Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Misc
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Luminosity Gaming returns to its founder as Vertiqal cashes out
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Queen, post: 84410, member: 27"] 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. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Luminosity Gaming returns to its founder as Vertiqal cashes out
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top