New Atari Console that Ataribox?

[+frankodragon]

I also agree that shills of the so-called today's Atari refuse to listen. And I don't think there has been any work done on this so-called AtariboxVCSwhateverbuttacosruleinstead. I believe more work was done on Tweeting and tooting horns than putting actual work into the console.

[godslabrat]

 

hmm I understand you, but Atari is not the only company to have changed hands and sometimes several times ... the current CEO is doing his utmost to revive Atari and this new platform will be the return of the phoenix

 

then yes we can see that you are a true fan of Atari and I think your surprise this Christmas will be an Atari VCS 2018

You're funny.

[carlsson]

Regarding that private placement of 7.5 million Euros, this is how Atari is described:

Baker McKenzie has advised Atari, one of the world leaders in the publishing and production of interactive games, a company listed on Euronext Paris, in the framework of an increase in capital in the form of a private placement.

https://www.bakermckenzie.com/en/newsroom/2018/04/atari-private-placement

[Dr Manhattan]

The weekend fast approaches and the end of the month falls on Tuesday. I can't see them announcing anything over the weekend. So if this is going to happen it's most likely we'll hear something in the next 48 hours, or on Monday. I'm thinking that at this point Atari SA is just going to pretend that they didn't set a late April deadline for their announcement, and we'll be met with total radio silence for the next couple of days.

[carlsson]

Monday is also Walpurgis Night with bonfires to ward off evil spirits, witches and nay-sayers, though I don't know if that is an important event in France that would lead to people only working half the day.

[Flojomojo]

It just again raises the point of "who is this for, exactly?"

 

To go back to the Eurogamer piece,

Who's the target audience for the VCS?

Michael Arzt: It's interesting. The target audience is two mind sets and two groups. If you think about the broad Atari audience - we're obviously targeting the Atari audience, right? - but the Atari audience you can really draw a pretty solid line down right around age 35, so everyone over age 35 remembers us one way - they grew up with us, played the old consoles like the 2600 or played in the arcades and all that, and they have a certain nostalgic recollection and feeling for the brand. That's one group, and there's things on this for them.

 

But all the modern stuff, which will also appeal to them as well - they watch Netflix, listen to music, all that stuff - but then the other idea is all these things we're doing now, everyone under the age of 35, they think of Atari a different way. They will buy the faded T-shirt - the hipster dude down in Soho or whatever, right? - they think about Atari as this cool, old brand like so many other cool old brands, but they're the ones buying [retro-styled things like] Mini Coopers. So we're going to create something that's got things for them.

 

What do they care about from an entertainment standpoint? They care about games, of course, they care about Hulu and Netflix, and Spotify and Pandora, they care about social media, they care about communication and chat, so all that stuff will be there for them as well, so this will be a product that will appeal to that audience. [This will be] giving them a device that will let them do all that stuff they care about on their TV, is hopefully something that will be appealing to them.

 

There's other things we're not in a position to talk about yet that this will do, that will I think enhance some of what I'm telling you even greater.

 

In other words, they're chasing what they perceive to be hot trends ... like the "new" Mini Cooper (from 2000), Hulu, Netflix, Spotify (if you're already using these, you don't need another box for it). They're skating to where the puck was 18 years ago. Playstation 3, Xbox 360, Wii U, Playstation 4, Xbox One, and every mobile device and TV box can run those apps. 3DS can run Netflix and Hulu. Switch has Hulu. Atari Flashback software is on all those things as well.

 

Try harder, "Atari."

 

hmm I understand you, but Atari is not the only company to have changed hands and sometimes several times ...

 

If we're going to play the whataboutism game, I can't think of a single established game developer or hardware manufacturer with the sad history of "Atari." Mergers and acquisitions count as "changing hands" in a very different way than business failure and liquidation.

 

I lose my bet if the pre-order does not start before April 30, 2018

Atari said Campaign indiegogo before Monday, April 30, so I trust and I look forward to knowing what this platform has in the stomach ...

I have the feeling that the VR will be on this platform, to follow

 

ps : Me too will show you my Atari tatoo if she is reborn because I do not want to be ashamed lol lol lol

 

Sure, I'll play the claim chowder game with you. Here's what "Atari" has shown so far. "Pre-order date to be announced in April. Sign up now to access the launch-day deal" and a "JOIN WAITLIST" form for collecting email addresses.

 

 

I doubt you have an Atari tattoo, but if you did, it would carry no more shame than a Zune tat.

 

[Flojomojo]

Regarding that private placement of 7.5 million Euros, this is how Atari is described:

https://www.bakermckenzie.com/en/newsroom/2018/04/atari-private-placement

 

I would like someone smarter than me to explain how this is distinguishable from money laundering.

[+Stephen]

 

hmm I understand you, but Atari is not the only company to have changed hands and sometimes several times ... the current CEO is doing his utmost to revive Atari and this new platform will be the return of the phoenix

 

then yes we can see that you are a true fan of Atari and I think your surprise this Christmas will be an Atari VCS 2018

Quoted because it's just too much. Wow man - this new CEO must really want it to happen!

[godslabrat]

 

To go back to the Eurogamer piece,

 

In other words, they're chasing what they perceive to be hot trends ... like the "new" Mini Cooper (from 2000), Hulu, Netflix, Spotify (if you're already using these, you don't need another box for it). They're skating to where the puck was 18 years ago. Playstation 3, Xbox 360, Wii U, Playstation 4, Xbox One, and every mobile device and TV box can run those apps. 3DS can run Netflix and Hulu. Switch has Hulu. Atari Flashback software is on all those things as well.

 

Try harder, "Atari."

 

 

If we're going to play the whataboutism game, I can't think of a single established game developer or hardware manufacturer with the sad history of "Atari." Mergers and acquisitions count as "changing hands" in a very different way than business failure and liquidation.

 

 

Sure, I'll play the claim chowder game with you. Here's what "Atari" has shown so far. "Pre-order date to be announced in April. Sign up now to access the launch-day deal" and a "JOIN WAITLIST" form for collecting email addresses.

 

april 2018.png

 

I doubt you have an Atari tattoo, but if you did, it would carry no more shame than a Zune tat.

 

zunefan.jpg

Atari today:

 

[+KaeruYojimbo]

 

....and nobody likes the grammar or spelling police.

 

Only those who don't know how to spell or use proper grammar don't like them. The rest of us have no problem with them.

[+x=usr(1536)]

In other words, they're chasing what they perceive to be hot trends ... like the "new" Mini Cooper (from 2000), Hulu, Netflix, Spotify (if you're already using these, you don't need another box for it). They're skating to where the puck was 18 years ago. Playstation 3, Xbox 360, Wii U, Playstation 4, Xbox One, and every mobile device and TV box can run those apps. 3DS can run Netflix and Hulu. Switch has Hulu. Atari Flashback software is on all those things as well.

 

Try harder, "Atari."

 

But... But... But... I've only got, like, four ways remaining on my desk that I can use all those hip new streaming services (that have been around for ages) with now that I moved a couple of other potential streaming playback devices into another room! If something happens to one of the remaining ones, I might have to use a different device!

 

Save me from the terror and peril, AtariVCSbox! SAVE ME!!!

[pacman000]

Atari: We plan to achieve parity with other devices & hope that nostalgia & hipster appeal will do the rest.

[+KaeruYojimbo]

Atari: We plan to achieve parity with other devices & hope that nostalgia & hipster appeal will do the rest.

 

Parity seems like a pretty lofty ambition for them.

[PlaysWithWolves]

I would like someone smarter than me to explain how this is distinguishable from money laundering.

 

Ditto. It sounds like they created 13.6 million shares of stock out of nothing*, which even their PDF warns cannot be done in the USA and some other countries. They claim that 7.5 million instead of the original 5 million is proof of Atari's outlook. Beats me. Atari Investors press releases: http://www.atari-investisseurs.fr/communiques-de-presse/

 

*i also know nothing

 

Google translate of the pdf:

 

Page 1

Successful Atari Private Placement

* Strong demand, placement of 7.5 M €

* Dilution limited to 4.98% on a fully diluted basis

* Acceleration of the company's development plan and the portfolio valuation of more than 200 Atari games Paris,

 

19 April 2018 - 7.30 am - ATARI (ISIN: FR0010478248 - ATA, eligible PEA-PME), one of the world's most recognized interactive entertainment publishers and producers, today announces success of its capital increase carried out with cancellation of preferential subscription rights as part of a private placement, carried out by accelerated construction of a book of orders. The operation capital increase was initiated to accelerate the company's development plan. The Company has placed 13,636,364 new shares at a unit price of € 0.55, including issue premium, for a total amount of € 7.5 million, compared to € 5 million originally planned, which demonstrates the strong demand and success of this operation. The transaction represents a dilution of 5.35% of the post-operation share capital of the Company, and 4.98% of the capital on a fully diluted basis. As indicative, the participation of a shareholder holding 1% of the Company's share capital prior to the issue will be 0.95% after the issue. The funds raised will be allocated primarily to the valuation of the portfolio of more than 200 games and to possible opportunities to acquire additional property rights to existing games, and for the balance to the general activity of the Atari group. The transaction was implemented by decisions of the Board of Directors of April 17, 2018 and the Chairman and Chief Executive Officer of 18 April 2018, in accordance with the 18 and 19 th resolutions approved by Shareholders' Meeting of September 29, 2017 and at a price representing a discount of 19.58% over the average weighted average price of the last twenty the price of fixing the issue and a discount of 15,25% compared to the price of closing of April 18, 2018. The capital increase is carried out by issuing new shares with cancellation of the right preferential subscription in the context of a private placement. Settlement and delivery of shares

 

Page 2

new shares issued as part of the capital increase and their admission to the Euronext market Paris is scheduled for April 20, 2018. The new shares will bear current dividend rights and will be admitted trading on the Euronext Paris market under the same ISIN code: FR0010478248 - ATA. The share capital of Atari will be composed of 255,105,360 shares at the end of the settlement-delivery. Post-capital increase, Ker Ventures (a company controlled by Frédéric Chesnais) holds 18.45% of capital (21.25% on a fully diluted basis) and the free float is 81.55%. Louis Capital Markets LLP acted as Lead Manager & Book Keeper of the Transaction. EuroLand Corporate acted as counsel for the company. In accordance with the provisions of article 211-3 of the General Regulation of the Autorité des marchés the Company's shares in the context of this capital increase carried out in part of a private placement, did not give rise to a prospectus subject to the approval of the financial markets. Detailed information concerning the Company, in particular relating to its activity, its results and the risk factors, are included in the updated Registration Document with the AMF on January 16, 2018 under number D.17-0823-A01, including the financial report half-yearly of 30 September 2017, which can be consulted, as well as other information and all of the Company's press releases on its website. ( www.atari.com )

 

About Atari

Atari, consisting of Atari SA and its subsidiaries, is a global interactive entertainment and licensing group multiplatform. A true video game innovator founded in 1972, Atari owns and / or manages a portfolio of more than 200 games and franchises, including world-famous brands such as Asteroids®, Centipede®, Missile Command®, or Pong®. This important portfolio of intellectual property Atari draws attractive games online for smartphones, tablets, other connected devices. Atari also develops and distributes leisure activities interactive games for Microsoft and Sony game consoles. Atari is also leveraging its brand and franchises with licensing agreements via other media, derivative products and publishing. More information on: www.atari.com and www.atari-investisseurs.fr .

 

Warning

In France, the offer of the Atari shares described above was made exclusively in the context of an investment private sector, in accordance with Article L. 411-2 of the Monetary and Financial Code and the regulatory provisions applicable. It does not constitute an offer to the public within the meaning of Article L. 411-1 of the Monetary and Financial Code. In Consequently, no prospectus has been published or endorsed by the Autorité des marchés financiers. As regards the Member States of the European Economic Area which transposed Directive 2003/71 / EC European Parliament and of the Council of 4 November 2003 (as amended in particular by Directive 2010/73 / EU, insofar as this directive has been transposed in each of the Member States of the Economic Area European Union) (the "Prospectus Directive"), no action has been taken and will be undertaken to

 

Page 3

an offer to the public of the securities subject to this press release making it necessary to publish a prospectus in one or the other of the Member States. This press release and the information it contains do not constitute an offer to subscribe or purchase, or the solicitation of an order to purchase or subscribe to Atari Shares in the United States or any other jurisdiction which the operation could be restricted. Securities may not be offered or sold in the United States in the absence of registration or exemption from registration under the US Securities Act of 1933, as amended (the "US Securities Act"), it being specified that the Atari Shares have not been and will not be registered under the US Securities Act and that Atari does not intend to make an offer to the public of Atari shares in the United States, or in any other jurisdiction. The distribution of this press release may, in some countries, be the subject of specific regulations. The persons in possession of this press release should inform themselves of any local restrictions and comply.

[BiffsGamingVideos]

 

Only those who don't know how to spell or use proper grammar don't like them. The rest of us have no problem with them.

 

Attacking people over their use of grammar or spelling is a mental condition. This is meant to elevate one's self over top of someone else. So a person who has low self esteem just puts others down. People like Xuser and flojo on this forem are constantly bashing and bashing and bashing. It just never stops. i would bet they do this to their family members, people at work and basically everyone. It's a condition. Not cool.

 

(So now go through my words and tell me all the wrong grammar....Oh, the i is not capital! Yawn.)

Edited April 26, 2018 by BiffsGamingVideos

[+Stephen]

Forum - not forem

[+thanatos]

 

hmm I understand you, but Atari is not the only company to have changed hands and sometimes several times ... the current CEO is doing his utmost to revive Atari and this new platform will be the return of the phoenix

 

 

Phoenix was by Centuri, not Atari.

 

https://www.arcade-museum.com/game_detail.php?game_id=9004

[+KaeruYojimbo]

 

Attacking people over their use of grammar or spelling is a mental condition. This is meant to elevate one's self over top of someone else. So a person who has low self esteem just puts others down. People like Xuser and flojo on this forem are constantly bashing and bashing and bashing. It just never stops. i would bet they do this to their family members, people at work and basically everyone. It's a condition. Not cool.

 

(So now go through my words and tell me all the wrong grammar....Oh, the i is not capital! Yawn.)

 

It's not bashing or an attack (well, sometimes it is, but not always), we're just trying to help out. Some people are into self improvement, but if you want to go through life being wrong all the time, be my guest.

 

A couple of other things:

 

1. When you're trying to make a point, writing like a first grader really undermines your argument.

 

2. Seeing attacks where they don't exist actually is a mental condition.

Edited April 26, 2018 by KaeruYojimbo

[+frankodragon]

Atari today:

 

37F6C82E-DD80-42CE-906C-C00141DC8E72.jpeg

That reminds me of Mr. Burns dressed as Jimbo Jones in that Who Shot Mr. Burns episode.

 

[toiletunes]

Peepul hu cant spel our loosers

[carlsson]

Generally, the board of directors during the yearly shareholder's meeting get the rights to issue an emission of a certain value. All shareholders should be aware it will happen, that the shares will be diluted. Often the existing shareholders get first dibs on investing more money, before they bring in new investors. The fact this is not applicable to the US, Canada and a few more countries is standard and appears as a disclaimer for every company who does so. The fact they're bringing in more capital by diluting the shares is itself not a sign of money laundering, though of course if they pay consultants' fees from the invested money, it might very well become that.

 

The larger amount of the emission, the more formal documents are required. I think the first cut-off is at 1 million Euros, then there may be more cut-offs.

Edited April 26, 2018 by carlsson

[JBerel]

It's doing wonders for their stock value. I wonder did our resident cheerleaders and financial "experts" cash in on all their huge gains before it tanked again? I guess the eminent announcement of the crowdfunding will make it race for the moon again. Which key combo was rolleyes while not givin' a frick again?

 

[dj_convoy]

[+Nathan Strum]

The weekend fast approaches and the end of the month falls fails on Tuesday.

 

I'm thinking that at this point Atari SA is just going to pretend that they didn't set a late April deadline for their announcement, and we'll be met with total radio silence for the next couple of days years.

 

Corrected.

 

I already have a new strip written for Tuesday... but will I get to publish it? Or will I have to re-write it? The waiting is agony!

 

No... not agony. What's the other thing?

 

Apathy.

 

That's the word I was looking for.

[+frankodragon]