yes folks the long rumored collapse of lake on space ways is finally happened they face
financial collapse instability has caused the value of shares in lake on space ways
to drop to unprecedented lows placing the company's future in doubt
lake on space ways is one of the oldest ship manufacturers in the elite dangerous galaxy their
very first dedicated transport vessel was built on earth in the late 26th century and lakon's early
ship models were known for the ease for which they could be repaired away from port but it would
seem that legacy cannot always pay the bills and despite a partnership with the alliance to build
ships in response to the thyroid threat in the pleiades sector resulting in the vessel the type
10 for example um you know a revision the type 9 heavy that could not even save lake on industries
for what is about to come and that being a hostile takeover lacon is responsible for many of the
ships that we see in the elite dangerous galaxy today the alliance challenger the chieftain the
crusader my favorite or one of my favorites the asp explorer the asp scout black explorer
keelback the type 6 the type 7 the type 9 and the type 10 heavy defender
i mean that is 12 ships of the entire elite dangerous fleet that you can get
in game you know with this sure take holder thing going on right a short-term profit boost was
needed so what was happened a 30 discount to the asp scout diamondback scout keelback type 7 and
type 10 defender went into effect in december the 7th to december the 30th today 3306 in an attempt
to fend off this hostile takeover a hostile takeover bid by the federal corporation core
dynamics has raised concerns in the alliance over the loss of major defense contractor
the independent commission for market equality has also reported irregularities in the recent
transfer of share ownership which may lead to criminal investigations as a result though lake
on space ways continues to manufacture and sell ships so commanders don't worry you're still going
to go by a type 10 should you want to its lack of reserves and loss of confidence among investors
may lead to insolvency and dissolution however trent delaney the newly appointed chairperson of
lakon's board of directors announced financial mismanagement and a litany of poor business
decisions have led to this situation rest assured that once formal negotiations with our new parent
company are complete lake on stock will continue to rise according to the federal business analysts
there are indications of displeasure amongst core dynamic senior directors regarding this takeover
an anonymous source from within the corporation told vox galactica the lake on merger is entirely
jupiter rochester's project frankly it's she agreed our income has soared recently with
the new commissions from the navy but rochester's grabbing hands are always reaching for something
he runs the departments that are loyal to him like his own personal kingdom on december the 22nd 3306
an emergency general meeting of lakon investors was convened in which a majority of shareholders
voted to remove several members of the board of directors who oppose the core dynamics buyout
including chairperson lancia the new members of the board affirmed that core dynamics original bid
would be reconsidered due to economic instability and the value of the lake on shares plunged to
unprecedented lows on december 29th and the company stood on the brink of insolvency
more news as it breaks
you