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This doesn't look good?

BrenicsBrenics Member RarePosts: 1,939
Looks like they may owe more than they have?

https://beta.companieshouse.gov.uk/company/08703814/filing-history

1 down how many to go?
I'm not perfect but I'm always myself!

Star Citizen – The Extinction Level Event


4/13/15 > ELE has been updated look for 16-04-13.

http://www.dereksmart.org/2016/04/star-citizen-the-ele/

Enjoy and know the truth always comes to light!

«1345

Comments

  • DirtyDozenDirtyDozen Member RarePosts: 388
    So you have made it your hobby to troll this game every chance you get?  Maybe you should go play SWTOR instead?  Seriously, I think you have a problem here.
  • BrenicsBrenics Member RarePosts: 1,939
    So you have made it your hobby to troll this game every chance you get?  Maybe you should go play SWTOR instead?  Seriously, I think you have a problem here.
    Wait you mean this isn't post worthy?
    I'm not perfect but I'm always myself!

    Star Citizen – The Extinction Level Event


    4/13/15 > ELE has been updated look for 16-04-13.

    http://www.dereksmart.org/2016/04/star-citizen-the-ele/

    Enjoy and know the truth always comes to light!

  • DirtyDozenDirtyDozen Member RarePosts: 388
    edited November 2015
    Brenics said:
    So you have made it your hobby to troll this game every chance you get?  Maybe you should go play SWTOR instead?  Seriously, I think you have a problem here.
    Wait you mean this isn't post worthy?

    I can just read briefly into your post history and it's pretty clear to me that you relish anything negative about this game you can find.  I believe you are on the lookout for it.  So maybe it's newsworthy, but try to focus on your personal problem you have, mmmkay?
  • cerulean2012cerulean2012 Member UncommonPosts: 492
    Brenics said:
    So you have made it your hobby to troll this game every chance you get?  Maybe you should go play SWTOR instead?  Seriously, I think you have a problem here.
    Wait you mean this isn't post worthy?

    I can just read briefly into your post history and it's pretty clear to me that you relish anything negative about this game you can find.  I believe you are on the lookout for it.  So maybe it's newsworthy, but try to focus on your personal problem you have, mmmkay?

    Regardless of if he likes to post negative things about the game, this is still worthy of people to know.
  • DaikuruDaikuru Member RarePosts: 797
    This Derek dude is Derek Smart?
    Insanity: doing the same thing over and over again and expecting different results.

    - Albert Einstein


  • JaimlJaiml Member UncommonPosts: 130
    Waste of time to post... but I'll post to save Bunny Rabbit some time!

    Amount owed is not the same as the amount due at this moment in time.  My company owes more than it has in cash on hand.  I have long term capital loans that will be paid back over years.  As long as I keep making the payments all my creditors are happy.  Same thing with my house.  I owe more than I have in cash and more than I have in equity.  That is why I have it on a 30 year loan.

    You are doing a cash flow analysis using a balance sheet.

    Or as other have said it already, trolling....  nothing to see here...
  • DirtyDozenDirtyDozen Member RarePosts: 388
    Brenics said:
    So you have made it your hobby to troll this game every chance you get?  Maybe you should go play SWTOR instead?  Seriously, I think you have a problem here.
    Wait you mean this isn't post worthy?

    I can just read briefly into your post history and it's pretty clear to me that you relish anything negative about this game you can find.  I believe you are on the lookout for it.  So maybe it's newsworthy, but try to focus on your personal problem you have, mmmkay?

    Regardless of if he likes to post negative things about the game, this is still worthy of people to know.

    You're right, maybe I'm just tired of Guild Shopping and should just join Grievance...
  • Xeno.phonXeno.phon Member UncommonPosts: 350
    edited November 2015
    Looks to me like it is set up as a diff company than RSI, if so that means that income is coming in from RSI, not from game sales. Meaning that any financial info gotten about the companies "earnings" or "Profits" is purely absurd.

    They have no income but from transfers from RSI for their work. I really dont see how in any reality someone can think that viewing a subsidiary comp setup to do work for a single title financial reports can indicate a damn thing.

    Seriously kids, stay in school.
  • TorvalTorval Member LegendaryPosts: 20,021
    Brenics said:
    So you have made it your hobby to troll this game every chance you get?  Maybe you should go play SWTOR instead?  Seriously, I think you have a problem here.
    Wait you mean this isn't post worthy?
    I can just read briefly into your post history and it's pretty clear to me that you relish anything negative about this game you can find.  I believe you are on the lookout for it.  So maybe it's newsworthy, but try to focus on your personal problem you have, mmmkay?
    Regardless of if he likes to post negative things about the game, this is still worthy of people to know.
    Because he hasn't said anything of value here except to try and cast doubt. What exactly is of value? It's not that he likes to post negative stuff about the game. It's that he has an agenda and a vendetta to twist everything he can about this game negatively, even when it's not true like his Austin closing thread.

    Notice how he doesn't go out on a limb and explain himself, but just throws out a worrisome title with no substance behind it.

    So exactly what here is newsworthy.
    Fedora - A modern, free, and open source Operating System. https://getfedora.org/

    traveller, interloper, anomaly, iteration


  • TorvalTorval Member LegendaryPosts: 20,021
    The financials he's trying to drum up worry about are from December 2014. That's for a holding company doing business in the UK. In what way is that relevant or a picture of the current situation? It's not. He's just trying to create drama where there is none.
    Fedora - A modern, free, and open source Operating System. https://getfedora.org/

    traveller, interloper, anomaly, iteration


  • blutigfaustblutigfaust Member UncommonPosts: 129
    Sounds like he was successful then, got the haters and fanbois all worked up   lol

    Current games playing: MechWarrior Online
    Games being watched:  Project Genom
    Favorite played games: SWG, RomaVictor, and Xsyon

  • HrimnirHrimnir Member RarePosts: 2,413
    Sounds like he was successful then, got the haters and fanbois all worked up   lol
    All you have to do to do that is sneeze in the general direction of Star Citizen.

    "The surest way to corrupt a youth is to instruct him to hold in higher esteem those who think alike than those who think differently."

    - Friedrich Nietzsche

  • AthisarAthisar Member UncommonPosts: 666
    Hrimnir said:
    Sounds like he was successful then, got the haters and fanbois all worked up   lol
    All you have to do to do that is sneeze in the general direction of Star Citizen.
    Scientology membership numbers have dramatically fallen since Star Citizen appeared. Coincidence or not?
  • BrenicsBrenics Member RarePosts: 1,939
    LOL too bad you can't check my posts from years ago with AC2. I came down hard on them for not fixing major bugs and issues that hurt the game. I always been like that, if a game I would love to support has so many issues and bugs I will try and get the devs to open their eyes and fix their mistakes. 

    But with this game the problem is there is no game and it sure looks like all they do is go for more and more cash with no idea where the money is actually going. They should at least the very least have an alpha for you guys to test. I agree a good 5 maybe even 6 years to complete the game but at this time in it's life there should be some playable alpha. 

    So with one of their companies failing and hurting for money yeah I think it is very important news. Wonder how long before the others finally release the financials. More so when ship sales aren't moving like they were.
    I'm not perfect but I'm always myself!

    Star Citizen – The Extinction Level Event


    4/13/15 > ELE has been updated look for 16-04-13.

    http://www.dereksmart.org/2016/04/star-citizen-the-ele/

    Enjoy and know the truth always comes to light!

  • RealizerRealizer Member RarePosts: 724
    Brenics said:
    LOL too bad you can't check my posts from years ago with AC2. I came down hard on them for not fixing major bugs and issues that hurt the game. I always been like that, if a game I would love to support has so many issues and bugs I will try and get the devs to open their eyes and fix their mistakes. 

    But with this game the problem is there is no game and it sure looks like all they do is go for more and more cash with no idea where the money is actually going. They should at least the very least have an alpha for you guys to test. I agree a good 5 maybe even 6 years to complete the game but at this time in it's life there should be some playable alpha. 

    So with one of their companies failing and hurting for money yeah I think it is very important news. Wonder how long before the others finally release the financials. More so when ship sales aren't moving like they were.
    I'm curious to know what you think you posted with this link. Do you even know what it means, or how the information is relevant? Do you understand that foundry 42 is considered it's own game studio with it's own taxes to handle? That's what this document is showing you.
  • ErillionErillion Member EpicPosts: 10,233
    Realizer said:
    I'm curious to know what you think you posted with this link. Do you even know what it means, or how the information is relevant? Do you understand that foundry 42 is considered it's own game studio with it's own taxes to handle? That's what this document is showing you.
    He just cut and pasted from The Smarty's twitter feed ..... its todays message from The Chosen One.


    Have fun
  • BrenicsBrenics Member RarePosts: 1,939
    Amazing how news is now trolling. You guys are funny. Let's wait till next company involved with SC hits. 
    I'm not perfect but I'm always myself!

    Star Citizen – The Extinction Level Event


    4/13/15 > ELE has been updated look for 16-04-13.

    http://www.dereksmart.org/2016/04/star-citizen-the-ele/

    Enjoy and know the truth always comes to light!

  • RealizerRealizer Member RarePosts: 724
    Erillion said:
    Realizer said:
    I'm curious to know what you think you posted with this link. Do you even know what it means, or how the information is relevant? Do you understand that foundry 42 is considered it's own game studio with it's own taxes to handle? That's what this document is showing you.
    He just cut and pasted from The Smarty's twitter feed ..... its todays message from The Chosen One.


    Have fun
     Oh yep, I see that now. Looks like even his followers thought it was a dumb post, the comment thread gave me a laugh.
  • DXSinsDXSins Member UncommonPosts: 323
    Funny how people think this game is ever going to have money troubles... even if the crowdfunding funds do dry up, im sure a lot of publishers and investors have been making them offers to try and get in on it.

    Recently it took Shenmue 3 only 2mil to to raise and show interest for Sony to back the development... this game has raised 90mil... you can bet those greedy big publishers and investors want a piece of this.
  • gervaise1gervaise1 Member EpicPosts: 6,919
    edited November 2015
    Looks like the OP doesn't know how to read a financial report:
    Money due to the company : just over £1M; cash just under £650k;
    bills falling due in the next 12 months just under £1.2M
    net current assets: just uner £500K; total net assets just over £850k.


    Try it yourself. Work out what you plan to spend in the next 12 months: trips to the cinema, coffee, electricity bills - whatever. Then compare to how much you have in the bank/your wallet/purse. Do you have a "this doesn't look good answer"?

    Pretty common if you do. However factor in what you expect to "get" over the next 12 months: spending money from parents; wages; benefits - whatever. Hopefully you now have a positive number - if not you need to cut back.
    Post edited by gervaise1 on
  • goboygogoboygo Member RarePosts: 2,140
    Brenics said:
    Amazing how news is now trolling. You guys are funny. Let's wait till next company involved with SC hits. 
    Its trolling because the headers and contents of your posts are always implying something negative, so your post is not news, news is the facts without passing judgment even in question so  its..... yes trolling.  And only posting negative news, targeting one subject is a form of sensationalism.  You can do whatever you want with your time but you should at least understand the definitions of your actions.
  • ErillionErillion Member EpicPosts: 10,233
    gervaise1 said:
    Looks like the OP doesn't know how to read a financial report:

    Go easy on him ;-)

    He is still struggling with the math in his mind. :-D


    Have fun
  • BrenicsBrenics Member RarePosts: 1,939
    ROFL, oh I understand it perfectly!
    I'm not perfect but I'm always myself!

    Star Citizen – The Extinction Level Event


    4/13/15 > ELE has been updated look for 16-04-13.

    http://www.dereksmart.org/2016/04/star-citizen-the-ele/

    Enjoy and know the truth always comes to light!

  • Charlie.CheswickCharlie.Cheswick Member UncommonPosts: 469
    *tussles the OP's hair* 

    You'll get'em next time, Sport.
    -Chuckles
  • Xeno.phonXeno.phon Member UncommonPosts: 350
    Brenics said:
    Amazing how news is now trolling. You guys are funny. Let's wait till next company involved with SC hits. 
    Its not news, its proof you have no concept of how companies operate, that is all.
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