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Mocam
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Posted - 2011.06.18 19:38:00 -
[31]
Originally by: Miilla Edited by: Miilla on 18/06/2011 18:12:44
Originally by: Ghoest Edited by: Ghoest on 18/06/2011 18:01:07 Boy are some of you confused - espially WTF is the talk about isk being "injected"? The onl way isk are being injected is if CCP are buying the plex themselves off the market to stabilize prices.
I think what Miilla is asking is how many GTC are converted to plex each month + plex bought directly from CCP.
Ok let me clarify.
PLEX is generated from 2 (two) sources, GTC conversions and PLEX purchases.
I am interested to see how many NEWLY GENERATED (via either source) PLEX are made each month / quarter.
Only PLAYER PURCHASES (via either of these 2 sources) are able to generate PLEX. (PLEX faucets).
That is REAL REVENUE to CCP, on top of subscriptions.
As far as I am aware, you buy GTC's and they are converted to PLEX. I haven't seen the ability to buy PLEX directly for $$ but it may be out there. Recently the buddy system was given the ability to get a PLEX so there is 1 additional source but it is not reflected in those 6 month old numbers.
PLEX is a pre-paid subscription. Outside of trading this subscription around on the market, there is no other use for the PLEX beyond the conversion to game-time. As such they ARE part of your paid accounts - not additional revenue. Someone pays, someone plays - it just happens to be 2 different people is all.
300k accounts - 100k plex'd accounts = 200k people running 300k accounts with all of them paid for and accounted for, plex'd or subscription fees. As for GTC's - at 1 GTC = 2 PLEX, you get 50k players buy GTC's, 100k accounts use them.
NOBODY outside CCP could give you the exact numbers. Taxes don't have to declare differences in sources of this nature and GTC's are a type of subscription mechanism.
Quote: PLEX are REMOVED by PLAYERS via 4 sinks, AURUM conversion and 30day gametime and IN SHIP DESTRUCTION :) (and other External paid events they dream up - like fanfest). (in ship destruction sink isnt a large sink - EXCEPT that Kestral :) (30 days game time is the biggest sink - today) (AURUM sink - nobody knows yet how large the effect will be - but CCP are betting on this one) (External events sink - not that frequent, but potentially a large sink, atm, yearly for fanfest).
The little bit in the middle - Non consumption / stockpiling is a problem for CCP as it is a bottleneck for NEW purcahses.
Aurum doesn't exist yet in game. As such PLEX cannot, at this time, be removed via this mechanism.
Destruction is rare but also recent, it did not exist with those early numbers you are working with.
External events - like donating for disasters - true but, again, fairly rare. Someone recently stated that it was $4000 donated to 1 such event but these also tend to not be "revenue" for CCP being as they convert the PLEX back to cash for the donation - out of pocket.
One implication of all this, the uses in conversion to Aurum and destruction will make any calculations on number of plex'd accounts very difficult to figure - if this is what you are after.
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 19:40:00 -
[32]
Originally by: Mocam
Originally by: Miilla Edited by: Miilla on 18/06/2011 18:12:44
Originally by: Ghoest Edited by: Ghoest on 18/06/2011 18:01:07 Boy are some of you confused - espially WTF is the talk about isk being "injected"? The onl way isk are being injected is if CCP are buying the plex themselves off the market to stabilize prices.
I think what Miilla is asking is how many GTC are converted to plex each month + plex bought directly from CCP.
Ok let me clarify.
PLEX is generated from 2 (two) sources, GTC conversions and PLEX purchases.
I am interested to see how many NEWLY GENERATED (via either source) PLEX are made each month / quarter.
Only PLAYER PURCHASES (via either of these 2 sources) are able to generate PLEX. (PLEX faucets).
That is REAL REVENUE to CCP, on top of subscriptions.
As far as I am aware, you buy GTC's and they are converted to PLEX. I haven't seen the ability to buy PLEX directly for $$ but it may be out there. Recently the buddy system was given the ability to get a PLEX so there is 1 additional source but it is not reflected in those 6 month old numbers.
PLEX is a pre-paid subscription. Outside of trading this subscription around on the market, there is no other use for the PLEX beyond the conversion to game-time. As such they ARE part of your paid accounts - not additional revenue. Someone pays, someone plays - it just happens to be 2 different people is all.
300k accounts - 100k plex'd accounts = 200k people running 300k accounts with all of them paid for and accounted for, plex'd or subscription fees. As for GTC's - at 1 GTC = 2 PLEX, you get 50k players buy GTC's, 100k accounts use them.
NOBODY outside CCP could give you the exact numbers. Taxes don't have to declare differences in sources of this nature and GTC's are a type of subscription mechanism.
Quote: PLEX are REMOVED by PLAYERS via 4 sinks, AURUM conversion and 30day gametime and IN SHIP DESTRUCTION :) (and other External paid events they dream up - like fanfest). (in ship destruction sink isnt a large sink - EXCEPT that Kestral :) (30 days game time is the biggest sink - today) (AURUM sink - nobody knows yet how large the effect will be - but CCP are betting on this one) (External events sink - not that frequent, but potentially a large sink, atm, yearly for fanfest).
The little bit in the middle - Non consumption / stockpiling is a problem for CCP as it is a bottleneck for NEW purcahses.
Aurum doesn't exist yet in game. As such PLEX cannot, at this time, be removed via this mechanism.
Destruction is rare but also recent, it did not exist with those early numbers you are working with.
External events - like donating for disasters - true but, again, fairly rare. Someone recently stated that it was $4000 donated to 1 such event but these also tend to not be "revenue" for CCP being as they convert the PLEX back to cash for the donation - out of pocket.
One implication of all this, the uses in conversion to Aurum and destruction will make any calculations on number of plex'd accounts very difficult to figure - if this is what you are after.
Go to account management -> Buy PLEX.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 19:44:00 -
[33]
Edited by: Akita T on 18/06/2011 19:46:23
Miilla, latest data plus speculation posted on previous page, if you missed it. Some edits with comments added a bit later. _
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 19:48:00 -
[34]
Originally by: Akita T Edited by: Akita T on 18/06/2011 19:46:23
Miilla, latest data plus speculation posted on previous page, if you missed it. Some edits with comments added a bit later.
2..4 million dollars they have already got the cash for (minus inflation % value), PLEX stockpiled or not, once generated, has been paid for and on the CCP balance sheet as revenue. However, they want to keep that FLOWING, with stockpiling, the flow is like trickle.
You can see their accountants are chewing at the bit and flooding the building with egarness to get that trickle river flowing into a Niagra Falls.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 19:53:00 -
[35]
Edited by: Akita T on 18/06/2011 19:55:01
Originally by: Miilla 2..4 million dollars they have already got the cash for (minus inflation % value), PLEX stockpiled or not, once generated, has been paid for and on the CCP balance sheet as revenue.
Revenue, maybe, in a sense. But also a liability. So, basically, more like a loan at zero interest rate. Imagine that one day, a noticeable percentage of the server decides "screw it, I'll stop paying my sub and switch to PLEX". For that particular month or months (before PLEX prices go through the roof), CCP will see a huge dip in revenue, a revenue on which they relied upon. How would you feel if somebody loaned you 4 mil dollars, and told you "do whatever you want with it, but one day, I will ask for it back, and you have about 2 weeks to give them to me once I ask"... wouldn't that sort of limit your potential uses for it ? _
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 19:55:00 -
[36]
Originally by: Akita T
Originally by: Miilla 2..4 million dollars they have already got the cash for (minus inflation % value), PLEX stockpiled or not, once generated, has been paid for and on the CCP balance sheet as revenue.
Revenue, maybe, in a sense. But also a liability. So, basically, more like a loan at zero interest rate. Imagine that one day, a noticeable percentage of the server decides "screw it, I'll stop paying my sub and switch to PLEX". For that particular month or months (before PLEX prices go through the roof), CCP will see a huge dip in revenue, a revenue on which they relied upon.
How is it a liability, they sold a product - a Plex - an ingame virtual item. They customer GOT that ITEM. The transaction has been closed.
Nothing remaining, all they want is to keep that river flowing, and speed it up.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 19:57:00 -
[37]
Originally by: Miilla How is it a liability
Fiscal//financial liability, as in a current obligation of an entity arising from past transactions or events. NOT "regular" liability, as in something that is a hindrance or puts an individual or group at a disadvantage. Small but important distinction. _
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Terrante
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Posted - 2011.06.18 19:59:00 -
[38]
Originally by: Miilla Edited by: Miilla on 18/06/2011 19:57:17
Originally by: Akita T
Originally by: Miilla 2..4 million dollars they have already got the cash for (minus inflation % value), PLEX stockpiled or not, once generated, has been paid for and on the CCP balance sheet as revenue.
Revenue, maybe, in a sense. But also a liability. So, basically, more like a loan at zero interest rate. Imagine that one day, a noticeable percentage of the server decides "screw it, I'll stop paying my sub and switch to PLEX". For that particular month or months (before PLEX prices go through the roof), CCP will see a huge dip in revenue, a revenue on which they relied upon.
How is it a liability, they sold a product - a Plex - an ingame virtual item. They customer GOT that ITEM. The transaction has been closed.
Nothing remaining, all they want is to keep that river flowing, and speed it up.
I think you are mistaking the PLEX as a Promisary note for 30 days gametime - I can see CCP changing the description of a PLEX to remove that, as it can be used for other purposes now. AURUM and external events etc.
It is just another virtual item (currency in this case).
Yes, but they don't know if the holder of the plex is going to turn it to game-time or blow it up or whatever.
They can legally only cash it in once it has been "used" and taken out of the game.
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 19:59:00 -
[39]
Edited by: Miilla on 18/06/2011 20:01:46
Originally by: Akita T
Originally by: Miilla How is it a liability
Fiscal//financial liability, as in a current obligation of an entity arising from past transactions or events. NOT "regular" liability, as in something that is a hindrance or puts an individual or group at a disadvantage. Small but important distinction.
Read my last.
That is why CCP are changing it, so there is no financial liability. It is not just to get them out of the game for financial liabilities, it is so they CAN SELL MORE of them.
The promise that CCP give for purchasing PLEX is a plex item. CCP themselves stated it has no special signifigance, that is why they are doing that now. So it is not a financial liability. If CCP go under, nobody can demand 30 days gametime refunds from the liquidator.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:02:00 -
[40]
Edited by: Akita T on 18/06/2011 20:04:07
Originally by: Miilla Read my last.
In edit...
Originally by: Miilla I think you are mistaking the PLEX as a Promisary note for 30 days gametime
It is that, and will remain that TOO, no matter how you alter the description. The split second you no longer allow it to be applied for 30 days of gametime, all hell WILL break loose. CCP can't afford to not keep its current functionality. So, for that reason, for all practical intents and purposes, it will remain ALSO a "promissory note for 30 days of gametime". The fact it will also have some other uses doesn't matter. It only means they have different ways to reduce the stockpile.
Quote: If CCP go under, nobody can demand 30 days gametime refunds from the liquidator.
If CCP go under, the PLEX stockpile is the last of their worries. Hell, if they go under and you just purchased a 1-year sub, you're still SOL, you can at most ask back for 30 (or was it 90) days' worth. It's in the EULA. _
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:04:00 -
[41]
Edited by: Miilla on 18/06/2011 20:04:32
Originally by: Akita T Edited by: Akita T on 18/06/2011 20:02:50
Originally by: Miilla Read my last.
In edit...
Originally by: Miilla I think you are mistaking the PLEX as a Promisary note for 30 days gametime
It is that, and will remain that TOO, no matter how you alter the description. The split second you no longer allow it to be applied for 30 days of gametime, all hell WILL break loose. CCP can't afford to not keep its current functionality. So, for that reason, for all practical instants and purposes, it will remain ALSO a "promissory note for 30 days of gametime". The fact it will also have some other uses doesn't matter. It only means they have different ways to reduce the stockpile.
Quote: If CCP go under, nobody can demand 30 days gametime refunds from the liquidator.
If CCP go under, the PLEX stockpile is the last of their worries.
No but all the people that purchased plex cannot get a refund back fromt he liquidator.
Game Time Codes, however, THEY CAN.
Once a GTC is converted to 2 PLEX, it is no longer game time and not a financial liability. It is an ingame item.
They confused people by allowing DIRECT purchase of PLEX, but they are getting an "ingame item" and nothing is owed, they got the item for use in a game.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:06:00 -
[42]
Originally by: Miilla No but all the people that purchased plex cannot get a refund back from the liquidator.
Absolutely, completely and totally irrelevant - CCP does not plan to go under any time soon, and the financial liability we're talking about is one that still exists even if they keep working just fine. You can't even ask for much of your subscription cash back either if you paid for a longer sub time anyway. _
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:07:00 -
[43]
Originally by: Akita T
Originally by: Miilla No but all the people that purchased plex cannot get a refund back from the liquidator.
Absolutely, completely and totally irrelevant - CCP does not plan to go under any time soon, and the financial liability we're talking about is one that still exists even if they keep working just fine. You can't even ask for much of your subscription cash back either if you paid for a longer sub time anyway.
It is relevant, financial liabilities are debt that the liquidator has to repay.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:09:00 -
[44]
Originally by: Miilla It is relevant, financial liabilities are debt that the liquidator has to repay.
You don't need to be close to liquidation to have financial liabilities. Financial liabilities are ANY obligations that a company has NOW due to something they did in the past. _
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:11:00 -
[45]
Edited by: Miilla on 18/06/2011 20:14:57
Originally by: Akita T
Originally by: Miilla It is relevant, financial liabilities are debt that the liquidator has to repay.
You don't need to be close to liquidation to have financial liabilities. Financial liabilities are ANY obligations that a company has NOW due to something they did in the past.
Yes, ofcourse, but my statement still stands with regard to PLEX.
Game Time Codes are a finincial obligation they have from that point until its fullfilment (through either fiscial means whether liquidation or giving the game time - or - via the consent of the owner of the GTC - the ability to exchange it for something else - in this case - an ingame item called PLEX).
I would actually like to see all this confusion resolved by CCP Accountant :)
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:18:00 -
[46]
Well, you can make all the correct statements you want, as long as they're not relevant, you're wasting your breath. The facts are that no matter what else you like to say to divert attention from the important things, CCP can not afford to disallow PLEX from paying for subs.
As long as PLEX can still pay for subs, it's a financial liability which restricts their options with regards to cashflow, and the total amount likely to exist right now is sufficiently high to cause problems if used up as sub payment in a short timespan. So, obviously, they're throwing everything but the kitchen sink towards any options which could possibly reduce the stockpile, because from their viewpoint, PLEX stockpiles are bad.
Do you have anything relevant to that particular line of reasoning (and not branching off) to add ? _
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Terrante
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Posted - 2011.06.18 20:20:00 -
[47]
Originally by: Miilla
... I would actually like to see all this confusion resolved by CCP Accountant :)
Basically PLEX and GTC are the same thing. Before PLEX you could buy GTC and sell them ingame for ISK as well. With the only difference being, that if you got scammed with the GTC number by whoever sold you the GTC ingame CCP would not be held accountable. Then they instituted the sale of GTC for ISK via the account management tool on eveonline.com. Then came PLEX.
PLEX is basically a GTC with the exception, that only CCP will sell PLEX.
But both are just a tool and a promise of game-time.
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:21:00 -
[48]
Originally by: Terrante
Originally by: Miilla
... I would actually like to see all this confusion resolved by CCP Accountant :)
Basically PLEX and GTC are the same thing. Before PLEX you could buy GTC and sell them ingame for ISK as well. With the only difference being, that if you got scammed with the GTC number by whoever sold you the GTC ingame CCP would not be held accountable. Then they instituted the sale of GTC for ISK via the account management tool on eveonline.com. Then came PLEX.
PLEX is basically a GTC with the exception, that only CCP will sell PLEX.
But both are just a tool and a promise of game-time.
So you are saying when my PLEX (promisary note for 30 days gametime) is DESTROYED by another player IN the game owned by CCP, I can get that money back because it has not been fullfilled for 30 days gametime.
Good.
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Seymore Graves
The New Era C0NVICTED
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Posted - 2011.06.18 20:30:00 -
[49]
Edited by: Seymore Graves on 18/06/2011 20:30:52
Originally by: Miilla
So you are saying when my PLEX (promisary note for 30 days gametime) is DESTROYED by another player IN the game owned by CCP, I can get that money back because it has not been fullfilled for 30 days gametime.
Good.
No, at no point has anyone stated this. You sir are an idiot.
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:31:00 -
[50]
Originally by: Seymore Graves quote=Miilla]
So you are saying when my PLEX (promisary note for 30 days gametime) is DESTROYED by another player IN the game owned by CCP, I can get that money back because it has not been fullfilled for 30 days gametime.
Good.
No,at no point has anyone stated this. You sir are an idiot.
But it is a financial liability and CCP have not fulfilled with 30 days gametime :)
Just using their logic.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:32:00 -
[51]
You're just being intentionally dense now, and you know that just as well. At least argue about something that would have a purpose other than arguing for the sake of argument. _
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:33:00 -
[52]
Originally by: Akita T You're just being intentionally dense now, and you know that just as well. At least argue about something that would have a purpose other than arguing for the sake of argument.
So, what happens to that "financial liability" that hasnt been fulfilled for 30 days gametime then?
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Terrante
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Posted - 2011.06.18 20:33:00 -
[53]
Originally by: Miilla
So you are saying when my PLEX (promisary note for 30 days gametime) is DESTROYED by another player IN the game owned by CCP, I can get that money back because it has not been fullfilled for 30 days gametime.
Good.
No you can't. Same as will be true for the AUR ships/vanity items which will be destroyed (if).
Basically what CCP did was very clever.
They sell you a PLEX for cash and at the same time let it be traded ingame AND be actually destroyed.
What that means is for CCP: Either the PLEX will be used by someone sometime for game-time (liability for the future) or The PLEX gets kaboomed ingame and we don't owe anybody anything. In fact the buyer of the PLEX just gave us his $$ and got zip in return.
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:36:00 -
[54]
Originally by: Terrante
Originally by: Miilla
So you are saying when my PLEX (promisary note for 30 days gametime) is DESTROYED by another player IN the game owned by CCP, I can get that money back because it has not been fullfilled for 30 days gametime.
Good.
No you can't. Same as will be true for the AUR ships/vanity items which will be destroyed (if).
Basically what CCP did was very clever.
They sell you a PLEX for cash and at the same time let it be traded ingame AND be actually destroyed.
What that means is for CCP: Either the PLEX will be used by someone sometime for game-time (liability for the future) or The PLEX gets kaboomed ingame and we don't owe anybody anything. In fact the buyer of the PLEX just gave us his $$ and got zip in return.
So, where can I get their company reports to see these "financial liabilities" we can tell from the numbers if PLEX really are liabilities easily.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:42:00 -
[55]
Originally by: Miilla
Originally by: Akita T You're just being intentionally dense now, and you know that just as well. At least argue about something that would have a purpose other than arguing for the sake of argument.
So, what happens to that "financial liability" that hasnt been fulfilled for 30 days gametime then?
As long as it's in GTC form, you can sell it for cash to somebody else and CCP has to honour it regardless of current owner. When it's in PLEX form, as long as you push apply, CCP chooses to honour it because otherwise it would lead to a riot. When a PLEX is destroyed or otherwise lost due to actions intentionally made by the player or lack of those, regardless of whether unaware or fully aware of the risks, that obligation vanishes. It's as if you bought a physical GTC and lit it on fire with a match, or forgot it in a public place. CCP has no obligations towards YOU, the former owner of the GTC either. _
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Kerrisone
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Posted - 2011.06.18 20:43:00 -
[56]
Originally by: Miilla
Originally by: Akita T You're just being intentionally dense now, and you know that just as well. At least argue about something that would have a purpose other than arguing for the sake of argument.
So, what happens to that "financial liability" that hasnt been fulfilled for 30 days gametime then?
It looms over CCP's heads until it is used by a player in one way or the other, the 'threat' is that they(stockpiled plex) replace 'new' income ie subscriptions, so current income 'drops'. CCP is the culprit in all this mess, they could easily see PLEX stockpiling up yet they did nothing to slow or stop it, ie limits on the number of plex to be 'created' ingame, ending plex every now and then, instituting expirations on PLEX.
They decided to take the 'loan' and run so to speak. The smart thing would have been to reinvest a good portion of that money they got 'for nothing' ie it wasn't really a liability for $17 as the actual cost of running/maintaining EVE isn't what we pay for it at any 'profitable' number it must be less or EVE would have shut down. Putting that 'loan' money into retaining new players and making old/current ones stay longer/be happy would have been one of the better ways to invest that money. The other is to diversify and invest in other money making ventures but not overextending yourself to 'depend' on that extra money.
We can all have our opinions on how successful CCP was/is on getting any of those things done but the fact remains that CCP has themselves to blame for 'too many plex'.
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:45:00 -
[57]
Originally by: Akita T
Originally by: Miilla
Originally by: Akita T You're just being intentionally dense now, and you know that just as well. At least argue about something that would have a purpose other than arguing for the sake of argument.
So, what happens to that "financial liability" that hasnt been fulfilled for 30 days gametime then?
As long as it's in GTC form, you can sell it for cash to somebody else and CCP has to honour it regardless of current owner. When it's in PLEX form, as long as you push apply, CCP chooses to honour it because otherwise it would lead to a riot. When a PLEX is destroyed or otherwise lost due to actions intentionally made by the player or lack of those, regardless of whether unaware or fully aware of the risks, that obligation vanishes. It's as if you bought a physical GTC and lit it on fire with a match, or forgot it in a public place. CCP has no obligations towards YOU, the former owner of the GTC either.
I can set a Fait currency note on fire here and even with the little serioal number I can get it replaced at a bank. Even fait currencies that have been deemed no longer valud, even 100 year old notes. I can get their value replaced at a bank. Doesn't matter if it is defaced, and almost destroyed The bank still has the obligation.
Still i want to see the submitted reports they have to give. I am sure they are available at the register, even for a small fee. If i knew where that was lol. I will search further for the register.
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2011.06.18 20:46:00 -
[58]
Originally by: Miilla So, where can I get their company reports to see these "financial liabilities" we can tell from the numbers if PLEX really are liabilities easily.
a) Any obligations to render (an otherwise paid-for) service a company has due to past sales are financial liabilities, by definition. b) As long as a PLEX exists, any owner can choose to apply it towards gametime, and CCP can not afford to not honour that, so for all practical intents and purposes, it's as good as an obligation once that choice is made. From a and b follows c) a PLEX is a potential financial liability. _
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JC Anderson
Caldari Noir. Noir. Mercenary Group
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Posted - 2011.06.18 20:47:00 -
[59]
Originally by: Mocam As far as I am aware, you buy GTC's and they are converted to PLEX. I haven't seen the ability to buy PLEX directly for $$ but it may be out there. Recently the buddy system was given the ability to get a PLEX so there is 1 additional source but it is not reflected in those 6 month old numbers.
;)
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Miilla
Minmatar Hulkageddon Orphanage
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Posted - 2011.06.18 20:48:00 -
[60]
Edited by: Miilla on 18/06/2011 20:51:26
Originally by: Akita T
Originally by: Miilla So, where can I get their company reports to see these "financial liabilities" we can tell from the numbers if PLEX really are liabilities easily.
a) Any obligations to render (an otherwise paid-for) service a company has due to past sales are financial liabilities, by definition. b) As long as a PLEX exists, any owner can choose to apply it towards gametime, and CCP can not afford to not honour that, so for all practical intents and purposes, it's as good as an obligation once that choice is made. From a and b follows c) a PLEX is a potential financial liability.
And financial liabilities have to be repaid as a debt if they are in receivership, liquidators going to give 30 days gametime? Nope, they going to give the fait currency back?
Lets do this scenario
So here I am , holding 50 plex, CCP get liquidated, I didn't PAY fait currency for those PLEX, now the liquidator has to pay me the fait currency in lew of the 30 days game time they can no longer provide. It is a financial debt / obligation.
If so; it is very profitible to ingame buy all ingame obligations until they go into receivership and get liquidated. could be big money in that if you get your debts claim submitted.
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