Erkenntnis comes late but it's better than never. "Understanding" fits but doesn't share the visceral vibe of my native word... And feels more like a marketing tool...
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Erkenntnis comes late but it's better than never. "Understanding" fits but doesn't share the visceral vibe of my native word... And feels more like a marketing tool...
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Quanta is complete nollocks. The other stuff is already enough to tax the networking stuff. FD has tick rates of weeks or days for the BGS and states. and they're not fully dynamic. Eve doesn't have a background sim and is fueled by player driven market, I believe. A company that didn't figure out what game to make for over a decade, who can't come up with a scalable network solution and can't manage to release another new region of their world - how are they supposed to design an economic sim / NPC AI that allows real-time sim of bg tasks without impeding the bandwith? I don't think that stuff is viable real time. You could have offline bg server calculate and inject states periodically while the players play on a static snapshot, without much bandwith and computation bottlenecks. Kinda like ED does it.
Jared did note: "No Sandworms here" and the citcon presentation felt less exciting than the last ones so I'm pretty sure they didn't fake it.Ok. Hope they weren't faking any of those bits then![]()
That's exactly what they're doing.Are you suggesting they could mitigate their existing debt by leveraging more equity against it (as per their current valuation - and yes, that is the correct term)? I mean, how many board seats do you want the real investors to have?
"Epiphany"?Erkenntnis comes late but it's better than never. "Understanding" fits but doesn't share the visceral vibe of my native word.
In a way, I like that as an exit strategy. It's like slowly backing out of a room to leave someone else in charge of the mess.That's exactly what they're doing.
Epiphany is before the fact...Erkenntnis is after it"Epiphany"?
Jared did note: "No Sandworms here" and the citcon presentation felt less exciting than the last ones so I'm pretty sure they didn't fake it.
Everything in Ci¬G's latest strategies point to it. The management and parent company are backing away from the current money making part of the project (the PU) and concentrating on what they will class in a business sense, a different and viable sales product (Sqn 42)... also leveraging their current and projected equity value to secure new premises, new UK government based funding and possible further investment from the private sector via business planning. It's all smoke and mirrors done through projecting future equitable valuations, not profit driven sales.In a way, I like that as an exit strategy. It's like slowly backing out of a room to leave someone else in charge of the mess.
That is precisely one of the shortcoming of CIG´s financial "blog". Debts, in terms of existing loans or other outstanding payments (like potential dues to Calders), are not visible in that "blog" since there is not even a basic balance sheet in it. The fact that CIG is hiding the balance sheet should already tell you something about it though.How much do you estimate the actual company's debt to be in 2021 ?
Corrected that for you.Camural is sad. The roadmap has been < 50% accurate over the last year. Andfeels more likeit is a marketing tool...
Source: https://www.youtube.com/watch?v=BDPn_ocdU4c
I mean if what Chris Roberts and family would be doing there is to sell their own equity to leave the room for new investors, yeah. But if what they would be doing was to issue new equity out of thin air they would be diluting the Calders share value and %, and any related rights. That would be a serious issue for the Calders unless their investment agreement included fixed returns and/or fixed price buy back options irrespective of the share number and price.In a way, I like that as an exit strategy. It's like slowly backing out of a room to leave someone else in charge of the mess.
Holy Moley! Have you been secretly accounting, you rascal?That's exactly what they're doing.
Yeah, I was like "whoa, Mole has been bored by our accounting conversations in the past because we are amateurs next to him".Holy Moley! Have you been secretly accounting, you rascal?
I ran quite a successful farm for a time...starting from absolutely nothing but a derelict farmhouse and a few perceived land valuations and securing subsidies and government funding along the way to help it grow...not for personal gain of course since I remain as poor as a church mouse with nothing to my name...but a formerly derelict family farm owned for generations by my mother's side of the family is now a decent earner for my kids and their offspringHoly Moley! Have you been secretly accounting, you rascal?
Good point - I agree.May I add this. The UK company has claimed video games tax relief against SQ42, you need to complete the game and get the final certification otherwise the relief can be cancelled, given the length of time Sq42 has been in development that could be a sizable sum. You could bump the company of course, but directors would be in the line of fire. I think this might be at the heart of the push on Sq42, it's currently a loose end. The main game is okay, its released and backers have been given something so no liabilities there, but SQ42 must be finished before the ship sales dry up. Given the release notes Mole posted there is little to suggest anything more than a token number of DEV's are working on the SC side other than the ship creation team which is needed for SQ42 anyway. . .Everything in Ci¬G's latest strategies point to it. The management and parent company are backing away from the current money making part of the project (the PU) and concentrating on what they will class in a business sense, a different and viable sales product (Sqn 42)... also leveraging their current and projected equity value to secure new premises, new UK government based funding and possible further investment from the private sector via business planning. It's all smoke and mirrors done through projecting future equitable valuations, not profit driven sales.
Securing loans and/or investment to continue or further a company or business model...Governments and rich people don't care what a company produces (or not in Ci¬G's case) they only see the numbers. Ci¬G are living off of and selling off equity piece by piece so by the time the dust settles, nobody will know who's in charge of what...The idiot Roberts and Co will have left the building surfing high on their personal fortunes.
Don't forget Turbulent...they're not an independent development studio in their own right... yet, nor may they decide to continue to work on Ci¬G's cast offs when they are, but for the moment, they still remain taking up the slack through producing and developing PU related content ...as well as some core tech... left by Ci¬G in their push to bring Sqn 42 to some conclusion.Good point - I agree.May I add this. The UK company has claimed video games tax relief against SQ42, you need to complete the game and get the final certification otherwise the relief can be cancelled, given the length of time Sq42 has been in development that could be a sizable sum. You could bump the company of course, but directors would be in the line of fire. I think this might be at the heart of the push on Sq42, it's currently a loose end. The main game is okay, its released and backers have been given something so no liabilities there, but SQ42 must be finished before the ship sales dry up. Given the release notes Mole posted there is little to suggest anything more than a token number of DEV's are working on the SC side other than the ship creation team which is needed for SQ42 anyway. . .
But what about this decade?Money from SQ42 release sales.
Based on what we know from the UK side of the business, it’s a “why not both” situation. IIRC, about 20% of the Calders buy in came directly from the Roberts’ (and Ortwin’s) “shares” of the company. Everything else was newly created shares.I mean if what Chris Roberts and family would be doing there is to sell their own equity to leave the room for new investors, yeah. But if what they would be doing was to issue new equity out of thin air they would be diluting the Calders share value and %, and any related rights. That would be a serious issue for the Calders unless their investment agreement included fixed returns and/or fixed price buy back options irrespective of the share number and price.
But they also note in the same Q&A that the new systems may bring their own issues:
So there'll be teething problems most likely. But should get server tick up overall ideally, allowing more AI stuff.