@Llama8 & @Tibone - Ok cool. I wasn’t sure if they did something like that already
You should really read the posts again.
I brought up the cosmetic points up being needed for POE as a free to play game. Which you brought up wasnt needed… but oke… haha just read your own post.
The discussion about that wasnt about LE. LE. is a payed product as i said a few times before… i never said it IS needed in LE so i dont get it but this discussion is useless. You seem to stubborn. You can disagree on things ofcourse but POE not needing cosmetics etc to get money so they can pay the devs and getting leagues out is just facts. So i dont care if you disagree to be honest.
If you dont believe me do your own research… i guess anyways this discussion is closed. The discussion should be about LE. were going to off topic.

You can disagree on things ofcourse but POE not needing cosmetics etc to get money so they can pay the devs and getting leagues out is just facts.
Well, this akward…lol I am just rereading whole conversation and we both were indeed talking about different things.
Anyway, for this one part, I know PoE needs MTX never argued otherwise, but I would argue they really don’t need these expansive armor visuals. There is still tons of things they are monetizing. And they are really pushing it to extreme - just think about it, they grew from garage company with 6 team members to over 60 people in nice new office building without Tencent. Do you really believe they “need” so much microtransactions and cosmetics?
I thought they grew much larger than that without any “assistance” from Tencent. Also, given that Tencent bought the shares from the original shareholders, all of that cash would have gone to the shareholders (Chris, etc), not GGG unless there’s been an investment in GGG from Tencent that’s not on their stat accounts (which there wasn’t in the FY1819 ones).
To be fair, I don’t know exact number, I just remember, when they were moving to new building, they had over 60 people. It’s very possible they got much more after this period of time.
For where the money went, I am pretty sure shareholders put big part back into company - at least according Chris, he was putting money into company from own pocket for years - whatever this means for them
Anyway, as meesterg said, we are really deep in offtopic territory and honestly, I thought that my two days debate here was about LE and potential monetization of LE, but clearly it was not so :D… I am sorry for pushing thread into this direction.
No problem, if @Kiss_Me_Quick is allowed to go off on one about psychology, I’m allowed to do the same about accounting.
I’m not surprised that Chris and others were putting money into the company back in the day (early on in a company’s life, it’s all about having enough cash to pay your bills on time-ish), but all I can say is that there’s no disclosures of it in the FY1819 accounts (which I would have expected) so it’s possible that it was all paid back (which would be reasonable given the amount of cash GGG has - Kiwi Dollars 85.7m!) & IMO, unlikely that the cash from Tencent was put back in (GGG don’t need the cash) since that would either be as a loan to the company (which doesn’t need the cash) or as an investment which would make a mockery of Tencent buying the shares from the original shareholders if those people are then going to go & buy more shares from GGG. Just doesn’t make sense.

ince that would either be as a loan to the company (which doesn’t need the cash) or as an investment which would make a mockery of Tencent buying the shares from the original shareholders if those people are then going to go & buy more shares from GGG. Just doesn’t make sense.
Well, you clearly understand situation better than me so I am not going to argue here, I just want to say that this is first time I see how much money company has. If you wont mind, where did you get that info? And how old this information is?

No problem, if @Kiss_Me_Quick is allowed to go off on one about psychology, I’m allowed to do the same about accounting.
I got it from GGG’s most recent (year ending 31 March 2019) statutory accounts:
https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/1887410/documents
If NZ’s deadlines are the same as the UK’s (reasonable since the format of the stats is the same as ours) then they will need to submit their next ones by 1st Jan 2021.
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