Star Citizen (Chris Roberts is back!) [Beta in ∞ years]
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bani789




Posts: 1436

PostPosted: Sun, 14th May 2017 19:10    Post subject:
Lol this game..I used to follow it pretty closely, but now it just got old. When I backed it I was 25, now I'm 30 and this game is nowhere close to being released. By the time it is I will probably have lost most of the interest in playing it.

Over the years I was tempted to pledge more beyond the original $35 package for some fancy ship, decided not to. Seems like that was a good choice.
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VGAdeadcafe




Posts: 22230
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PostPosted: Sun, 14th May 2017 19:14    Post subject:
Quote:
Initially, Chris expected to release the game in 2014, but as the budget grew, so did the scope.

Hehe, maybe it's the fault of the backers for giving them way too much money Laughing

Quote:
Mark Kerns, a Chicago web designer, donated $175 to the cause. For that, he received privileges to the alpha, plus a ship to use in the game. For him, this (plus having a front row seat to the development process) was worth his money.

“Of course I have reservations about whether or not Cloud Imperium Games can meet their goals,” Kerns said. “[but] after a few updates and patches, I considered my pledge money well spent and anything else that came from the game was a bonus.”

Laughing Laughing Laughing

@bani789
If you have some kids now, they may be old enough to play it when it comes out.
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Silent_Lurker




Posts: 7511
Location: France
PostPosted: Sun, 14th May 2017 20:33    Post subject:
Bob Barnsen wrote:
Crowdfunded Star Citizen raises over $148 million, but release date has been postponed indefinitely

Quote:
Initially, Chris expected to release the game in 2014, but as the budget grew, so did the scope. So he pushed the release to 2016. As it stands now, there is no definite or vague release date set. While this might be somewhat worrying for investors, Roberts has been very open with the development progress through his website. The game is currently in alpha, which is available to investors, and for some, this is enough for the money that they have put into the project.

http://www.techspot.com/news/69288-crowdfunded-star-citizen-raises-over-148-million-but.html





Laughing Laughing Laughing


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Bob Barnsen




Posts: 31974
Location: Germoney
PostPosted: Sun, 25th Jun 2017 12:08    Post subject:
Star Citizen is likely in financial trouble
Quote:
CIG, the creators of Star Citizen, a game that has pulled in $150 million in crowdfunding, many times the original goal of $6 million, has applied for additional loan funding from a bank, in return offering up literally everything they own as collateral - the Star Citizen IP, all assets, all code, distribution rights and so on. From the attached PDF:


24. LICENCE

24.1 The Chargee, ( bank ), hereby grants to the Chargor , ( CIG ), an exclusive license, revocable only in accordnance with Clause 24.2, to develop, produce, exploit and otherwise deal with the Game.

24.2 The Chargee, ( bank ), may terminate the license granted pursuant to Clause 24.1 above upon the happening of an Event of Default which remains unremedied on the date failing 60 days after the the Chargee has given written notice to the Chargor of such Event of Default.



TL;DR
The bank now own the game and provide a license to CIG to continue developing, if they miss a payment, all the backers get screwed.

They can't apply for any additional loans or funding because they have nothing to offer - all their assets have a negative pledge clause.

http://www.neogaf.com/forum/showthread.php?t=1396987


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DCB




Posts: 5410

PostPosted: Sun, 25th Jun 2017 12:18    Post subject:
Lol FFS. Although I guess that is hardly surprising, given how things have been going. I'm really kicking myself that I didn't sell my pledge around a year after the KS though. At this point I'd just settle for my $50 back, but I doubt I will ever see that again. Must suck to be one of those whales that blew thousands on dollars on it.
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bart5986




Posts: 662

PostPosted: Sun, 25th Jun 2017 12:26    Post subject:
DCB wrote:
Lol FFS. Although I guess that is hardly surprising, given how things have been going. I'm really kicking myself that I didn't sell my pledge around a year after the KS though. At this point I'd just settle for my $50 back, but I doubt I will ever see that again. Must suck to be one of those whales that blew thousands on dollars on it.


The article means nothing except for maybe how financials are handled.

The game is going to be released at some point, I don't know if the game will be any good however.
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dannofdawn




Posts: 2227

PostPosted: Sun, 25th Jun 2017 12:38    Post subject:
Pretty sure Coutts wouldn't give them a loan if they have "no money". I'm not going to pretend I understand finance enough, but I know taking out a loan for a company is not always because they are in trouble. They could be taking out a loan so they have the money now to purchase something without spending a large chunk of their cash on it.

A better indicator of them actually in financial trouble is when they auction their assets to others, like Shroud of the Avatar.
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AmpegV4




Posts: 6248

PostPosted: Sun, 25th Jun 2017 12:38    Post subject:
Hmm seems even the fanboys have given up, well i'll do it for them:

The game is coming guys!! stop hating this is the price to bring something truly next level in gaming. Financial news just like the engine change 4-5 years into development is really no big deal. Chris knows what he is doing, great game is coming just on the horizon.
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H4wkeye




Posts: 4699
Location: CTU
PostPosted: Sun, 25th Jun 2017 12:40    Post subject:
This game is vaporware Laughing So many years passed and they broke several release date promises. Though, how do you not manage to finish and release a game with 150 million dollars is beyond me, or maybe they were way over ambitious.
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Nodrim




Posts: 9597
Location: Romania
PostPosted: Sun, 25th Jun 2017 13:08    Post subject:
For a while now they even got subscriptions. CR clearly knows no shame.
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harry_theone




Posts: 11228
Location: The Land of Thread Reports
PostPosted: Sun, 25th Jun 2017 13:11    Post subject:
Bob Barnsen wrote:
Star Citizen is likely in financial trouble
Quote:
CIG, the creators of Star Citizen, a game that has pulled in $150 million in crowdfunding, many times the original goal of $6 million, has applied for additional loan funding from a bank, in return offering up literally everything they own as collateral - the Star Citizen IP, all assets, all code, distribution rights and so on. From the attached PDF:


24. LICENCE

24.1 The Chargee, ( bank ), hereby grants to the Chargor , ( CIG ), an exclusive license, revocable only in accordnance with Clause 24.2, to develop, produce, exploit and otherwise deal with the Game.

24.2 The Chargee, ( bank ), may terminate the license granted pursuant to Clause 24.1 above upon the happening of an Event of Default which remains unremedied on the date failing 60 days after the the Chargee has given written notice to the Chargor of such Event of Default.



TL;DR
The bank now own the game and provide a license to CIG to continue developing, if they miss a payment, all the backers get screwed.

They can't apply for any additional loans or funding because they have nothing to offer - all their assets have a negative pledge clause.

http://www.neogaf.com/forum/showthread.php?t=1396987


Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing


Hardcore failure Laughing Aww Yeah
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Bendi




Posts: 3397

PostPosted: Sun, 25th Jun 2017 13:14    Post subject:
Aww, selling virtual content in a nonexistent game not enough anymore for Chris Fatberts' trophy wife?

I wonder if they'll call bankers "toxic detractors" when they get foreclosed Laughing

Derek Smart is having a field day with this.
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Morphineus
VIP Member



Posts: 24883
Location: Sweden
PostPosted: Sun, 25th Jun 2017 13:51    Post subject:
It's a rather strange move... that being said those particular bank cunts are rather thorough and don't give loans to lesser beings. So the spaceship picture sales must still do well enough.


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Bendi




Posts: 3397

PostPosted: Sun, 25th Jun 2017 14:46    Post subject:
And also a haven for money laundering Laughing


sin317 wrote:

typical jew comment
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Stormwolf




Posts: 23718
Location: Norway
PostPosted: Sun, 25th Jun 2017 16:08    Post subject:
Why isn't robert raped daily? I'd seriously hit him if i'd had the chance. Squandered 55 Dollars on that fat stupid fuck.
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h0rnyfavn
Serial Humper



Posts: 13880

PostPosted: Sun, 25th Jun 2017 16:14    Post subject:
@Bob Barnsen
Quote:
Star Citizen is likely in financial trouble


Who cares!?? The important thing is I, The Saint Chris Roberts, don't have any financial troubles. God bless suckers! Reaction


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JBeckman
VIP Member



Posts: 34996
Location: Sweden
PostPosted: Sun, 25th Jun 2017 16:32    Post subject:
dannofdawn wrote:
Pretty sure Coutts wouldn't give them a loan if they have "no money". I'm not going to pretend I understand finance enough, but I know taking out a loan for a company is not always because they are in trouble. They could be taking out a loan so they have the money now to purchase something without spending a large chunk of their cash on it.

A better indicator of them actually in financial trouble is when they auction their assets to others, like Shroud of the Avatar.


The Neogaf thread mentions this, a loan isn't a big thing but mortgaging the entire company on said loan and all their assets is.

Another post also mentioned that said bank is pretty exclusive so they might still have some finances if they managed to actually get a loan from said bank.


Will be interesting to see how this plays out.

EDIT:
Stormwolf wrote:
Why isn't robert raped daily? I'd seriously hit him if i'd had the chance. Squandered 55 Dollars on that fat stupid fuck.


What with the amount of money the community for this have spent on this game and it's assets then as "just" a double-digit investment that probably barely covers a handjob, triple-digit would be oral and the big crowd over there with the quad digit investments are the ones probably readying to tear Chris a new asshole. Razz

Hell knows what the 10K+ spenders are planning...
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Bendi




Posts: 3397

PostPosted: Sun, 25th Jun 2017 17:04    Post subject:
JBeckman wrote:


Hell knows what the 10K+ spenders are planning...



Private murder-sex dungeon?


http://dereksmart.com/2017/06/star-citizen-final-countdown/


(yeah, yeah, I know, Derek Smart, but his rundown of the situation is pretty comprehensive )
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Anticasper




Posts: 1128
Location: Paul's Boutique
PostPosted: Mon, 26th Jun 2017 00:42    Post subject:
All the lies and false predictions made by Derek Smart over the past few years are archived and commented on here: https://www.reddit.com/r/DerekSmart/


Per Ardua Ad Astra
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ixigia
[Moderator] Consigliere



Posts: 65088
Location: Italy
PostPosted: Mon, 26th Jun 2017 04:15    Post subject:
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dodger2020




Posts: 3537

PostPosted: Mon, 26th Jun 2017 05:20    Post subject:
ixigia wrote:
There is an official statement about the whole thing: https://robertsspaceindustries.com/spectrum/community/SC/forum/1/thread/re-uk-tax-rebate-advance-for-foundry-42/277779 (take it as you will Razz)


God it's painful to read the fanboy comments there....

Laughing
Quote:

I agree. While we can't be treated completely like private investors, giving us heads up like this is a good thing. In the end, I think this should boost our confidence in CIG, at least financially.
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EyePatchLives




Posts: 5712
Location: Israel.
PostPosted: Mon, 26th Jun 2017 05:34    Post subject:
Yeah, they're all indoctrinated. It's pathetic.


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AmpegV4




Posts: 6248

PostPosted: Mon, 26th Jun 2017 05:43    Post subject:
Quote:

I agree. While we can't be treated completely like private investors, giving us heads up like this is a good thing. In the end, I think this should boost our confidence in CIG, at least financially.


Lol Laughing although you see this kind of delusional behaviour throughout all things gaming.
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VGAdeadcafe




Posts: 22230
Location: ★ ಠ_ಠ ★
PostPosted: Mon, 26th Jun 2017 07:44    Post subject:
I am not sure about this loan thing, their explanation sounds reasonable though.

Can someone tell me what you actually can do today if you had pledged some money, let's say 60$ to Kickstarter? I mean, what can you play/do? Today?

Secondly, is there a SQ42 release date? People are saying 2017?
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JBeckman
VIP Member



Posts: 34996
Location: Sweden
PostPosted: Mon, 26th Jun 2017 07:51    Post subject:
Alpha 3.0 should be close to release I believe, will bring a more connected universe rather than the current separate levels where you basically test some basic game mechanics.

Haven't heard much about the single-player part, Squadron 42, in quite some time though besides some of the media they've released showcasing the tech they're using, doubt it'll be ready for a 2017 release but it could be further along than their "MMO" client is for all I know. Smile
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bart5986




Posts: 662

PostPosted: Mon, 26th Jun 2017 07:53    Post subject:
VGAdeadcafe wrote:
Secondly, is there a SQ42 release date? People are saying 2017?


They won't release SQ42 until its 100% finished.

So any tech that hasn't been finished yet would hold back the SQ42 release even if other parts of the game is finished.
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Kaltern




Posts: 5859
Location: Lockerbie, Scotland
PostPosted: Mon, 26th Jun 2017 09:22    Post subject:
Anyone who throws money at this ... project now is seriously deluded and should probably have their finances controlled by someone who knows better than they do...


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VGAdeadcafe




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PostPosted: Mon, 26th Jun 2017 09:23    Post subject:
That doesn't make sense. Why would the multiplayer-related tech be a blocker for the single player campaign? This shit is the most disappointing about this scamstarter.
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bart5986




Posts: 662

PostPosted: Mon, 26th Jun 2017 09:37    Post subject:
VGAdeadcafe wrote:
That doesn't make sense. Why would the multiplayer-related tech be a blocker for the single player campaign? This shit is the most disappointing about this scamstarter.


You do realise that in both the single player and multiplayer version has guns.. spaceships.. planets.. and its set in space, with space stations... etc?


So you want the programmers to spend 6 months creating planet tech... and then you want another set of programmers to create the exact same planet tech but for single player? Laughing

There is a lot of crossover.
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VGAdeadcafe




Posts: 22230
Location: ★ ಠ_ಠ ★
PostPosted: Mon, 26th Jun 2017 10:29    Post subject:
Does SQ42 have planet landings and FPS combat? I thought it was a Wing Commander-style campaign in space. They are retarded, if they are so ambitious.
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