Daphne Jones Posted April 4, 2021 Share Posted April 4, 2021 Is that true? Official announcement somewhere? I assume this is the beginning of shutting the game down so the corporate overlords can take their server tech and run. Link to comment Share on other sites More sharing options...
blazemonger Posted April 4, 2021 Share Posted April 4, 2021 While JC is no longer CEO, that does not mean he is fired. Also, see this Link to comment Share on other sites More sharing options...
Daphne Jones Posted April 4, 2021 Author Share Posted April 4, 2021 Just to clarify something, I stay out of blazemonger's threads and it would be polite if he would stay out of mine. Link to comment Share on other sites More sharing options...
CptLoRes Posted April 4, 2021 Share Posted April 4, 2021 This is what we know so far. According to this site, 2 days ago JC got replaced as President of NovaQuark by a Mr Nicolas Granatino. And this Nicolas person is one of the owners of a VC company that is the lead investor in NQ. Istanicas and Daphne Jones 2 Link to comment Share on other sites More sharing options...
Lethys Posted April 4, 2021 Share Posted April 4, 2021 ItsIts a public forum, everyone can Post wherever he wants. Smh some ppl Official NQ statement still missing but I guess they will write something on tuesday. Or a week later. Or never. Who knows Nordwulf, iNFiDeL, Istanicas and 1 other 4 Link to comment Share on other sites More sharing options...
SirJohn85 Posted April 4, 2021 Share Posted April 4, 2021 A brief public reserche revealed that they went to the same college. They therefore seem to be friends. Daphne Jones 1 Link to comment Share on other sites More sharing options...
Burble Posted April 4, 2021 Share Posted April 4, 2021 This forum will not survive with anyone half competent at the helm. Worst marketing asset in history. I think it has come to that point now. Who wants my stuff? Daphne Jones 1 Link to comment Share on other sites More sharing options...
blazemonger Posted April 4, 2021 Share Posted April 4, 2021 4 minutes ago, Lethys said: ItsIts a public forum, everyone can Post wherever he wants. Smh some ppl Exactly.. love the thought though.,. Official documents show that JC resigned as chairman and Nicolas Granatino was appointed as the new chairman. Lethys and Istanicas 2 Link to comment Share on other sites More sharing options...
Daphne Jones Posted April 4, 2021 Author Share Posted April 4, 2021 5 minutes ago, Lethys said: ItsIts a public forum, everyone can Post wherever he wants. Smh some ppl There's a difference between what someone is allowed to do and what it's polite to do. Link to comment Share on other sites More sharing options...
DreadZep Posted April 4, 2021 Share Posted April 4, 2021 Wait till he finds out there is literally nothing of value to sell here...no one wants a top heavy network scheme, that monthly subs cant even support if each individual user is able to exceed their sub fee in data usage, it's just a pile of garbage no one will want except for maybe some inept govt institution that doesnt know any better Daphne Jones and XKentX 2 Link to comment Share on other sites More sharing options...
Lethys Posted April 4, 2021 Share Posted April 4, 2021 1 hour ago, Daphne Jones said: There's a difference between what someone is allowed to do and what it's polite to do. Sure. Keep on rocking Link to comment Share on other sites More sharing options...
Bazzy_505 Posted April 4, 2021 Share Posted April 4, 2021 Well about 18months too late, most likely appointed by principal creditors prior to liquidation proceedings Bollox and Daphne Jones 2 Link to comment Share on other sites More sharing options...
Revelcro Posted April 4, 2021 Share Posted April 4, 2021 Is this like ducktales where they let the guy who regularly crashes the planes fly so that he can crash the broken plane since he has the most experience crashing planes? Daphne Jones 1 Link to comment Share on other sites More sharing options...
joaocordeiro Posted April 4, 2021 Share Posted April 4, 2021 Well @Daphne Jones this news are to important for your issues with blaze to matter. You asked for a source, i gave it to you. About the news. I hope its true. The current situation is unsustainable. The technology has great value. If this company succeeds under new management or if it sells the tech ot is batter than this limbo state. Link to comment Share on other sites More sharing options...
Bazzy_505 Posted April 4, 2021 Share Posted April 4, 2021 7 minutes ago, Revelcro said: Is this like ducktales where they let the guy who regularly crashes the planes fly so that he can crash the broken plane since he has the most experience crashing planes? More like replacing the guy who has never flown a plane with a guy who can crash-land it with broken off landing gear, scraped off belly and mangled propellers somwhere reasonably close to the recycling center. Revelcro and Daphne Jones 2 Link to comment Share on other sites More sharing options...
blazemonger Posted April 4, 2021 Share Posted April 4, 2021 1 hour ago, DreadZep said: Wait till he finds out there is literally nothing of value to sell here. I doubt he's there to sell anything and as the CEO of the primary investor for Novaquark's 22M funding rounds so far he is well aware of what goes on inside NQ.. These are VC investor's , not PE ones.. Link to comment Share on other sites More sharing options...
EasternGamer Posted April 4, 2021 Share Posted April 4, 2021 8 minutes ago, blazemonger said: I doubt he's there to sell anything and as the CEO of the primary investor for Novaquark's 22M funding rounds so far he is well aware of what goes on inside NQ.. These are VC investor's , not PE ones.. What does "PE" mean here? Lol, I'm familiar with that term. Link to comment Share on other sites More sharing options...
Daphne Jones Posted April 4, 2021 Author Share Posted April 4, 2021 1 hour ago, joaocordeiro said: Well @Daphne Jones this news are to important for your issues with blaze to matter. You asked for a source, i gave it to you. About the news. I hope its true. The current situation is unsustainable. The technology has great value. If this company succeeds under new management or if it sells the tech ot is batter than this limbo state. Where did you give a source? I missed that. I did se the source CptLoRes gave (which was really sparse and I don't know how to validate it.) Link to comment Share on other sites More sharing options...
blazemonger Posted April 5, 2021 Share Posted April 5, 2021 57 minutes ago, EasternGamer said: What does "PE" mean here? Lol, I'm familiar with that term. VC is Venture Capital PE means Private Equity Link to comment Share on other sites More sharing options...
GraXXoR Posted April 5, 2021 Share Posted April 5, 2021 This is a bit unusual, when a CEO changes, there is often at least a press report of some description, and often a letter of intent from the new head honcho and or a letter of departure from the previous one. Daphne Jones 1 Link to comment Share on other sites More sharing options...
Daphne Jones Posted April 5, 2021 Author Share Posted April 5, 2021 3 hours ago, EasternGamer said: What does "PE" mean here? Lol, I'm familiar with that term. Private Equity? I'm not sure that's actually different from VC, except that VC is a business rather than someone hoping to ride the company's coat tails to wealth. Link to comment Share on other sites More sharing options...
BlindingBright Posted April 5, 2021 Share Posted April 5, 2021 5 hours ago, Revelcro said: Is this like ducktales where they let the guy who regularly crashes the planes fly so that he can crash the broken plane since he has the most experience crashing planes? More like they made scrooge mcduck the pilot mid-air so they could sell it before it crashes into the ground. Mr McDuck owns a large part of that plane and needs to get his money back. Revelcro 1 Link to comment Share on other sites More sharing options...
Revelcro Posted April 5, 2021 Share Posted April 5, 2021 5 minutes ago, BlindingBright said: More like they made scrooge mcduck the pilot mid-air so they could sell it before it crashes into the ground. Mr McDuck owns a large part of that plane and needs to get his money back. Hey as long as we no skin in the game we can watch the schadenfreude unfold. Link to comment Share on other sites More sharing options...
Demlock Posted April 5, 2021 Share Posted April 5, 2021 1 hour ago, GraXXoR said: This is a bit unusual, when a CEO changes, there is often at least a press report of some description, and often a letter of intent from the new head honcho and or a letter of departure from the previous one. If we don't get any press release or statement from either of them then I suspect the worse for DU. If the guy taking over has a history in finance and not really in game development then I believe he'll look at calculating the risk-to-reward of pushing development of the game vs. Selling the tech to Microsoft. Which one would yield the most money and over X amount of quarters and years. SWAT analysis of keeping the game up and probability it would succeed if they changed up how they ran it's production. If JC gives his response and not the new guy, then DU's in for some rough rode If the New guy gives a press release and not JC, then DU may have a chance because it shows the new guy fully intends on making DU a success. blunted 1 Link to comment Share on other sites More sharing options...
le_souriceau Posted April 5, 2021 Share Posted April 5, 2021 9 hours ago, DreadZep said: Wait till he finds out there is literally nothing of value to sell here...no one wants a top heavy network scheme, that monthly subs cant even support if each individual user is able to exceed their sub fee in data usage, it's just a pile of garbage no one will want except for maybe some inept govt institution that doesnt know any better Yes I thinking about this too -- like mr. Granatino will soon find out, that mr. Baillie... told him not all truth about actual state of affairs. Seen it IRL, once in place I worked. Like new leadership instantly gone from mild patronizing optimism (right after aqusition), to rabid WTF mode (when figured out they were tricked), kicking everyones butts and closing place in 2 months. Daphne Jones 1 Link to comment Share on other sites More sharing options...
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