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nVidia and Infinium to Partner at CES
JonLatane writes "It seems that nVidia is going to allow Infinium to demonstrate their Phantom "game service" at their CES booth. Since its inception, Infinium has proven to be rather belligerent about its product and will probably stay in court for a long time."
it looks like they are releaseing several PR releases per month to boost their stock price. Now why exactly the company has gone public before they actually have a product is beyond me.
It sounds like the buiness plan was somthing like:
1. Start a company
2. Generate lots of publicity about a product
3. Go public.
4. Sell all your stock.
5. Watch your company burn from a private resort in the bahamas.
And when you wasted most of your money on hookers and cars, repeat.
In America we are imprisoned by our fear of them.
NVIDIA, of all companies, should know if this thing is real or not. If they filled an order for a ton of GPU's and such for Infinium, they'd have reason to believe the aptly named "Phantom" is real. Or maybe, they like everyone else here, seems to think it doesn't exist, and is taking an opportunity to publically call out Infinium and prove it.
Only the purest of souls seek enlightenment. Everyone else just wants power.
By "launched" you mean he was one of the people working in some capacity with the Xbox at Microsoft, right?
That press release on Yahoo tries to claim he's the creator of the Xbox. I think Seamus Blackley may have a different opinion.
The bottom line is this: we have seen JACK from Infinium Labs so far, except for stellar promises, and lawsuits against naysayers who dare to actually poke into the public record background of Kevin Bacchus and his buddies to either substantiate his claims (like where he tries to claim he built the Xbox) or disprove them.
Any goofball with a bunch of seed money can walk up to a company like Nvidia and negotiate an order for a bunch of chips, and parlay that into a joint promotional junket. Whether or not they do anything useful with the chips after they get them is another matter.
If you think that getting a big company like Nvidia to be happy in the same physical space as you is an excellent indicator of "real", try this one on:
A place I once worked had convinced IBM to fly in all of their senior guys in western Canada for our product demo. We had about 20 guys from IBM on hand. Senior managers, VPs, etc. We did the product demo in a building we were planning on buying, but at the moment didn't own, and was in fact still for sale. The company talked a great game to the realtors and current owner of the building as well, so we got to use the building pretty much like it was ours for almost a half year since they were fully convinced we were buying it outright any time now.
The company talked a great game, and the IBM guys drooled so much over our pie-in-the-sky visions we almost had to use a mop. At the end of it all they extended us a bottomless line of credit for whatever we liked, LOANED us an s/390 worth $600,000 so we could "play with a few things on it", and were desperate to get in on the ground floor with us. Becuase, you see, we were going to "Change the World!". The s/390 wasn't even central to our plan, it was just a "Hey maybe we could use the VMs on the s/390 for X" that we tossed out there and IBM practically begged us to take one back to our office and try it out. There were only a dozen people in Canada at the time who even knew how to run Linux VMs on the things, and IBM flew one of them into town just for us.
8 months later, the company laid 65% of its staff off, merged with another failing company, and I believe is currently lurching along zombie-fashion with a single salaried employee today in addition to its two "directors".
But for a few months there, we could have had IBM send down guys to do anything for us because of what we "showed" them we were going to do.
Aaah. The power of vapor.
Believe NOTHING unless you see it actually work. For real. Not a company run "demo".
But seriously, why is Slashdot giving these guys continual press coverage?
The SEC is slow and cautious about these things because any stock being investigated will be treated like radioactive waste by investors, often the company will be destroyed when it's stock bottoms out and stays low.
Snowden and Manning are heroes.