The Star Citizen Thread v 3.0

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beelbeebub

beelbeebub
Monk said:
Serious question...why does the UK require this?

In my mind, if I'm running a privately held company, I'm only responsible to my private investors, my employees and my, by a limited amount, customers.
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You only have to file if you are a "limited" company. "limited" (shortened to Ltd.) means the debts of the company can only be held against the assets of the company and not the directors/owners/share holders.
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So if a ltd company went bankrupt owing £1million with only £500k in assets, the creditors could not pursue the owners etc fir the remaining £500k, even though they may have the assets personally.
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To gain ltd protection companies have to file public accounts so anybody doing business with them can check their financial status.
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CIG's lack of filing speaks more about sloppy unprofessional management than outright fraud, but do ypi want sloppy unprofessional management of a $90million budget?...
 
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ErZ

E
ZeeWolf said:
As we were discussing earlier in this thread. The online system certainly shows "overdue" automatically even though the submission deadline hasn't passed. I've seen my company show "Overdue" last year even though my accountant filed everything on time.
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Thanks for pointing that out, I looked and thought it was funny that the due dates are in the future but the account was tagged overdue.
 
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Bruce Warren

B
Edited

I was going too much by the first link. The first one is seriously late, the others not so much. You do have to file every year though, so what I said about the deadline for this year not having passed is still true.

Edit2:

If you mean the dates on the right of the page being in the future, I've been trying my Google Fu. It seems you have to provide two sets of documents a year, not just the one.

Annual Accounts are not the same as Annual Return. I found that out from here

If this is correct the Annual Accounts are late, but the Annual Returns are not. Hence the two sets of dates. What's interesting about this is that the first set of documents is supposed to contain financial data, but the second doesn't.

Edit4: I may have goofed again. Edit 3 was gibberish.:eek: removed
 
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tooterfish

T
ErZ said:
Thanks for pointing that out, I looked and thought it was funny that the due dates are in the future but the account was tagged overdue.
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You're looking at the wrong dates.

The accounts were due to be filed on 24th June 2015, 13th September 2015 and 30th September 2015 respectively.
 

milligna

milligna
That whole sale comes at such a bad time, it sums up everything wrong with this project right now. How stressful things must be at the CIG studios right now, the faithful expect a rabbit pulled out of a hat at this convention. At least a veal cutlet pulled out of a hat.
 
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Yaffle

Volunteer Moderator
Yaffle
Monk said:
Serious question...why does the UK require this?

In my mind, if I'm running a privately held company, I'm only responsible to my private investors, my employees and my, by a limited amount, customers.
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Sorry, off and away for a few hours.

With a veil of incorporation you have to give information to your shareholders, and to enforce this all incorporated bodies have to file accounts regardless of the management being the only shareholders or not. The one rule is simple to enforce, so it stays. It also allows (but this isn't the reason) those with whom you deal to see if you are a 'good risk' or not.

You could view it as a quid-pro-quo, you gain the protection of the corporate entity, so you are no longer personally liable for a business' debts, but lose the secrecy of being a sole trader/partnership.
 

Asp Explorer

Asp Explorer
A 20k coffee maker? Really? Can we get them in our ships? :D and maybe peruse the Social Module for some millennial arts graduate to man the cappuccino machine in multiplayer. Barista Commander anyone? :D
 

milligna

milligna
Asp Explorer said:
A 20k coffee maker? Really? Can we get them in our ships? :D and maybe peruse the Social Module for some millennial arts graduate to man the cappuccino machine in multiplayer. Barista Commander anyone? :D
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Ben Lesnick is probably taking a picture of himself next to a Mr. Coffee at this very second to semi-not-really-debunk these claims.
 
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Marcus

Marcus
milligna said:
Ben Lesnick is probably taking a picture of himself next to a Mr. Coffee at this very second to semi-not-really-debunk these claims.
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Wow. Just read Derek Smarts blog... he doesnt pull his punches does he?

There's a lot of serious claims in these things, surely the easiest way for CIG to prove them false would be to sue him and then he would have to prove everything he's saying in a court of law?

20k for a coffee machine!?!?!? And I thought the two in my work that cost £3,500 each were expensive! ;)
 
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Asp Explorer

Asp Explorer
I do wonder what other little extravagances were purchased with backers cash. That $20k would have paid for a play tester for a year. His/her feedback would have been incredibly more valuable than a cappuccino machine.

Actually - I think you'd need significantly more than 20k to play Arena Commander for 40 hours a week :(
 
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Neo-ST

Neo-ST
Excuse me, but where does this 20K coffe maker story come from ?


Viajero said:
For context: http://www.dereksmart.org/2015/10/star-citizen-the-endgame/
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Hmm...

Here is what backers of this game don’t know. CitCon is going to be more smoke and mirrors. Just like GameCon and every event before it. They have nothing tangible to show. If they did, all the stuff they have recently shown, would be in backers hands by now and in decent form. In fact, you heard it here first:

  1. They are going to parade all the A-List actors – all of whom cost a ton of money – for SQ42. This despite the fact that that stand-alone game is reported to be almost fifteen months away.
  2. They are going to show the opening cut-scene sequence for SQ42 with Gary Oldman giving his speech, someone flying and landing, NPCs waving etc.
  3. They are going to show Star Marine. Again. It’s still a mess – and nowhere ready for production release. Reports tell me that if it gets released before year end, it would be a miracle.
  4. They are going to show multi-crew. Again. Problem now is that, as of the last report I got, it doesn’t run smoothly at all. And so they are now running the demo on super computers with 16 cores, loads of memory etc. Again, not production release ready.
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Let's see if it unfolds as he predicted (or maybe he has insider info)...


Also, an interesting bit if someone's going for a refund:

0xFFFFFF: you’re welcome. you can ask for a refund and see how it goes. If they reject it, just email us at wethebackers@outlook.com with proof of purchase, your details etc. The are doing refunds. This is a recent one.
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Source: comments of the above mentioned article.
 
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Voivod

Voivod
Hmm interesting to see if what DS said they'll show at CtiCon actually comes out true.

Also I don't really give a kitten about A-list actors in computer games... I'm interested in work done on Star Marine and the PU.
 
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Toumal

Toumal
Sooo... this is going to be interesting. We'll be able to see whether his claims are right on October 10th at citizencon. He is leaning out of the window very far, and it'll be easily apparent whether or not CIG has more to show on October 10th.

Interesting times.
 

Asp Explorer

Asp Explorer
Indeed. If this is all CR is able to show, things don't look too good. However, he's got a few days to come up with some new bits we haven't seen yet, make sure they are fit for public consumption and the testers know what they are supposed to do- it won't be all bad.

After all - there is $90 million of rich content to choose the best bits from.
 
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