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How do you stop bidding for a corp? (Little Upsilon)

Topics: General: How do you stop bidding for a corp? (Little Upsilon)

Berand (Little Upsilon)

Monday, December 14, 2009 - 12:01 am Click here to edit this post
How do you retract your offer for a corp, or at last stop the upping of the bid automatically?

I bid 6BB for a corp. to start a bidding process. Apparently I paid 66BB for it, and now it is worth 9B. How did that happen in one season???? It was not owned by another player.

Berand (Little Upsilon)

Monday, December 14, 2009 - 12:06 am Click here to edit this post
PS

Apparantly, a President was installed in the country, in the middle of the bid process. Still, how do I stop the bid if this happens, and why didn't the game ask me if I still wanted to bid, given the penalty??

Berand (Little Upsilon)

Monday, December 14, 2009 - 11:44 am Click here to edit this post
Is there someone that can respond to this?

How does one get in touch with a GM?

Joe3811 (Golden Rainbow)

Monday, December 14, 2009 - 05:34 pm Click here to edit this post
The players voted that the bidder should have an opportunity to retract their bid when this happens, I'm guessing 5 months ago. Since then this has happened to me 4 times (once more before the vote). Yep, it's pretty irritating when it happens.

A few months ago another vote passed that the GM's should fix these sort of "glitches" rather than enhancements such as space stations, weapons components, solid fuel. I'm hoping the GM's have a fix for this glitch in the pipeline; they are certainly aware of this and other "glitches".

I'm sorry I can't be more help!

Berand (Little Upsilon)

Monday, December 14, 2009 - 05:44 pm Click here to edit this post
Is there someplace where the GM's respond(ed) to this issue?

Daelin (Little Upsilon)

Monday, December 14, 2009 - 07:06 pm Click here to edit this post
Truthfully, it's not that huge an issue. You placed a bid on a corporation and then a President decided to take office in the country you bid on. While it is a little annoying, $66B is quite a good price for a corp, especially since it'd have cost you $100B to set it up yourself.

Berand (Little Upsilon)

Tuesday, December 15, 2009 - 03:23 am Click here to edit this post
I am not very experienced in this game, but it is a differnt universe indeed when paying $66BB for something that is broken, and requires investment and is worth $6B the month before you bought it, and $6B the month after...is a big deal. Especially in a new enterprise, where there was only $500BB to begin with. Especially when you are not allowed to stop the spending of your own money, when circumstances have changed.

Perhaps its not a big deal to a conglomerate with many other revenue streams to compensate, but those two "penalties" (it was two companies in the country that was "presidented" that I was bidding on) were $110BB together, and subtracting the cash left over from my mega-loan to cover the purchases, I had negative equity, after being very proud of producing a profit from my very first deal (Other than new builds, as you have correctly pointed out...the primary reason I discontinued new building and focused on buying companies) up to that point.

So, two deals wipe out 1/5'th of my starting cash, and reduces me to $0 working capital or acquisition funds.

I'd say thats a huge issue.

CraftyCockney

Tuesday, December 15, 2009 - 04:11 pm Click here to edit this post
Berand, while I appreciate your concern about this as a new player, honestly it is a very minor hiccup and soon you will be worrying about trillions, not a few billion. Roll with the punches for now sir/madam, you will be just fine.

Crafty.

Joe3811 (Golden Rainbow)

Wednesday, December 16, 2009 - 05:38 pm Click here to edit this post
This kind of glitch certainly takes a lot of fun out of the game for those who are predisposed to worry about details. While in the "grand scheme" this "glitch" may be unimportant, having the game be fun for as many as possible is important.

Plato (Little Upsilon)

Friday, December 18, 2009 - 08:34 am Click here to edit this post
Berand,

Buy corps from countries that have just lost their presidents. The auction will be over before a new president can be install. Also, only buy good corps that have been upgraded. I never pay more than 50-100B for one of these and they start making you money quick.

Also, right now running a good CEO on LU outside your own country is a little difficult because there is a shortage of good player owned countries with low taxes.


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