MasterLobar
Angry OtherSide Refugee
I actually think that's unlikely. The use of these funds is very likely controlled tightly and tied to specific expenditures related the game for which the publishing deal was signed.
My suspicion is the following: In the publishing deal, they promised 505 to finish UA with a given amount of funding. When due to mismanagement, they ran out of funds for UA in mid-2018, 505 refused to give more cash, but the game wasn't even half finished (Backer Beta), so they feared they would get sued by 505 if they don't fix the worst bugs.
I think that's why they raised $3.5 million in new series A stock equity in August 2018, which obviously came from the OS management/owners.
Today, they openly admit they are using own funds to pay for the updates (and also for the console version which was likely promised in their publishing deal). Why would they do that for a game that isn't selling? Because 505 would sue otherwise.
Btw, when I started to point this out on the OS forum, my posts got repeatedly deleted. Seems to be a soft spot.
My suspicion is the following: In the publishing deal, they promised 505 to finish UA with a given amount of funding. When due to mismanagement, they ran out of funds for UA in mid-2018, 505 refused to give more cash, but the game wasn't even half finished (Backer Beta), so they feared they would get sued by 505 if they don't fix the worst bugs.
I think that's why they raised $3.5 million in new series A stock equity in August 2018, which obviously came from the OS management/owners.
Today, they openly admit they are using own funds to pay for the updates (and also for the console version which was likely promised in their publishing deal). Why would they do that for a game that isn't selling? Because 505 would sue otherwise.
Btw, when I started to point this out on the OS forum, my posts got repeatedly deleted. Seems to be a soft spot.