Star Citizen - Chris Roberts, lots of spaceship porn, lots of promises

[dsmart]

I was specifically responding to your assertion that the wealth of this project is going to a handful of people. No need to misrepresent my post and engage in name-calling.

You’re still an ignorant fool because it’s quite the stretch to not understand the context of my comment. How on Earth you came away with the notion that what I stated meant the wealth in “totality” went to them, is precisely how Star Citizen ended up getting $156M.

Saying someone is “ignorant” (lacking knowledge of facts, in this context) and a “fool” (ignoring facts) is not name calling. Grow up.

[dsmart]

I think you’re underselling how powerful self-deception can be. My feeling is the principals fully believe they can and will deliver on their promises. They see themselves as heroically persevering, conquering a herculean challenge.

That’s true from an external perspective. But many sources have stated clearly, and for which many articles have been written, that they know - full well - that the project “as pitched” couldn’t be made. There is no ambiguity there.

Yes, they are attempting to make a “game”, but NOT the game they are pitching and for which they keep raising money.

I mean, look at this shit.

StarCitizen Tracker

[BrianRubin]

StarCitizen Tracker

This is actually really useful, thanks!

[Paul_cze]

Jesus, how dare people invite friends to help them work on something. The gall of them!

[dsmart]

Jesus, how dare people invite friends to help them work on something. The gall of them!

That’s all you see in it? That they asked “friends and family” to help them “work on something”? Are you high?

[Paul_cze]

No, I am not high. Thanks for asking.

[Reemul]

Oh come on, putting family in stinks when it’s not more than a small family business. My father in law owns an insurance brokers employs around 80. He got a few decent offers for the business over time and he said he always got asked how many family members on board, what are their bonuses and how many have company cars and expense accounts. He always said none, I would only employ family members if they could really do the job I need not as some sort of gravy train.

The first family member to work for him was me, he is insurance and I am document management, I am only there till the project finishes.

The family stuff smells whiffy to me especially if you are trying to cover aspects of it…

[dsmart]

The family stuff smells whiffy to me especially if you are trying to cover aspects of it…

Precisely. There are many - many - businesses (mostly small businesses) which employ family members. The issue with CIG is that, using crowd-funded money, Croberts enriched his family and friends, most of whom are OVER PAID, in the furtherance of this scheme. There is a reason why “Unjust Enrichment” is a thing.

And aside from Erin, he did try to hide the fact that he was married to Sandi.

Of course, it wasn’t until I did my investigative blog that it came to light that all the people currently involved in the project, are the same same friends (excluding Ortwin) and family (excluding Sandi) who were involved in previous train-wrecks, namely that whole Gizmondo fiasco which I wrote about back in 2015.

Basically they are Roberts (all three), Elms (all three), Derek Senior, Tony Zurovek, Ortwin and others on the fringe like David Swofford (marketing), Eric Peterson (who bailed earlier on) who go all the way back to the early days with Croberts.

If you don’t think that’s shady enough, they even removed her “Meet Sandi Gardiner” entry from the website shortly after my expose. This is the last capture from March 2013. And this was around the time she was going on interviews and claiming to have two degrees in marketing, so she was totally qualified to be VP Of Marketing for the project. All of which have proven to be false.

I don’t see how anyone thinks that if they had gone to VC for money, how any of this would have passed due diligence.

[Ryan_Kelly]

Heck, Erin, according to public records, is making almost 2x what anyone in his position in the UK would be making.

Is that according to this document?

https://forum-cdn.quartertothree.com/uploads/default/original/2X/8/83aa30f74766804d6b5efb6461ec123944bef2e5.jpg

I recall that being discussed previously in this thread:

Director pay actually looks quite reasonable, given there are three of them. But, this is just one of several Star Citizen companies, no? There are other companies incorporated globally related to this endeavor that they are also likely directors of and drawing additional salaries from?

Are you just referring to the aforementioned page, or do you have details of any other revenue sources?

[dsmart]

I recall that being discussed previously in this thread:

That’s not a discussion. That’s all conjecture. I wrote about Erin’s pay in detail, complete with citations. You should read them.

June 12, 2017
December 13, 2016
October 4, 2016

ps: There is only ONE director at that studio. Erin Roberts. It’s right there in the filings. Basically, using backer money, Chris built an entire studio for his brother. There is NO other reason for F42-UK to exist, when that team could have been based here in the US.

[rei]

Chris Roberts tried to hide that he is married to Sandi?

[dsmart]

Chris Roberts tried to hide that he is married to Sandi?

Yes he did. It’s hilarious actually. And when I wrote about it, complete with details, and even after other people did their own leg work, I got accused of stalking, harassment etc. But my attorney made quick work of Ortwin after he sent me a C&D. We never heard from them again.

[Ryan_Kelly]

ps: There is only ONE director at that studio. Erin Roberts. It’s right there in the filings. Basically, using backer money, Chris built an entire studio for his brother. There is NO other reason for F42-UK to exist, when that team could have been based here in the US.

This is where @sharaleo got the 3 directors number. On page one of the filing:

The Companies House page for Squadron 42 Limited also lists all three of them under the director role, with Derek Senior having resigned.

https://beta.companieshouse.gov.uk/company/08703814/officers

[dsmart]

The Companies House page for Squadron 42 Limited also lists all three of them under the director role, with Derek Senior having resigned.

There is only one “paid” F42-UK director. Erin Roberts (the only one with a paycheck). Which part did you miss?

Neither Chris, nor Ortwin, get a paycheck from F42-UK. Read the filings.

ps: The way “directors” work over there, is the same that “partners/president/ceo” work here in our corp structure.

pps. Also read p16 of the 2016 filing. Pay close attention to the line that says “amounts paid to the highest paid director” which went from 192,915 (2015) to 236,000 (2016)

[Ryan_Kelly]

pps. Also read p16 of the 2016 filing. Pay close attention to the line that says “amounts paid to the highest paid director” which went from 192,915 (2015) to 236,000 (2016)

The 2017 filing in case anyone else is wondering, since that line wasn’t included in the 2016 filing. It checks out, though.

[dsmart]

The 2017 filing in case anyone else is wondering, since that line wasn’t included in the 2016 filing. It checks out, though.

The 2017 filing isn’t out yet. That’s the 2016 filing. They filed it in June 2017.

09 Jun 2017 Full accounts made up to 31 December 2016

[Ryan_Kelly]

Ah, I see what you meant.

[kedaha]

How do you feel about CR’s brother receiving approximately $310,000 last year (excluding bonuses or perks) for his directorship in F42?

Do you not think that that seems quite high? Obviously it isn’t fraud, does it not seem like nepotism though?

[Destarius]

To be clear, director’s fees is in addition to salary received as an employee, right?

[dsmart]

To be clear, director’s fees is in addition to salary received as an employee, right?

No. The salary is the same, there is no additional payment for being a director/ceo/president etc