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Potential Jagex Acquisition Thread is locked

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Sessamy
Jan Member 2011

Sessamy

Posts: 8,127 Rune Posts by user Forum Profile RuneMetrics Profile
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You guys really think the deal isn't already done its mods job to keep you all calm the deal has already been made


They've already done goofed at that point.

No talking within ~5 hours with all these complaints?

Not even to try to calm us?


In fairness, it's midnight in Jagex-land.

Having said that, posting this then basically saying "Cya, we're off for the night" isn't the best PR move.


I just want to know if I should unsub now if my progress will be ruined on oldschool like it was when EoC/RS3 happened.

They need to talk to us. Midnight or not. This is not some game update, this is the future of runescape that we are talking about.


What progress was ruined?


Exactly: What progress?

(oldschool made you start over when your original stats were kept on what is now rs3)
10+ year RS veteran; Oldschool RS player.
Tech Support

16-Mar-2016 00:26:40

Nexus Origin

Nexus Origin

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Fun Fact
:


The Shandong Hongda Mining Co. was known as the Shandong Huayang Technology Co. up until 2012 when the name was changed.
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McDelivery Now Available In Canada

McDonalds
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I'm lovin' it.

16-Mar-2016 00:26:44

Eva Element

Eva Element

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Exactly: What progress?

(oldschool made you start over when your original stats were kept on what is now rs3)


That was the condition Jagex imposed before letting players vote for it. That you would start from scratch. Players still voted for it and it passed.
I'm a big entropy fan.

All subtlety and nuance of a napalm enema

16-Mar-2016 00:28:47

NZ Sheeps
Dec Member 2018

NZ Sheeps

Posts: 10,342 Opal Posts by user Forum Profile RuneMetrics Profile
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Fun Fact
:


The Shandong Hongda Mining Co. was known as the Shandong Huayang Technology Co. up until 2012 when the name was changed.


WHYYYYY????


Why wasn't there a word starting with an 'I' in their old name?????

16-Mar-2016 00:29:26 - Last edited on 16-Mar-2016 00:31:31 by NZ Sheeps

ArchaicCacti

ArchaicCacti

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I just got back into Old School Runescape after being away since the EoC update.

This can't possibly be a good thing for the future of Runescape (Old School or otherwise), one way or the other.

A Chinese mining company? What do they possibly know about games?

I just bought membership for the first time since 2012 a few days ago and I just now cancelled.

I'm getting out now before I get too attached to the game again.

16-Mar-2016 00:30:27

Averia Light

Averia Light

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Please no.

Please don't make me go in depth as to why not all profits are equal.


Please, educate us.

I don't get it.


Profit isn't cash-in-hand. It's not even a measure of cash outflows or inflows. Not only do estimates and uncertainties make up the profit, each individual account on a companies books can likely act as why one company's profit isn't equal to another company's profit even if the numerical profit is the same.

So I will try to use a simple example.

Say company X and company Y made 10k profit.

X sells widgets only for cash or cash equivalents at the point of sale. Meaning 100% of its revenue is collected in cash.

Y sells widgets on credit. Meaning none of its revenue is collected in cash at the point of sale. The 10k figure is profit net of that years bed debt expense. The next year, it is learned that 5k of debts over the allowance for doubtful accounts accounts can not be collected. 5k is then written off. Given that this expense will show up in this years profit or loss through indirect means, the loss really was a result of an estimate of last year, or that 10k figure.

In this case, the decision to allow customers to buy on credit would act as a reason why the companies may have the same numerical profit, but not act as an accurate figure as to how each company is doing if you were to just look at profit by its self.
And I swear I'm not going to let her know all the pain I have known

16-Mar-2016 00:41:59 - Last edited on 16-Mar-2016 00:44:27 by Averia Light

Averia Light

Averia Light

Posts: 28,508 Sapphire Posts by user Forum Profile RuneMetrics Profile
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Fun Fact
:


The Shandong Hongda Mining Co. was known as the Shandong Huayang Technology Co. up until 2012 when the name was changed.


Did they change industries as well or were they always in the mining business?
And I swear I'm not going to let her know all the pain I have known

16-Mar-2016 00:43:29

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