Elite Dangerous Lakon Spaceways on verge of Collapse

Elite Dangerous Lakon Spaceways on verge of Collapse
Economic instability has caused the value of shares in Lakon Spaceways to drop to unprecedented lows, placing the company’s future in doubt.

A hostile takeover bid by Federal corporation Core Dynamics has raised concerns in the Alliance over the loss of a major defence 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, although Lakon Spaceways continues to manufacture and sell ships, its lack of reserves and a loss of confidence among investors may lead to insolvency and dissolution.

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, Lakon’s stock will rise to new heights.”

According to Federal business analysts, there are indications of displeasure among Core Dynamics senior directors regarding this takeover. An anonymous source from within the corporation told Vox Galactica:

“The Lakon merger is entirely Jupiter Rochester’s project. Frankly, it’s sheer greed. Our income has soared recently with 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 they’re his personal kingdom.
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---⏱️Timestamps⏱️---
00:01 Galnet Update Lakon Spaceways
00:02 The Loakon share price
00:03 Lakon spaceways share collapse
About Elite Dangerous
Elite: Dangerous or Elite 4 is a space adventure, trading, and combat simulation video game developed and published by Frontier Developments played on PC, Mac and Xbox one and is the fourth release in the Elite video game series Piloting a spaceship, the player explores a realistic 1:1 scale open world galaxy based on the real Milky Way, with the gameplay being open-ended. The game is the first in the series to attempt to feature massively multiplayer gameplay, with players' actions affecting the narrative story of the game's persistent universe, while also retaining single player options. Elite Dangerous Odyssey is due in 2021 but the latter part of 2020 has seen Elite dangerous embrace community goals and more player involvement

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