirement for various reasons. CIG accounts tend to miss certain items I believe should be included but eh.

Additionally all companies have to keep up to date filings for your statutory records eg, shareholders, directors etc.

Inacio posted:

made the mistake of trying out star citizen to see how far along it was (not very) and after being frustrated with how long it takes going from one place to the other (like 40 minutes unless you're a Big Bucks Spender with a big, fast ship) i had the even worse idea to share my frustrations in chat. people got really pissed off.
this sucks it's really not fun but apparently it's not meant to be "fun"?

Thom12255 posted:

I think Freelancer had a good scale for traveling around - I think it'd usually take an hour to get from one side of the galaxy to the other which felt like you'd gone a long long way but you'd also actually gone past a lot of stuff instead of SC's deep space of nothing. SC's travel is absurd.

posted:

https://forums.somethingawful.com/showthread.php?threadid=3800238&userid=0&perpage=40&pagenumber=3804

no. this group needs to go.

mods dont care.

there are literally hundreds upon hundreds of pages from the starcitizen_refunds group proving hate and harassment.

hundreds upon hundreds proving moderation is at gross negligence.

65XX pages and counting and more on other form pages. proving this is a problem.

shrach posted:

All UK companies have to file some things. The smallest private companies just have to file abridged/abbreviated accounts. These are just a simple balance sheet with a few notes, so you can look those up for any UK company. Once you exceed 2 out of 3 thresholds based on employee numbers, annual turnover, total asset value you have to have your accounts independently audited and have to be filed in full. Some companies will file more than the statutory minimum requirement for various reasons. CIG accounts tend to miss certain items I believe should be included but eh.

Additionally all companies have to keep up to date filings for your statutory records eg, shareholders, directors etc.

Inacio posted:

it's even aggravated by their design decisions - bigger ships (where you can, you know, at least get up and do something with other people to reduce some of the boredom) go faster. why? what the gently caress is the point? is it just to appease the whales who spent more money?
it serves absolutely no point in the game. it's just a loading screen - except it's not even loading anything.
i'm honestly just shocked right now. those guys in chat were actually loving defending this. how? for what purpose? is it just an advanced form of stockholm syndrome?

i wasn't even hating the game so much until now (despite other things such as being unable to do most missions because i have The Wrong Ship - should've spent a few thousands on the game, loser!)

e: Your inconvenience is my immersion

Dementropy posted:

monkeytek posted:

Here is the big mind blower for commandos everywhere. What state would CIG be in right now if they did not receive the influx of cash from the Calders.

TheDeadlyShoe posted:

There's an argument to be made. Fast travel does have an impact on how big a gamespace feels. Time-distance adds significance to geography, to placement of assets, and so on and so forth.

But CiG's approach is just insane. The majority of SC community is apparently all in on big ones go faster for no god drat reason other than maybe it makes their dicks hard for their big ships to be better than everyone else. The times to get to anything useful and therefore accomplish anything in game are totally bonkers. You can't even go make some tea while in quantum space because of interdictions and random equipment failures.

The notion that small ships should just be sticking to one planet for their game-space is asinine in a game that wasn't even going to have planets as anything but a single landing zone. Flying in Quantum doesn't even look fun. It coulda been though.... *waves at Infinity Battlespace*

Tsed posted:

For all the mess that this is, it sounds pretty similar to avoiding a drag/stop bubble in EVE.

zebedy posted:

of the near endless possible futures of humanity, chrisberts chooses the one featuring the Citadel from HL2, operated by Bear Stearns. all thats missing are some PBR anti-homeless bench bars.

https://www.youtube.com/watch?v=JqXBO72WQ2c&t=1293s

shrach posted:

Accounting profit is different to cash flow, it should reflect a true trading position accounting for timing differences.

However, in this case we have no idea if the dollar amounts that are transferred to the UK are a true reflection of the share of global ship sales/subscriptions or not. So since revenue is really just a reflection of how much money was transferred to the UK in order to pay bills as they become due, you cannot really say much about the UK trading position or profits as a whole.

Accounting ahead:
What happens is something like this. You're in the UK and you spend £20m out of your bank to run a business. You get your funds from the USA of dollars transferred and converted to £20m and that's it. Then 10 months after the year end your accountant goes through and prepares the accounts. Say you spent £1m on fixed assets, well that comes out of the profit and loss account and is replaced with a depreciation charge. Now your company has made a profit of £800k. Next your accountant says since you spent £20m of qualifying expenditure, you can get a tax credit of £4m. Now your company made a profit of £4.8m. And so on. So now your accounts will show, you made a profit of £4.8m and you have nothing in the bank, but you do have these assets on your balance sheet worth £4.8m that match your profits. While I have used rounded figures, this is literally what happened at CIG and lead to them restating earlier figures.

Because the amounts transferred from the US to the UK are just a balancing figure to pay bills as they become due, the difference between accounting income and accounting expenditure does not mean much when taken in isolation.

zebedy posted:

the corporate entities (HURRston dynamics, Repetitive Strain Injury etc.) become characters in-and-of themselves, and are omni-present around the 'verse (universe). the overarching corporate power structure is 100% taken for granted by the player and the whole setting seems to embrace and promote it. its a universe without culture, with entire planets carpeted in 40 story used car dealerships and fascist iconography.

the most terrifying part is that this apparently represents utopia for large amounts of pudgy middle-aged men

Lampsacus posted:

Honestly why don't these guys just play Freelancer. There are some good mods now. And the vanilla game is fun! You fly around trading goods between planets and star bases. There are raiders, faction fights and randomly generated mission contracts. It's pretty endless. Although its mostly played on the same orientation plane the combat still feels dynamic and flows freely. Why don't they just play Freelancer?! There is also Chris Robert's Starlancer: https://www.youtube.com/watch?v=aIKIhYK5yMk&t=181s which looks fun too.

Lampsacus posted:

Honestly why don't these guys just play Freelancer. There are some good mods now. And the vanilla game is fun! You fly around trading goods between planets and star bases. There are raiders, faction fights and randomly generated mission contracts. It's pretty endless. Although its mostly played on the same orientation plane the combat still feels dynamic and flows freely. Why don't they just play Freelancer?! There is also Chris Robert's Starlancer: https://www.youtube.com/watch?v=aIKIhYK5yMk&t=181s which looks fun too.

TheDeadlyShoe posted:

There's an argument to be made. Fast travel does have an impact on how big a gamespace feels. Time-distance adds significance to geography, to placement of assets, and so on and so forth.

But CiG's approach is just insane. The majority of SC community is apparently all in on big ones go faster for no god drat reason other than maybe it makes their dicks hard for their big ships to be better than everyone else. The times to get to anything useful and therefore accomplish anything in game are totally bonkers. You can't even go make some tea while in quantum space because of interdictions and random equipment failures.

The notion that small ships should just be sticking to one planet for their game-space is asinine in a game that wasn't even going to have planets as anything but a single landing zone. Flying in Quantum doesn't even look fun. It coulda been though.... *waves at Infinity Battlespace*

iospace posted:

We don't have intersystem travel yet (I think), so QT is the only one here. It functions very similar to Eve's warp, but you can only warp to major landmarks, and once there, or close enough, a minor landmark.

iospace posted:

Oh and bigger, more expensive ships are somehow faster.

G0RF posted:

TheEradictor and a guest who watched the first 10 minutes of the latest Sunk Cost Galaxy offer their informed rebuttal.

...aaaaand it’s a a 22 minute, full throated defense of nepotism. The host doesn’t seem to realize that the reason Chris and Sandi’s origin story is included is to demonstrate how ridden with contradictions and lies it is. Which begs questions about their credibility as leaders of “the most open and transparent company in gaming.”

It’s too bad they ignored the latter 50 minutes. It would’ve been interesting to hear whether TheEradicator was troubled even once by later points made.

quote:

Let's imagine you are Chris, in the mid 2000's for awhile. You're a little bit... I'm not trying to attack Chris or whatever, I'm just giving... trying to give facts here. Imagine you are Chris in the mid 2000's. You're a little bit chubby, you're not very attractive, you're quite awkward: That's Chris, you know! And there's this attractive young lady who would do anything to make it including getting in your bed WHAT WOULD YOU DO OF COURSE... you would take that chance, that's how we guys are. Especially if your career is declining and things are not doing so well, as we comprehensively explained in a series. Chris must have thought this was a godsend gift. And as far as Sandi... as she goes she must have thought that he could have helped her in her career, and bring her some financial stability, and the means to found a family. Because you know this is a um... this is a given guy. This is what women want by instinct, men want attractive mates for...

Bootcha posted:

I'm watching this now. Live reactions.

So aside from the "I didn't watch more than 10 minutes" guest, this little bit here, lit my eyebrows on fire...

https://www.youtube.com/watch?v=IrMoQFX4xRw&t=500s




Like, way to justify one of the scummiest practices in Hollywood.

zebedy posted:

the corporate entities (HURRston dynamics, Repetitive Strain Injury etc.) become characters in-and-of themselves, and are omni-present around the 'verse (universe). the overarching corporate power structure is 100% taken for granted by the player and the whole setting seems to embrace and promote it. its a universe without culture, with entire planets carpeted in 40 story used car dealerships and fascist iconography.

the most terrifying part is that this apparently represents utopia for large amounts of pudgy middle-aged men

Mirificus posted:

Mirificus posted:

Bootcha posted:

I'm watching this now. Live reactions.

So aside from the "I didn't watch more than 10 minutes" guest, this little bit here, lit my eyebrows on fire...

https://www.youtube.com/watch?v=IrMoQFX4xRw&t=500s




Like, way to justify one of the scummiest practices in Hollywood.

Bootcha posted:

I'm watching this now. Live reactions.

So aside from the "I didn't watch more than 10 minutes" guest, this little bit here, lit my eyebrows on fire...

https://www.youtube.com/watch?v=IrMoQFX4xRw&t=500s



Like, way to justify one of the scummiest practices in Hollywood.

skeletors_condom posted:

That's some loving insane poo poo.

shrach posted:

Accounting profit is different to cash flow, it should reflect a true trading position accounting for timing differences.

However, in this case we have no idea if the dollar amounts that are transferred to the UK are a true reflection of the share of global ship sales/subscriptions or not. So since revenue is really just a reflection of how much money was transferred to the UK in order to pay bills as they become due, you cannot really say much about the UK trading position or profits as a whole.

Accounting ahead:
What happens is something like this. You're in the UK and you spend £20m out of your bank to run a business. You get your funds from the USA of dollars transferred and converted to £20m and that's it. Then 10 months after the year end your accountant goes through and prepares the accounts. Say you spent £1m on fixed assets, well that comes out of the profit and loss account and is replaced with a depreciation charge. Now your company has made a profit of £800k. Next your accountant says since you spent £20m of qualifying expenditure, you can get a tax credit of £4m. Now your company made a profit of £4.8m. And so on. So now your accounts will show, you made a profit of £4.8m and you have nothing in the bank, but you do have these assets on your balance sheet worth £4.8m that match your profits. While I have used rounded figures, this is literally what happened at CIG and lead to them restating earlier figures.

Because the amounts transferred from the US to the UK are just a balancing figure to pay bills as they become due, the difference between accounting income and accounting expenditure does not mean much when taken in isolation.

Inacio posted:

it's even aggravated by their design decisions - bigger ships (where you can, you know, at least get up and do something with other people to reduce some of the boredom) go faster. why? what the gently caress is the point?

Zazz Razzamatazz posted:

It doesn't even have to happen that quick... Pretty soon you'll realise that mustang or aurora is complete poo poo, and you'll think "well hey, an avenger is just a little more..." and by the time you realise the avenger is poo poo as well you're already thinking "well it's just a bit more to upgrade to a cutlass..." and pretty soon you've spent a ridiculous amount of money on a buggy crytek mod and you're white-knighting on Reddit trying desperately to justify what you've done.

zebedy posted:

the corporate entities (HURRston dynamics, Repetitive Strain Injury etc.) become characters in-and-of themselves, and are omni-present around the 'verse (universe). the overarching corporate power structure is 100% taken for granted by the player and the whole setting seems to embrace and promote it. its a universe without culture, with entire planets carpeted in 40 story used car dealerships and fascist iconography.

the most terrifying part is that this apparently represents utopia for large amounts of pudgy middle-aged men

Agony Aunt posted:

Thanks.

You could have just called me a dumb gently caress and told me i wasn't going to understand it and saved us both time

Bumble He posted:

i think that this complete clusterfuck off lore/vision/fiction and reality is exactly what the cultists crave. there are definetly different types of “gamers“ out there. i love “run and gun“ games, pure simple fun. i give a rat's rear end about story, levelling up my character or collecting trophies/loot/etc. but that's what most gamers really enjoy.