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Posted: Sun, 14th May 2017 19:10 Post subject: |
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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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Posted: Sun, 14th May 2017 19:14 Post subject: |
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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
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.” |
@bani789
If you have some kids now, they may be old enough to play it when it comes out.
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Posted: Sun, 14th May 2017 20:33 Post subject: |
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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
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Oh please don't make me reinstall No Man's Sky...

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Posted: Sun, 25th Jun 2017 12:08 Post subject: |
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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

Enthoo Evolv ATX TG // Asus Prime x370 // Ryzen 1700 // Gainward GTX 1080 // 16GB DDR4-3200
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Posted: Sun, 25th Jun 2017 12:18 Post subject: |
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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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Posted: Sun, 25th Jun 2017 12:26 Post subject: |
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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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Posted: Sun, 25th Jun 2017 12:38 Post subject: |
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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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Posted: Sun, 25th Jun 2017 12:38 Post subject: |
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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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Nodrim
Posts: 9597
Location: Romania
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Posted: Sun, 25th Jun 2017 13:08 Post subject: |
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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
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Posted: Sun, 25th Jun 2017 13:11 Post subject: |
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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
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Hardcore failure 
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Morphineus
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Posts: 24883
Location: Sweden
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Posted: Sun, 25th Jun 2017 13:51 Post subject: |
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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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Posted: Sun, 25th Jun 2017 14:46 Post subject: |
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And also a haven for money laundering 
sin317 wrote: |
typical jew comment
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Posted: Sun, 25th Jun 2017 16:08 Post subject: |
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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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Posted: Sun, 25th Jun 2017 16:14 Post subject: |
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@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! 
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JBeckman
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Posted: Mon, 26th Jun 2017 00:42 Post subject: |
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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
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Posted: Mon, 26th Jun 2017 04:15 Post subject: |
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Posted: Mon, 26th Jun 2017 05:34 Post subject: |
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Yeah, they're all indoctrinated. It's pathetic.
"I think Call of Duty resonates because it's believable and relatable," Sledgehammer Games cofounder Michael Condrey says.
Believable and relatable...Yep, sounds like Call of Duty
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Posted: Mon, 26th Jun 2017 07:44 Post subject: |
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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
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Posts: 34996
Location: Sweden
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Posted: Mon, 26th Jun 2017 07:53 Post subject: |
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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
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Posted: Mon, 26th Jun 2017 09:22 Post subject: |
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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...
Playing Valheim every weekday at 10pm GMT - twitch.tv/kaltern
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Posted: Mon, 26th Jun 2017 09:23 Post subject: |
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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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Posted: Mon, 26th Jun 2017 10:29 Post subject: |
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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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