New Atari Console that Ataribox?

[JBerel]

 

 

EDIT: 1,000th post.

An obsessively posting retrobate with a fixation for round numbers says "what?"

Edited July 7, 2018 by JBerel

[godslabrat]

Speaking of numbers... they've been dragging the campaign out an entire extra week and still haven't been able to crack the magic 3 million mark.

[pacman000]

"3 [million] is a magic numberrrr"

[Flojomojo]

Speaking of numbers... they've been dragging the campaign out an entire extra week and still haven't been able to crack the magic 3 million mark.

Indiegogo calls it "In Demand." Same deal as during the campaign, except you have 10 days to request a refund if they haven't delivered yet. Oh, and higher prices for the console they haven't made yet.

 

There's nothing special about big round numbers other than being easier to write and talk about. I don't know what the break-even point would be for spinning up manufacturing, but no one is getting rich off of this. If they could sell off (or license, as they like to do -- why kill the goose?) the design sooner than later, I would think they would.

[godslabrat]

Indiegogo calls it "In Demand." Same deal as during the campaign, except you have 10 days to request a refund if they haven't delivered yet. Oh, and higher prices for the console they haven't made yet.

 

There's nothing special about big round numbers other than being easier to write and talk about. I don't know what the break-even point would be for spinning up manufacturing, but no one is getting rich off of this. If they could sell off (or license, as they like to do -- why kill the goose?) the design sooner than later, I would think they would.

At this point, their numbers are still in minimum-run territory.

[Atari PAC-MAN Fan]

I've pretty much come to the conclusion that "Atari" just is desperate for money. They probably don't give a single sh*t about the product they are promoting. This "magic 3 million mark" is no different when "Atari" asked for money to make Roller Coaster Tycoon for the Switch.

[x=usr(1536)]

I've pretty much come to the conclusion that "Atari" just is desperate for money. They probably don't give a single sh*t about the product they are promoting. This "magic 3 million mark" is no different when "Atari" asked for money to make Roller Coaster Tycoon for the Switch.

 

That is absolutely the case.

 

Nathan Strum summed that up best in this post. If anyone is on the fence regarding Atari SA's intentions, read that one. Everything is clearly broken out in their financial reports, which are linked to in that post.

[JBerel]

Did their "Strategic Presentation" seriously include a logo emblazoned tote bag and fidget spinner??? Wow, they have future growth written all over them.

[+Nathan Strum]

Nathan Strum summed that up best in this post. If anyone is on the fence regarding Atari SA's intentions, read that one. Everything is clearly broken out in their financial reports, which are linked to in that post.

 

After the original post, something that caught my attention in the financial section under Assets.

 

Next to "Property, plant and equipment" is a big fat zero.

 

 

Atari SA is just a handful of guys, sitting in leased offices somewhere, behind leased desks, on leased chairs.

 

I'd like to see what the inside of "Atari" actually looks like right now...

 

[godslabrat]

This is probably a dumb question, but... what are the numbers next to "intangible assets"? How do you quantify something that's intangible?

[carlsson]

I believe intangible is another word for immaterial, i.e. the various trademarks and intellectual properties they actually own, which are included as assets in the balance sheet. Usually you have a valuation made by some external party to determine the value of your immaterial rights, or you do one of own and hope your auditor and the tax office accepts it.

 

Also it usually is regulated either in law or auditing rules which purchases you are allowed to put in your balance sheet and which should be in your income statement under direct costs. It might depend from country to country, but items up to say $2000 a piece are those you should bring up as costs that will affect your results before taxes this year, while larger purchases are those you transfer to your assets and then get to depreciate yearly by a certain percentage. I think computers should be depreciated over 3 years, furniture might be 5 or 10 years, other installations 10-20 years, buildings 50 years or longer.

 

So no, just because Atari doesn't have any properties in their balance sheet isn't the same thing as they don't own the desks or computers they are working at. The fact that they don't own their office building isn't so strange, fewer and fewer companies own their own buildings unless it is industrial or some other special purpose which makes it impractical to rent.

Edited July 7, 2018 by carlsson

[Matt_B]

I believe intangible is another word for immaterial, i.e. the various trademarks and intellectual properties they actually own, which are included as assets in the balance sheet. Usually you have a valuation made by some external party to determine the value of your immaterial rights, or you do one of own and hope your auditor and the tax office accepts it.

 

Yes, it just means they have no physical form. Given that they're pretty much an IP holding company, you'd expect that to make up the bulk of their assets. Heck, even a 99% complete video game is an intangible asset and only becomes a current one when it's released.

[JBerel]

Did ya notice in their VCS section under "Partners" the controller fails to mention one?

 

Also on their blockchain strategy, such as it is...

 

Atari Strategy :

▪ Do not ignore the technology, be part of the revolution

▪ Favor partnerships, with limited cash investments

 

So their entire lofty business and financial strategy for blockchain is: "It's the thing, so let's be part of it."

 

While I make no claim to being an accountant or auditor, I do manage capital and operating budgets in excess of 10M on a regular basis. Those financial statements look pretty darn dressed up to me. Any competant potential investors would see right through them, and no one in their right mind would even consider acquiring them for anything near their declared value.

[Flojomojo]

Lead: what good old Atari used to do

Follow: what current crud Atari does

Get Out Of The Way: what I wish the current rights holders would do

[_The Doctor__]

why all the animosity, If you you don't like it don't buy it... If you like it or want it then buy it.... end of story... wtf?!?!

 

Why so many want failure or keep shouting how terrible it all will be makes no sense at all. If you feel that way then find something else to spend your money and time on.... screaming about how terrible it is they made more money in one or so months than they spend in a year? Um isn't that the point behind all these companies?

 

If you want one buy one, if people wanna have an issue with that... that's on them... who cares, just so long as you are happy with what you do and what you get.... I can't calculate how much money many have spent on I/O devices and remakes on the forums... and they are happy .... where is all this outcry against that 300 dollar limited run I/O device... or Bus stuffer cart etc etc.. oh that's okay because it's community 'Collector' items... just give it a rest.... Buy one if you wish, be happy once you get it... who cares... tomato tahmahtoe..... People spend more on a pair of crappy 'designer' shoes etc. these days... How about a never-ending rant against over paid socially acceptable designer clothing and shoes instead? sheesh

 

I'm going to eat some taco's now, please don't go all ape sh*t about my choice in sauce!

 

I don't have any issues with a linux based gaming system by Atari, licensed from Atari or anyone else.... If you like the way it looks, want the new controllers, just think it's cool, and / or just want a new toy.... go for it. If you don't like this or that then don't..... I'm sure another 440 pages of ranting will get everyone to give up and demand their money back... not that it works that way..... so much bloviation... be glad Atari does something and still exists, who knows who will own it in the future... all this crap was done on the Apple forums years ago... they're dead they'll never do anything blah blah, that s*cks this s*cks.... blah blah taco.... um ipod ipad itouch iphone ..... oh wow WE always said Apple will be so successful ... BS... So the next big TACO order comes along.... if someone likes it... let them enjoy their meal... if you don't want one quit screaming in the guys face and let him eat. Weird as all h*ll to read and watch this stuff sometimes...

Edited July 8, 2018 by _The Doctor__

[_The Doctor__]

Edited July 8, 2018 by _The Doctor__

[CPUWIZ]

"please don't go all ape sh*t about my choice in sauce!"

 

Reveal, or be banned.

[youxia]

why all the animosity

 

a) because all the current facts and historical patterns point to this being yet another retro-gaming sham. Exposing such shams and keeping people aware of them is a good thing and may prevent (or at least limit) them from happening in the future.

You can apply this to all walks of life: government, corporate, public. Hear/see/talk no evil is not really a good long run survival strategy.

 

b) in this particular case it's actually fun. These guys are clueless and provide a heap of comedy gold material.

[Osgeld]

 

Reveal, or be banned.

 

I don't think you want me to reveal anything, but it does involve sauce :0

[tschak909]

"Why all the animosity"

 

Well, simply, I've known this was an acquisition con, from the beginning.

 

I do not like con-artists. I do not like scams. They make my blood boil when people are taken advantage of. They make me want to punch them square in the jaw.

 

I have no patience for them, for they are scum of the earth, no matter who they may be affiliated with, and when I see a con, I call it out. I lay it bare and plain, and I keep doing so, because I hate when people are conned.

 

-Thom

[MrBeefy]

I had chicken tacos tonight. A garlic cayenne and jalepeno sauces were my choice

[+frankodragon]

 

 

 

fred-just-chillin.jpg

He lost his executive key to the restroom in which IS the only restroom in the building so he has to use the gas station across the street.

 

 

 

 

Why all the animosity? For starters "Atari" doesn't have an actual circuit board inside the plastically box of theirs. Listen to that March interview with the interviewer getting a bit fed up when the guy from "Atari" only comes up with answers such as he doesn't know or he can't tell. Also I've mentioned this before time and time again...this was the company formerly known as Infogrames. Ever hear of their three minute corporate song that cost $50K? Plus the ridiculous speakerhats and ludicrous lawsuits from "Atari" because of a chocolate bar ad.

 

"Atari" will spend money on garbage like songs and speakerhats but not on things that they "promise."

[x=usr(1536)]

why all the animosity, If you you don't like it don't buy it... If you like it or want it then buy it.... end of story... wtf?!?!

 

Why so many want failure or keep shouting how terrible it all will be makes no sense at all. If you feel that way then find something else to spend your money and time on.... screaming about how terrible it is they made more money in one or so months than they spend in a year? Um isn't that the point behind all these companies?

 

If you want one buy one, if people wanna have an issue with that... that's on them... who cares, just so long as you are happy with what you do and what you get.... I can't calculate how much money many have spent on I/O devices and remakes on the forums... and they are happy .... where is all this outcry against that 300 dollar limited run I/O device... or Bus stuffer cart etc etc.. oh that's okay because it's community 'Collector' items... just give it a rest.... Buy one if you wish, be happy once you get it... who cares... tomato tahmahtoe..... People spend more on a pair of crappy 'designer' shoes etc. these days... How about a never-ending rant against over paid socially acceptable designer clothing and shoes instead? sheesh

 

I'm going to eat some taco's now, please don't go all ape sh*t about my choice in sauce!

 

I don't have any issues with a linux based gaming system by Atari, licensed from Atari or anyone else.... If you like the way it looks, want the new controllers, just think it's cool, and / or just want a new toy.... go for it. If you don't like this or that then don't..... I'm sure another 440 pages of ranting will get everyone to give up and demand their money back... not that it works that way..... so much bloviation... be glad Atari does something and still exists, who knows who will own it in the future... all this crap was done on the Apple forums years ago... they're dead they'll never do anything blah blah, that s*cks this s*cks.... blah blah taco.... um ipod ipad itouch iphone ..... oh wow WE always said Apple will be so successful ... BS... So the next big TACO order comes along.... if someone likes it... let them enjoy their meal... if you don't want one quit screaming in the guys face and let him eat. Weird as all h*ll to read and watch this stuff sometimes...

 

You're an adult, and as such can spend your money however you like. It's not my (or anyone else's) job to save you from yourself in that regard.

 

But that doesn't prevent anyone from pointing out what a colossal shitshow Atari SA has put on while taking your (and others') money.

 

Go-to hot sauce: still El Yucateco Kutbil-Ik Mayan Habanero. Comes highly recommended.

[80s_Atari_Guy]

 

But that doesn't prevent anyone from pointing out what a colossal shitshow Atari SA has put on while taking your (and others') money.

 

Does it need 441 pages to point that out ?

[Pink]

why all the animosity, If you you don't like it don't buy it... If you like it or want it then buy it.... end of story... wtf?!?!

 

Why so many want failure or keep shouting how terrible it all will be makes no sense at all.

I stopped reading right there.

 

Did you actually look at Atari's financial reports that we've been talking about the last couple pages?

 

Actually I read the rest.

 

Again, with the Apple comparison. Apple is what is known as an anomaly or an outlier. They are an EXCEPTION, not the norm. For every company like Apple, literally thousands and tens of thousands of others have gone bankrupt or bust. I'm no fan of Apple but you can't deny their success and they have played their cards absolutely correct and have excelled in what they set out to do.

 

For every pizza restaurant that got to be as big as Pizza Hut and Dominos, there are literally tens of thousands of independent pizza restaurants that have ended up closing over the past several decades.

 

 

See the differences between Apple and Atari?

 

-Jobs has a very clear idea and vision for what exactly what the iPod is and what it's suppose to do.

-Atari still has no clue as to what the Atari VCS is suppose to be or who the target audience is for? Moms to watch Netflix? Old farts that have nostalgia for Atari? Millennial gamers?

-Jobs points out why the iPod is superior to competing devices and points some legit flaws about other competing devices like it's much smaller then a CD player, don't need to carry CD's with you, don't have to worry about scratched discs or the CD player skipping. Points out how much music it can hold and how fast it is to download.

 

-Atari wants to make it easier for mom's to watch Netflix. They have not yet come up with a single reason why it's difficult for moms to use Netflix on a PS4, Xbox One, Wii, Roku, Apple TV or any other device. And they have yet to explain on how they intend on making it easier to use Netflix on their device versus other devices.

-They have yet to give legit reasons as to why you should buy one over a PS4 or Xbox One or a Streaming box like a Roku along with an Atari Flashback. Literally, the only "reason" they have given is that it has an Atari Logo.

 

-Jobs has a working iPod in his pocket during the presentation.

-Atari has absolutely nothing besides an empty plastic shell and a bunch of renders

 

-Atari is too busy posting damage control and insulting those who have anything "negative" to say on Social Media

-Apple does not have an official page (One of the few companies that don't) and zero tweets on their Twitter and doesn't care what the "haters" say, they let their success speak for itself.

 

I could go on, in fact I could write an entire book on the differences between Apple and Atari and why Apple is successful and how Atari has not done anything Apple (Or Google, or Nintendo, Or Microsoft, Or Sony) has done that has made them the success that they are.

Edited July 8, 2018 by Pink