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[Voxel_Squid]

So how is everyone coping with this shitstorm in the economy? I've decided to just double the size of my store and allow it to construct for the next 30 or so hours. Hopefully by then the dev would have come up with some sort of solution for this madness.

[MrWiggles]

I havent been import flipping during it. Though all my stock from that has been bought up. Still not sure if I should make my own well and power plant.

[forsaken1111]

So how is everyone coping with this shitstorm in the economy? I've decided to just double the size of my store and allow it to construct for the next 30 or so hours. Hopefully by then the dev would have come up with some sort of solution for this madness.

Sold everything, bought stock.

Also LEGION stock is all bought now. >.>

[Lord Allagon]

7 million debt isn't that much really, unless it's anything like my junk company which has no assets/sales/production/profit/no hope.
Your best bet is to sell your shares and abandon ship.

7G, sorry.

[MarcAFK]

yeah it's boned, sell everything you have of it before it hits $0.01 a share.

[andrea]

playing a bit with stocks, earning 10M, becoming CEO of a company that can( and will) be recovered, became chair and ceo of a couple other that are worthless. one is so worthless that I don't even bother selling the few stocks I have in it, while the other has some money , and I am going to play with it a bit ( building factories), even thought it is doomed. ( 50M interests daily)

[Lord Allagon]

YES! Someone bought stocks and it's at 1,76/share! I sold everything, but somehow I'm still CEO.. How do I appoint someone?

[dei]

So how is everyone coping with this shitstorm in the economy? I've decided to just double the size of my store and allow it to construct for the next 30 or so hours. Hopefully by then the dev would have come up with some sort of solution for this madness.

I'm doing fine. After reading the past two pages I'm considering building a power plant, well and a lumberyard in case if this chicanery with people like RIPOFFSCAM ever happens again. Though if I do that it will cost me another million credits just to get another plot of land for a beverage plant, so I can make use of my q10 chocolate milk technology and make higher quality water.

I probably won't have to build the well and power plant for a while though, seeing as I've got around one and a half million q16 water, and from what I read water prices are going down again. Plus the most consuming thing I make electricity wise is either cocoa butter or sugar.

Also...

Spoiler (click to show/hide)

Date   News
Apr 21, 2012
9:42 AM   Errol Inc. bought 3344 units of Milk from your company for a total of $9,498.63 after commission.
Apr 21, 2012
9:34 AM   Frontline bought 100000 units of Cocoa Beans from your company for a total of $570,000.00 after commission.
Apr 21, 2012
9:34 AM   Surprise inc bought 10000 units of Sugar Cane from your company for a total of $56,905.00 after commission.
Apr 21, 2012
9:33 AM   You have successfully paid off $90,000.00 of your loan.
Apr 21, 2012
9:22 AM   Wuwu Inc. bought 2000 units of Sugar from your company for a total of $13,281.00 after commission.
Apr 21, 2012
9:21 AM   Wuwu Inc. bought 2676 units of Sugar from your company for a total of $16,524.30 after commission.
Apr 21, 2012
9:20 AM   Platzkart Inc bought 20000 units of Licorice Roots from your company for a total of $113,810.00 after commission.
Apr 21, 2012
9:20 AM   Platzkart Inc bought 2000 units of Licorice Roots from your company for a total of $9,481.00 after commission.
Apr 21, 2012
9:19 AM   Morgan Industries bought 10000 units of Cocoa Butter from your company for a total of $142,405.00 after commission.
Apr 21, 2012
9:14 AM   Qwality Apps bought 10000 units of Cocoa Powder from your company for a total of $66,405.00 after commission.

I'm now back up to $2.04 M after this, and my company, Brasswick Confectionery, has a net worth of $4.41 M. My goal right now is expanding the 45mē confectionery I have to a size that would allow it to make ten-thousand units of milk chocolate bars in four hours. At it's current size it can make two thousand in that much time. Does this mean I have to expand the confectionery to five times it's current size, which would be 450mē 225mē? If not, how large should I expand it to meet this little goal of mine?

[Paul]

5x the size means 5x the production.

You also have to take into account the reduced time for producing more. You can see the timer for producing 10k bars in your current factory, divide that time by 4 hours, and multiply that number into your store size to see how big it needs to be exactly.

[Sirian]

So, i've been pretty busy, i'm getting tons of cash from overpricing food on the b2b market, so i've made a new company, "Source Industries", which will provide me with electricity, quality water, wood, and all sorts of containers. This allowed me to sell my well and power plant, and build more food processing factories. Since i'm selling so well on B2B i've also decided to sell my stores, they cost a lot in maintenance and don't generate money fast enough.

Doing good so far i'd say.

Edit : oh and i also used the outsourcing r&d thing quite a bit, making a huge progress in quality on many goods.

[Paul]

But it's generally better to make larger production runs though, especially with such small factories.

Just as an example, producing cameras in a size 10 factory: If I produce 4 hours worth I get about 25, 8 hours worth I get about 52, if I produce 24 hours worth I get about 169, if I produce 48 hours worth I get about 358. And your resources and cash used per hour stays the same - so those 358 cameras cost the same to produce as 300 cameras if I was doing 4 hour production runs. Larger factories let you make even larger production runs at further reduced costs. A size 500 factory producing them for 24 hours would produce 11370, making them at about 1/3 less time and cost as the size 10 factory doing 4 hour runs.


-edit-
Gah, wth is up with the quests in this game? Kemp Fine Comestibles is getting quests to produce carbon fiber. I'm a freaking food manufacturer - all my factories are plantations, hot food factory, food processors, slaughter houses, livestock farms, smoke houses, etc. All of my research is in food production. Why is it giving me quests to produce industrial goods?

[TheCze]

How exactly does taking over other companies and becoming CEO work? Could someone elaborate this for me?

[Paul]

Buy a controlling interest in the company (more shares than anyone else - currently everyone automatically votes for themselves and can't work together to elect a certain person, so all you need is 1 share more than the guy who owns the most).

Then after about 15 mins or so it transfers to you.

Heh, Deys Group bought up all the milk, combined it into one big lump of Q16, and put it back up for $10. I'll have some more Q25 milk tomorrow to sell at reasonable prices.

[Sirian]

I don't get why so many people try to buy controlling shares in a company and then try to get it back on it's feet instead of simply starting their own new company.

[forsaken1111]

I don't get why so many people try to buy controlling shares in a company and then try to get it back on it's feet instead of simply starting their own new company.

Buy company stock cheap, get control. Improve company stock by strengthening company. Once stock goes up, sell stock and run store into ground. Withdraw all money