 Tangelis, on 02 November 2015 - 03:26 PM, said:
Tangelis, on 02 November 2015 - 03:26 PM, said:
In regards to IGP itself. I have no idea where this 22 million debt figure comes from, though IGP did file proceedings for bankruptcy under their former CEO.  PGI got the rights to MW:O (not sure if that was part of their bankruptcy or not, might have been just before)  but they did sell the rights to MW:Tactics as part of those proceedings to AFAIK an unnamed developer. 
 
I don't know if the company actually absolved it's debts through bankruptcy, or was bought out or merely recovered or not. But it is under new management since PGI's business with them, and they still exist as a game developer.
IGP as it was during it's publishing of MWO is no longer a legal entity.  All assets including all their office items, any company vehicles, etc, were auctioned off for debt recovery.  I found the website of the company that handled the liquidation, 
http://archive.raymo...-publishing-inc  (Office Assets link)
http://archive.raymo...-for-sale/26192  (link for tender on Mechwarrior: Tactics auction, all french language PDFs.)
And they sold off all IGP's office electronics and computers, jooysticks, etc, for CAN$45,660 starting bid back in January.  MW:Tactics was sold to private buyers under a confidentiality agreement, so who knows who actually bought the rights?  As a Mechwarrior game, whoever the developer/owner is would have to get rights to the Mechwarrior name from PGI in order to continue development under the current name and art assets.  So if PGI knows who owns it, they aren't legally able to say.
 
The current IGP has no relation to the original company except for name, likely purchased for less than $2-3,000 CAN for part of the debt recovery/asset liquidation.
 
That said, if IGP really was getting 70% of all profits as Khobai said, then that should give you some kind of indication on the financial mismanagement going on behind the scenes which as screwed both MWT and MWO.
 
NVM, googling some on IGP revealed some interesting info.
https://en.wikipedia..._solidarité_FTQ
These were the majority owners of IGP, a Quebecois investment firm.  They likely saw the infusion of cash from MWO and MWT and gutted the profits in order to fund other businesses.  Typical hedge/investment fund behavior.  Other cases in point, Cerberus Capital and their ownership of Chrysler Corp leading to their bankruptcy, and the current Colt's Manufacturing/Colt's Defense bankruptcy in both Canada and the US, due to hedge fund ownership of Colt and years of being gutted for increasing CEO profit at the expense of company stability.