Wednesday, July 04, 2007

Call for Judgment: Bankrupt???

Quorum of AGAINST votes
failed by Hix

Adminned at 06 Jul 2007 12:53:09 UTC

At 1:30 This Morning, the Brendan used eir Deamon to increase the Credit Limit of Chronos by 3M. This action, at the time, rendered Chronos bankrupt.

Chronos then increased eir cash back within eir credit limit, however, the clause of getting out of bankrupcy is:

If any Bankrupt Corporation has a positive amount of Cash, it is no longer Bankrupt.

Chronos did not achieve a positive amount of Cash, and so is still Bankrupt.

When Bucky advanced time, e, thinking that Chronos was not bankrupt, allowed Chronos to to produce non-cash products which is also in violation of the rules.

Bankrupt Corporations may not Produce anything but Cash.

Thus, with all that being said:

Set Chronos’s Cash to: -$98M (eir cash was $-212 and e produced 125 cash. Then, at -1.1% interest eir cash becomes -$98)
Set Chronos’s Offices = 6 (eir original value)
Set Chronos’s Factories = to 34 (eir original value)
Set Chronos’s Souls = to 20 (eir original value)

Comments

Clucky: he/him

04-07-2007 17:33:59 UTC

for

Denis Brandao:

04-07-2007 18:03:38 UTC

I think your math is wrong. $-212M + $125M = $-87M.

$-87M Multiplied by 1.1 (any Corporation with a negative amount of Cash has eir Cash multiplied by 1.1 and rounded to the nearest $1M.) = $-96M ($-95.7M rounded up).

But in the rest of your CfJ your are right.

Denis Brandao:

04-07-2007 18:27:22 UTC

against  Chronos has agreed with it. And already corrected it in GNDT.

Bucky:

04-07-2007 20:13:10 UTC

against See above.

Brendan: he/him

04-07-2007 21:06:43 UTC

against Welcome to the Xorph Conglomerates family, Chronos!

Clucky: he/him

04-07-2007 22:18:25 UTC

Ok.  against

Nicely done, Brendan. If only I had had enough cash…

ChronosPhaenon:

05-07-2007 16:36:35 UTC

against

Hix:

06-07-2007 19:52:04 UTC

(I’ve already unidled myself
against makes quorum.