Pan'Theon: Rise' of th'e Fal'Len - #1 Thread in MMO

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kaxfenix

N00b
248
0
Frenzic_sl said:
The money- It's widely agreed upon by all parties that this project took in roughly 145 thousand dollars. A large chunk of that money, 35k, came from a single individual who promised another couple hundred thousand once he cleared it with his trust. Brad was having personal problems at the time and needed to take a cash advance from the project. He took roughly three months pay in advance which equaled roughly 38% of the funds that were left. Brad thought the rest of the money would come in, but the trust supervisor declined without even looking into the project. Reason being, he didn't want to be sued if the start up failed. Brad admits that it was a mistake and wishes things worked out differently but the money is spent and there isn't anything he can do. He then went on to express that he was sorry for how it happened and is planning on liquidating personal assets to put the funds back into the project.
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WOW!!!!!!!!!!!!!!!!!!!!!!!!!
 
Adebisi

Adebisi

Clump of Cells
<Silver Donator>
27,919
30,747
I know we've speculated about him doing this just for one more payday.

Frenzic_sl said:
The past- Brad sees that many people are clamoring about the money he made before and why he is suddenly broke. He elaborated by saying, yes he made a lot of money with Everquest, but he also lost a great deal of money in the stock market in 2007. He went on to say that he has assets worth money, but no cash to his name.
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This doesn't help
 
Soygen

Soygen

The Dirty Dozen For the Price of One
<Nazi Janitors>
28,573
45,202
Well at least that trust fund adviser is doing his job right.
 
B

bayr_sl

shitlord
715
0
Yeah it's pretty much 100% that he's broke and the only reason he is maintaining the illusion of trying to make this game is because he thinks he can squeeze more money out of people
 
Abefroman

Abefroman

Naxxramas 1.0 Raider
12,597
11,941
Did I read that shit right? He took 38% from 145k? So he payed himself 55k for three months which comes out to 220,000 a year for a fucking start up?
 
F

Frenzic

Lord Nagafen Raider
884
61
an accordion_sl said:
38% of 145k is still $18 366.67/mo. That's fucking insane if he was expecting that kind of salary for an indie MMO.
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Not entirely correct. He said 38% of the money that was left after paying for different things, not 38% off the top. I'm not sure how significant of a change that is tho.
 
Kirun

Kirun

Buzzfeed Editor
20,000
16,472
Abefroman_sl said:
Did I read that shit right? He took 38% from 145k? So he payed himself 55k for three months which comes out to 220,000 a year for a fucking start up?
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Oh, man. This just keeps getting better...

Frenzic_sl said:
Not entirely correct. He said 38% of the money that was left after paying for different things, not 38% off the top. I'm not sure how significant of a change that is tho.
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Like what things? Wasn't the money supposed to be going to a "studio"? Then it was toward "back pay". Now they need money for a studio still...?
 
Adebisi

Adebisi

Clump of Cells
<Silver Donator>
27,919
30,747
Hey Guys,

I'm doing a kickstarter for Pantheon: The Movie. Here's the casting so far.

Brad as Jerry Lundegaard
Pantheon supporters as Jean Lundegaard
Angel Investor as Wade
KTAM radio interviewees as Margie
ReRolled as Carl and Gaear

I've also made a trailer. Back me if you like it!
 
Chukzombi

Chukzombi

Millie's Staff Member
73,931
215,918
whatever bullshit brad comes up with next its mindboggling how anyone would give him another dime now that they know that brad is making 6 figures from it. fuck that shit. dude isnt even doing any wrk.
 
G

gogojira_sl

shitlord
2,202
3
At least he finally admitted he took most of the money. The whole idea of backpay for a crowdfunded game from the lowest paid to the highest paid is fucking stupid, but it's totally slimy to take such a large portion of the money for a cash advance. So, there's that.
 
Convo

Convo

Ahn'Qiraj Raider
8,792
664
I said it last night, I'll say it again.. the community can't afford Brad. His rate is too high..

The dude called a 1 man raid on our community funds and never bothered to ask anyone. I just can't support someone with such bad decision making. I mean holy fuck!

Now he is looking to pay someone else besides Vu to finish the prototype that would have been finished had he not taking that extra money.

I also believe that money was in addition to what Brad already paid himself.
 
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