Profile picture
Derek Smart @dsmart
, 7 tweets, 2 min read Read on Twitter
STAR CITIZEN BREAKING NEWS! (thread)

Read: tl.gd/n_1sqocrf
This is what the new CIG (parent) structure looks like now with the new investors.

i.imgur.com/gYEPkcJ.png
Sale allocation. Each share is currently worth. £0.10, and they sold 132,361 total shares.

Yeah, I'm sure everything is fine.

i.imgur.com/0j5LSzU.png
Based on the current number of shares in the company.

i.imgur.com/l51qCSF.jpg
Someone spotted that adding up the transferred shares of creators Chris Roberts, Erin Roberts, Ortwin Freyermuth adds up to the 18500 shares transferred to Infratrade Group Corp - which appears to be a new shell company with zero online presence.
We discovered that the co the 3 execs sold shares to is actually Infatrade instead of Infratrade (as listed in the filing).

It's a finance co that Chris & Ortwin were involved in when they owned Ascendant Pictures. It financed some of their pics.

beta.companieshouse.gov.uk/company/028611…
That's the one company that now owns shares and which isn't located in Cayman Islands like the other two.

This UK filing pretty confirms source reports that they have not only loans but investors in the US and UK.

They claims to have raised $210M in crowd-funding. No product.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Derek Smart
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!