Can anyone please explain this?

From what I can gather, this lawsuit is due to use of IP (Intellectual Property) and as such you will probably get nothing more about the proceeding (unless you want to go to Singapore and sit in the courtroom) until the lawsuit are complete. Even then, this could be settled in a backroom and they have no obligation to share any information other than to say it was settled.

In Romania, everything that happens in a court may be considered public information (have no idea since I have no experience in their legal system) but that is not always the case in most courts in the world and most especially when IP is involved since those trade secrets need to be protected. I'm sure you can understand why this need for privacy exists, needs to be protected and not released to the general pubic.

Also, many times Civil case information is not made public knowledge for other reasons. The judge can seal the records for a variety or reasons.

Lastly, just as buying a copy of Microsoft Office 365 does not make you an investor in Microsoft, purchasing item on Arkadia does not mean you are "invested" in Arkadia (the development company). They owe no updates to you or any other customer of the game and being honest, it would be bad to discuss it with the general public until there is a reason to do so.

In Other Words, You will hear when there is something to hear so stop asking.......

 

What you say makes a lot of sense and OFC that it makes sense that sensitive infos like patent rights, copyright information or other similar things can't and shouldn't be made public; when I was talking about public infos I was more like talking about for example what compensations the accuser is asking for (ofc, no guarantee they will get that, but gives at least an idea about the level of risks); not saying now that necessarily full transcripts should be provided to the general public.

Also obviously I don't consider myself an investor in Arkadia Studios and I don't consider that they have any legal obligation towards me to provide any legal or financial infos, I just said that I wish they would do it (like MindArk does with their annual financial report and their externally audited CLDs income) and not leave us int he darkness.

Is just that I have about $400 invested in Arkadia properties (which for me personally are a lot of money) and I would like some help assessing if this lawsuit represent a real danger for my investments (in which case I should probably try to sell as long as I still can) or I can sleep worry free knowing that even in the worst case scenario I'm covered.

 

Mindark is legally obligated to publish their annual financial report.. Believe me, it's not by their choice. They are a Corporation with shareholders for which that report was prepared for (Not Us..). To not do that would land them in hot water.

Since you are obsessed with this and feel you need an answer, here is my last bit of advice.. sell out. If the pressure of having money tied up in this game is that much of a worry for you.. sell out. I've said it before.. There are no sure things in life and you need to look at this game the same as a casino.. Only put in the money you can lose. You obviously don't have the temperament to handle the risk of owning items in this game so it just best that you Sell Out.

 

Thank you for your advice; if I have to see EU as a casino, not as an investment vehicle, then yeah, it's very probably that I don't have what it takes to do it; in my vision even a 1% risk chance is too high.

 

DoA,

Your in-game assets are in no more danger than they were before this legal action commenced. Take a look at the status of NI apartments and gear as an example. The only risk to you is that MA somehow go out of business and this situation has no bearing on that scenario. Relax.

The only potential impact I see on us as players, is that arkadian development work may take a hit as legal cases cost money and time that could otherwise devoted to bringing us new content.

Regards,
KikkiJikki

 

If that is truly your vision you will have a hard time in life.

 

Well, TBH, that was what I kinda hoped to hear from the very beginning - an official answer that, in the worst case scenario, where Arkadia Studios lose the lawsuit, don't afford to pay and have to fill for bankruptcy, the planet will not be removed from the Universe (taking my apartments with it in the black hole), but would be taken over by MindArk and remain in a dormant, yet alive, status (just as in case of Next Island). I can live with slowed down or even totally ceased development, even with a dead planet like Next Island pretty much is, but I just wanted to know that my apartments are in no danger; other than that (and please excuse my shortsightedness) I don't care at all about what happens with Planet Arkadia, Arkadia Studios, David, the lawsuit or anything else.

 

Wow. This makes me sad.

 

I thought so, hence why the apologies.

One of my new life rules is to never care about an entity (either it is a person or a company) who doesn't care about me in the first place (and I mean at a personal, not at a statistical level, like "we care about our customers"); you know - never give back more than you received in the first place... and, well, ever since Lars disappearing (*sad face*), none of the other Devs showed that they do care about me at a personal level, so why should I care about them or about their venture then? I'm not the "fan" / "groupie" kind of person; if it is to care about / get involved with someone, it has to be a two way road.

It may not be nice, but is honest, fair and... healthy.

 

So Cynical at such a young age..