Where is the paid 'content' LEP holder get for 'free'

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Deferring Revenue is a perfectly legitimate accounting tool, and sometimes is a legal requirement that you defer revenue (e.g. Buying 3 years warrentee on a new TV would be deferred over the 3 years), but for unspecified periods like LEP, you would have difficulty justifying it over more than 5 years. Its just an arbitrary number, but UK tax doesn't really like more than 5, it smells like you are trying to hide your profits too much.
That money isnt particularly ring fenched in a privately owned company, but share holders DO use the financial reports to make judgments, so in FDs case, they would not be wise to just throw the money into another project and declare ED unprofitable/dead (not that they would).

Lots of TV lawyers around here it seems - "Caveat Emptor" - Dont make me laugh, you have no clue. Thats for when people make no reasonable attempt to find out what they are buying. Boston Legal is not real life.

Can't speak for anyone else- but I don't watch TV.

But please, by all means continue your assumption and judgement rant. ;)

"Caveat Emptor" is perfectly reasonable to apply to any purchase. If you personally wish to rely on "faith" then do so.
 
The words expected and considered negate that I'm afraid.

No they really don't. They can't state exactly how long it will be developed with 100% certainty because they are telling you how long they intend on continuing development. That doesn't mean that the number could be whatever you want it to be. It simply means that that unless they state otherwise that is when we can expect Elite development to end.

Sorry, but I really can't see how you can consider this to be a stone cold statement of fact that the game will end on that date.

I never said that it was a "stone cold statement" of when game development will end. I stated that in the absence of any new information it should be taken at face value because it is the absolute best and most accurate information you will ever hear from FD on the topic.

It really surprises me here that you're suggesting that we can't take information that FD states in their Annual Reports at face value. Is the information somehow not reliable for some reason? That sort of suggestion is extremely puzzling. You stated that you "trust" FD in a prior post, yet you don't trust them enough to accept the clearly stated information in their Annual Reports.
 
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Look I don't want to sound rude. but do you know what the word "expect" means?

no, he's right. if that was the expected lifespan then it follows that the lep was intended to be redeemed in that timeframe.

still not getting what point he's trying to make though since of course this can change, and frontier can also release any arbitrary bunch of junk dlc when they please to nominally cover the 'promised value' and settle the whole thing. they could close this tomorrow or drag it on for decades.
 
I'm sorry, but you really seem to be digging your heels in here.

That is because FD has literally told us how long they plan on developing Elite. In their Annual Report. What more could they possibly tell you on the subject for you to accept that they fully plan and intend for Elite development to continue until the end of 2021?
 
Except that Horizons was actually sold for $45 USD in 2015, not $60 USD because of the automatic "discount" applied for anyone who owns the base game. FD can't get around the issue of needing to deliver adequate LEP value simply by pricing the next expansion at $135 simply to claim that LEP owners got proper "value". No one would trust FD if they tried something that utterly dishonest.
Horizons was sold for $45, and Horizons w/Beta was sold for $60 (as I reminded you a few pages back). With Horizons being the first paid for expansion, another arriving this year, then two or three more expansions over the next few years... happy days and sounds great value for £120/$180 to me :)

And I got my LTXP for £93 instead of £120 too, cheers FDev and your poor GBP/RUB exchange rate tracking ;)
 
Yes, but again it is a figure that is not set in stone. It was accurate as they could get at that precise time, but as has been stated multiple times to you which you cannot seem to get into your head, that plans can change depending on circumstances.

Yes that statement doesn't mean much at the moment. It is a year old for a start and circumstance can change over the next 3 years to change that prediction. So yes, I will asertain that, that statement does not mean much in the grand scheme of things.

Sorry but you are wrong. It is extremely important information. It means that FD does not intend to be developing Elite after the end of 2021. That is a very important statement from FD regarding their development plans for the game.
 
That is because FD has literally told us how long they plan on developing Elite. In their Annual Report. What more could they possibly tell you on the subject for you to accept that they fully plan and intend for Elite development to continue until the end of 2021?
Them to state differently in any of the Annual Reports leading up to the end of 2021, which is 3.5yr away...

I dunno, something like "following Elite's best years yet, we have extended the expected life of the Elite franchise to 202x" would be appropriate, would you agree?
 
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Lying in a company annual report can be grounds for a lawsuit, so what is stated there is not "essentially meaningless."

FD has specifically laid out plans for the deferred income of LEPs through the end of 2021.

This should mean they plan to release enough paid content by then to fulfill their obligations to LEP holders. Assuming this happens, we could call that our "break even point."

If FD finds it financially viable to continue development of ED past 2021, and continues to release paid content for it, that would be the point at which the LEP would appear to have been a smart purchase.

I'm not making demands or throwing a hissy fit, but stand firm in my contention that FD could handle this situation better than it is. A little more communication would go a long way toward alleviating fears that LEP purchasers had fallen for the "haha, your $180 doesn't entitle you to anything" ​scenario that some people here are promoting.
 
Them to state differently in any of the Annual Reports leading up to the end of 2021, which is 3.5yr away...

Unless this happens, why would you not expect Elite development to end by Nov. 2021, which is exactly what they have told you is when they plan to stop developing the game?
 
Sorry but you are wrong. It is extremely important information. It means that FD does not intend to be developing Elite after the end of 2021. That is a very important statement from FD regarding their development plans for the game.

I'd have to disagree here. I'm sorry but basing a forecast on a company's statement of expectation is quite foolish. It's pure speculation.

It's important in that the statement implies their intention is to continue development, sure- but in reality they simply have no idea how long they'll be able to do so.
 
Unless this happens, why would you not expect Elite development to end by Nov. 2021, which is exactly what they have told you is when they plan to stop developing the game?
You appear to be asking me for my opinion from 3.5 years into the future. What an odd discussion topic.
 
I'd have to disagree here. I'm sorry but basing a forecast on a company's statement of expectation is quite foolish. It's pure speculation.

It's important in that the statement implies their intention is to continue development, sure- but in reality they simply have no idea how long they'll be able to do so.

That's utter nonsense to claim they have "no idea" how long they will continue development. They have given us an extremely specific timeframe for how long they intend to continue development. They can revise this stated goal in the future but unless they do so it should be accepted at face value.
 
Sorry but you are wrong. It is extremely important information. It means that FD does not intend to be developing Elite after the end of 2021. That is a very important statement from FD regarding their development plans for the game.

NO. There is a difference between expect and intend.

Intend: have (a course of action) as one's purpose or intention; plan.

Expect: regard (something) as likely to happen
Likely: such as well might happen
Might: used to express the possibility that something will happen

It is a possibliliy that it will happen. What part of that do you not understand. A possibility is not a figure that is set in stone.

It is the exact reason why they say expected lifespan. So they can change it if they want to. If they said intended lifespan. That would be a completely different thing as they would fully intend to shut the game down at that point and you would be completely correct.

Fact.
 
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no, he's right. if that was the expected lifespan then it follows that the lep was intended to be redeemed in that timeframe.

I wasn't debating that idea. It was more to do with the definitive end date for ED that Devari appears to think the annual report is saying, completely disregarding the words "Expected lifespan" as some kind of fact that ED will end in 2021.
 
You appear to be asking me for my opinion from 3.5 years into the future. What an odd discussion topic.

You and others have claimed that we somehow can't trust the information that FD has provided in their Annual Report. I am asking you why you would dispute this stated information.
 
I'd have to disagree here. I'm sorry but basing a forecast on a company's statement of expectation is quite foolish. It's pure speculation.

It's important in that the statement implies their intention is to continue development, sure- but in reality they simply have no idea how long they'll be able to do so.

And without development, there are no paid extensions. Without paid extensions, no revenue and without revenue, no company.

So again - not bringing out content "free for LEP holders" is bad for everyone involved. I honestly don't understand why people are defending this time and again.
 

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No they really don't. They can't state exactly how long it will be developed with 100% certainty because they are telling you how long they intend on continuing development. That doesn't mean that the number could be whatever you want it to be. It simply means that that unless they state otherwise that is when we can expect Elite development to end.



I never said that it was a "stone cold statement" of when game development will end. I stated that in the absence of any new information it should be taken at face value because it is the absolute best and most accurate information you will ever hear from FD on the topic.

It really surprises me here that you're suggesting that we can't take information that FD states in their Annual Reports at face value. Is the information somehow not reliable for some reason? That sort of suggestion is extremely puzzling. You stated that you "trust" FD in a prior post, yet you don't trust them enough to accept the clearly stated information in their Annual Reports.

To be honest I do trust FD to make the right decision on when Development will possibly cease on ED.

But for me intend and expect is two different things altogether.

What they do clearly state is "At 31 May 2017 the expected remaining life of the franchise is considered to be four and a half years."

That is FD's conjectured opinion on when the lifespan of the franchise may cease.

Sorry, but as far as I'm concerned that's in no way a definite statement of intent.
 
You and others have claimed that we somehow can't trust the information that FD has provided in their Annual Report. I am asking you why you would dispute this stated information.
As Max Factor has directly informed you above, you appear to not understand what "expected" means.

I have already informed you that FDev can change their market expectations for Elite in their future Annual Reports if they so wish.
 
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