All I know from the pilot is I wouldn't doubt there are in fact three bad teams.
I think the show has too much drama. There is the underground criminal element with the vampire who wants to kill the fat guy for some reason. Then you have the human conspiracy from the ex-mayor, and the organization that placed the Volge on the ARK to begin with.
The first one is probably our A story, our B story is the human conspiracy, and our meta story is the third one.
Edit: I'm not spending $60.00 on an MMO ever again specially one with transactions, so.... has anyone played the game. I'm curious how it is and how 'typical' it is more an MMO.