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[mattie2009]

>Use lazy button with 2000 cherries in storage
>Cherries set to sell at $1
>Before I can say "wat", the tick is up and all of the cherries vanish from my inventory
ffffffffffff

[The Darkling Wolf]

Yeah, I decided to not bother with retail.

Also, I'm manufacturing sporting goods all the time, so if you're interested in those, hit me up in IRC for good deals, my nick's Kyratzes.

[Paul]

lol, now someone bought majority shares in the company and embezzled all the money to Ball Mart by taking out a huge loan, smashing the factories and stores, and buying 80m or so worth of fur and feathers at highly inflated prices. Company was still OK before then, had no loan and over 40 mil in cash as well as a bunch of buildings.

I still made out well though, all the activity upped the share prices and I about doubled the price I paid for them. I feel bad for the poor guy who still owns 5 million shares, though.

-edit- Ball mart is the same one that stole all the money out of QRI as well, renaming it Fur Traders. Apparently that guy is making a fortune just embezzling millions out of every company he can buy haha.

[Brons]

Ball Mart is probably one of my main competitors. Lawsuits against him would help me out a lot.

[BallC420]

lol, now someone bought majority shares in the company and embezzled all the money to Ball Mart by taking out a huge loan, smashing the factories and stores, and buying 80m or so worth of fur and feathers at highly inflated prices. Company was still OK before then, had no loan and over 40 mil in cash as well as a bunch of buildings.

I still made out well though, all the activity upped the share prices and I about doubled the price I paid for them. I feel bad for the poor guy who still owns 5 million shares, though.

-edit- Ball mart is the same one that stole all the money out of QRI as well, renaming it Fur Traders. Apparently that guy is making a fortune just embezzling millions out of every company he can buy haha.

Highly inflated prices? It was 90% of Q-adjusted import which can be considered "objectively fair". Just a simple _FAIR_ swap of raw materials for cash.

Ball Mart prides itself in helping small businesses acquire quality goods at fair prices and would be happy to buy any Sporting Goods or Office Supplies that either QRI or GOONIE produces in the future (if the new owners decide to take the company that direction).

[Paul]

Are you serious? I'll have to assume your reply is just trolling. You couldn't be that stupid.

In both cases you sold the facilities and took out a maximum loan, then spent every single penny buying all your crap at prices higher than anyone would pay. It might be "fair" if the company had an actual need for a vast quantity of fur and feathers, but without the other required materials, money, and factory capacity to actually use them what is it supposed to do with them? All the new owners could possibly do is sell them at a big loss and hope someone out there buys them (otherwise export them at a huge loss), spend time rebuilding facilities, then try to salvage things before the $1 million daily interest fees bankrupt the company.

It doesn't really bother me, I made a fortune off the stock anyway since I bought it all at $2 or less and sold it at $5. Sucks for the other stockholders, though - and just gives us yet another worthless company on the list.

[BallC420]

Are you serious? I'll have to assume your reply is just trolling. You couldn't be that stupid.

In both cases you sold the facilities and took out a maximum loan, then spent every single penny buying all your crap at prices higher than anyone would pay. It might be "fair" if the company had an actual need for a vast quantity of fur and feathers, but without the other required materials, money, and factory capacity to actually use them what is it supposed to do with them? All the new owners could possibly do is sell them at a big loss and hope someone out there buys them (otherwise export them at a huge loss), spend time rebuilding facilities, then try to salvage things before the $1 million daily interest fees bankrupt the company.

It doesn't really bother me, I made a fortune off the stock anyway since I bought it all at $2 or less and sold it at $5. Sucks for the other stockholders, though - and just gives us yet another worthless company on the list.

Not trolling -- Just a little bit of RP'ing.

I also have transaction logs showing other companies buy the same goods from Ball Mart over B2B around the same time period for the same prices so they really were "objectively fair" and therefore it is not embezzlement. They could always just re-list on B2B to get enough money to build fur coats and stuff.

Although I looked through the books as I was chair again briefly and saw that Mr Howard <whatever his name is> (the Galt Industrial guy) went and sold his company all the gold stocks that were in GOONIE for a value very much under market rate.

Apr 20, 2012 3:17 PM Kemp Electronics bought 6192 units of Gold from your company for a total of $1,764,720.00 after commission.

[Paul]

Actually Kemp Electronics is mine. the Galt guy bought the gold from his other company at a super high rate. I put them on the market at the wholesale prices to liquidate them, then decided to buy and try to resell them for a bit more on my other company later (although so far nobody has bought any, so I might be stuck with them haha).

I guess I might be guilty of exploiting the company there, if I ever sell the gold at a profit Considering the gold sat on the b2b for a while at 300 and nobody else bought it I expect the gold market must be rather slow.

Pales in comparison to emptying the company out on feathers and fur though, haha.

I'm not saying I'm gonna sue you or anything. I sold all my shares of the company anyway. I just find the whole thing to be nutty - everyone is using the public companies as personal cash funds. Maybe I should jump on the bandwagon

[BallC420]

Pales in comparison to emptying the company out on feathers and fur though, haha.

I understand it's a fine line but really, it's the owner's fault for letting > 50% of the shares get out on the market. Once new management takes over, they can do whatever they want except straight embezzlement. B2B sales between public companies you control are fine as the prices are "objectively fair" and I can point to my price point of 90% Q-Adjusted import as being an objectively fair price.

The combination of borrowing 50% of NW along with delayed NW calculations are the mechanic that is broken here and I imagine it's an easy enough fix for the dev (do company re-appraisal as part of any significant transaction).

[dei]

Alright, I got started on my first batch of milk chocolate bars. The first two thousand units should be done by sometime around 11 PM PST, as will the rest of my production. I figure that if I want to repeat what happened this morning and make millions quickly, I should start producing larger batches for up to four hours at a time during the day, and eight to ten hour batches before I go to bed.

That way, I might be able to repeat what happened this morning and make a million credits in fourteen minutes. Perhaps even more, since now I've got I think seven or eight factories working on different things related to my business. Either way I think I've learned a lot from this thread.

And now, time for something completely different while those goods are manufactured and while my research continues.

[Paul]

I put the q22 eggs up on b2b at $1.5, if anyone needs quality eggs. I made a livestock farm to grow livestock, but they're so cheap on b2b I wound up making eggs and just buying livestock instead.

Also have some q20 tomatoes up. My q20 lettuce all sold, but I'm producing more. Maybe I'll do carrots too. I went into this as a hot food company, but wound up being a big veggie and egg producer

[BallC420]

Ball Mart is probably one of my main competitors. Lawsuits against him would help me out a lot.

What's your company name?

[Spectr]

I am now the proud owner of Life, and I am going to be selling Lemons.

[Brons]

Ball Mart is probably one of my main competitors. Lawsuits against him would help me out a lot.

What's your company name?

Berkshire Hathaway. But after further inspection you just seem to be randomly involved in some of my B2B markets and you actually bought from me. And you don't seem to be a competitor at all. Not sure why I thought that before.

[MarcAFK]

Investment in the car market is getting expencive (now paying 400,000 a day building maintainance), also i make far more from selling tires and seats at retail than cars which seem to sell one every hour or 2 at less that double cost (tires cost me $80 to make and i rake in a few hundred each)
But it's more interesting than retail grinding, which i still do to fund the investment.
Aso i expect to sell more cars now that i can lower the sales price, because my costs have halved as i make my own steel now.