Star Citizen Thread v6
- Thread starter Brett C
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The backers didn't own the assets before, and they don't now. Nothing has changed there. Refunds are only ever going to be available while the company is a going concern, and anyone who expects a refund if it fails has a pretty poor grasp of economics.
I still can't believe they are taking in 1.3M - 2.6M USD a month still. Is that enough to cover their outgoing costs? Getting a loan suggests they have cashflow problems.
300,000 odd USD was spent yesterday
I guess we will not get a clear response from them until after the fact.
Derek has been very quiet lately, still waiting for the bombshell he hinted was in the wings.
Also, separate topic - been looking at the old stretch goals on the rsi website. So many broken promises there.
For example:
$12,000,000
- Build professional sound studios. We’ll move Star Citizen’s sound production from a home office to high tech facilities that will give us access to cutting edge sound effects and Hollywood voice talent!
- The Hangar Module will feature Oculus Rift support.
Really? Oculus Rift support? I thought they ditched VR support?
300,000 odd USD was spent yesterday
I guess we will not get a clear response from them until after the fact.
Derek has been very quiet lately, still waiting for the bombshell he hinted was in the wings.
Also, separate topic - been looking at the old stretch goals on the rsi website. So many broken promises there.
For example:
$12,000,000
- Build professional sound studios. We’ll move Star Citizen’s sound production from a home office to high tech facilities that will give us access to cutting edge sound effects and Hollywood voice talent!
- The Hangar Module will feature Oculus Rift support.
Really? Oculus Rift support? I thought they ditched VR support?
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300,000 odd USD was spent yesterday
Quality handbags are expensive!!!
Seriously though - where has all that money gone?
Even if they pay every person they have ever employed a minimum of $1000 a week, and they have 330 people, over 52 weeks and six years that's only just
shy of 103 million.
No no, they nailed that one already...The Hangar Module had (native) DK1 support over three years ago. It involved messing around with console commands, creating a config file yourself and initially had the L/R screens the wrong way around. It doesn't work anymore. $12mil Stretch goal completed. Chris has done it again everyone!
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I'm guessing there are the mocap studios/sound studios they set up. Business costs for setting up multiple offices (rent/facilities/computers/electricity?).
Trying to think of some other massive costs - servers? Website costs?
Also, there should be a profits & Loss accounts somewhere detailing all their assets (at least for the uk side) on Companies house. Not sure if there is an equivalent anywhere on the US side.
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I was thinking that too. Multiple mocap studios set up by CIG to perfect their high-fidelity movie, and rent capacity and expertise out to other parties and make a bit of extra cash.
So how do they then have to do mocap in a lunch area that takes about 30 minutes to set up, and require repeated repeats?
Well, let's look at that, then. Going by F42, we have £44,800 a person a year in 2015 and £44,400 in 2016. That's already $1100 a week — 10% more — before we add in other overhead costs of having people around (easily on the order of an additional 20–30%). And that's for what's probably their cheapest studio. The other half of the company will cost more.
Before we've even considered external costs — consultants, outsourced services, mocap studios — we're already skirting close to the additional 50% that would put them over what they've collected from backers so far if your final number is right.
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In the event of it going base-over-apex the value of tangible assets is likely to be too low to amount to much anyway, in comparison to how much the backers have put in. They have been mostly funding wages and running costs, and that isn't going to be recoverable regardless of bank loan terms or anything else.
I am sure that Genuine Roberts will sell enough used cars / take out loans to cover their fees. It's his lifetime goal to achieve the SQ42 movie, absolutely nothing is going to get in his way.
I so wished I'd screenshotted some of the comments 'cos some were really funny
Set your browser to offline and go back through the history, and Alt - Prtsc
Set your browser to offline and go back through the history, and Alt - Prtsc
Aww - didn't work
- but thanks! (I'll remember that trick)I must have closed it at some point (I'm checking the forums while testing the new Battletech game - it's a bit heavy on resources at the moment, and when the turbo fan on the PC goes off - I close everything
)You could try typing "Coutts" (without the quotes) into the Spectrum search box and see if it shows. I found a 15 reply thread on the matter. I don't know if it's the same one though.
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Coutts are bankers to the %1ers of the world, they're by definition as bent as a 12 dollar bill.
No way would they naively fall for something like that. They not only already know all the tricks, they probably invented half of them.
If that paperwork says it's all on the line, it's all on the line.
https://robertsspaceindustries.com/...puts-the-whole-company-up-as-collatera/275158
Here's that one. The Denial LOL.
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