Profile of TychusFindlay

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Thread: THQ is Bankrupt for Real This Time7 Jan 2013, 16:04 PM https://twitter.com/DDInvesting/status/288313922451283969 this is good news for Relic staying in BC, Canada and in tact. That is, if EA is interested in that studio. At this point there is no doubt the "plan" Rubin put together is going to be rejected and THQ will be broken up into individual pieces... now the judge is going to give THQ its new budget for 2013 LOL. In: Lobby
Thread: THQ is Bankrupt for Real This Time5 Jan 2013, 03:03 AM Jump back to quoted post5 Jan 2013, 03:00 AMntd and personally I believe Relic is going to be 100% fine going forward...please just stop with the sideways trolling. I ask much nicer than Ami, but I'm just as serious as he was when he made his post. Thanks for stopping. well there is not much else to post about this until monday. In: Lobby
Thread: THQ is Bankrupt for Real This Time5 Jan 2013, 02:30 AM here is the news... http://www.businessweek.com/news/2013-01-04/thq-denied-approval-of-bankruptcy-sale-process-and-loan In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 23:34 PM so r u saying the THQ executives like Farrell and Rubin are fraud artists? just like all other business execs? In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 23:02 PM THQs "bankruptcy plan" was rejected by the judge today. they'll be back at it again monday. http://www.distressed-debt-investing.com/2013/01/thqi-reconvening-on-monday-more-coming.html It's time for the THQ brand to disappear. It has lost a tonne of credibility in the last three months on every level. In response to another poster's vague recollection of what i predicted the thread was "THQ will probably fold". It's now time for THQ to pack its bags. It is time for THQ to fold. This is not "rauble rousing" ; it is a plain view of the facts. Companies like Viacom, Mattel and WWE are , through their legal representatives, basically calling this bankruptcy plan a "sham". The bankruptcy trustee stated the liquidity crisis was "manufactured". At this point, THQ's logo on the side of any box does more harm than good. In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 21:09 PM Jump back to quoted post4 Jan 2013, 20:55 PMvinashak Who is this JimmyRaynor ?- I did not find any posts by that name in this thread .. JimRaynor is a "bad cop" in the 1991 movie "Rush". The accusations are getting a bit more.... "bold" shall we say. http://kotaku.com/5973090/creditors-call-thqs-bankruptcy-deal-rigged-want-it-stopped funny how i'm called out to be some kind of horrible person for claiming THQ might be dishonest. and now everyone is agreeing with me ... a January 9th sale is looking like a dream now. no wonder that those top 3 accountant guys quit just before THQ put together this "chapter 11 proposal". In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 17:59 PM Jump back to quoted post4 Jan 2013, 17:36 PMTychoCelchuuu I don't know if this is good or bad or what but the trustee overseeing the THQ bankruptcy has also filed suit against THQ. It sounds like maybe people think that THQ is trying to dump its assets at a low price to the stalking horse bidder by making sure other people don't get a chance to bid, and since the stalking horse has agreed to keep the THQ management in place, this lets them keep running the company while shareholders are left holding the bill for the bankruptcy. Whereas if others could bid there's a change they would snap up THQ's assets, fire the THQ executives, and in doing so give some money back to the shareholders (because they would bid up the price a bit). In fact it sounds like the investors want THQ to just be broken up and its assets sold off. A bit more info at this Gamasutra article. basically, the bankruptcy trustee thinks THQ is lying and or grossly exaggerating about how little money they have in order to sell to 1 certain favoured bidder. before you guys get all bent out of shape claiming i'm stating THQ is being dishonest why don't you read the objections of the Trustee yourself. Bankruptcy Trustee : "they manufactured the liquidity crisis" http://www.distressed-debt-investing.com/2013/01/distressed-debt-news-trustee-objection.html keep in mind THQ requested that they have their "auction" on January 9. today it'll be decided if this is what they get. https://twitter.com/DDInvesting/status/287259998004862976 In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 17:46 PM complete coverage of the bankruptcy hearing here... https://twitter.com/DDInvesting/status/287214205004820480 In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 01:52 AM if u have an actual direct rebuttal to my posts, that'd be great. alas, you do not. In: Lobby
Thread: THQ is Bankrupt for Real This Time4 Jan 2013, 00:40 AM THQ Montreal will survive because of the sweetheart deal with the Quebec Government. the BC government just starting "getting tough" with video game publishers (including Relic). Relic no longer receives the subsidies it used to get. my posts provide a rebuttal to the THQ and Relic employees who run around on forums like this saying stuff like "I am not at all concerned about THQ's financial situation". This kind of stance is just used to keep the pre-order money coming in. The big day for this bankruptcy is tomorrow. If THQ doesn't get teh January 9 sale date they requested it'll be interesting to see if they pull the plug. In: Lobby