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Thread: SWGEmu half-year financial report (first half of 2014)

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    The Vlada Vlada's Avatar
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    SWGEmu half-year financial report (first half of 2014)

    SWGEmu half-year financial report (first half of 2014)

    August 2014
    The SWGEmu team




    SWGEmu half-year financial report (first half of 2014) - 08/15/14


    December had a final PayPal account balance of $4,438.57


    In January we received $3,160.92 in donations.

    January had the following expenses:

    • PayPal fee = $186.13
    • Hosting Service Inc. = $246.15
    • SoftLayer = $1,719.87
    • Lomag Internet Services, LLC = $75.00
    • K&H Bank = $1,805.00

    TOTAL EXPENSES = $4,032.15
    January had a total shortfall of $871.23 with a final PayPal account balance of $3,567.34


    In February we received $3,198.50 in donations.

    February had the following expenses:

    • PayPal fee = $186.91
    • FDC dedicated servers = $199.00
    • Hosting Services, Inc. = $246.15
    • Assembla, Inc. = $16.00
    • SoftLayer = $1,767.04
    • K&H Bank = $881.00

    TOTAL EXPENSES = $3,296.10
    February had a total shortfall of $97.60 with a final PayPal account balance of $3469.74.


    In March we received $2,813.50 in donations


    March had the following expenses:

    • PayPal fee = $162.22
    • FDC dedicated servers = $199.00
    • Hosting Services, Inc. = $246.15
    • SoftLayer = $1,625.30
    • Assembla, Inc. = $19.00
    • K&H Bank = $681.80

    TOTAL EXPENSES = $2,933.47
    March had a total shortfall of $119.97 with a final PayPal account balance of $3,350.57.


    In April we received $2,736.27 in donations


    April had the following expenses:

    • PayPal fee = $159.19
    • Hosting Services, Inc. = $246.15
    • Lomag Internet Services, LLC = $75.00
    • SoftLayer = 1,197.57
    • Assembla, Inc. = $19.00
    • FDC dedicated servers = $159.00
    • RFE Hosting = $93.57
    • K&H Bank = $863.18


    TOTAL EXPENSES = $2,812.66

    April had a total shortfall of $76.39 with a final PayPal account balance of $3,274.18.


    In May we received $3,709.49 in donations

    May had the following expenses:

    • PayPal fee = $209.15
    • FDC dedicated servers = $159.00
    • RFE Hosting = $93.57
    • SoftLayer = $1,186.19
    • Assembla, Inc. = $19.00
    • Hosting Services, Inc. = $246.15
    • K&H Bank = $1,600.18

    TOTAL EXPENSES = $3,513.24
    May had a a total excess of $196.25 with a final PayPal account balance of $3,470.43.


    In June we received $2,808.98 in donations


    June had the following expenses:

    • PayPal fee = $168.42
    • SoftLayer = $1,250.03
    • Dynamic Network Services Inc. = $25.00
    • Hosting Services, Inc. = $20.00
    • FDC dedicated servers = $159.00
    • RFE Hosting = $93.57
    • K&H Bank = $468.18

    TOTAL EXPENSES = $2,184.20

    June had a total excess of $624.78 with a final PayPal account balance of $4,095.21.

    NOTE: K&H Bank is our Hungarian bank account from which we pay NPO fees, accounting and lawyer fees.
    NOTE2: Like we said before, ****** have acknowledged that they received our email but we are yet to see a real reply from them.

    ~ The SWGEmu Team
    Last edited by Vlada; 08-15-2014 at 10:48 AM.

  2. #2
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    Good to see some Excesses. I'm still a little worried about the ****** thing Hopefully we get a reply soon!
    Dusty Planet Industries.
    Drop off Vendor: -1284 758, KAGE, Lok. (Armor Vendor)

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    Senior Member decastro's Avatar
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    Quote Originally Posted by krein View Post
    Good to see some Excesses. I'm still a little worried about the ****** thing Hopefully we get a reply soon!
    The excess is good but I think we should be optimistic over the whole situation.

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    Thanks for all your hard work, only came back to the game last week and having a blast!
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    SWGEmu Guild : <Relics of Corbantis> - 'Darkness Falls' on Dantoonie.

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    Thanks for keeping us posted on this.

    I have thrown in a few chips in the pot along the way as a small thanks for the awesome job you are doing to bring the pre-cu era back

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    Junior Member Kelanos's Avatar
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    Thank you for the update.

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    4k leftin june?i realy dont want to know the account balance now,this is not good...i'm realy realy scared of the day when the paypal account will be empty,unfortunately i cant donate,i already got a ****y salary at mcdonald's and not planing to work more then a month because 6 hours i have to spend at work and another 5-7 at academy,so basicly i barely got time to sleep,i'm sorry.I realy can't.
    https://www.swgemu.com/forums/image.php?type=sigpic&userid=161667&dateline=13799  10312

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    *edit

    Nvm.

    You guys seem to be doing very well with the small amount of money you're getting.

  9. #9
    Dedicated Mininolan's Avatar
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    why are you paying ibm so much to host the server


    Drop off at Zopopolis Mall Mini-Nolan's Antiquities -5625 6144

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    The Vlada Vlada's Avatar
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    Quote Originally Posted by mininolan View Post
    why are you paying ibm so much to host the server
    ibm?

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    We are not closed down yet, so ****** cant be too worried, good to see the finances look steady

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    Quote Originally Posted by Vlada View Post
    ibm?
    SoftLayer is IBM-owned, but I don't really understand the question either. SL has always been expensive/quality.
    At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought.

  13. #13
    The Vlada Vlada's Avatar
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    Quote Originally Posted by amh007 View Post
    SoftLayer is IBM-owned, but I don't really understand the question either. SL has always been expensive/quality.
    Fact is we renegotiated prices and they are actually 60% or 70% lower than when they were in the second half of 2013.

  14. #14
    Newbie sleepwalker's Avatar
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    Quote Originally Posted by Crisiss View Post
    Like Vlada said, the only cause of the downward spiral is the lawyer fees. That's not a reason not to donate but a simple yes or no from ****** could solve our financial issue.
    Quote Originally Posted by acidanarchy View Post
    Big companies are like big government. When they see something they want to get rid of they generally play the financial game with them, which is letting things take as long as possible until the other party runs out of money and can't win.
    Quote Originally Posted by Tangent View Post
    Unfortunately, I used to work at ******. Sure, I worked in the IT dept, but I still mingled with all the other dept's. obviously. They do not let IP fall through the cracks, ever. They normally maintain a stranglehold on all IP even if it is simply shelved never to be used again. I will say this however... the ONE thing you have going for you right now is a prior agreement with SOE. ****** may be asshats when it comes to IP, but they are also deadly serious about agreements/contracts almost to a fault. If EMU has proof of an agreement with SOE, ****** will bite the bullet. If not, I expect this to be closed down as soon as they find the time to get around to it, and every single one of us who played it, will get a bill in the mail from the Mouse. ok, im joking about that last part, but after being under their employ... I'm only half joking.
    Quote Originally Posted by Palu Wojciak View Post
    Even if we are legally in the right, ****** has the money to drown us in bogus lawsuits. Sadly, it's a fairly common practice for large corporations to just financially destroy smaller projects even if said projects aren't doing anything wrong.
    Are lawyer costs an ongoing factor, or was the $5,500 for letters the end of it? This seems like it could be a major threat to the project if it's ongoing.

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    I regularly see 1500 server pop so if we all just donated $3 per month then all is groovy!

    T.

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