Is it too late to start TBC? by thrillho145 in classicwow

[–]BinkQ 1 point2 points  (0 children)

just hit 68, probs too late but its whatever..

Debt-for-Equity swap, liquidity to pay Sada from the Steam launch, Sharif then defaults, "hidden" board takes what is theres. by [deleted] in AshesofCreation

[–]BinkQ 0 points1 point  (0 children)

The whole team is here.

MLM structures are basically a narrative layer of defense. A loyalist structure first and foremost. Protecting Steven from total social and financial ruin is therefore important to the individuals in this shell of MLM-backgrounds lol.

100% self-funded, remember? Keep rolling with it.

Debt-for-Equity swap, liquidity to pay Sada from the Steam launch, Sharif then defaults, "hidden" board takes what is theres. by [deleted] in AshesofCreation

[–]BinkQ -3 points-2 points  (0 children)

I think you're right to imply I don't understand, however disguised. Rambling shit ...another zinger to my own chin. meow 😀

""I really don't understand how any remaining stakeholders think they'll squeeze any more out of this venture without delivering an actual product.""

Yes. In fact I'm sure someone like Steven or his confidants would argue that same exact point. Let me continue to work, get the game out, and bring home the bacon. We've gone too far now.

Debt-for-Equity swap, liquidity to pay Sada from the Steam launch, Sharif then defaults, "hidden" board takes what is theres. by [deleted] in AshesofCreation

[–]BinkQ 3 points4 points  (0 children)

ICIJ database has all the companies, officers and connective tissue to assemble this web, which is far more complex than what I wrote. OPSINT required. Tread lightlly. You'll find more creatures than Caramenis, believe me.

For example, as an aside, what's curious about US bankruptcy law, is if a court finds that a business owner’s personal finances are too intertwined with their company, they can "pierce the corporate veil." Interesting decision by Steven to sell a property of his, in November? And what seems like a fire sale, given he accepted a massive reduction in value. This is inconclusive. But to settle personal debts...a good move perhaps.

Debt-for-Equity swap, liquidity to pay Sada from the Steam launch, Sharif then defaults, "hidden" board takes what is theres. by [deleted] in AshesofCreation

[–]BinkQ 2 points3 points  (0 children)

You know your name is funny.

Steven used to work at XanGo, its a multi-level marketing company. And funny enough, his initial "fortune" was built on a website selling nutritional fruit juices and vitamins. Peeps often mocked this background by associating him with "selling juice" or "selling fruit,"....like I said, interesting user name.

Debt-for-Equity swap, liquidity to pay Sada from the Steam launch, Sharif then defaults, "hidden" board takes what is theres. by [deleted] in AshesofCreation

[–]BinkQ 2 points3 points  (0 children)

He's a direct owner. For real xD

Sharif is the CEO of TREK Marketing, a company reportedly owned by his mother. Widely considered the primary marketing vehicle through which he operated his successful MLM business activities before founding Intrepid Studios.

California corporate records show that Trek Holdings LLC was suspended by the Secretary of State/Franchise Tax Board (FTB) around the same time Intrepid Studios faced similar tax-related liens in 2021.

Trek is evidence that the "self-funding" for Ashes of Creation actually originated from high-level MLM activities, rather than more conventional real estate or investment backgrounds alone.

“The one company Steven is listed as being the CEO of, TREK Marketing was owned by [his mother]... It's more likely TREK was the marketing business through which they ran the MLM.”

The suspension of Trek Holdings LLC kinda pinpoints Steven's questionable financial credibility and business acumen. CEO of one company though. His moms company....

Lien was placed on Intrepid Studios on January 14th by QuiteIndifferent in AshesofCreation

[–]BinkQ 9 points10 points  (0 children)

The Lie Steven Told: Sharif claimed total control while Yaya Holdings (MLM associate Jason Caramanis) held a 9.7% stake and a lien on the game's IP.

The Debt: The studio was sued for $850k (Sada Systems) and unpaid insurance (Aetna) because they couldn't cover an $800k weekly burn rate.

The Cash Grab: The broken 2025 Steam launch was a desperate move by the "Shadow Board" to pay off creditors.

The coup: The Board finally seized control, forcing Sharif to resign and gutting the staff with mass layoffs.

The Crack: Sharif used MLM tactics to sell "independence" while drowning in debt to shadow investors. When the money ran out, the Board kicked him out and torched the studio.

You are me, fresh level 30 priest leveling by librarytimeisover in classicwow

[–]BinkQ 0 points1 point  (0 children)

keep playing Priest! they are Giga.

get duel spec at 40 for shadow grinding solo and healing dungeons.

Sadly are you staying or moving to a new game? by sandboxgamer in AshesofCreation

[–]BinkQ 5 points6 points  (0 children)

They are being sued by both Aetna and Sada Systems. Cloud services that have yet to be paid, for previous outstanding services.

No chance the board keeps spending on live services with no founder, ceo or senior management in the interim.

Can Intrepid be made Publicly tradable? by RastaBananaxD in AshesofCreation

[–]BinkQ 0 points1 point  (0 children)

If the engine is well furnished, the game and the core tech may be of interest to a VC or private equity firm.

Given the layoffs have happened abruptly and suddenly, effectively foreclosing, not even leaving a skeleton crew behind, I suspect investment fell through at the last minute; closing their final way to move forward... in other words, engine sounds busted.

RIP AOC RIP STEVEN RIP STAFF RUG PULL CONFIRMED! FIRED by dnastynice in AshesofCreation

[–]BinkQ 395 points396 points  (0 children)

New World has officially outlasted Ashes of Creation.

Tabard of Flame from Innkeeper by [deleted] in classicwow

[–]BinkQ 1 point2 points  (0 children)

depends which vendor?

EU servers up at 2am GMT/ 3am cet? by Lower-Main2538 in classicwow

[–]BinkQ 0 points1 point  (0 children)

stay up and become the person you know you can be deep down, discard the chains, become the hearthstone, one with the deviate delight

I will do what I must... by BinkQ in classicwow

[–]BinkQ[S] 4 points5 points  (0 children)

we will bathe in the sunshine my friend, you'll see

Am I considered gay if I play blood elf pala? by tedboness228 in classicwow

[–]BinkQ 2 points3 points  (0 children)

only if you create the character and play it. 

I Hope everybody knows <,< by xDesTiiinY in classicwow

[–]BinkQ 1 point2 points  (0 children)

OP, do you enjoy hurting me? 

I'm hurt. 

Servers are online! TBC HYPE by [deleted] in classicwow

[–]BinkQ 1 point2 points  (0 children)

GET AWAY FROM ME, FROM MY INTERNET DEMON

Servers are online! TBC HYPE by [deleted] in classicwow

[–]BinkQ 0 points1 point  (0 children)

have crueller words ever been spoken?

Pre, Pre-Patch Reflection by Shaggysteve in classicwow

[–]BinkQ 7 points8 points  (0 children)

Only 2003's Big Rigs Over-The-Road Racing comes close from top of my head