test content
  • Games
  • Social
  • Arc News
  • Support
  • Zen
What is the Arc Client?
Install Arc
Forums > Home› Neverwinter Discussion › General Discussion (PC)

The truth of why mod 6 is a disaster.

alisi1alisi1 Member Posts: 366 Arc User
edited April 2015 in General Discussion (PC)
Here's the truth. http://massivelyop.net/2015/03/17/cryptic-layoffs-alone-totaled-18-people/
Post edited by Unknown User on

Comments

  • ironzerg79ironzerg79 Member, Neverwinter Moderator, NW M9 Playtest Posts: 4,942 Arc User
    edited April 2015
    You're about 2 months late on this news...We've already seen this thread about a dozen times here. Do we really need to rehash it?
    "Meanwhile in the moderator's lounge..."
    i7TZDZK.gif?1
  • mcmetal1mcmetal1 Member Posts: 63
    edited April 2015
    ironzerg79 wrote: »
    You're about 2 months late on this news...We've already seen this thread about a dozen times here. Do we really need to rehash it?

    Well, those still trying to play the game relive this every day.
  • alisi1alisi1 Member Posts: 366 Arc User
    edited April 2015
    Oh did it stop being relevant? Most people don't read the forums until there are problems. Hence two months ago most people would have missed it. So the answer is yes.
  • jonnybggjonnybgg Member Posts: 51
    edited April 2015
    Okay, here's an update for you: http://www.prnewswire.com/news-releases/perfect-world-enters-into-definitive-agreement-for-going-private-transaction-300072177.html
  • alisi1alisi1 Member Posts: 366 Arc User
    edited April 2015
    So the game is being bought by a private enterprise. Anyone know Perfect Peony's history with game quality? Being in the Cayman Islands doesn't exactly give me confidence.
  • katbozejziemikatbozejziemi Member, NW M9 Playtest Posts: 856 Arc User
    edited April 2015
    They clearly didn't need those people.
  • ladysummeraladysummera Member Posts: 0 Arc User
    edited April 2015
    they also just annouced that pwi got a loan from a bank in china to buy back all their public stock, and they are merging with another company. http://www.eggtalk.com/2015/04/27/news-perfect-world-chairman-of-associate-company-and-the-merger-agreement
  • alisi1alisi1 Member Posts: 366 Arc User
    edited April 2015
    The current state of the game proves otherwise. You do know the Cayman Islands are used for avoiding taxes and cashing in on companies at the expense of the companies share holders right?
  • ladysummeraladysummera Member Posts: 0 Arc User
    edited April 2015
    LOl someone beat me with the info....sry
  • UnknownUnknown
    edited April 2015
    This content has been removed.
  • ironzerg79ironzerg79 Member, Neverwinter Moderator, NW M9 Playtest Posts: 4,942 Arc User
    edited April 2015
    jimmyhar wrote: »
    They are just taking the company private. Not sure you can read much else into that regarding the future of the game.

    It could very well be that the owner of PWE is tired of having to answer to shareholders and wants to do things his way.

    Could be good. Could be bad. But in the past, some companies have gone private for exactly this reason, so they can focus on actually be a great company, instead of chasing quarterly numbers.
    "Meanwhile in the moderator's lounge..."
    i7TZDZK.gif?1
  • alisi1alisi1 Member Posts: 366 Arc User
    edited April 2015
    ironzerg79 wrote: »
    It could very well be that the owner of PWE is tired of having to answer to shareholders and wants to do things his way.

    Could be good. Could be bad. But in the past, some companies have gone private for exactly this reason, so they can focus on actually be a great company, instead of chasing quarterly numbers.
    I really hope you are right.
  • jonnybggjonnybgg Member Posts: 51
    edited April 2015
    alisi1 wrote: »
    I really hope you are right.

    As do I.

    Smells like an imminent liquidation to me, though.
  • vadimt83vadimt83 Member Posts: 259 Arc User
    edited April 2015
    jimmyhar wrote: »
    They are just taking the company private. Not sure you can read much else into that regarding the future of the game.
    Privatizing a public company is rare and usually happens when the company is traded bellow valuation or just before a game changing move by the managment (like surprise announcment of a product, etc) and moving it to tax haven is done to minimize taxes and hide financial reports. Also keep in mind that a chineese band approved a huge loan for that. All in all, i wouldnt get too worried.
  • twilightwatchmantwilightwatchman Member Posts: 2,007 Arc User
    edited April 2015
    jonnybgg wrote: »
    As do I.

    Smells like an imminent liquidation to me, though.
    Why would you liquidate a company with no assets?
    Jenna Sunsoul - Justice Tankadin
    Aelar Hawkwind - Archer
    Karrin Feywinter - Mistress of Flame
    Errin Duskwalker - Executioner
    Darquess - Soulbinder
  • UnknownUnknown
    edited April 2015
    This content has been removed.
  • vinceent1vinceent1 Member, NW M9 Playtest Posts: 1,264 Arc User
    edited April 2015
    ironzerg79 wrote: »
    You're about 2 months late on this news...We've already seen this thread about a dozen times here. Do we really need to rehash it?


    whats wrong ironzerg? dont see you for a long time here and you just appear now. are you personaly interested?
  • ironzerg79ironzerg79 Member, Neverwinter Moderator, NW M9 Playtest Posts: 4,942 Arc User
    edited April 2015
    vinceent1 wrote: »
    whats wrong ironzerg? dont see you for a long time here and you just appear now. are you personaly interested?

    I've posted over 30 times in the last week...I generally post in other forums though. Rarely anything worth responding to pops up in the General forum.
    "Meanwhile in the moderator's lounge..."
    i7TZDZK.gif?1
  • walk2kwalk2k Member Posts: 928 Arc User
    edited April 2015
    alisi1 wrote: »
    So the game is being bought by a private enterprise. Anyone know Perfect Peony's history with game quality? Being in the Cayman Islands doesn't exactly give me confidence.

    one word: liquidation
  • jonnybggjonnybgg Member Posts: 51
    edited April 2015
    walk2k wrote: »
    one word: liquidation

    I already offered up that suggestion and was immediately flamed. So OBVIOUSLY it's so some guy who is too busy counting his riches can improve the game.
  • reiwulfreiwulf Member Posts: 2,687 Arc User
    edited April 2015
    I wonder if it means we'll et any important changes in the game itself.
    2e2qwj6.jpg
  • alisi1alisi1 Member Posts: 366 Arc User
    edited April 2015
    There's already a law suit by the stock holders underway.http://www.businesswire.com/news/home/20150427005916/en/SHAREHOLDER-ALERT-Levi-Korsinsky-LLP-Notifies-Shareholders#.VT_cAsvD_qA
  • pancakeattaxpancakeattax Member Posts: 191 Bounty Hunter
    edited April 2015
    LoL so they got a law suit, I can see where is this going.. perhaps its time to start looking for a new game to play :'(
  • UnknownUnknown
    edited April 2015
    This content has been removed.
  • tinead51tinead51 Member Posts: 305 Arc User
    edited April 2015
    pancakeattax wrote: »
    LoL so they got a law suit, I can see where is this going.. perhaps its time to start looking for a new game to play :'(

    This stopped being a "fun" game long ago, all they want playing this so called mmo are Wallet Warriors...
  • walk2kwalk2k Member Posts: 928 Arc User
    edited April 2015
    "Perfect Peony Holding Co"

    does anyone think this sounds like a serious gaming company? yeah me either.
  • twilightwatchmantwilightwatchman Member Posts: 2,007 Arc User
    edited April 2015
    pancakeattax wrote: »
    LoL so they got a law suit, I can see where is this going.. perhaps its time to start looking for a new game to play :'(
    It's not a law suit. Helps to read the link before commenting.

    It's an investigation into the legalities of the sale to see if the Board of PWE got best shareholder value as they are legally obliged to. Only if the investigation comes up with anything would there be a potential law suit.
    Jenna Sunsoul - Justice Tankadin
    Aelar Hawkwind - Archer
    Karrin Feywinter - Mistress of Flame
    Errin Duskwalker - Executioner
    Darquess - Soulbinder
  • twilightwatchmantwilightwatchman Member Posts: 2,007 Arc User
    edited April 2015
    walk2k wrote: »
    "Perfect Peony Holding Co"

    does anyone think this sounds like a serious gaming company? yeah me either.
    It's a holding company. The gaming company remains PWE. The only thing changing is who owns it.
    Jenna Sunsoul - Justice Tankadin
    Aelar Hawkwind - Archer
    Karrin Feywinter - Mistress of Flame
    Errin Duskwalker - Executioner
    Darquess - Soulbinder
  • alisi1alisi1 Member Posts: 366 Arc User
    edited April 2015
    It's becoming a private company. That will entail a lot of changes other than who owns it. This can be a huge blessing or the nail in the coffin (assuming you all have hope) depending on the new owners view on the game and how it should be run.
  • lewstelamon01lewstelamon01 Member Posts: 7,415 Arc User
    edited April 2015
    Wild, speculative doomsaying is not productive discussion material.
    ROLL TIDE ROLL

    Great Weapon Fighter: Because when is today not a good day to die?

    PC and PS4 player. Proud Guildmaster for PS4 Team Fencebane. Rank 5 Officer for PC Team Fencebane. Visit us at http://fencebane.shivtr.com
This discussion has been closed.