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American Game Cartridges
American Game Cartridges (AGC) was an American video game developer and publisher established as a subsidiary of ShareData in 1990. Like ShareData, American Game Cartridges was headquartered in Chandler, Arizona. AGC published three video games for the Nintendo Entertainment System (NES) in 1990. Prior to the founding of American Game Cartridges, ShareData hired Richard C. Frick as Vice President of Product Development. Frick worked previously at Atari Games, and had some experience with their console game subsidiary, Tengen. Tengen was one of several game developers who rejected the contract terms that Nintendo imposed on its licensees. Instead, such developers published unlicensed games that defeated the NES's lockout chip. Frick was acquainted with this strategy, and applied it at ShareData's new company, American Game Cartridges. To defeat the NES's lockout chip, called 10NES, AGC licensed technology from Color Dreams. AGC also licensed two titles from arcade game manu ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Color Dreams
Wisdom Tree, Inc. is an American developer of Christian video games. Originally founded in 1988 as Color Dreams, one of the first companies to work around Nintendo's lockout chip technology for the Nintendo Entertainment System, the company changed its focus to Christian games in 1990, changing its name to Wisdom Tree the following year. History The company was based in Brea, California, and was started by Daniel Lawton, a self-educated computer programmer and vocal opponent of Nintendo's licensing policy. Founded in 1988, Color Dreams was one of the largest producers of unlicensed games for the NES, but, due to pressure from Nintendo, Color Dreams faced many difficulties getting retailers to stock its games. Although Color Dreams violated no laws in opting out of the Nintendo licensing system with its workaround of Nintendo's lockout chip technology, Nintendo was displeased that it was receiving no revenues from Color Dreams games, and wanted to prevent other companies from fo ...
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Crossbow (video Game)
''Crossbow'' is a light gun shooter video game released in arcades by Exidy in 1983. It was later published by Absolute Entertainment for the Commodore 64 and MS-DOS, and by Atari Corporation for the Atari 2600, Atari 7800, and Atari 8-bit family starting in 1987. The game is controlled via a positional gun that resembles a full-sized crossbow. Exidy promoted ''Crossbow'' to arcade operators as being convertible to new themes released in the future. Five themed conversion kits were created, each commencing with the letter 'c': ''Cheyenne'', ''Combat'', ''Crackshot'', ''Clay Pigeon'', and the controversial ''Chiller''. Several more games were also released for the system: Hit 'n Miss, Showdown, Top Secret, and Who Dunnit. Gameplay The player protects a band of adventurers from afar by shooting objects that threaten them. The adventurers enter from the left-hand side of the screen and attempt to cross the screen unharmed. If the player helps them reach the opposite side of the ...
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Wally Bear And The NO! Gang
''Wally Bear and the NO! Gang'' is an educational Nintendo Entertainment System game that was released in 1992 exclusively for a North American audience. It was not licensed by Nintendo. The game teaches children to say no to potentially harmful drugs like tobacco, alcohol and marijuana. ''Wally Bear and the NO! Gang'' was designed in cooperation with, and endorsed by, the American Medical Association and the National Clearinghouse for Alcohol and Drug Information. Wally Bear characters Wally Bear and related characters were originally conceived by Walter J. Marsh, founder of Foglesville, Pennsylvania Edutainment, Inc. The company was founded in April 1990, and a trademark for "Wally Bear and the No Gang" was established in September of that year. A newer character, Recycleman, was trademarked in November, 1991. Long after the release of this NES game, and separate from it, Wally Bear and related characters are still used by the National Clearinghouse for Alcohol and Drug Infor ...
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American Video Entertainment
American Video Entertainment, Inc. was an American video game company based in San Jose, California. The company developed unlicensed video games for the Nintendo Entertainment System. The company developed two games on its own, ''Dudes with Attitude'' and ''Trolls on Treasure Island'', and published 19 games altogether for the NES. Antitrust lawsuit In January 1991, American Video Entertainment filed an antitrust lawsuit against Nintendo of America and its parent company, Nintendo. Seeking US$105 million in damages and filed by antitrust lawyer Joseph Alioto Joseph Lawrence Alioto (February 12, 1916 – January 29, 1998) was an American politician who served as the 36th mayor of San Francisco, California, from 1968 to 1976. Biography Alioto was born in San Francisco in 1916. His father, Giuseppe ..., the suit alleged that Nintendo's use of technology to prevent unlicensed games from running on their Nintendo Entertainment System console violated United States antitrus ...
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Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the List of United States cities by population, fifth-most populous city in the United States, and the only U.S. state capital with a population of more than one million residents. Phoenix is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun, which in turn is part of the Salt River Valley. The metropolitan area is the 11th largest by population in the United States, with approximately 4.85 million people . Phoenix, the seat of Maricopa County, Arizona, Maricopa County, has the largest area of all cities in Arizona, with an area of , and is also the List of United States cities by area, 11th largest city by area in the United States. It is the largest metropolitan area, bo ...
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Bankruptcy In The United States
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact "uniform Laws on the subject of Bankruptcies throughout the United States". Congress has exercised this authority several times since 1801, including through adoption of the Bankruptcy Reform Act of 1978, as amended, codified in Title 11 of the United States Code and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). Some laws relevant to bankruptcy are found in other parts of the United States Code. For example, bankruptcy crimes are found in Title 18 of the United States Code (Crimes). Tax implications of bankruptcy are found in Title 26 of the United States Code ( Internal Revenue Code), and the creation and jurisdiction of bankruptcy courts are found in Title 28 of the United States Code (Judiciary and Judicial procedure). Bankrupt ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Business Model
A business model describes how an organization creates, delivers, and captures value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture. Context The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models ...
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Shockwave (video Game)
''Shockwave'' is an unlicensed 1990 puzzle game for the Nintendo Entertainment System developed and published by American Game Cartridges. Gameplay The object of the game is to collect all of the crystals left behind by the extinct alien race, the Tarians. The game asks the player to input their name. The game uses a three-character password system that is influenced by the name the player chose at the beginning of the game. The game can also be played by two players, but there is only an alternative mode. All the crystals in the level must be retrieved under a strict time limit that simulates the space suit getting weaker and eventually running out of strength. Once the space suit has been destroyed, the player is killed and loses a life. The enemies are fireballs, which bounce around in the stage. The player's weapon can destroy cracked blocks, but it can also create a shockwave in solid blocks, pushing the last block in a line of adjacent blocks. Bonus items such as hou ...
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Death Race (1976 Video Game)
''Death Race'' is an arcade driving video game developed and released by Exidy in the United States, first shipping to arcade distributors in April 1976. The game was a modification of Exidy's 1975 game '' Destruction Derby'' in which players crashed into cars to accrue points. In ''Death Race'', the objective became to run into "gremlins" to gain score. The game could be played with one or two players controlling different cars. The original working title for the game which appeared on some early advertisements was ''Death Race 98''. The game attracted a great deal of controversy over the content of the game which was centered around killing humanoid figures. In July 1976, newspapers and civic organizations began to attack the game for facilitating violence in virtual form. Gameplay In the game, one or two players control an on-screen car with a steering wheel and an acceleration pedal. The object is to run down "gremlins" who are fleeing the vehicle. As the player hits them, ...
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