Star Citizen Media Musings

[dsmart]

What I didn't get on this was why CIG can only do this once as he says circa 48 mins in.

Because they can't keep creating new shares like that. Did you read my article? Because I explained it there.

If CRobers and the other shareholders gave away shares to raise cash to pay off the Coutts loan then Coutts  longer have CIG assets as collateral and CIG simply have  more shareholders.

What stops Chris doing it all again to raise some cash in the future ?

Why is that relevant?

[dsmart]

https://www.polygon.com/2018/12/20/18150456/star-citizen-squadron-42-single-player-release

https://massivelyop.com/2018/12/20/star-citizen-atv-squadron-42s-roadmap-and-projected-2020-beta-and-cloud-imperiums-46m-private-investment/

[jwh1701]

https://www.polygon.com/2018/12/20/18150456/star-citizen-squadron-42-single-player-release

https://massivelyop.com/2018/12/20/star-citizen-atv-squadron-42s-roadmap-and-projected-2020-beta-and-cloud-imperiums-46m-private-investment/

No matter the angle you look at CIG I cannot understand anyone wanting to give them a single penny. But looking back at theranos people continued fund them to the tune of 70billion with no working prototype.

[Motto]

Clearly you don't understand game development.

[jwh1701]

Clearly you don't understand game development.

LOL I sure don't but these articles provide me with great fun on reddit with the backers.

[dsmart]

https://venturebeat.com/2018/12/20/star-citizen-interview-why-chris-roberts-raised-another-46-million-to-finish-sci-fi-universe/

https://www.forbes.com/sites/mattperez/2018/12/20/billionaire-clive-calder-and-son-invest-46-million-in-studio-behind-crowdfunded-game-star-citizen/

[McDrake]

https://www.polygon.com/2018/12/20/18150456/star-citizen-squadron-42-single-player-release

https://massivelyop.com/2018/12/20/star-citizen-atv-squadron-42s-roadmap-and-projected-2020-beta-and-cloud-imperiums-46m-private-investment/

"“This investment helps secure our independence,” Roberts says. "
Does it? How?
Oo

[Judge_dolly_OG]

"“This investment helps secure our independence,” Roberts says. "
Does it? How?
Oo

Dey giz uz money to set fire too.

[Meowz]

So with publish financials and actual investor oversight, is there now any chance that anything resembling a "finished product" will be released? Bias aside, for the project itself, is this actually a good thing?

[N0mad]

So with publish financials and actual investor oversight, is there now any chance that anything resembling a "finished product" will be released? Bias aside, for the project itself, is this actually a good thing?

The only way to deliver any sort of viable product is to remove Chris Roberts from any management oversight and put someone else in charge. They'd actually have to kick him out  for that to happen though.

[dsmart]

So with publish financials and actual investor oversight, is there now any chance that anything resembling a "finished product" will be released? Bias aside, for the project itself, is this actually a good thing?

Don't be silly. Of course not. You missed the part where croberts was making it clear in his article that was still in control, the majority investor etc?

[dsmart]

Quick! Someone get Joe Blobbers! There's FUD afoot!

https://bit-tech.net/news/gaming/pc/star-citizens-squadron-42-gets-a-cash-influx/1/

[dsmart]

Chris Roberts: Squadron 42 Has a Level of Connection, Acting & Characterization Above God of War, RDR2, TLOU

Ah yeah, I remember back when Star Marine was going to be more lethal than Call Of Duty

[dsmart]

A different view on Clod Impervious financials:

https://www.space4games.com/en/star-citizen-en/star-citzen-squadron-42-financials/id-2826/

[dsmart]

"Malicious gossip has it that Roberts deliberately lied for marketing reasons. But would more than 360 employees at that time have carried plain lies with them, without any information having reached the public?"

This lot are shills... 

When it suits their purpose they take CRoberts word as gospel and then the next they excuse his lies.

Yes right !