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Supreme Cmdr

The Phantom Game Console

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Guest Grayfox

quote:

However, Infinium's Koler also made a statement in the press release which seems to indicate that funding is not yet in place to launch the Phantom Lapboard, let alone the Phantom console itself, commenting: "The required $USD 2 million round of funding for the Phantom Lapboard is a necessary step to deliver our vision for our products and services quickly into the market, positioned for both consumer and OEM segments, and book revenues by June 2006."


that about sums it up right there... friggin crooks lol.

quote:

Secondly, and starting in April 2005, the company seems to have started defaulting on its short-term loans. Up to April, it had managed to pay off its loans by converting them to Infinium shares, which were hovering above 10 cents each, but with the current Infinium share price at 2.3 cents, it can no longer do this. Thus, April 2005 loans of $300,000 and $200,000, and June loans of $68,000 and $100,000 are all in default, with more recent loans not yet listed.


10 cents a share... ouch. theres that looong slow decline coming to the cliff edge.

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Guest Grayfox

i bet that was like the ending of raiders of the lost ark... when the dude opened the ark expecting to find the tablets with the 10 commandments and instead found a pile of dust

now its a phantom lapboard eh?

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Nice.... Rotflmao,

The Captain refuses to go down with the ship that "He" blew holes in. Instead opting to go sink someone else's.

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Uhhhhh... does this have any hope of ever selling well in the PC market???? I mean... basic economics here... they can't be serious about this.

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