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It might still function but you are better off not trying it. I havent got the time anymore to update my mods unfortunately, but they are up for grabs if anyone wants to continue them or make their own versions, anyone is allowed to do anything with any part of any mod I made.
The Trading Co. function so far as their own factions. They field armies and use them. No complaints there.
Although the Trading Companies say "This faction does not trade." I was still able to offer trade agreements to both the Dwarven Trading Co. and the Imperial Trading Co. (which they both accepted). I wasn't able to offer trade to the Bretonnian Trading Co.
Although the Imperial Trading Co. has 3 settlements, I still only receive 5 Wood from them.
All in all, this is still a functional mod, so I recommend it for your Marienburg campaign!
Mostly.
It's turn 24 in my test game. So far, and in order, I have created the Dwarven Trading Co., the Bretonnian Trading Co., and the Imperial Trading Co. I have captured 3 settlements for the Imperial Trading Co.
The resource you get from the Trading Co. takes a turn to arrive.
Only the Dwarven Trading Co. is a vassal. Is it a Total War limitation to only have 1 vassal? I don't normally have vassals in my playthroughs.
I do not have many diplomatic options with the other Trading Companies, however our diplomatic relations are very high and we automatically have Military Access pacts. I can still ask them to Declare War, however since they are not my vassals they may accept or decline.