Verno wrote on Nov 12, 2012, 09:43:
I don't think they're going to make it to March 2013 at this rate SR4, COH2, Metro LL, so many good games down the drain. Shame that they were mismanaged for so long.

nin wrote on Nov 11, 2012, 20:56:

jimnms wrote on Nov 11, 2012, 20:35:

spindoctor wrote on Nov 11, 2012, 19:29:
If you're considering buying Towns, I'd recommend having a look at the Steam discussion forum for the game before deciding. There seem to be a lot of threads saying that the game is unfinished and still basically a beta.

Actually it's still in Alpha, but I don't see any indication of that on the Steam store page. I have this from a bundle, and it's been a while since I played it. The last time I played I couldn't stop the people from running off to attack things when they didn't have weapons. I would end up losing my entire population because they would see a monster when out gathering stuff go attack it and die. You can designate people as soldiers and equip them with weapons and armor.

Is it fun? I'd not heard of it until it showed up on steam, but was hesitant to buy it.

Thanks!

killer_roach wrote on Nov 11, 2012, 15:12:

NewMaxx wrote on Nov 11, 2012, 14:47:
Companies default all the time. Sometimes it's news, sometimes it's not, but of course they have to report it to the stock exchange. I don't think this was an unexpected event in any regard. There will be a restructuring/renegotiation of debt, and the commission of future milestones, at which point there might be another renegotiation, and so on.

The modern world of finance has its roots a thousand years back (feudal kings did this all the time), but to spare the public a history lesson, essentially imagine THQ as a nation-state who borrows money from a rich trade state so that it can field an army with the intent to expand its domain. It fails to meet this goal and is thus unable to pay as anticipated, but still is able to pay something and still seeks to eventually achieve its goals and avoid the alternative of bankruptcy.

Except THQ is hemorrhaging cash - they're losing money greater than their market cap on a quarterly basis, with no real pathway back to profitability. With a default comes likely downgrades to their credit rating as creditors worry about their ability to satisfy current debt obligations (if their debt instruments aren't C-rated already, they likely will be now), which likely will constitute increased costs to their debt service, further hastening their debt spiral.

Your argument only holds water in the situation where THQ had a clearly outlined path back to profitability, which they don't. This default isn't a temporary setback - it's a symptom of further underlying issues. Without even a current accounts surplus on the horizon (much less an overall profit), it's only a matter of time before the sharks start to circle (if they haven't already).

Rattlehead wrote on Nov 11, 2012, 13:03:
What are you eight years old?

Cutter wrote on Nov 8, 2012, 12:39:
When you surrender your rights by being a criminal you don't have anymore say. Particularly as it applies to violent crimes like rape, murder, etc. Honestly those guys should consider themselves lucky because if it were up to me they'd be looking at a death sentence.

Smellfinger wrote on Nov 8, 2012, 14:40:
Concise NS2 Review: Good game, worst community since DOTA.

PHJF wrote on Nov 8, 2012, 11:25:

The problem is that this offering isn't free: it costs 30 bucks.

Well that about sums it up, in the very first paragraph he gets the price of the game wrong.