EPTStormgate/Frost Giant Megathread - Page 328
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noghost
5 Posts
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Gorsameth
Netherlands22586 Posts
On August 02 2026 18:16 noghost wrote: Clearly they don't believe they got scammed the first time.its insane that anyone still believes anything morten has to say, isnt getting scammed once enough for you? I started out thinking it had to be sarcasm but apparently there really are people who are thinking that FG is currently making SG 2 out of Tim Morten's garage. My brain can't wrap itself around the idea that someone could genuinely be that delusional. | ||
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JimmyJRaynor
Canada17819 Posts
Tim is doing a nice job "appearing to work on" the game. Tim is the Wesley Mouch of the video game industry. Just relax and enjoy the comedy. Watch stormgatearchive with me on Twitch! https://www.twitch.tv/stormgatearchive?sr=a | ||
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Creager
Germany1962 Posts
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crablogic
29 Posts
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Jeremy Reimer
Canada1220 Posts
On August 02 2026 22:28 JimmyJRaynor wrote: Guys, Tim must appear to be working on making the game a success lest the Korean megacorp that gave him 10s of millions finds a legal path towards taking his house , his assets, and his retirement fund. I highly doubt that there is any legal path that would result in seizure of Tim Morten's personal assets. That's not how investing works and that's not how startups work. The whole point of creating a corporation is that you are legally protected from the failure of the company. Capitalism, for good and ill, would never have taken over from feudalism if it weren't for the concept of a limited liability corporation. There's a good examination of this in the book "Sapiens: A Brief History of Humankind" by Yuval Harari. So Tim doesn't have to pretend to do anything. He could wind down Frost Giant as a corporation, which is something that will have to happen eventually anyway if they can't report any income for a specified number of years (I think it's three, but I'm not sure if that's universal) and he would suffer no ill effects. It would actually make sense to do this, although it would require relinquishing control over all of Frost Giant's current assets to the bankruptcy court, which include Stormgate itself and its source code, as well as the Snowplay "engine" (for whatever that's worth). It's not clear if anyone would pay anything for these assets, but Tim would likely lose the ability to create a new game using them. One alternative is to use some shady corporate shenanigans, where you start a new company (call it Newco, or maybe be imaginative and call it Fire Dwarf ) and then "sell" all the assets of Frost Giant to Newco before you declare bankruptcy. For bonus points, you can then rename Newco to Frost Giant again. The owners of the Amiga copyrights did this with Amiga, Incorporated, selling the assets to a fake holding company called "KMOS" before renaming KMOS as Amiga Inc. again. One downside of that trickery is that it doesn't relieve you of any existing legal obligations and contracts from the old company. Amiga Inc. did the switcheroo to try and get out of a clause that would have transferred ownership of AmigaOS 4.0 to Hyperion. The latter company sued and won, and the "new" Amiga Inc. eventually dissolved. | ||
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JimmyJRaynor
Canada17819 Posts
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Jeremy Reimer
Canada1220 Posts
On August 03 2026 10:17 JimmyJRaynor wrote: Explain all that to Joseph Sanberg. Well, I had no idea who he was, so I looked him up. According to Wikipedia: He admitted he inflated Aspiration's revenue numbers by concealing that revenue booked to external customers was in fact from entities he controlled and that, along with board member Ibrahim AlHusseini, he created false bank statements in order to fraudulently obtain $145 million in loans. So Sanberg committed fraud twice: once in making up fake revenue, and the second time making up fake bank statements. Tim Morten, for all of his faults, never made up fake revenue or fake bank statements. In his SEC filings he was brutally honest about how much money Frost Giant spent and how little it earned. We've seen people accuse Tim of fraud many times, but the kind of accusations you see on Reddit and the kind you actually go to jail for are two very different things. | ||
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ChillFlame
327 Posts
On August 03 2026 05:33 Jeremy Reimer wrote: or maybe be imaginative and call it Fire Dwarf Oh, I would totally do it just to screw with Kakao games :D | ||
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Creager
Germany1962 Posts
On August 03 2026 14:06 ChillFlame wrote: Oh, I would totally do it just to screw with Kakao games :D I'd find Leper Gnome to be more fitting, stays lore accurate to WarCraft and is a better metaphor for what both investors and customers can expect in the future. | ||
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RvB
Netherlands6322 Posts
On August 03 2026 05:33 Jeremy Reimer wrote: I highly doubt that there is any legal path that would result in seizure of Tim Morten's personal assets. That's not how investing works and that's not how startups work. The whole point of creating a corporation is that you are legally protected from the failure of the company. Capitalism, for good and ill, would never have taken over from feudalism if it weren't for the concept of a limited liability corporation. There's a good examination of this in the book "Sapiens: A Brief History of Humankind" by Yuval Harari. So Tim doesn't have to pretend to do anything. He could wind down Frost Giant as a corporation, which is something that will have to happen eventually anyway if they can't report any income for a specified number of years (I think it's three, but I'm not sure if that's universal) and he would suffer no ill effects. It would actually make sense to do this, although it would require relinquishing control over all of Frost Giant's current assets to the bankruptcy court, which include Stormgate itself and its source code, as well as the Snowplay "engine" (for whatever that's worth). It's not clear if anyone would pay anything for these assets, but Tim would likely lose the ability to create a new game using them. One alternative is to use some shady corporate shenanigans, where you start a new company (call it Newco, or maybe be imaginative and call it Fire Dwarf ) and then "sell" all the assets of Frost Giant to Newco before you declare bankruptcy. For bonus points, you can then rename Newco to Frost Giant again. The owners of the Amiga copyrights did this with Amiga, Incorporated, selling the assets to a fake holding company called "KMOS" before renaming KMOS as Amiga Inc. again. One downside of that trickery is that it doesn't relieve you of any existing legal obligations and contracts from the old company. Amiga Inc. did the switcheroo to try and get out of a clause that would have transferred ownership of AmigaOS 4.0 to Hyperion. The latter company sued and won, and the "new" Amiga Inc. eventually dissolved. Investors can ask the owner to cosign and take personal liability. Not likely for equity investment but happens frequently for loans. | ||
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Gargonus
41 Posts
This level of delusion cracks me up lmao | ||
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Jeremy Reimer
Canada1220 Posts
On August 04 2026 17:33 Gargonus wrote: Either CicadaSC has found a new copium herb we have never heard about, or he is actually the one, the legend, u/voidlegacy himself. This level of delusion cracks me up lmao The weird thing is CicadaSC's mention of "Stormgate 2". Even in a fantasy world where Tim Morten found his Manic Pixie Dream Investor and got his $5 million, there is no way he would make a sequel to his failed game. Nobody in the world would do this. Has anyone ever done this? It's pretty clear from Tim's own statements that he is leaning pretty heavily into the idea of a licensed IP for Frost Giant's theoretical next RTS. He claimed that he was "close" to a deal with a publisher for this exact thing, but then it all fell apart. It sounded like the publisher itself didn't get the funding it needed, which would mean Tim wasn't even talking to a real publisher, but a sort of "sub-publisher". I guess that's what he's reduced to these days. | ||
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Gorsameth
Netherlands22586 Posts
On August 05 2026 01:06 Jeremy Reimer wrote: Or Tim was just strait up making shit up.The weird thing is CicadaSC's mention of "Stormgate 2". Even in a fantasy world where Tim Morten found his Manic Pixie Dream Investor and got his $5 million, there is no way he would make a sequel to his failed game. Nobody in the world would do this. Has anyone ever done this? It's pretty clear from Tim's own statements that he is leaning pretty heavily into the idea of a licensed IP for Frost Giant's theoretical next RTS. He claimed that he was "close" to a deal with a publisher for this exact thing, but then it all fell apart. It sounded like the publisher itself didn't get the funding it needed, which would mean Tim wasn't even talking to a real publisher, but a sort of "sub-publisher". I guess that's what he's reduced to these days. Like he has been doing for the last... well... long time. | ||
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Harris1st
Germany7406 Posts
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Creager
Germany1962 Posts
On August 05 2026 18:44 Harris1st wrote: How is this thread more active than the Zerospace one? Can only speak for myself, but I don't want to pay $40 for the "privilege" to be a QA tester of an early access title and talk about that game, I enjoy the popcorn gossip entertainment this thread provides more. | ||
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Jeremy Reimer
Canada1220 Posts
On August 05 2026 18:44 Harris1st wrote: How is this thread more active than the Zerospace one? It's a good question. Zerospace seems like it's done everything basically right: no dumb free to play nonsense, just pay once and get a game. It seems to have sold well enough (when I checked SteamDB early on it was in the top 200 daily sellers, today it's listed as #597) and as a game it seems reasonably decent. Day9 liked it and had fun with it, even though he pointed out some rough edges. So you've basically got a game that sold okay in Early Access that seems to be fairly good. But in terms of discussion, that can hardly compare with the endless epic train wreck that is Stormgate. | ||
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JimmyJRaynor
Canada17819 Posts
Stormgate Archives is on! https://www.twitch.tv/stormgatearchive?sr=a Everyone pile into the channel! | ||
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TelecoM
United States10847 Posts
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ChillFlame
327 Posts
Galactic War might be the best casual RTS gamemode. | ||
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