The iconic blue eye logo just returned home after a corporate custody battle. Vertiqal Studios Corp offloaded the Luminosity Gaming asset to Steve Maida and his group for C$125,000, kicking in later if revenue targets are hit. This transaction lets the sellers sharpen their focus on digital networks while Maida regains command of the organization he created.
Vertiqal basically admitted they only grabbed the team from Enthusiast Gaming initially to snag a premium Google Ad Monetization license for YouTube. Jon Dwyer, the head honcho, confessed to this play previously. He promised to utilize the funds from this divestment to finally pay the creators and players who sit waiting on overdue checks.
Steve Maida hopped on LinkedIn to celebrate recovering his baby. He originally built the squad before selling out to Enthusiast Gaming years back. Despite the feel-good vibes, online chatter suggests friction remains regarding those outstanding payments. The corporate suits retained all historical liabilities yet will stick around as a non-exclusive sales partner.
Max Desmarais believes handing the keys over ensures the legacy brand survives. He claims this shift lets his company concentrate on core growth engines. Meanwhile, the gaming community watches to see if the promised back pay actually hits bank accounts or if the drama continues.
Vertiqal basically admitted they only grabbed the team from Enthusiast Gaming initially to snag a premium Google Ad Monetization license for YouTube. Jon Dwyer, the head honcho, confessed to this play previously. He promised to utilize the funds from this divestment to finally pay the creators and players who sit waiting on overdue checks.
Steve Maida hopped on LinkedIn to celebrate recovering his baby. He originally built the squad before selling out to Enthusiast Gaming years back. Despite the feel-good vibes, online chatter suggests friction remains regarding those outstanding payments. The corporate suits retained all historical liabilities yet will stick around as a non-exclusive sales partner.
Max Desmarais believes handing the keys over ensures the legacy brand survives. He claims this shift lets his company concentrate on core growth engines. Meanwhile, the gaming community watches to see if the promised back pay actually hits bank accounts or if the drama continues.
