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Thread Statistics | Show CCP posts - 19 post(s) |
Maeve Nightside
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Posted - 2011.06.26 20:47:00 -
[1]
New Blog means nothing. Planning a meeting means nothing. The ONLY things that means **** are action in removing/limiting the NeX BS, addressing some of the issues in CQ, and providing some positive action to regain player trust. Publishing the CSM meeting would be a good place to start.
Firmly remaining unsubbed on second account (and unlikely to renue).
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Maeve Nightside
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Posted - 2011.06.28 00:51:00 -
[2]
ARE YOU UNSUBBED and feel helpless (or just mean)?
Then inflict some damage....
PLEX is a liability to CCP. It represents game time they have to maintain that they have already cashed the check on. It is a loan from the players.
NeX is a good way for them to get rid of that liability; when folks cash in PLEX, they don't have to provide services for game time and all some idiot just gets a monocle or a pair of jeans (which costs nothing for CCP).
Unusub players - Kick them in the nads. Sell all your stuff, convert it to PLEX and give it to a (staying) player that you can trust to use it for game time.
Ouch! Your unsub just hit CCP's cashflow hard because they just lost X times PLEX of short-term subscription fees. The added benefit is they they get NOTHING from sales at the NeX store from these PLEX.
If they need liquidity, take it from them. You can even keep your mission ship on your account so if things turn around you can build up quickly enough.
You might not like the idea, but I thought it was cool. Full credit to Londo Cebb in previous post. Hit me as particularly vindictive.
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Maeve Nightside
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Posted - 2011.06.28 02:02:00 -
[3]
Real world loans are only part of their prob.
They sold a lot of PLEX to the players. It is like taking out a bond (since plex represents game time. If redeemed it means a drop in subscription income). They have a lot of leveraged debt in game too.
If called in suddenly, it would be a potential hit to their ability to continue operations because their cash-on-hand could dry up.
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Maeve Nightside
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Posted - 2011.06.28 02:24:00 -
[4]
 Originally by: Kilmiester
Originally by: Maeve Nightside
Real world loans are only part of their prob.
They sold a lot of PLEX to the players. It is like taking out a bond (since plex represents game time. If redeemed it means a drop in subscription income). They have a lot of leveraged debt in game too.
If called in suddenly, it would be a potential hit to their ability to continue operations because their cash-on-hand could dry up.
I don't think they legally have to honor any of it. But it would be pretty disasterous PR to simply delete them all in game or cease honoring them. Not like they're doing much better here, but I guess that's subjective. But, anyone who was evaluating their company's finances would percieve them as a liablity for that exact reason.
Good points. They are probably percieved as a liability, hence the desire to erase them using NeX. And it would be tough to explain eliminating their redemption from a PR perspective.
If CCP were to stop redeeming PLEX, the whole MT market would bomb. They are in a position where they can not change the nature of PLEX because if they did, there would be no purchase to fuel the MT model.
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