AC: Shadows: Investors suing Ubisoft over Tencent deal

[jmac2007]

I don't get it? AC; Shadows is a success right? Shareholders should be celebrating and enjoying UBISOFT's success. Employees should be celebrating their upcoming bonuses and free lates. UBISOFT is saved!

Yet: Shareholders are getting ready to sue over Ubisoft hiding information, especially in particular to Microsoft and EA possibly buying the IP instead of Tencent deal.
(March 12th)

And now reported: AJ Investments issued an open shareholders letter to Ubisoft urging to open legal proceedings regarding their Tencent deal.

The stock has dropped 24% since the deal was announced.

[Bubblegum Flavour]

♥♥♥♥ shareholders they are the main reason games are bad xD Serves them right xD

[Cruna]

Yeah the "big success" bluff didn't work. Nobody bought into it lol. Everyone knows AC: Shadows is a complete failure.

Imagine the chaos in the upcoming UBI revenue report. That's why Shareholders are panic-selling.

[Balthazaar]

I guess they should have paid Hasan more money, then it would have been a success.

Grummz was right again,

[Tijger]

Originally posted by Balthazaar:

I guess they should have paid Hasan more money, then it would have been a success.

Grummz was right again,

The grifter who pocketed a million dollars 9 years and stil hasnt got a game out you mean?

Nah, not likely he was right.

[The_Box]

He's talking about protesting and being unhappy with choices they made, not suing, because he knows there's no legal leg to stand on.

Also, his company is a minority shareholder, already a pretty damn small company to begin with, and based in Slovakia. I couldn't give less of a ♥♥♥♥ about what he's got to say, and I assure you, neither does Ubisoft.

[Victoria Raverna]

This has nothing to do with AC Shadows sales. It is about the main owner of Ubisoft making a deal to help themselves and screwed over the other investors.

[Pönnukaka]

Originally posted by Victoria Raverna:

This has nothing to do with AC Shadows sales. It is about the main owner of Ubisoft making a deal to help themselves and screwed over the other investors.

This is the problem. You would like it not to be, but there is already in the minds of people, natural connection between the two. Not to mention, you would like to dismiss the fact that Ubisoft produced - failure, after failure, after failure..but them being forced to sell to Tencent and this follow up now, doesn't have any connection? You are either incredibly naive or trying to lie.

Out of curiosity, do you ever negatively review games?

[Bubblegum Flavour]

Originally posted by Pönnukaka:

Originally posted by Victoria Raverna:

This has nothing to do with AC Shadows sales. It is about the main owner of Ubisoft making a deal to help themselves and screwed over the other investors.

This is the problem. You would like it not to be, but there is already in the minds of people, natural connection between the two. Not to mention, you would like to dismiss the fact that Ubisoft produced - failure, after failure, after failure..but them being forced to sell to Tencent and this follow up now, doesn't have any connection? You are either incredibly naive or trying to lie.

Out of curiosity, do you ever negatively review games?

I thought that influx in mediocre large titles and getting ten-cent to buy their stock was their way of defending against Vivendi.

[Zace]

Not looking good for Ubislop.

[Jom]

Originally posted by Bubblegum Flavour:

Originally posted by Pönnukaka:

This is the problem. You would like it not to be, but there is already in the minds of people, natural connection between the two. Not to mention, you would like to dismiss the fact that Ubisoft produced - failure, after failure, after failure..but them being forced to sell to Tencent and this follow up now, doesn't have any connection? You are either incredibly naive or trying to lie.

Out of curiosity, do you ever negatively review games?

I thought that influx in mediocre large titles and selling stock to ten-cent was their way of defending against Vivendi.

You are correct, that was Vivendi vs Tencent 2018. And Ubi entered an agreement to buy back 3.000.000 shares from Vivendiuntil 2021 for 66$/share which they didn't do and extended the buyback phase a year and another year, last time about 3 days before the tencent deal, which is probably another lawsuit incoming, because that's about another 200 million owned, the Ubi Owner family seriously tries to avoid paying.

[anaris]

lol this is a company that owns less than a percent of stock, is calling for public demonstrations, and the suit has nothing to do with Shadows. The "misleading shareholders" part is about a potential AC Mirage DLC from a Saudi company and about an unsourced article that alleges Microsoft might have been willing to buy the licences transferred to the new subsidiary. Oh, and this company have said the exact same things repeatedly since the start of last year at least.

The lawsuit and demonstration are also, according to AJ investments, going to be called off if Ubisoft's stock value increases.

[anaris]

oh and in case anyone still thought this was a serious company, their CEO has about 140 typos on his linkedin and the company's official email address is a hotmail address. His primary business is he has a shop selling fireworks (as a franchise lol so not even fireworks he owns) and a real estate licence and trading bitcoin. From 03-09 they managed a 20% return on investment, probably because the guy who runs their ♥♥♥♥ has like 80 other things on his plate.

[Anticitizen 1]

The game is such an amazing success (according to slop enjoyers) that:
- Ubislop stock keeps tanking since its release
- Ubislop is closing a studio down in UK
- Ubislop had to create a new subsidiary with its only valuable IPs and then sell a quarter of it to Tencent just to keep afloat
- No sales released just "players"
- No revenue numbers
- Extremely low steam playercount
- No word on concurrent playercount on other platforms

So yeah, as I was saying, an "amazing" success story for Ubislop.

[WolfEisberg]

Originally posted by Anticitizen 1:

The game is such an amazing success (according to slop enjoyers) that:
- Ubislop stock keeps tanking since its release
- Ubislop is closing a studio down in UK
- Ubislop had to create a new subsidiary with its only valuable IPs and then sell a quarter of it to Tencent just to keep afloat
- No sales released just "players"
- No revenue numbers
- Extremely low steam playercount
- No word on concurrent playercount on other platforms

So yeah, as I was saying, an "amazing" success story for Ubislop.

- Ubisofts stock was going up after release when they announced 3 million players

- Ubisoft announced they shutting down the UK office back in January, 2 months before release. Uk office shutdown has nothing to do with Shadows release

- new subsiderary created just a matter of days after release. These kids of plans and deals don't happen that fast, this was in the process long before the release of Shadows.

- Ubisofts history is to just say players, regardless of success or lack of success. They did the same thing with Vahala which has been their most successful game in their history.

- Ubisoft has never released revenue numbers this soon after release of any of their games regardless of success. We didn't hear about Vahala revenue numbers until like a year or so later, again being the most successful game in their history.

- Steam player count means nothing. Their player counts for all the previous games were low to on Steam, yet those game were still successful.

- Ubisoft has never shared player count on a per platform basis regardless of success of their games.

Anything else you want to be wrong about?

[Gamefan]

Originally posted by Tijger:

Originally posted by Balthazaar:

I guess they should have paid Hasan more money, then it would have been a success.

Grummz was right again,

The grifter who pocketed a million dollars 9 years and stil hasnt got a game out you mean?

Nah, not likely he was right.

He was right! The game failed. They started firing the devs who made it and now the shareholders are suing because UBISOFT committed fraud and lied about sales! It’s all falling apart and the only reason you are screaming he is wrong is because you hate him so much you would rather there be no games than to accept the audience may be right and Ubisoft may be wrong