Infinium Finds Itself In, Out Of Court Again
Dachannien writes "Adrenaline Vault reports that Infinium Labs is being sued by Terry Nagy for fraud and breach of contract. Infinium used his reputation and expertise in the gaming industry to generate attention for Infinium's Phantom Game Console (and $15M in venture capital), promising him payment in stock. Nagy claims that when Infinium was later bought by a shell company and went public, he had received nothing while Timothy Roberts and Robert Shambro (also named in the suit) got millions of shares of stock." However, GamePro is now reporting the lawsuit is being settled out of court, and that "both parties are working together to resolve the claims."
I don't think it will directly effect the case at all.
Though since court papers become public record, the filings presented in the case may contian information that HardOCP can use to back up their story.
paul reinheimer
You know, if this thing ever does actually get released, it should have some pretty nice reviews. The gaming industry is all too often plauged with people expecting too much out of something. When (if) Half-Life 2 comes out it will likely be met with many a "sure it's good, but I thought it was going to be better, not worth all the hype and the wait." This things going to come out (actually probably not, but let's just pretend here) and everyone's going to be like "well it sucks, but it's many many times better than I thought it was going to be so it gets a passing mark in my book" and all of a sudden good reviews