Jump to content
Koumei & the Five Fates: Share Bug Reports and Feedback Here! ×

De, Please Please Do Not Do Business With Perfect World (Mega/hyper/ultrathread)

wendiGhoul

By wendiGhoul,
in General Discussion

 Share

Recommended Posts

Phobose

Phobose

Posted
Posted

 

I agree with you. 

This agreement is nothing to panic about if you know what the documents are actually stating.

Let me explain this rationally. I apologise to those who have expressed great disagreement to this, but please, do not rule this side of thinking out.

 

For the first source I will explain: http://iis.quamnet.com/media/IRAnnouncement/1089/EN_US/001947020-0.PDF

"PROPOSED INVESTMENT IN DIGITAL EXTREMES"

This line itself explains that the two companies, Sumpo Food and Perfect Online are proposing to INVEST in Digital Extremes (DE). This means that they want to put money into the company [DE] in hopes of profit. This investment into DE will definitely help the company in continuing their operations.

 

"...the Purchasers intend to purchase, and Vendors intend to sell, all the outstanding shares of Digital Extremes (“Proposed Investment”)"

In this case, the purchasers are the above two mentioned companies. The Vendors is the company [DE] or holders of these shares who wish to sell to the purchasers. Note the terms "outstanding shares", this refers to all the shares that DE has issued. The main point here is WHAT DE HAS ISSUED. To define shares, this is a unit of ownership of the company that represents an equal proportion of a company's capital. I have no knowledge of how many shares DE has issued, or if they issued any at all yet.
 
For this, I will explain what the person I have quoted is saying, "this is only a bad thing if Sumpo/PWE get enough shares to make decisions. If they do not, then all's well and DE just has more money to spend. If they do, then they can do pretty much what they want."
For example, DE might have issued 20% shares of their company. Perfect Online and Sumpo will buy all outstanding shares - this means they will purchase all the shares issued, that is, 20% of the company. It really depends on the amount that has been issued. Simply put, the amount of the shares sold does not have the amount of power on the company. They may have an influence and part ownership, but this does not mean that they will completely take over DE itself or affect their operations. If anything, they will only have influence but not total decision. This is why nothing has happened to Warframe as of yet.
 

"The Purchasers and the Vendors have not yet entered into any legally binding definitive agreement in relation to the Proposed Investment." This means that the vendors of DE who have shares can retract from this agreement. They don't have to go through with it.

 

Perfect World Entertainment (PWE) buying out DE? Not likely. We don't know how many shares have been issued.

Sumpo Foods? This is only a business selling chicken meat products. What can chicken meat products do to a game company? KFC us all?

"Perfect Online". This is, as stated in the document, "a company incorporated under the laws of Hong Kong, a wholly-owned subsidiary of 

Perfect World Co., Ltd. (“Perfect World”), a company listed on the NASDAQ Global Select Market. Perfect World is a leading online game developer and operator based in China." 
This is only a smaller branch company of Perfect World itself. They do hold influence by PWE but it's not likely that they will affect the whole operations of DE. 
 
Please do not read articles that simply state that DE will be "bought out" by PWE. It is all dependent on how many shares DE has issued. My assumption is, DE hasn't issued more than 50% of the company. [Don't hurt me!]
No need to panic, besides, the game isn't going to be ruined simply by this negotiation. I know that PWE has "ruined" games previously, as the majority of the community has stated. But please. We really need to consider that DE will not likely sell out the majority of their company. I'm sure DE wants to have majority of control over their operations, they are a customer satisfaction business only wanting the best for the community.
 
Don't fight DE or Perfect Online/Sumpo Foods. Do research, remember: you are more likely to believe in something that instills fear rather than reassures you. Media is one, "http://massively.joystiq.com/2014/07/02/perfect-world-entertainment-buys-digital-extremes/". No evidence to support the company has been "bought out". Where are the numbers? Truthful documents? Explanations?
 
Think rationally, people. I'm sure DE is concerned about this too, but only because the community is acting on this negatively. This negotiated investment is more likely to help DE continue satisfying their customers, the community, us, if it pulls through. I know this post is long... but I really hate seeing people panic and think about deleting their accounts or "abandoning ship" over something that hasn't been proven yet. Don't worry, no stress! The game is still good. It really depends on whether they have issued a lot of shares or not much at all. I'm sorry if this has come off as rude, but I want to calm your hearts. Calm down people, take it easy for the sake of DE so they can rest too.

 

Link to comment
Share on other sites
Letter13

Letter13

Posted
Posted

Yes. It's "over" because there's an article written on hype and rumor alone (seriously, that article is 100% speculative and rumor mill). Allow me to educate you on the existing state of things: What We Currently Know About the PWE Deal (Reddit)

 

So if by "over" you mean "nothing at all beyond DE saying 'We'll think about allowing you to possibly invest in a percent of our company shares which we dictate'" then yes, it's "over."

 

 

[size=2]P.S. it really isn't. Joystiq, MMObomb and a lot of those sites saying "IT IS DONE" are just generating hype/sensationalist articles designed to get views and spread further panic. They were written with 0 facts beyond the 2 facts of "Perfect Online Holdings has expressed interest in purchasing stocks of Digital Extremes" and "Digital Extremes has acknowledged the interests but has yet to say a single thing about the matter". Please, for the love of Booben, STOP with this panic spreading sensationalist rumor milling.[/size]

Link to comment
Share on other sites
Auramaru

Auramaru

Posted
Posted

Yes. It's "over" because there's an article written on hype and rumor alone (seriously, that article is 100% speculative and rumor mill). Allow me to educate you on the existing state of things: What We Currently Know About the PWE Deal (Reddit)

 

So if by "over" you mean "nothing at all beyond DE saying 'We'll think about allowing you to possibly invest in a percent of our company shares which we dictate'" then yes, it's "over."

 

 

P.S. it really isn't. Joystiq, MMObomb and a lot of those sites saying "IT IS DONE" are just generating hype/sensationalist articles designed to get views and spread further panic. They were written with 0 facts beyond the 2 facts of "Perfect Online Holdings has expressed interest in purchasing stocks of Digital Extremes" and "Digital Extremes has acknowledged the interests but has yet to say a single thing about the matter". Please, for the love of Booben, STOP with this panic spreading sensationalist rumor milling.

but- but... Illuminati and... and Y2K!  

Link to comment
Share on other sites
r110platinum

r110platinum

Posted
Posted

Yes. It's "over" because there's an article written on hype and rumor alone (seriously, that article is 100% speculative and rumor mill). Allow me to educate you on the existing state of things: What We Currently Know About the PWE Deal (Reddit)

 

So if by "over" you mean "nothing at all beyond DE saying 'We'll think about allowing you to possibly invest in a percent of our company shares which we dictate'" then yes, it's "over."

 

 

P.S. it really isn't. Joystiq, MMObomb and a lot of those sites saying "IT IS DONE" are just generating hype/sensationalist articles designed to get views and spread further panic. They were written with 0 facts beyond the 2 facts of "Perfect Online Holdings has expressed interest in purchasing stocks of Digital Extremes" and "Digital Extremes has acknowledged the interests but has yet to say a single thing about the matter". Please, for the love of Booben, STOP with this panic spreading sensationalist rumor milling.

Seriously, people. RELAX. DE IS NOT GETTING BOUGHT OUT BY ANYONE. PW JUST WANTS SOME STOCK SHARES. LISTEN TO WHAT PEOPLE ARE ACTUALLY TRYING TO SAY. 

 

If I see one more post like "waaaaaaaaah goodbye Warframe" I'm gonna rage.

Link to comment
Share on other sites
RaveRaptor

RaveRaptor

Posted
Posted

Yes. It's "over" because there's an article written on hype and rumor alone (seriously, that article is 100% speculative and rumor mill). Allow me to educate you on the existing state of things: What We Currently Know About the PWE Deal (Reddit)

 

So if by "over" you mean "nothing at all beyond DE saying 'We'll think about allowing you to possibly invest in a percent of our company shares which we dictate'" then yes, it's "over."

 

 

P.S. it really isn't. Joystiq, MMObomb and a lot of those sites saying "IT IS DONE" are just generating hype/sensationalist articles designed to get views and spread further panic. They were written with 0 facts beyond the 2 facts of "Perfect Online Holdings has expressed interest in purchasing stocks of Digital Extremes" and "Digital Extremes has acknowledged the interests but has yet to say a single thing about the matter". Please, for the love of Booben, STOP with this panic spreading sensationalist rumor milling.

Not only that, it's very well known Massively often has misleading articles with lack of information. They posted this almost two hours after Warframe players were talking about it

Link to comment
Share on other sites
Eternal_Shrine_Maiden

Eternal_Shrine_Maiden

Posted
Posted

I like how they mention our displeasure over this deal. Welp, back to World of Warcraft and Diablo 3 I go... It was a pleasure playing Warframe while it lasted.

 

Although I am somewhat shocked about this development, I am not entirely willing to panic or get demoralised from what is essentially still speculation and fear-filled rumours. Until the black & white confirmation by DE actually happens, I will just hope that all the speculation remains just that.

Link to comment
Share on other sites
WanderoftheAether

WanderoftheAether

Posted
Posted

 

 

I agree with you. 

This agreement is nothing to panic about if you know what the documents are actually stating.

Let me explain this rationally. I apologise to those who have expressed great disagreement to this, but please, do not rule this side of thinking out.

 

For the first source I will explain: http://iis.quamnet.com/media/IRAnnouncement/1089/EN_US/001947020-0.PDF

"PROPOSED INVESTMENT IN DIGITAL EXTREMES"

This line itself explains that the two companies, Sumpo Food and Perfect Online are proposing to INVEST in Digital Extremes (DE). This means that they want to put money into the company [DE] in hopes of profit. This investment into DE will definitely help the company in continuing their operations.

 

"...the Purchasers intend to purchase, and Vendors intend to sell, all the outstanding shares of Digital Extremes (“Proposed Investment”)"

In this case, the purchasers are the above two mentioned companies. The Vendors is the company [DE] or holders of these shares who wish to sell to the purchasers. Note the terms "outstanding shares", this refers to all the shares that DE has issued. The main point here is WHAT DE HAS ISSUED. To define shares, this is a unit of ownership of the company that represents an equal proportion of a company's capital. I have no knowledge of how many shares DE has issued, or if they issued any at all yet.
 
For this, I will explain what the person I have quoted is saying, "this is only a bad thing if Sumpo/PWE get enough shares to make decisions. If they do not, then all's well and DE just has more money to spend. If they do, then they can do pretty much what they want."
For example, DE might have issued 20% shares of their company. Perfect Online and Sumpo will buy all outstanding shares - this means they will purchase all the shares issued, that is, 20% of the company. It really depends on the amount that has been issued. Simply put, the amount of the shares sold does not have the amount of power on the company. They may have an influence and part ownership, but this does not mean that they will completely take over DE itself or affect their operations. If anything, they will only have influence but not total decision. This is why nothing has happened to Warframe as of yet.
 

"The Purchasers and the Vendors have not yet entered into any legally binding definitive agreement in relation to the Proposed Investment." This means that the vendors of DE who have shares can retract from this agreement. They don't have to go through with it.

 

Perfect World Entertainment (PWE) buying out DE? Not likely. We don't know how many shares have been issued.

Sumpo Foods? This is only a business selling chicken meat products. What can chicken meat products do to a game company? KFC us all?

"Perfect Online". This is, as stated in the document, "a company incorporated under the laws of Hong Kong, a wholly-owned subsidiary of 

Perfect World Co., Ltd. (“Perfect World”), a company listed on the NASDAQ Global Select Market. Perfect World is a leading online game developer and operator based in China." 
This is only a smaller branch company of Perfect World itself. They do hold influence by PWE but it's not likely that they will affect the whole operations of DE. 
 
Please do not read articles that simply state that DE will be "bought out" by PWE. It is all dependent on how many shares DE has issued. My assumption is, DE hasn't issued more than 50% of the company. [Don't hurt me!]
No need to panic, besides, the game isn't going to be ruined simply by this negotiation. I know that PWE has "ruined" games previously, as the majority of the community has stated. But please. We really need to consider that DE will not likely sell out the majority of their company. I'm sure DE wants to have majority of control over their operations, they are a customer satisfaction business only wanting the best for the community.
 
Don't fight DE or Perfect Online/Sumpo Foods. Do research, remember: you are more likely to believe in something that instills fear rather than reassures you. Media is one, "http://massively.joystiq.com/2014/07/02/perfect-world-entertainment-buys-digital-extremes/". No evidence to support the company has been "bought out". Where are the numbers? Truthful documents? Explanations?
 
Think rationally, people. I'm sure DE is concerned about this too, but only because the community is acting on this negatively. This negotiated investment is more likely to help DE continue satisfying their customers, the community, us, if it pulls through. I know this post is long... but I really hate seeing people panic and think about deleting their accounts or "abandoning ship" over something that hasn't been proven yet. Don't worry, no stress! The game is still good. It really depends on whether they have issued a lot of shares or not much at all. I'm sorry if this has come off as rude, but I want to calm your hearts. Calm down people, take it easy for the sake of DE so they can rest too.

 

 

I am WanderoftheAether, and i bump this post

Link to comment
Share on other sites
Letter13

Letter13

Posted
Posted

Letter13 id just give up trying to calm people I am trying to be calm and I am still worried

I've added a note at the beginning of the OP with a link to the incredibly objective and insightful Reddit page, along with a note to read it before jumping to conclusions.

 

Might help some calm their Boobens.

Link to comment
Share on other sites
Auramaru

Auramaru

Posted
Posted

Warning: I'm a noob in economics.

 

In all seriousness though, it doesn't make any sense why DE would sell ANY shares to any companies right now... If PWE is simply investing in DE's shares, then they are doing so because they think the value of said share are going to go up.  With that in mind, why would DE allow a DIFFERENT company to profit off of their own success when DE could be making the money?  

 

It makes NO sense unless PWE has interest in acquiring DE as a whole, later on.

Link to comment
Share on other sites
Shafilp

Shafilp

Posted
Posted

Seriously, people. RELAX. DE IS NOT GETTING BOUGHT OUT BY ANYONE. PW JUST WANTS SOME STOCK SHARES. LISTEN TO WHAT PEOPLE ARE ACTUALLY TRYING TO SAY. 

 

If I see one more post like "waaaaaaaaah goodbye Warframe" I'm gonna rage.

RIP warframe :P

Link to comment
Share on other sites
Kipp-vas-Xerinae

Kipp-vas-Xerinae

Posted
Posted

You know guys i'm actually surprised that we didn't get any true response about that subject... (or maybe not)

That means silence=yes? I don't know but it starting to looks like it is true...


[wild speculation]So changing license to Ltd and adding more grindwalls was just a preparation to what's coming? I don't know but like i said this doesn't look good...[/wild speculation]

Link to comment
Share on other sites
RJCz

RJCz

Posted
Posted

If DE gets bought out by PW I will regret every @(*()$ dime I've ever given to DE. And I've given them a lot of dimes. Everything PW touches turns to S#&$. DE, if you care about your company, your games, and your fans, you wouldn't do this.

Link to comment
Share on other sites
knightNeet

knightNeet

Posted
Posted (edited)

im done boycotting, im not going to stop playing because of rumors 

 

btw letter13 is right 

Yes. It's "over" because there's an article written on hype and rumor alone (seriously, that article is 100% speculative and rumor mill). Allow me to educate you on the existing state of things: What We Currently Know About the PWE Deal (Reddit)

 

So if by "over" you mean "nothing at all beyond DE saying 'We'll think about allowing you to possibly invest in a percent of our company shares which we dictate'" then yes, it's "over."

 

 

P.S. it really isn't. Joystiq, MMObomb and a lot of those sites saying "IT IS DONE" are just generating hype/sensationalist articles designed to get views and spread further panic. They were written with 0 facts beyond the 2 facts of "Perfect Online Holdings has expressed interest in purchasing stocks of Digital Extremes" and "Digital Extremes has acknowledged the interests but has yet to say a single thing about the matter". Please, for the love of Booben, STOP with this panic spreading sensationalist rumor milling.

 
Edited by knightNeet
Link to comment
Share on other sites
Guest
This topic is now closed to further replies.
 Share
Go to topic listing
×
×
  • Create New...