Lt. Commander
Join Date: Dec 2007
Posts: 120
# 21
02-14-2012, 06:22 PM
Quote:
Originally Posted by LewsTelamon001
Since Cryptic Studios is now a wholly-owned subsidiary of Perfect World Co., Ltd., I would presume that there is no such thing as Cryptic stock anymore. Ergo, the only shareholders would be the parent company.
"Wholly Owned Subsidiary" = 100% of the stock is in the hands of the parent company, BUT the stock does exist. This way Cryptic does indeed still exist as a seperate entity should PWE decide to try and sell them again (IE they would sell 100% of the Cryptic stock they hold to the next buyer). But, it's 100% true that when he refers to 'the stockholders' it's just a different way of saying "PWE Corporate".
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 22
02-14-2012, 06:24 PM
Glad to see traditional STOked, again!
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 23
02-14-2012, 06:25 PM
Quote:
Originally Posted by Armsman View Post
"Wholly Owned Subsidiary" = 100% of the stock is in the hands of the parent company, BUT the stock does exist. This way Cryptic does indeed still exist as a seperate entity should PWE decide to try and sell them again (IE they would sell 100% of the Cryptic stock they hold to the next buyer). But, it's 100% true that when he refers to 'the stockholders' it's just a different way of saying "PWE Corporate".
Which just seems odd to me since he mentioned Perfect World in the same sentance. Also an interesting note, but PWE owns Cryptic Studios, PWE is owned by Perfect World Company. PWC actually has public stock, so perhaps that is the share holder?
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 24
02-15-2012, 06:41 AM
Hey good to see StoK'd back on the air.

Good Interview, and thanks for nailing some things down up front. So many folks reading things into what Al is saying and crying "wolf" good to see some clarification.

*thumbs up*
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 25 Welcome Back
02-15-2012, 07:24 AM
Its great to have you back. Hope you continue to grow and prosper, and more importantly ask the difficult questions.
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