$213,784 Total July Land Sales

[HardWrath]

There is a difference between someone who points out the flaws that need to be fixed and someone who bashes MA and EU with every chance they get.

The people who bash MA and EU non-stop are the ones that are hurting this "game" more then anyone or anything else.

They cause MA to go numb to our needs and wants, and they scare away new players who would have otherwise contributed to the EU economy and community.

When you complain all of the time people just stop listening

[Lykke]

Originally Posted by gekkegerrit

Its great to see our beutiful universe going from strength to strength, go go go MA keep up the good stuff

on a side note...

there seem to be a lot of <other game> trolls posting on these forums, i recomend permenant forum bans for these entropia haters

YES! Let's all ignore the world outside! THERE IS NO SPOON!

[Lady Mercury]

Originally Posted by Etopia

There big diference between the thread made by player and the anounce made by MA.
Player was speaking about the LA only .. and i see those player often in forum.

I dont see much MA around , they come back from holliday , there godzillion support to reply , cash card that dont work .... lots of player wait for they withdraw to come ,there bug that make material to disapear and we are not compasate it , loot go down and up , but they are very often low ...And first things they do when they com back is braging about how much money they ganaid ...
I dont think its the best way to calm down player.
And we both now , this kind of advert wont bring player , but only whiner.
People who will think make lots of money in PE is piece of cake...
Thats kind of advert have nothing positif , nor for the game , nor for the economie , neither for the loot , of for the lag ... that will improve nothing , that will just remplace the cash cow that left the game with new whiner... nothing good for us , only for MA.




Read again the sentence , and think like MA doing PR.
First this is how MA see the turn over.Thats money that turn in the game.
Let us recall what MA call turn over.Its the amount of trade through auction that have be made in the game.
If an mk5 is bouth and sell 5 time in row for 5k ped , the turn over is 25k ped...Thats how it was explained last time MA come braging with number , by marco and player that are economist.
I am far from economist , but its what i had understand last time.
Also , read what MA write :

"In 2005, the Entropia Universe turnover (amount of virtual Project Entropia Dollars converted back into real world currency) was estimated at $165,000,000 US dollars."
In french , what is inside the () can be remouved , its used to bring more info on the subject , but it can be total remouved without altering the meaning.so left :
"In 2005, the Entropia Universe turnover was estimated at $165,000,000 US dollars."
And read they say "was" and " estimated" , so that mean this is an old figure.In french , i would wait for the actual estimation following..
You dont give a old figure if you dont have the new one... and usual , you brag about how finally you are better than your old figure

Now , lets have a look about the content of the () : (amount of virtual Project Entropia Dollars converted back into real world currency).
That mean for me , the number they give you is converted back in real world curency AKA US$ , they dont give you the turn over in PED , because this PR is not for player , its for people who have no clue about PE , so better speak to them in real world curency.

PS: i tryed to find the old marco post about that subject , aka the turn over they posted in 2005 for 2004.
But its seems there are missing marco post , or i am dumb in searching , or maybe i need to be prenium members , but i can not find older post than 02-09-2006, 09:06 AM.
So if someone more skilled than me can take a look to the subject from last year it would be nice

argh!
I was to quote, and write exactly the things you point out in your post but I saw that you was first writing it.
Soo, I think you got it all in that post and thats it! Really nice to see some scepticism towards MA. They DO have to think about what they are doing. Read Etopias list of "things to be done before bragging about money"!
Ashame!

I do also realize that everyone working at MAHQ cannot deal with only supportmessages, only the ATM cards or the ingame infrastructure only.
But for god sake? If you know that the vacation period a time when your spammed with Support letters about such as ordinary bugs and problems, and the ATM card! Don't ever release something big and run off for a 4-6 weeks long vacation, leaving only a few support persons at MAHQ. Ashame again!

MA! You have to think before you act! I think your vision of this games economy such as in your pockets and ours are a lot of crap..crapcrap..


This turned out to be a bit oftopic, but I really had to get those things said as many others. Sorry

[Dannen]

MA have a licence to print money - employee needs a new car? Create a new LA and watch the usual suspects bid for it.

then ...

Create a press release about the tiny minority who can afford to purchase the virtual land, add a little spin and lo and behold, everyone in the 'game' has a chance of owning a chunk of Amethera! New players will flock to the 'game', PA will get laggy again, and a bunch of noobs will be hanging around Camp Phoenix asking everyone else if they have anything spare they can have (anything? please? I'll take it off your hands! ARRGGGG noobs!! ) and wondering where the money is.

MA will be laughing all the way to the bank.

Wish I was a shareholder

[Asti]

Originally Posted by Etopia

PS: i tryed to find the old marco post about that subject , aka the turn over they posted in 2005 for 2004.
But its seems there are missing marco post , or i am dumb in searching , or maybe i need to be prenium members , but i can not find older post than 02-09-2006, 09:06 AM.
So if someone more skilled than me can take a look to the subject from last year it would be nice

I found this post: http://entropia-pioneers.kicks-ass.o...oject+entropia
It has partial info of 2004.

This is the Annual Report for 2005, but it would not download for me. It should contain what you are looking for: http://www.mindark.com/docs/reports/MindArk_AR_ENGx.pdf

[Aziphirael]

Originally Posted by Frigid

Somehow, $165M was converted BACK into real currency. Is this just an accounting trick? Are all peds converted back to real currency at some point? I don't know. All I know is $165M is a a HECK of a lot of LA's...and I don't see 400 different people bidding on them.

Well the accounts do not suggest that $165 million was withdrawn http://www.mindark.com/docs/reports/MindArk_AR_ENGx.pdf

I've been examining them again.

Total Gross Deposits into EU for 2005 was 47,320,820 PED
Total Gross Deposits into EU for 2004 was 29,072,475 PED
Total Gross Deposits into EU for 2003 was 6,492,297 PED

I'm more likely to trust the accounts then the press release too be honest as theres far larger penalties for lying on it ;-)

Total Withdrawals are highlighted on page 14:
The company’s revenues consist of the cash funds supplied by users of the Entropia Universe.
The net revenues are presented in the income statement after the deduction of user requested reimbursements.

(Note: This is now in SEK and not US$)
Gross Revenues:
2005: 31,340,790
2004: 17,780,672

Reimbursements:
2005: -3,122,038
2004: -872 788

Net Sales:
2005: 28,218,752
2004: 16,907,884

From the Net Sales of 28,218,752, EU made an operating profit of 6,543,950 SEK.

One thing to note, the accounts show that MA are taking ALL cash deposited into EU to do their accounts. Its not just decay they are taking.

If MindArk's care for money would be equaled by their care for the game, I would be happy.

And yea, I am glad they sold for that much, is some good sign from some point of view.

[HardWrath]

Originally Posted by Dannen

MA have a licence to print money - employee needs a new car? Create a new LA and watch the usual suspects bid for it.

then ...

Create a press release about the tiny minority who can afford to purchase the virtual land, add a little spin and lo and behold, everyone in the 'game' has a chance of owning a chunk of Amethera! New players will flock to the 'game', PA will get laggy again, and a bunch of noobs will be hanging around Camp Phoenix asking everyone else if they have anything spare they can have (anything? please? I'll take it off your hands! ARRGGGG noobs!! ) and wondering where the money is.

MA will be laughing all the way to the bank.

Wish I was a shareholder

Actually, everyone in the game does have a chance to own land. If you currently lack the financial wherewithal in real life to deposit and then buy a land area then earn the money in the game one ped at a time.

Owning a land area is the TOP investment in this game. In real life can you start at the top? Is your first job as a kid the CEO of a large company? Unless you are among the fortunate few who are lucky to be given what they have by people who have worked hard then you must start at the bottom and work hard yourself and if you are successful at this then you will have amassed some wealth that you can pass on to whom ever you choose.

If you choose to spend your money on skilling then that’s your choice. If you choose to spend you money on in-game cloths, apartments, art, furniture, and expensive weapons that you don’t fully understand then that’s your choice too. If you choose to invest small amounts here and there in order to turn those small investments into big investments then that’s your choice as well.

First you must accumulate and SAVE money before you will have enough of it to invest in something big.

There are HONEST ways to resell and trade. I made 20,000 PED in a few months just through buying and selling the stupidest stuff you could imagine... art, furniture, and decorations. When I had a shop I made about 10K ped, and when I sold that stuff on the auction I made another 10K PED. I bought entire apartments and estates full of furniture and crap from people who were selling out. They were more then willing to sell it at just under market value because they were getting rid of it all at once and they knew that I was just going to resell it. Because I bought and sold at fair prices people came to me. I didn’t need a shop, I didn’t need to advertise, I had built a reputation as a good and honest trader and people thanked me for it.

...Don’t think you are going to make it big in the furniture market during the summer though, it’s very slow at the moment in this market and that’s why I got out.

If you are smart enough, you CAN sustain your self through hunting and your can even make money consistently... then when you are lucky enough to hit a few BIG loots maybe you can change from being a full time hunter into being a land owner.

There are people who consistently make money through crafting and mining as well.

Although the options for making PED in this game are limited they DO exist.
You can choose to figure them out, just play and have fun, come on the forum and whine, or just quit the game. Personally I don’t care what you do just as long as you don’t come here and whine about it.

I really don’t understand how envy and jealousy of other people’s wealth turn into an entitlement mentality with some people.

[Sonya Heart]

Its a nice bit of press for MA and gratz the game is taking off, However with support tickets going 2 weeks unanswered and bugs such as the bot bug going unfixed spending the time to make a press release on land sales is a little off.

Its good for all of us that MA is doing well but MA gives the impression that the press views are more important than the player views which is not good.

I would love to see a press release like this :

Mindark eliminates all bugs and has the first bug free online universe.

Wouldnt that be nice and would attract far more people!

[Etopia]

Originally Posted by Asti

I found this post: http://entropia-pioneers.kicks-ass.o...oject+entropia
It has partial info of 2004.

This is the Annual Report for 2005, but it would not download for me. It should contain what you are looking for: http://www.mindark.com/docs/reports/MindArk_AR_ENGx.pdf

Thanks , but its not what i look for.
I rememnber that when marco posted som PR number 1 year ago , he spoke about turnover , and after som post to clarify the whole things , he explained , it was the "in game auction turnover" ... and so , its not hard to bring very big number that mean nothing with such a figure as auction turnover.