Simcountry
Forum General Corp cash levels

Corp cash levels

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Andy

All worlds
16 Oct 2017 12:10Link
I promised to look into it and I did.

We have recently increased the maximum loans a corporation can have before it is bankrupted.
This was done to reduce bankruptcies and allow the mechanism that tries to save them by cash transfers, to do its job.

In the process, we also increased the margin between showing a warning on the corporations page and real bankruptcy.

This caused the "save-the-corporation" process to trigger earlier and more forceful.

The result was that in case the cash in corporations went under 40B, it could receive 35B from the owner (Country or Enterprise).
This happens if the owner has enough cash.

We think that these higher levels of cash in corporations will help reduce bankruptcies.

We will reduce these amounts to the level before the debt-max-change.

This will take place tomorrow, Tuesday Oct. 17 with the coming upgrade.

The entire process
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Andy

All worlds
16 Oct 2017 20:09Link
Just to correct you.

Nobody has lost a penny.

These were transfers from the countries and enterprises into all the corporations with cash under 40B, giving each one of them 35B.
for 100 corporations it is 3.5T and for 400, it is 14T.
This happened before too but at 30B and the transfer was 25B.

we are returning to the previous numbers tomorrow.

We think that the new numbers were better but we will leave it for now as numbers in the game keep falling and at some point, the total effect will reach the same result.
J
Jauterson001

All worlds
16 Oct 2017 20:22Link
I do believe that nobody lost any money during these transfers. My only question pertains to the enterprises that had to take loans to cover the automatic transfers. If the enterprises never made the transfers, then they wouldn't have to take any loans to cover the shortfall of cash in the CEO. Obviously these can be paid back when you transfer the money back out of the corps and into the CEO. But what about the interest paid on the loans? I do see that as lost money there. Not much lost money but there is a little bit there ;)

Thanks for getting this issue resolved and explained!
J
Johanas Bilderberg

All worlds
16 Oct 2017 22:53Link
Thanks Andy. I am sure digging through hundreds of lines of code wasn't fun.

Also no one lost money. It is the same as taking it from your wallet and putting it in your pocket.
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Khome

All worlds
17 Oct 2017 00:27Link
Problem with putting the money from the wallet into the pocket is that the "wallet" was trillions into the negative while the pocket was overflowing. Very few of my corps were close to bankruptcy, even if there were more, this solution was causing more of a problem than necessary.
If anything, make this an optional automated feature; where the president or CEO can choose to have these automatic transfers to happen or not. I sure do not see the point; if any of my corps were running deficits, going into debt and close to bankruptcy, I just transferred cash into them manually and paid off the loans on my own. MUCH EASIER to manage. The mass automation was just superfluous and was an attempt to address a relatively minor problem with a sweeping solution to the majority of our other corps.

But yes, thank you for returning it! I'll handle my own debts; I did fine.
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Andy

All worlds
17 Oct 2017 10:19Link
This feature was running for years with smaller numbers and we had never any discussion about it.
When we increased the max loan level, we have implicitly increased these amounts.

We are now going back to what it was for ever and it helps a lot with people who are not aware of the bankruptcy possibility and it prevents many problems.

Just try to keep the cash in the corporations above 30B and it will hardly ever trigger. If it does, it will be very few corporations and the amount will be
few * 25B
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Fantasticzero

All worlds
17 Oct 2017 18:10Link
Ok, I see what you guys tried to do with the change. Only problem with that is, most of people here talking here had to see their enterprise in bigger debt cos of the change, including me. If it's about 25B and minimum at 30B, you can tight-manage companies and have all that cash for enterprise to expand and so on. There may be possibility of bankruptcy of companies with low cash, but I never had the problem with 25B injection.

If you have a load of cash enough to inject 30B to all the companies you own, it's not a big deal. but someone like me doesn't have that much cash available in enterprise and I have to bring loans for that. Bigger loan means more interest, and more loosing.

I agree that new settings had its merits, with the new max loan level setting. It's just that injection of 35B was a little harsh for ones like us.
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Andy

All worlds
18 Oct 2017 09:35Link
We agree.
we already returned to the lower numbers.
It was never our intention to change them but we do need this feature.
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Sheepman RGB

All worlds
18 Oct 2017 14:33Link
well atleast my goods dident disappear, thank you andy :)
K
Khome

All worlds
18 Oct 2017 14:37Link
The way it is set now, keeping corps just above 30B with only 25B transferred if it falls below 30B, is making a great difference now! My enterprises are no longer in the negative and my corps are still doing great.

I'll say it again, thank you!!
S
SuperSoldierRCP

All worlds
18 Oct 2017 21:54Link
Andy,

In regards to state corps will be be able anytime soon to be able to transfer money in or out of them the same way CEO's can?
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Andy

All worlds
18 Oct 2017 22:21Link
State corporations, by design, do not do that.

These corporations where they exist in the real world, are not treated like corporations in a private conglomerate.