All trades are final? Not for MindArk it seems...

I don't recall reading that MA paid SEE. Would you please link to earlier thread or provide source? Thanks

 

MArco
MAdhouse
MAssacred
MArtyring
MAney :p

 

contracts are a great thing.. but.. if one side works on purpose to screw the other... contracts are pretty much useless. all one has to do is prove the screw....

 

As I recall, SEE never finished paying their instalments for Calypso. That's why MA took it back initially.

Granted I may indeed be remembering incorrectly.

 

*cough* 60k CLDs â 100 $ = 6.000.000 $ *cough*

 

Razer, thank you for posting this information from the annual report. It appears from this statement that there was no payment to SEE.

 

Yup, this one was rather blatant I thought. Clever on MA's part, they got to sell half the planet for the full wack cost. That said though they did need to keep developing it themselves so fairs fair I guess. I suppose the deed pay outs are sorta similar to what the PP would have banked anyhow.

Interesting that MA had to refund SEE what they paid... still, I guess this should be no biggie, after all, they paid it to MA in the first place. Easy come easy go as they say... and it isn't like the SEE fiasco went on that long... about half a year or something was it?

As for this Land Area thing... urrgh typical MA yes they are covering themselves with glory as usual I see. That said, and I know this won't make me any friends here with this view but it does sound a lot like Next Island distributed something without MA's consent. I don't know what the agreements were between the companies but I'm guessing such things were not allowed. I feel where MA fell down here is not acting on it straight away when it became apparent that the deeds were not in the hands of a PP. They should have contacted the PP and asked them to settle up with that player via cash or some other means and transferred the deeds back to NI. Intentionally leaving it scuppered was a fairly childish move akin to sweeping the problem under the carpet.

With the current "solution"... sigh... I don't know... I can see why they opted to just "forget the whole thing" and "not our problem" it. Next Island is a (rather pretty) blot on the landscape that it is high time MA did something about. I'd happily see it dumped onto Calypso as a third continent with a bit of reworking of the storyline/content so it fits. After all MA have done worse before with their storyline before.

I think at the end of the day if MA can ignore Next Island they can ignore a couple of LA's on it just as easily. We don't know what the deal is with NI but I'm fairly certain MA don't "own" it or else they'd probably do something with it to make it work with the rest of EU. As it is, its like a forgotten land mine waiting to fuck over new potential players.

It is entirely possible that MA themselves have somehow been left with a white horse that legally they have no power to exercise control over. There may well be a reason why they say "talk to David Post" maybe they themselves can't contact him either.

I guess as usual all I'm saying is "we simply don't know" and that "things may not always be as they seem". Like most conversations about the why and how of MA, this one really can't continue without more facts on the table or input from MA.

Call me next decade when that happens

Wistrel

PS I do agree that this reflects negatively on MA and also introduces yet more mistrust and instability to the platform. I'm just saying that maybe this time MA have their hands tied somehow or other

 

Part of me believes that Marco is sitting on some CLDs or something similar somehow after the dust settled. It's too bad that Hanne and co. got dragged along through the dirt, but that's just the way they work at the top of the pyramid scheme I guess...

 

First time I hear of this CLD incident..wow...thanks :'D...but....

-An Avatar pops up with like way more then 2.000.000 US Dollars,
(ok, nothing unusual here, happens every 2-4 years inside here
Anshe Chung, Wirecard Bank, moneta.ru...Neveride) ;D
ready to be "dumped" into Entropia Universe.

-He "sniped" tenthousands of CLD's, trying to sell these in...uhm...
"batches" of 5000-7000, while keeping the majority of his CLD's.

-Was he expecting to get rich ?
-Maybe he was a bored rich fook ?

-1 forum post right in the end of 2012

-No skills,bought "Zero Legend Business" suit,
but kept Urban Nomad Walker Shoes ? :O ;D
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I was somehow proud to be a part of the game, that had the "Treasure Island Sale" happening in 2004. And it was always great to talk about it as it easily grabbed peoples attention. Also because there was a face behind it and it became an ongoing process.
I even made other people and friends play this universe. And they enjoyed it as well.

The "Club Neverdie" sale already felt different, if not shady already and the bank-pawnshop-sales and now this "CLD incident" somehow feel so wrong to me, in so many ways, that I dont talk about Entropia in public anymore and wouldnt recommend it to other people.

Also one of my best reallife friends scammed me (5000 PED) and Venus (Shadow Armor (F)) one day,..which once again showed what this game is all about. Money and greed. While money and greed was only a very small part (but always present) of the Entropia 10 years ago,
it was all about community, making international friendships, exploring, sharing and caring.

​

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Interesting... Admin why would MA have had to pay back more than SEE originally paid? I'm not saying they didn't, I'm just wondering what theory/reason you have as to why they'd pay more than they received to end the deal? Some sort of damages?

I didn't know the name of Mr Big CLD guy but I heard rumour he had been identified by those playing the CLD market who had noticed a "regular" on the auction scene. The theory I heard was that he was simply an investor with cash to speculate and no other interest in the game. The money spent isn't that high for a serious investor with a large portfolio. There are after all a lot of rich people in the world. As for the suit... a lot of trader types seem to buy those. Not sure why... maybe they feel it gives anyone they trade with a feeling of confidence cause the guy at the other end has a suit on. I admit there is some truth to that. I tend to trust people who are "dressed well" in game more than those who are not. They don't have to be wearing a suit though. For me the trust comes from the fact that the person clearly has some "investment" (not necesarily financial) in their appearance and avatar and therefore has assigned some personal value to their rep. In short I tend to trust people who appear to feel they "have a rep to protect".

Wistrel

 

Ah well then. Another mystery.