Phantom in trouble again
Wednesday, November 24th, 2004 - 4:33pm
http://www.gamesindustry.biz/content_page.php?aid=5643
Quote:
Official filing reveals that Infinium's coffers are nearly emptyA new regulatory filing from Florida-based firm Infinium Labs has revealed that the company needs to find fresh funding of around $11.5 million if it is to launch its Phantom game service next year as planned.
The worst part is they are going to find some poor smucks to give them another 10 million, then later in the article they admit the 10 million will only get them out the door, not keep them operating. That will require an additional 10 million.
sigh
"My motto is, if it's not strong enough to release bowel control, it's not strong enough!"
Morrolan
I think from now on, we should only have topics about the Phantom when it involves them doing something RIGHT, or MAKING money.
XBox Live Gamertag: Warlockbert
Man I''m in the wrong line of business.
Coming next year:
Nos''s new console:The Ghost!
It will play any sort of game, stream over a satellite network, and make the owners billions!
Send me your VC checks now to get in on the ground floor!
"Also, I have four legs and am covered in wool. Baa!" *Legion* reveals his inner furry.
Is stick with my ....please give me a lapboard keyboard...thats really all I want.
Find me at... http://www.playmoreconsoles.com/
Gamertag: NeoStyx & NeoCell
*shock*
Worst signature ever.
Gamertag: Tex Red
www.mumfordland.com
Man, they still at it with their all in wonder console... got to give it to them they still keep on going against all odds!
...I think.
Xbox Live: Nei HD | Playstation ID: Nei_GWJ | Too Human
Poor Kevin Bachus.. shakes head
XBL: Swat R2 PSN: swatr2
It''s starting to sound like all the other endeavors the infinium guy started, just like that [H]ard|OCP article revealed -- start business, get money from investors, live the high life, declare bankruptcy. Rinse, repeat. Yep, that sure was libelous alright . . .
Graktar, Orc Hunter
I''m shocked, SHOCKED I say. Do they really think that people would buy a Phantom, even if they do release it?
"Anakin, as embodied by [Hayden] Christensen, is the kind of needlessly moody kid you might see getting punched out in a Dairy Queen parking lot."
"”Paul Tatara on SW:Episode II
Someone paid $20k for a grilled cheese of the holy mary. Do you really need to ask that?
XBox Live|Tshirts|My Music|GameFly|xfire
Just noticed this at the end of the article.
So no more caviar eaten from the navels of supermodels? No more private jets? Only one fabulous mansion built on the shattered dreams of foolish investors? Man, that bites.
It''s even worse. A casino paid $20k for a grilled cheese of the Holy Mary. I thought casino owners were more cynical than that . . .
Graktar, Orc Hunter
No kiddin''. Sell that pup to MS and recoup allot of money for your investors. Oh, wait a minute - you never meant to make money? Oh, OK. Never mind!
You don't have to call me Lieutenant, Rosie......
XBox Live: SwampYankee68
I think Swampy''s got it right. The Phantom was just a huge tax write-off for some fatcats.
Morrolan wrote:
I hold in my heart the hope that the X-Box guys saw that lapboard-key-mouse-thingie and at the very least said ""We''ll do that with X-Box 2"".
You don't have to call me Lieutenant, Rosie......
XBox Live: SwampYankee68
I also hold in my hear that Sanjuro will remove his Dutch Man-O''War away from my capital Lisbon before he incites a nasty territorial waters spat.
You don't have to call me Lieutenant, Rosie......
XBox Live: SwampYankee68
Some folks it seems are never quite dumb enough...
Yankees rock, you know it's true...
I too want that lap keyboard thing. With my wireless mouse and keyboard that thing is a god send.
XBox Live|Tshirts|My Music|GameFly|xfire
Well, there was one thing Tim Roberts'' did right, but he did it with 3 other people, not just himself.
Savvis is still up and operational, and is 35% of the internet backbone.