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Destiny

Discuss all things Destiny.

This thread is inspired by another: view original post

Edited by hopla: 3/5/2013 2:25:11 PM
17

Why Destiny is Not Launching in 2013

There is a lot of talk of secret conspiracies regarding the release of Destiny, shady legal ramifications, and plots to influence the world market via the use of a massive prevaricating perjury beam. Everyone wants to get their hands on Destiny as soon as possible, we all feel it in our hearts so don't lie to yourself. But please don't get your hopes up because they're likely to get crushed. I'm hoping this message gets across to you not only because the feed is getting clogged by this everyday but because I don't want you to be severely disappointed by a 2014 launch and/or attack Bungie for something that they can't be blamed for. Surprise! I like Bungie a lot. If you don't read the spoilers please don't respond belligerently to this thread. Concepts [spoiler]Maybe this can shed a little light on the matter in the midst of this the communication breakdown. Investor statements can be historical or forward-looking, only historical statements must divulge all details of company activities. Forward-looking investor statements are published to balance the various legalities surrounding their stock and their responsibility to the shareholders to make them money. This can hopefully be simply explained by making a few concepts clear: First off, publicly traded companies can be held legally accountable for tampering with the market. This basically means that a company with investors is obligated to inform those investors of what to realistically expect within the fiscal year. Such companies can be taken to court for not making good on promises or hiding major developments, the legal argument is that of some form of insider trading or stock manipulation took place. Second, these companies are expected by our quasi-darwinian laissez-faire economy model to attempt to make a profit. If Nike is shipping new Jordans this year, they would be wise to make such an announcement (however bland or revealing it may be) in order to increase the value of their shares. This in turn garners a positive image of the company in consumers' and competitors' eyes and gives them better positioning for any negotiation or business bullshit.[/spoiler] Examples [spoiler]The balancing act is comprised of avoiding legal or regulatory action while making the largest profit possible. For example: If company A releases a statement claiming to have desirable ventures in the the works that will make the company highly sought after on the stock market and the business world, yet fails to make good on those promises then there is a potential incurrence of legal ramifications with the allegations being that of stock manipulation. This would make the company's stock appear more valuable. Likewise: If company B releases a statement that excludes extremely profitable projects, then releases the knowledge of the projects unexpectedly (fully planning to complete the specified projects), there is a possibility that lawsuits could be initiated accusing company B of intentionally lowering its value so purchases of cheap stock could be later sold for profit. This is essentially insider trading.[/spoiler] Hopefully that made sense to you. No I am not a business major, fire away. tl;dr_Activision is responding to the great amount of hype over this game (way to go Seventh Column) and Bungie's silence regarding the game's specifics, by outrightly stating the game will not be released this year. In hopes of avoiding any legal action, Activision has made it clear that any amount of speculation will remain speculation and not affect the actual launch of Destiny. Furthermore it is most likely that the new consoles will not ship on the same date, therefore it would be very difficult and require a great amount of paperwork and lawyering to have Destiny as a launch title for both consoles. [url=http://investor.activision.com/releasedetail.cfm?releaseid=740914]Again this isn't a hate thread, just trying to help out.[/url]

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