The mayor has been shamoozled with empty promises. I expect better from public servants.The mayor of Manchester isn't going to be happy if it is. He's now on record saying how wonderful it is that CIG is going to create all these new jobs.
The mayor has been shamoozled with empty promises. I expect better from public servants.The mayor of Manchester isn't going to be happy if it is. He's now on record saying how wonderful it is that CIG is going to create all these new jobs.
Frankfurt office is consolidating and expanding on its own, in a new tower under construction.The other question is: do you think CiG are going to close Texas / FFurt down and consolidate?
Then Texas? From what I remember (which was a while ago) didn't they say the UK was the 'doer' of CiG?Frankfurt office is consolidating and expanding on its own, in a new tower under construction.
Sore udders from being milked stupid if the current model is kept.If CIG are currently bringing in $75 million with their gross monetisation of all things Star Citizen, what is it going to look like to bring in $150 million a year?
Then Texas? From what I remember (which was a while ago) didn't they say the UK was the 'doer' of CiG?
The other possibility is that CiG are maybe taking on another loan perhaps.
But its certainly a gutsy move.
If CIG are currently bringing in $75 million with their gross monetisation of all things Star Citizen, what is it going to look like to bring in $150 million a year?
They have other sources of income, like partnerships. Additional possibility is to go a classic pump-and-dump VC route. This one does not require profitability, only growing valuation.If CIG are currently bringing in $75 million with their gross monetisation of all things Star Citizen, what is it going to look like to bring in $150 million a year?
They have other sources of income, like partnerships. Additional possibility is to go a classic pump-and-dump VC route. This one does not require profitability, only growing valuation.
It's a plan for several years. They think they will release a product "soon" ™ (SQ42) and that the revenue of this product will support the growth of the company.There'll be something else involved...maybe some other IP work or something they've been investigating and keeping quiet....or it's a sweat shop to make fake Gucci leopardskin handbags and rip off Nike trainers...always a market for knock-offs in Manchester![]()
They do? How do you know?It's a plan for several years. They think they will release a product "soon" ™ (SQ42) and that the revenue of this product will support the growth of the company.
Stretching reality a bit...but I'll give you that oneIt's a plan for several years. They think they will release a product "soon" ™ (SQ42) and that the revenue of this product will support the growth of the company.
It's a plan for several years. They think they will release a product "soon" ™ (SQ42) and that the revenue of this product will support the growth of the company.
Him coming to Manchester has nothing to do with Sqn 404...he's decorating his new office so he can spend another 3 years coding up some of his amazing cloth tech for more cardboard hospital gowns in SC.If that is the case, then its certainly a gamble. First that they will release SQ42 soon... history is not on their side in relation to this happening (and their own roadmap doesn't make it look likely either). Second that it will be a success, another big gamble.
But hey, Chris is going to the UK to help get SQ42 out the door! I'm sure this will really help move things along quicker! /s
Here's hopingHas CiG become a subsidiary of Turbulent? Maybe its a reverse expansion takeover![]()
Nah, not SQ42.It's a plan for several years. They think they will release a product "soon" ™ (SQ42) and that the revenue of this product will support the growth of the company.
First gamble : SQ42 will be released one day. It's a gamble if CIG have absolutely no clue about it.First that they will release SQ42 soon
Second that it will be a success, another big gamble.
We already know Sqn 42 won't be a massive financial success...95% of all the release copies that will ever be sold have been paid for already. It's continued development is pure technical debt, not an assetFirst gamble : SQ42 will be released one day. It's a gamble if CIG have absolutely no clue about it.
Second gamble is made by a lot of companies, even some really big companies like Tesla, Virgin Galactic...