MiniGame (S.MG), February 2016 Statement

Wednesday, 02 March, Year 8 d.Tr. | Author: Mircea Popescu
S.MG incoming and outgoing
Incoming Outgoing
Description Value Description Value
Copper sale 15.00000000i Game server 1.17415952ii
Loot pool provisioning 0.0
Total 15.00000000 Total 1.17415952
    S.MG assets
    Account 01.02.2016 Net change 29.02.2016
    Cash 8`463.64440568 13.82584048iii 8`477.47024616
    Tangiblesiv 269.19193313 0.17701290 269.01492023
    Intangibles and goodwillv 69.263672037 0.17701290 69.440684937
    Total assets 8`815.92585132
    S.MG liabilities
    Account 01.02.2016 Net change 29.02.2016
    Player holdingsvi 30.43619699 10.391494vii 40.82769099
    Shareholder equity 8`771.66381386 3.43434647viii 8`775.098160337
    Total liabilities 8`815.92585132

      S.MG has a total of 88`096`605 authorised shares outstanding. The shareholder equity per share implied value is thus 0.00009956 BTC.

      S.MG has Special Stock Warrants outstanding, as follows :

      # Fingerprint Shares BTC Par
      1 6160E1CAC8A3C52966FD76998A736F0E2FB7B452 88`096`605 8`809.6605 1
      3 5015BD3D0AE659C8B8632F31CF2950F23C844002 192`307 25 1.3
      4 E72DCCB73A5E06694C5CD781D5196EE6390F999E 10`000 1 1
      5 BBB0A99950037551F533850A677ABD62D0AEE7D7 10`000 1 1
      6 E72DCCB73A5E06694C5CD781D5196EE6390F999E 170`000 17 1
      T 88`478`912 8`853.6605 1.00065

        Provisional statement, will be considered accepted within 24 hours. Make any observations or corrections below.


        We've recruited/promoted long term player and noted client mod and bot author Diana Coman for the CTO position. We are issuing a warrantix for 170`000 shares as compensation for her work in the current month, and intend to continue issuing warrants for blocks of 250`000 shares per month going forward under this agreement. I am confident that her talents and dedication will benefit both game and publisher sensibly over the coming years.

        We are also issuing a warrant for a block of 10`000 shares to recognize the sustained effort of Juraj Variny, who most recently has started work on a CL version of the Eulora client, but throughout the years has contributed in numerous ways.

        There were some significant additions to the game during February, including a new and significantly more complex blueprint production mechanism. The broad plan is to release a new version of the game client - including more graphics and assorted player experience improvements - sometime around the end of the quarter (late April - early May) as well as periodicx server-side patches, fixes and improvements as they become available.

        Eulora seems set on a very nice growth curve - the economy shows definite signs of strength, while the playerbase is increasing at a faster rate than in any previous month. I am happy - and I wish every Euloran out there the best of luck!

        1. I was saying before that I contributed barely 2 out of 17 BTC foreign capital influx into Eulora "this month". As 5 BTC worth of trade in copper happened right on the cusp of the new month and was reported as part of last month's filings, that statement may be misleading. Meanwhile I added another 5, shoring up my position some - it's still weak (7/20 or about a third), but at least no longer catastrophically so. We could correctly say that of the 20 Bitcoin added in the past 30 days, I contributed 7, or else that out of the 15 reported in fiscal February, I contributed 5.

          This of course all sums up to a record month for foreign investment in Eulora. []

        2. A stronger BTC and better resource utilization allowed us to significantly reduce expenditure on this line. As the game grows, further increases are however expected. []
        3. If last month was a first, this one's a total blowout. []
        4. We lost ~70% more to the players than last month. Luck's a bitch.

          Here's a snippet of the evolution of the loot pools over time, for the curious (in million coppers, or Bitcents) :

          Feb 13th -- 26`907 ; 14th -- 26`909 ; 15th -- 26`910 ; 16th -- 26`912 ; 17th -- 26`909 ; 18th -- 26`905 ; 19th -- 26`903 ; 20th -- 26`902 ; 21st -- 26`902 ; 22nd -- 26`901 ; 23rd -- 26`903 ; 24th -- 26`908 ; 25th -- 26`912 ; 26th -- 26`906 ; 27th -- 26`903 ; 28th -- 26`905 ; 29th -- 26`905 ; Mar 1st -- 26`901 ; 2nd -- 26`904

          Sometimes - it jumps. []

        5. See last month for discussion on how this works. []
        6. The nominal (ie, what merchant pays) of all owned items plus cash held. The value of skills is nominally 0. []
        7. That's right - of the 1.5 bn ECu bought, merely 1 bn and some change found its way into the player's coffers. The rest disappeared, part as payment for official auctions (which were extremely successful this month), part as mark-up for the large and very popular mining bundles shipment from Europe, part for skill buying and other such expenditure. []
        8. Win. []
        9. See respective deed. []
        10. In general this should mean Wednesday evenings from 8 to 9 pm GMT, except of course in the case of emergencies, which are by their nature impredictable. []
        Category: S.MG
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        2 Responses

        1. [...] popped up for a moment, as a brief reminder that it's been 2 full years since I took up this position with Minigame. And what 2 years those have [...]

        2. [...] are however expected. [↩]Finally, we actually made gains in this chapter. To continue last month's snippet : Mar 1th -- 26`902 ; Mar 2th -- 26`905 ; Mar 3th -- 26`904 ; Mar 4th -- 26`905 ; Mar [...]

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