Recent content by DoubleWolf

My own personal opinion on this is that they would still like to have this designation, but getting the funds to back all the PED in the game to satisfy the regulatory requirements was probably too difficult at the time. Can't use debt to raise those funds since it would be added liability...

Wow, that report says they've been tracking it on the balance sheet since 2017. I really haven't been keeping up 😅

Banks, unlike Mindark (until recently. I assumed this was the first time due to the language they used in the quote that I put in bold) actually keep all customer deposits accounted for on the balance sheet as a liability. In the event of company liquidation of assets, liabilities like debts and...

I've always loved reading these reports. This part was the most interesting for me: I last remember that "unconsumed user holdings" were just a footnote on the balance sheet, and not actually included in the calculation of liabilities. Which basically translated to: "Your PED does not belong to...

Finally some competition for Entropiawiki! It's been neglected for far too long. Your site seems fairly easy to use, and I see a lot of potential. Particularly from the Map integration, which the wiki hasn't kept up well with. Keep up the good work! I'll keep an eye on this one for sure

Quite an expensive mistake! Kind of worked out for all parties in the end though. Guy who lent the character got it back (minus the charges for being careless) Friend didn't face any penalty for the mistake. Opportunistic buyer didn't get the character, but did still make a profit Company...

Can someone remind them that this app hasn't been updated in SIX YEARS?!?!? I still manage to use it, but barely. It's a buggy mess and there are FAR too many timeouts or log-outs with the inability to log back in right away that this isn't something they should be bragging about. It's just one...

It's not really about MA being "a bank" so much as it's about how customer money is treated. Right now it is considered revenue. If you ever want to expand your client base gain the interest of large, savvy investors, you'll need to start treating it as a true liability. If you guys are happy...

Years ago the idea was floated around to create Mindbank, and it seemed to me that this would be the much needed "right step" toward changing Mindark's business model to one that better secures customer deposits by converting them to a true liability on the balance sheet (like an actual bank)...

Better loot is always nice, but aside from that, I'd like to see a more stable business model. I could throw some serious money at the game, but because my PED is only considered a "contingent liability" that means in the event of a company shutdown, me and every other player wouldn't likely...

The "lookback" at 1:00... :laugh::laugh::laugh:

The way I've always felt about this is that if the mob is attacking another player, you should leave it alone (unless of course they are running away from it). I was recently messing around Icarus trying to finish the iron mission, but I would sweat mobs for a bottle first before killing them...

I'm in agreement here. Sold out about 3 years ago, mostly because I didn't have much time to play, but also because I didn't really like the trend that was happening in MA's financials. Always stayed interested and lurking the forums and such. Once you've played a game with these kinds of...

Hey guys, so I sold off most of my account 3-4 years ago (save for my skills and few items that were important to me) since I wasn't able to play quite as much as I was at one point. I also followed Mindark's financial reports and it didn't seem that the company was headed in a direction that...

So they are still operating at a loss and their net sales are the lowest they have been in the last 5 years. Minus the deferred tax, their assets have grown smaller. Or in other words, without that tax, the company actually lost size, all while the Unconsumed User Holdings grew larger. On the...