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 Post subject: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 1:45 am 


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http://www.siliconera.com/2013/03/21/ch ... -arrested/

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Last edited by KAI on Fri Mar 22, 2013 1:54 am, edited 2 times in total.

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 Post subject: Re: WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
PostPosted: Fri Mar 22, 2013 1:49 am 


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Absolutely the strangest thing I've read in quite a while.
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 Post subject: Re: WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
PostPosted: Fri Mar 22, 2013 1:52 am 


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You didn't have to make the thread with such a nondescript thread title.
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 Post subject: Re: WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
PostPosted: Fri Mar 22, 2013 1:53 am 


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Joined: 21 Apr 2012
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Location: Toronto
That's the most bizarre thing I've read in quite some time... o.O


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 1:57 am 


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It's happening...

Now Ex-Milestone devs and Cave will merge as Cavestone with their first game being Chaos Radirgy Futari Mega Black Label EXTRA
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Last edited by Uzumakijl on Fri Mar 22, 2013 2:09 am, edited 1 time in total.

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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 1:59 am 


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HOLY SHIT

I mean, that sucks and all, but holy SHIT


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 2:17 am 


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Surprisingly, the Crown has issued a statement on Kimura's situation.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 2:21 am 


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I wonder if that Roger guy that they mentioned on their webpage right before it was shut down (they mentioned something about that he was the reason for the demise of the company if I remember correctly), had anything to do with the Bio Energy company as well...


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 3:14 am 


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It's been a odd week in shmup land hasn't it :?

There goes my hopes for a Milestone 360 collection
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 3:41 am 



Joined: 29 Apr 2012
Posts: 1090
Had to drop back in to respond to this.

It seems my strong dislike of Milestone's works was not unfounded. If you bought any of their games new while they were still in business, you supported the exploitation of a developing country through shady, unregulated business deals, not to mention an inherently risky alternative energy source and what would have been considerable damage to the local environment.

Ha ha, MileStone Bio Energy.


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 3:58 am 


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Yeah, I feel so guilty about buying some fun shooting games.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 4:46 am 


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In before CAVE shuts down and the CEO gets arrested for constructing EVAC industry.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 5:15 am 


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pestro87 wrote:
I wonder if that Roger guy that they mentioned on their webpage right before it was shut down (they mentioned something about that he was the reason for the demise of the company if I remember correctly), had anything to do with the Bio Energy company as well...


yeah - who the hell was that guy?
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 5:17 am 


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How depressing. This guy wasn't some generic businessman president either. Kimura founded MileStone along with his colleagues because they were all shooter fans and he specifically had some original projects he wanted to do. :cry:
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 5:37 am 


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Holy crap, this was unexpected!! It sounds like there was some shady leveraging going on. I'm looking forward to reading some more about this


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 5:44 am 


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It's Gizmondo all over again!
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 8:53 am 


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This has got investment fraud written all over it - a green aspect to the project to make investors feel good about it, a long term investment, so once people have handed over their money they won't come bothering you every five minutes, breach of legislation regarding financial instruments, an overseas operation making it hard to look into, and an arrest as well - you don't arrest someone for filling in a form wrong...


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 1:46 pm 


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Well perhaps He will get out of this without much finiancial damage.

Milestone might get back on their feet if Kimura comes back.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 1:57 pm 


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This is just fucking bizzare. But still somehow entertaining.


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 3:33 pm 


Man I never a fan of Milestone games but he does not deserve that treatment... It was hilarious though if he had to go to prison because his games was so bad.


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 5:23 pm 



Joined: 15 Jan 2010
Posts: 845
Damn speaking of which, this so weird. Who'd ever thought that milestone was going to be shutted down like this. I wish he were accused of being a yakuza member, that would have been a much honorable fate.


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 10:58 pm 


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So Kimura is arrested because of his actions with the other company MS Bio - but Milestone the software company didn't have anything to do with the actions of MS Bio, right? So therefore Milestone wasn't shut down because of the shading dealings and theoretically Milestone could just promote/hire a new president. - Obviously that wasn't feasible for whatever reason since they are announcing the company is out of business, perhaps because of the small tightly knit nature of the company, but the shady dealings can't have been the only thing resulting in Milestone software co going out of business. Probably capital/cash flow issues, although I enjoyed them for what they were, I didn't get the idea any of their games were big sellers.


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Fri Mar 22, 2013 11:12 pm 


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I think money which milestone was using was invested in Bio.
Or at least a huge part of it.
Huge enough to warrant a shutdown.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Sat Mar 23, 2013 2:14 am 


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While extremely bizarre, this is still sad news to me. Milestone will probably never be back. I hope their staff find opportunities elsewhere to make shmups again.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Sat Mar 23, 2013 11:56 pm 


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What a shocker and a bummer. It's even stranger than the 38 Studios/Big Huge Games situation from 2012.
So sorry for the developers- and I'm hoping they do find work soon or even start a new company.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Sun Mar 24, 2013 3:57 pm 


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Wow what the hell, I'm away from the forum for a bit and when I come back this is the first thing I see.
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Sun Mar 24, 2013 4:08 pm 


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psoslayer wrote:
Man I never a fan of Milestone games but he does not deserve that treatment


Why not? Getting arrested sounds exactly like the treatment a criminal deserves.


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 Post subject: Re: Milestone President Arrested!!
PostPosted: Sun Mar 24, 2013 6:56 pm 


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SFKhoa wrote:
In before CAVE shuts down and the CEO gets arrested for constructing EVAC industry.


LoL :!: In their heads!
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Last edited by Aleksei on Mon Mar 25, 2013 9:55 am, edited 1 time in total.

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 Post subject: Re: Milestone President Arrested!!
PostPosted: Mon Mar 25, 2013 4:49 am 


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Oh wow. It's been a while being part of this community and yet this thing happened to the entire company as a whole. :(
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 Post subject: Re: Milestone President Arrested!!
PostPosted: Mon Mar 25, 2013 8:01 am 


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Hiroshi Kimura wrote:
Count on us to surprise you!


Mission accomplished I guess..
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