Can you imagine a game system that says a fighter can only use a dagger at 1 st level, then moves up to a short sword, than a long sword and finally at higher level can use a 2-handed sword? ThatвЂ™s the same thing. IвЂ™ve heard the argument that itвЂ™s вЂњfor game balanceвЂќ-I think thatвЂ™s absurd. Since MnvArm is a skill that basically ties a characters ability to wear better/heavier armor to their level. IвЂ™ve always had an issue with it in concept and it unnecessarily complicated encumbrance rules by having this вЂњdual pathвЂќ calculation of min/max armor penalties, encumbrance by weight and the Quickness penalty. As of 11:55 a.m., Sprint stock remained down more than five and a half percent.While both encumbrance and fatigue are critical elements in ourВ gameВ itвЂ™s always added an extra step of record keeping that was onerous.В WeвЂ™ve played around with several mechanisms but found that the new piecemeal armor and fatigue rule in RMU work great but weвЂ™ve taken it one step further.ДЇirst, weвЂ™ve eliminated the Maneuvering in Armor skill. Sprint investors reacted poorly to the news Friday morning, resulting in a dip of five percent in early premarket trading. However, the company also released a downward revision to its financial outlook for Adjusted EBITDA for fiscal year 2015, lowering expectations from $7.2 to $7.6 billion down to $6.8 to 7.1 billion. вЂњI cannot underscore enough how influential SoftBank has been in bringing a strong team together,вЂќ Robbiati said on a FridayвЂ™s call.ДЄlongside the announcement, Sprint said it has revised its Receivables Facility to include the sale of future lease receivables, which increased the maximum funding limit to $4.3 billion. Brightstar will also provide reverse logistics and device remarketing services for the new company,В including the execution of aВ forward purchase agreement with Foxconn that has yet to be finalized, Sprint said. Sprint, which had previously teased its plans to start a device leasing company, said Mobile Leasing Solutions was formed with the help of equity investors, including SprintвЂ™s parent company Softbank and three other Japanese banks, and structural support from Brightstar CorpвЂ™s Financial Services Business.

вЂњWe are very comfortable that this is not a structure that is one off, itвЂ™s something we can replicate and is here to stay,вЂќ Robbiati said. Robbiati said one of the most important aspects of the deal is its creation of a sustainable ecosystem of partners for future transactions. Future tranches will probably be done on a smaller scale, Robbiati said. A second tranche can be expected in March of 2016, he said. Robbiati said the December tranche will be the first of вЂњmany,вЂќ and said he expects further transactionsВ will occur on a quarterly basis. вЂњProviding mobile devices to customers is the biggest use of cash in the carrier model and with this new structure we have more closely aligned SprintвЂ™s cash flows with those associated with leasing devices to our customers.вЂќДЄccording to details provided by Robbiati on a Friday investor call, the deal will help Sprint address the working capital impacts of leasing by aligning the timing of cash inflows and outflows. вЂњSprint and SoftBank have worked together to create a unique structure that advances a very high percentage of the total value of certain devices leased to our customers, including the device residual values,вЂќ Robbiati said in a statement. Sprint said the transaction, which is expected to close in early December, will вЂњimmediately improve the companyвЂ™s liquidity positionвЂќ and create a вЂњrepeatable structure to sell future leased devices.вЂќ The sale will not result in any changes to the customerвЂ™s options at the end of the lease term, which will include the return or purchase of the device or continuation of a lease on a month-to-month basis, Robbiati said. According to Sprint CFO Tarek Robbiati, nearly 2.5 million devices will be sold to Mobile Leasing Solutions as part of the deal, many of which will be high-end devices with significant time remaining on their leases. Sprint announced Friday it has signed a $1.2 billion deal with newly formed device leasing company Mobile Leasing Solutions, LLC for the sale and lease-back of certain leased devices.ДЄccording to Sprint, the deal is expected to provide the carrier with $1.1 billion in cash proceeds as part of $1.2 billion in total considerations in exchange for nearly $1.3 billion in leased device assets.

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