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Phantom Console May Never Materialize
CNN Money's excellent column Game On is running a piece discussing the conspicuous absence of the Phantom console from this year's E3. The service-based system which was to allow download and purchase of games via a living-room unit has been the subject of dubious press coverage and general mistrust, all of which appears to have been well deserved. From the article: "The company believes, based on past performance, that there is a high likelihood that sufficient capital will not be available ... and many or all of these milestones will be missed and the launch date will again shift and/or the company will go out of business..."
HardOCP did a great expose on this company.
Of course, they then sued HardOCP and were generally nasty, so I'm pretty happy about the way this all turned out.
Read all about it here.
There, now I've done my karma-whoring for the day.
The efficient market theory at work.
Their CEO has a very very long history of failed buisness ventures. Hard OCP reported this over 2 years ago and then Infinium tried to sue them.
l abs_gets_litigious/
No surprise at all really. It's one of the biggest example of vapourware ever....
Here's the HardOCP article which they got sued for. Loads of dodgy looking stuff here:
http://www.hardocp.com/article.html?art=NTEyLDI=
http://www.theregister.co.uk/2004/02/20/infinium_
Gah. I really don't understand why I got modded as a troll. Maybe the person that modded me is related to Tim in some way?
Timothy Roberts is a con artist, plain and simple. The only difference between him and the folks in Nigeria is he succeeded where others has failed. I like how the cops in Nigeria deal with con artist. When they find one, they just blow them away right there.
I feel sorry for anyone that bought IFLB.OB shares thinking it was gonna hit $1.00...$2.00...or more and watch it sink back down to $0.1250 along with part of their life saivngs...Read the message boards on Yahoo if you wanna see some horror stories that Tim has wrought.
Just add {In Space!} to anything.
Ummm... VMWare is a real product though.
We all know what to do, but we don't know how to get re-elected once we have done it