talked to ej

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talked to ej

Postby 9sam1 » Sun Feb 18, 2007 11:02 pm

talked to ej in game.. asked him bout pv he said " im not worried about it" yea just thought i should tell you i guess lol.
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Postby thadiusofx3 » Sun Feb 18, 2007 11:51 pm

As a fellow programmer, I understand his position about the project.
He thinks that no one can produce a xenimus-like game in any timely fashion because it took him years and years or programming and design to do it.

Also as a fellow programmer, I understand that a challenge is always welcome =)
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Postby Karl G. » Mon Feb 19, 2007 12:18 pm

I'm surprised that he's so mellow. If it were me I'd at least try to talk to the people trying to recreate my game. Either that or he's just being sneaky and is planning some massive attack on us when it is completed.

By the way, as I was doing my taxes this year, I discovered that if donations reach > $400 this venture becomes a business, and I have to pay 15% tax on it and start registering for trademarks and stuff, which incurs even more expense ($275!!!). So I guess if we get more than $400 things are going to get pretty interesting around here...but we'll get there when we get there. Let's finish this game first :D
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Postby Morn » Mon Feb 19, 2007 12:49 pm

Karl G. wrote:By the way, as I was doing my taxes this year, I discovered that if donations reach > $400 this venture becomes a business, and I have to pay 15% tax on it and start registering for trademarks and stuff, which incurs even more expense ($275!!!). So I guess if we get more than $400 things are going to get pretty interesting around here...but we'll get there when we get there. Let's finish this game first :D

Intrestingly enough if donations stop at exactly 400 dollars you'll have 5 dollars left after those expenses
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Postby Karl G. » Mon Feb 19, 2007 1:22 pm

Lol yeah, and no money left to buy models...which is annoying. So it's all or nothing I guess.
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Postby thadiusofx3 » Mon Feb 19, 2007 1:40 pm

close donations at 399 lol
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Postby Morn » Mon Feb 19, 2007 2:01 pm

Make your donation goal below 400 or far above it.
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Postby 9sam1 » Mon Feb 19, 2007 2:51 pm

it dont matter, EJ does not pay taxes and he makes more then that from xen. Also since its such a small amount the gov really wont bother. Trust me my dad tryed to shut down xenimus lol...
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Postby Karl G. » Mon Feb 19, 2007 2:54 pm

EJ doesn't pay taxes on Xenimus? That seems unlikely, he has a very apparent and traceable record of cash flow, etc...well then again, maybe that's why he never lets it out of beta.


So this brings up an interesting issue. If more than $400 makes me a business, releasing the open source code to this project wouldn't be a very good business move...
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Postby Morn » Mon Feb 19, 2007 3:17 pm

Depends on the goal of the business. It could be a very good move in proving that you are a Not-for-profit business
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Postby Karl G. » Mon Feb 19, 2007 3:36 pm

An NPO has to be charitable, and even then:
ila.org wrote:Not all not-for-profit organizations qualify for a tax exemption. For instance, the American Heart Association is a not-for-profit corporation which would also qualify for federal tax exemption. On the other hand, a neighborhood homeowners' association is also not-for-profit but would not qualify for a tax break. Only certain kinds of not-for-profit organizations--charities, schools, churches, clubs, etc.--fall into the tax exempt category.


I don't think producing a computer game is charitable, and so far, I definitely meet the IRS qualifications for being "self-employed", I'm just missing the $400 income it takes to put me there.
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Postby Morn » Mon Feb 19, 2007 5:17 pm

Then you need to determine how important it is to have an open source is. Open source doesn't mean no profit, if you willing to buy new ideas that other people (Ideally and most likely players) are going to develope and even test first.
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Postby Joe M. » Mon Feb 19, 2007 5:25 pm

pshaw. "non-profit business" is a contradictory phrase.

Life, Liberty, Property!

(and yes, Locke does, in fact, pwn Jefferson. The dirty little thief couldn't even get it right... :D )
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Postby Karl G. » Tue Feb 20, 2007 10:09 am

haha thanks Joe.
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Postby secretrk1313 » Mon Feb 26, 2007 4:10 pm

im currous karl, what are donations currently at?
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Postby thadiusofx3 » Mon Feb 26, 2007 5:30 pm

there is a donation thread at the top of the forum with the current status
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