Dear Community,
Mindark had officially announced the Compet Deed owners to start receiving payouts starting on january 2017.
By now we are nearly 1 year later, still there has been no payouts.
What is worst of all is, I have asked them multiple times about it, through mail & through support.
None of these questions are being answered, as usual.
I know that many others have done this too.
I now want to get this out in the open, in the hopes that MindArk will finally do something. At the very least come with a statement.
So MindArk: Please stop keeping us in the dark, and come with an official statement, or even better: start the payouts as had been promised.
If MindArk refuses to do so, I would like to ask the community the following:
1. Does anyone know if what they do is legal?
1A. It sounds to me like they are taking money with false promisses, and that is considered fraud as far as I know
1B. From what I understood, there were 200.000 Compet Deeds sold, for a rate of 100 PED each, which is 10$ each, so a total amount of 2.000.000$. MindArk has stated they would be giving out 30% of the revenue to the players. That means that the investors their 30% is worth 2.000.000$, meaning that MindArk their participation of 70% should equal 4.666.667$.
Considering this, that means that MindArk valuated the total value of Compet to be 6.666.667$. Therefor I think they have to be able to prove their costs to us, no? Because this again sounds to me like they have deliberately overrated their project, which again is to be seen as fraude, isn't it?
2. If we have someone who has enough knowledge about this, might it be a possibility to form a group together? Can we come together as a group to form a lawsuit against MindArk?
Please note:
I do NOT mean to actually start a lawsuit, so please people, do not yet start doing this. I also don't want to start a discussion to lynch the MindArk employees. My main purpose for this thread is that I hope that MindArk will finally stand up and start talking to us about this project. However, since nice and friendly questions through mail & support boxes get blatantly ignored for about a year by now, I saw no other option but to bring this out in the open.
So:
1. This topic is to hopefully open the MindArk employees' eyes, to at least give us some announcement, or preferably start to keep their promisses.
2. Ask whether the above points are possible.
I am NOT asking for people to start grouping up against MindArk, I'm only asking if it is a possibility and if we do not break any rules/laws by doing so.
This thread is only because I see no other way in how to get them to respond, because if they blatantly ignore every question entered in their system about this, there is no way to actually get them to answer. Please, everyone who reads this post, know that this topic is not meant to start a flamewar against MindArk, but just to show MindArk that we are really expecting answers on our questions. After all, this is a 2.000.000$ investment, I don't think it is unfair that a group of people expects at least some feedback about an investment this big. I still hope that they will come with an answer though, so please, do not start insulting towards MindArk & their employees, but give them a chance to come with an answer.
@Mindark though, do realise that ignoring your investors is not a correct way of doing business. I think it is our right to request feedback, and the fact that you refuse to answer is what has brought me to make a public topic about this. This was never the intention, but after multiple requests over a year, I think it is fair to say that you are not showing any goodwill, as all I've asked for was feedback.
PS: Moderators, if this topic is against the forum rules, you may delete it. I tried reading through the forum rules before posting this, to be sure that I'm not doing anything wrong. However, I couldn't find a rule forbidding this topic. If I may have missed a rule, feel free to send me a PM informing me with the rule
Mindark had officially announced the Compet Deed owners to start receiving payouts starting on january 2017.
By now we are nearly 1 year later, still there has been no payouts.
What is worst of all is, I have asked them multiple times about it, through mail & through support.
None of these questions are being answered, as usual.
I know that many others have done this too.
I now want to get this out in the open, in the hopes that MindArk will finally do something. At the very least come with a statement.
So MindArk: Please stop keeping us in the dark, and come with an official statement, or even better: start the payouts as had been promised.
If MindArk refuses to do so, I would like to ask the community the following:
1. Does anyone know if what they do is legal?
1A. It sounds to me like they are taking money with false promisses, and that is considered fraud as far as I know
1B. From what I understood, there were 200.000 Compet Deeds sold, for a rate of 100 PED each, which is 10$ each, so a total amount of 2.000.000$. MindArk has stated they would be giving out 30% of the revenue to the players. That means that the investors their 30% is worth 2.000.000$, meaning that MindArk their participation of 70% should equal 4.666.667$.
Considering this, that means that MindArk valuated the total value of Compet to be 6.666.667$. Therefor I think they have to be able to prove their costs to us, no? Because this again sounds to me like they have deliberately overrated their project, which again is to be seen as fraude, isn't it?
2. If we have someone who has enough knowledge about this, might it be a possibility to form a group together? Can we come together as a group to form a lawsuit against MindArk?
Please note:
I do NOT mean to actually start a lawsuit, so please people, do not yet start doing this. I also don't want to start a discussion to lynch the MindArk employees. My main purpose for this thread is that I hope that MindArk will finally stand up and start talking to us about this project. However, since nice and friendly questions through mail & support boxes get blatantly ignored for about a year by now, I saw no other option but to bring this out in the open.
So:
1. This topic is to hopefully open the MindArk employees' eyes, to at least give us some announcement, or preferably start to keep their promisses.
2. Ask whether the above points are possible.
I am NOT asking for people to start grouping up against MindArk, I'm only asking if it is a possibility and if we do not break any rules/laws by doing so.
This thread is only because I see no other way in how to get them to respond, because if they blatantly ignore every question entered in their system about this, there is no way to actually get them to answer. Please, everyone who reads this post, know that this topic is not meant to start a flamewar against MindArk, but just to show MindArk that we are really expecting answers on our questions. After all, this is a 2.000.000$ investment, I don't think it is unfair that a group of people expects at least some feedback about an investment this big. I still hope that they will come with an answer though, so please, do not start insulting towards MindArk & their employees, but give them a chance to come with an answer.
@Mindark though, do realise that ignoring your investors is not a correct way of doing business. I think it is our right to request feedback, and the fact that you refuse to answer is what has brought me to make a public topic about this. This was never the intention, but after multiple requests over a year, I think it is fair to say that you are not showing any goodwill, as all I've asked for was feedback.
PS: Moderators, if this topic is against the forum rules, you may delete it. I tried reading through the forum rules before posting this, to be sure that I'm not doing anything wrong. However, I couldn't find a rule forbidding this topic. If I may have missed a rule, feel free to send me a PM informing me with the rule