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The Phantom...Lives?

An Anonymous Reader writes "G4's Attack of the show has a writeup and video of a demonstration of the Phantom Gaming Service." From the article: "I certainly wouldn't be at this company doing what I'm doing if I wasn't absolutely sure that we're going to launch a product. It's natural for people to be skeptical. I think a lot of the skepticism is building on itself at this point: people are skeptical so therefore they become more skeptical and therefore they become more skeptical."

82 comments

  1. Reasons for skepticism by yotto · · Score: 3, Interesting

    I'm not skeptical to be skeptical. I'm skeptical because this console was announced, what, 5 years ago? More?

    Don't get me wrong, if it comes out and kicks ass I'll be all over it, but until I see a working machine I can fiddle with at the game store I'll place your console in the file folder with Duke Nukem Forever.

    1. Re:Reasons for skepticism by MBraynard · · Score: 2, Informative
      Sometimes skepticism is based on Ignorance.

      The product was announced less than two years ago, not five years ago.

    2. Re:Reasons for skepticism by evil-osm · · Score: 2, Funny

      Haven't you heard? Duke is going to be the Photon's shipping game, the hardware is ready they are just waiting on the game ;)

      --


      E.

      Never rub another man's rhubarb - The Joker
    3. Re:Reasons for skepticism by Anonymous Coward · · Score: 0

      sometimes ignorance is based on..well..ignorance.
      [H]ardOCP investigation of Infinium Labs

    4. Re:Reasons for skepticism by Anonymous Coward · · Score: 0
    5. Re:Reasons for skepticism by Geoffreyerffoeg · · Score: 1

      I'm skeptical because this console was announced, what, 5 years ago? More?

      In 1992, after the release of Windows 3.1 and NT 3.1, Microsoft announced plans for a project codenamed "Cairo" to unify the regular and NT product lines. Cairo in the form of NT 5 finally came out in 2000. The unification of the lines only arrived with Windows XP, released in 2001. Compared to that timeline, 5 years isn't that much, especially not for a hardware project by a small company.

      People in the OSS world are used to seeing preliminary versions of things released quickly (the "bazaar" style). This doesn't quite work for hardware, so the "cathedral" style prevails. If the Phantom is legitimate, the only mistake they made was announcing it too early.

      And while I'm on the subject of physical products and cathedrals, remember that it took hundreds of years for some cathedrals to be built. Unless you're a mega-corp, it takes time to build a working hardware device. You can't just release your 0.1 version and let people download the updated schematics from SourceForge and hope that they're good with electronics.

      until I see a working machine I can fiddle with at the game store I'll place your console in the file folder with Duke Nukem Forever.

      Isn't that the same folder that Half-Life 2 was in?

    6. Re:Reasons for skepticism by yotto · · Score: 1

      *Isn't that the same folder that Half-Life 2 was
      in?
      *

      Actually, yes. Some times things are announced, sit for half a decade, and then come to fruition. That doesn't mean anything though because far more often they do not.

    7. Re:Reasons for skepticism by MBraynard · · Score: 1

      Yeah - Written in September of 03 - the product was announced in August of 03. Less than two years ago.

    8. Re:Reasons for skepticism by Harlockjds · · Score: 1

      Why would that include HL2? It was officially announced a little over a year before it was released (sure they missed their release date but it's nothing like DN4)

      Now team fort 2 is a different story...

    9. Re:Reasons for skepticism by Southpaw018 · · Score: 2, Insightful

      Sometimes skepticism is based on a "working" model of the Phantom with a poorly welded modified ATX case, hotglued wires, cardboard patches, and nonfunctioning plugs that aren't connected to anything.

      --
      ACs are modded -6. I don't read you, I don't mod you, I don't see you. Don't like it? Don't be a coward.
    10. Re:Reasons for skepticism by gl4ss · · Score: 2, Insightful

      phantom is legimate... ...if you consider not delivering legimate, dozen total revamps of the product, specs pulled out of ass etc.

      look, people are skeptical about it being a good product EVEN IF IT MAKES IT TO THE MARKET! they've already had dozen dates/timelines they haven't met.

      it doesn't take time to build a pc clone(however, a launch of the size that they were planning would have taken a shitload more of money than they had/have).

      people were skeptical of the end of summer of 2003 release of hl2 - and for good reason, it never happened(came out a year later).

      --
      world was created 5 seconds before this post as it is.
    11. Re:Reasons for skepticism by Anonymous Coward · · Score: 0, Offtopic
      It's a pyramind scheme because it's mathematically impossible for everyone who signs up to get the "prize". The scenario you describe is impossible because there aren't enough "free offers" for everyone to sign up for everyone else's. If it were, you wouldn't need to pay people. So really, neither logic nor math are your strong suits. I guess ignorance really is your specialty.

      I'm glad you scammed enough people to get your "free" shit, though, I'm sure it was totally worth it. I mean, really, all it cost you was your basic human decency. It's amazing how everyone here rails against spammers, but half of you have seem to have no trouble scamming people in yuor sigs. Fucking scumbag.

    12. Re:Reasons for skepticism by MBraynard · · Score: 0, Offtopic
      I explained how it's possible for everyone to get what they want - either by compensating directly or partnering up.

      It is only illogical as it applies to you because you have neither $10 to pay nor do you have 5 friends. So yes, for you, it is a pyramid scheme.

      Time to play my free Xbox.

  2. The Phantom Menace by CDWalton · · Score: 3, Funny

    Sorry, couldn't help it...

    --
    When the going gets tough, the tough get drunk
    1. Re:The Phantom Menace by Anonymous Coward · · Score: 1, Funny

      Attack of the Clowns ?

      Revenge of the Shit ?

  3. I thought by Dark+Paladin · · Score: 4, Insightful

    We were skeptical because we've been promised the moon, the sun and the stars for years, without delivery. Or perhaps because the main office were found to be a PO Box (or an empty office - I can't remember). Because every year there's some hardware, some sort of demo, but nothing real and tangible.

    We're skeptical because many of us are empiricists who don't believe in empty promises anymore, but real results. Show us a machine, we can buy, and a real list of games that work, and we'll take a look at it. Until you actually say "On sale on [insert date here]", just shut up - we'll be a lot less skeptical that way.

    1. Re:I thought by Ayaress · · Score: 2, Informative

      It was an empty office. A PO box wouldn't be all that unusual. A lot of businesses use PO boxes rather than post their address online. There are a lot of reasons, but they all come down to keeping people from snooping around, which is exactly what HardOCP did.

    2. Re:I thought by arkanes · · Score: 1

      This is almost totally untrue. Any legitimate company beyond a certain size will have a physical presence (an office, if you will), which is publically posted and available. A lot of very small, one or two man operations run out of someones living room will use a PO Box so that they can pretend to be a large, reliable company you'd feel more comfortable giving your money too. It's not neccesarily bad if Infineon is/was one of those, but there's nothing wrong with exposing it, either, especially when they publically claim otherwise.

    3. Re:I thought by drjenk · · Score: 1

      >Until you actually say "On sale on [insert date here]", just shut up - we'll be a lot less skeptical that way. I do believe that is what he is doing, shutting up about another date. He mentioned early in the article the mistake of promising too much. I think if they announce a date again at this point, it is all but on the shelf. I'm actually interested in this product, completely depending on pricing options and what you get of course, but I'll be very interested in that announcement. He's right, there are a hell of a lot of games that fell through the cracks simply because of bad launch timing. Sometimes nobody sees really quality games because nobody hears about them due to being drowned out by another games launch. I'm anxious to see the list of partners and games available. I'm looking at my xbox library, and I've basically got a $50 game every month since it's been out, and I suspect that most of us are close to that. What if this service is $30/month, with instant access to a buttload of quality games? I'd certainly be thinking about it. They need the marketing also or it will die no matter how great it is, and great marketing sometimes can simply be word of mouth.

  4. A physical breakthrough by Max_Wells_SH · · Score: 4, Funny

    At least they managed to create a perpetual skepticism machine!

    --
    I read Slashdot for the articles.
  5. i think... by LewieP · · Score: 0
    the concept of online delivery systems are cool, but i cannot see anyone who would buy the phantom.

    Uber tech geeks wont because they know it is baisically a 3 year old pc in a box.

    average joe casual gamer won't because he wants to go to a shop and buy his games, aswell as wanting to physically own the game

    the people inbetween, imho, wont care, and will stick with their PCs or traditional consoles.

    --
    oxymoron of the day - Xbox gamer
    1. Re:i think... by MindStalker · · Score: 2, Insightful

      Also Nintendo may beat them to this. I don't see how this can complete.

    2. Re:i think... by generic-man · · Score: 3, Insightful

      Cable companies can license the Phantom and bundle it with cable modems for little to no extra money up front. Companies like Comcast and Dish Network have their own video recorders which have taken quite a lot of TiVo's potential customer base away. For an extra ten bucks a month to play however many video games the Phantom will support, cable companies might just make money on the deal.

      --
      For more information, click here.
    3. Re:i think... by Walker2323 · · Score: 0

      Don't forget your average pirate who doesn't want something that can't be modded.

    4. Re:i think... by AvantLegion · · Score: 1
      No kidding. When Nintendo beats you to an online gaming service, you're fucked!

  6. Drinking the Kool-aid by lazuli42 · · Score: 3, Insightful

    "I certainly wouldn't be at this company doing what I'm doing if I wasn't absolutely sure that we're going to launch a product."

    If you're still working for the company, obviously you're waiting for the payoff. Having this type of confidence in your employers doesn't translate into real-world guarantees that the business is going to launch the product.

    This is modern American workplace's version of Stockholm Syndrome. Good luck, kiddo.

    --

    "There's companies that are just so cool that you just can't even deal with it," - Bill Gates, about Google

  7. Well, it's news to me by SimianOverlord · · Score: 1

    ..that the reason is I'm skeptical is just because, well, people are skeptical about it. I thought I was skeptical because I read HardOCP's writeup about what they'll have to do to even break even, and it didn't seem in the least bit likely to me.

    --
    Meine Schwester ist sehr, sehr reizvoll - Nietzsche
  8. A myth of epic proportions by theantipop · · Score: 4, Interesting
    It's articles like this that support the belief that the Phantom is real. Seriously though, when every company employee is merely treading water everytime they talk about the console, coupled with the fact that in it's current proposed specs its nowhere near competitive with next gen consoles you can't honestly expect them to finish the product. I mean when you have to spout bull like
    last year we not only had Christmas but also a presidential election. So getting billboards and getting television ad space was very difficult to do last year
    Please, for the sake of all those poor engineers who got suckered into working on this, just let the Phantom die in peace.
    1. Re:A myth of epic proportions by YOU+LIKEWISE+FAIL+IT · · Score: 1
      last year we not only had Christmas

      Holy shit, do I have some bad news for them about 2005.

      YLFI
      --
      One god, one market, one truth, one consumer.
  9. Quality G4 writing at its best by Anonymous Coward · · Score: 0

    "I think a lot of the skepticism is building on itself at this point: people are skeptical so therefore they become more skeptical and therefore they become more skeptical."

    What kind of English sentence is this to begin with? This is the guy that's leading and managing the development of a be-all end-all gaming platform?

  10. Looks great by DJayC · · Score: 1

    Did anyone else actually watch the video? I think this is a great idea. The pricing model seems right too... he wants to go the "cable tv" route, where you pay a monthly fee with a contract and get the hardware for free, or the "satellite radio" route where you pay a little for the hardware, and don't have to bind yourself with a yearly contract.

    Either way, this is a great idea. It obviously plays PC games (as I understand it). I currently run two linux machines, no dual booting or anything, and the the only thing I miss from a few years ago when I ran windows is the gaming. This console will be a dream come true.. it's powerful, and it'll only cost a fraction of the price if I were to buy another box just to install windows on for games.

    I really hope this does well.. I'm looking forward to it.

    1. Re:Looks great by tacroy · · Score: 1

      In the video he mentions "premium titles that you own for the life of the box" So there is that.

    2. Re:Looks great by Anonymous Coward · · Score: 0

      plant

    3. Re:Looks great by bugbread · · Score: 1

      Actually, it's more like cable pay-per-view. You pay a monthly fee with a contract and you get the hardware for free, some freeware/shareware games for free, and access to the network for free. However, to play conventional games (non-shareware), you have to pay an additional one-time fee for the game, and Infinium has stated that they don't want to undercut the normal market prices for games. So in order to play, for example, Half-Life 2, you have to pay for the Infinium gaming service monthly, and an additional $40 for Half-Life 2 itself.

  11. As an IL employee. by Anonymous Coward · · Score: 0

    I c

    1. Re:As an IL employee. by Anonymous Coward · · Score: 0

      I c nothing..

    2. Re:As an IL employee. by Anonymous Coward · · Score: 2, Funny

      Sorry, my post got erased somehow. Here it is:

      I can tell you that this is the real deal. I was the one commissioned to build the prototype for the Phantom. It's a sweet machine.

      I started by finding a plastic suitcase that had a futuristic shape. The specifications required a two-tone paint job, so I got some enamel from Lowe's and went to town on the sucker. The finish came out super-smooth.

      I then moved on to building the internals. While painting the case, I ordered a eMachines T6212. When it arrived, I took out the insides and the power supply and stacked them neatly into the case. There were a few slots to cut out in the back, and I had to install a generic video card that had a composite output, but all went well.

      I then proceeded to work on the software. I installed RedHat 6.1. It had no problems detecting all my hardware, so all was going well so far. I then downloaded MAME and started to install it. Halfway through, I had to change to root to install the rest of the software. This was also a snap, as I made the root password very easy to remember (root:root - easy, huh?). I like to work smarter, not harder.

      Anyway, after 5 days of work, the prototype was complete. I had some other hardware modifications to do (erasing the Microsoft logo off the SideWinder controller) and I had to install a bunch of NES roms, but overall, I'd say the progress went well. Oh, I also changed the wallpaper in the default login to feature the Phantom logo.

      I think you guys will really like this console once it's available. I play with it every day and I find it incredible that nobody has sold a product so good up to now.

      Posting anonymously for obvious reasons.

    3. Re:As an IL employee. by InsideTheAsylum · · Score: 1

      That... doesn't sound too bad?

  12. They're fattening Bachus up! by Anonymous Coward · · Score: 0

    Is it just me, or has Bachus gained weight since coming on board?

  13. Bachus translated into Job-speak (Arr. Dev.) by superultra · · Score: 1

    "Still. Where did the lighter fluid go."

    1. Re:Bachus translated into Job-speak (Arr. Dev.) by Anonymous Coward · · Score: 0

      Wow, I totally screwed that up.

      "Still. Where did the lighter fluid come from."

  14. insightfull by CoffeeJedi · · Score: 4, Funny

    from TFA:
    Have you beefed up the system specs in the last year?

    Bachus: We've widened the Lies Pipeline signifigantly, and upgraded the Chicanery Processing Unit to be 30% faster.

    --
    May you be touched by His Noodly Appendage. RAmen.
    1. Re:insightfull by syrinx · · Score: 1

      Don't forget the flim-flam.

      --
      Quidquid latine dictum sit, altum sonatur.
    2. Re:insightfull by Anonymous Coward · · Score: 0

      Oh they haven't, the flim-to-flam ratio is now 1:1. This is a huge improvement over the 2:1 flim-to-flam ratio from last year.

    3. Re:insightfull by Some_Llama · · Score: 1

      OR.... wait for it..

      Skepticism reducing emitter!!!

    4. Re:insightfull by KozmoStevnNaut · · Score: 1

      They've also implemented a few key techonolgies from the Rockwell Automation Retroincabulator.

      This'll surely help them boost synergies, leverage teamwork experiences, integrate dynamic company intercommunications as well as move their mind share forward in a customer centric and mission critical way.

      $DEITY, I feel so dirty now...

      --
      Eat the rich.
    5. Re:insightfull by Jacius · · Score: 1

      I've heard rumors that they've gotten it up to nearly 1.7 teraflims per press release, with flamity not far behind!

  15. developers vs skeptical by Nahor · · Score: 1

    That explains why the phantom is so late:
    Microsoft has all the developers, developers, [...], so Infinium has only the skeptical, skeptical, [...] left and there is nobody to actually develop the console.

  16. Vaporware...? by Anonymous Coward · · Score: 0

    Maybe Duke Nukem Forever will be a launch title

  17. What kind of glasses are you wearing? by Thedalek · · Score: 2, Insightful

    Did anyone else actually watch the video? I think this is a great idea. The pricing model seems right too... he wants to go the "cable tv" route, where you pay a monthly fee with a contract and get the hardware for free, or the "satellite radio" route where you pay a little for the hardware, and don't have to bind yourself with a yearly contract.

    And when you participate in this scheme, what exactly do you own? Do you own any of the games you download? Do you own the box? If you stop paying Infinium money, would you still be able to play your games? If Infinium financially imploded, would your box still work?

    These are some of the biggest concerns which IL still hasn't addressed. To you, it may look fine. To everyone else, it looks like a more strict version of Steam with an extra box you have to buy, too.

    --
    Happiness is relative, Based upon the way we live.
    1. Re:What kind of glasses are you wearing? by MindStalker · · Score: 1

      These are some of the biggest concerns which IL still hasn't addressed. To you, it may look fine. To everyone else, it looks like a more strict version of Steam with an extra box you have to buy, too.

      Yes but with Steam the games are still way expensive. If games are free with a subscription, it wouldn't matter if your games went when you stopped paying money. It would be like television, though you might have premium content or pay bands based on usage. But of course noone in their right mind should pay $50 for a game that might explode. This is where steam went wrong.

    2. Re:What kind of glasses are you wearing? by Lukey+Boy · · Score: 1

      It's not really like television, since I can record programs on television, cancel my cable subscription and still watch my recorded shows. (How long I can do that is an entirely different argument).

    3. Re:What kind of glasses are you wearing? by DJayC · · Score: 4, Insightful

      And when you participate in this scheme, what exactly do you own?

      I don't know.. what do you own when you purchase a satellite radio receiver? You listen to the songs they decided to play, and you trust that they stay true to offering the best music for whatever channel you listen to. If the Phantom Network treats me as good as Sirius, I don't feel bad about not owning the content. I'm paying a service fee for premium, easily accessible content.

      There are very few games I will play after the initial release.. I could care less if I own GTA6 after I beat it.. and it's perfect for sports games.. I don't have to blow 50 bucks a year for each title.. I can play it, when the new one comes out, I play that one.

      If you care about owning that kind of media, I can see where you are coming from. I wouldn't use this type of service for music or movies, but when it comes to games, honestly, I would rather pay for a subscription based service, and I think there are other casual gamers out there that feel the same way.

      Your argument isn't original.. it's been brought in every thread about any type of subscription based service. All I was saying is that if this thing works out, you can count me in. $9.00 a game so I can play it for a couple months is much cheaper than $50.

      For those who care, go spend $450 on your next-gen console, and $50 bucks a game.. but I'm tired of my game and console graveyard building up and wasting space. Next stop, eBay!

    4. Re:What kind of glasses are you wearing? by philiptan · · Score: 1
      For those who care, go spend $450 on your next-gen console, and $50 bucks a game.. but I'm tired of my game and console graveyard building up and wasting space. Next stop, eBay!

      They're only wasting space if you don't play them any more. Arguably, if you don't own the games, you won't even have the option of playing old games if Infinium goes under. For me, that's a no-no.

      However, it's true that a subscription plan would work great for certain kinds of gamers, e.g. folks who don't want to be playing old games. It's not that different from Netflix.

    5. Re:What kind of glasses are you wearing? by barc0001 · · Score: 1

      I don't have to blow 50 bucks a year for each title

      That's correct. You instead get to blow $20 a month or whatever it works out to. But you own nothing at all in the end.
      You mention it's like Satellite. Well, no, not really. A satellite company has a firm footing and when you subscribe you can be pretty sure it's going to still be in business in a year when you go and get the satellite equipment. Do we have the same guarantee with these guys? Suppose you drop $300 on this system and 6 months or a year down the road the company finally collapses under the weight of that financial hole they've been digging for years. Now you have a box on your TV and no service to go with it. And no shiny discs to put into it to make it go bing.
      It sounds good now, but down the road it's like paying rent. Out the window and it never comes back. I learned this playing Tanarus a few years ago when it was $10 a month for just that. One day I woke up and realized I'd blown $180 on one bloody game with nothing tangible that was "mine". Cancel the subscription, and off goes the game. That's probably why I've never gotten into MMORPGs, either.

    6. Re:What kind of glasses are you wearing? by GameNutz · · Score: 1

      I learned this playing Tanarus a few years ago when it was $10 a month for just that. One day I woke up and realized I'd blown $180 on one bloody game with nothing tangible that was "mine". Cancel the subscription, and off goes the game.

      And you cancel your DirecTV subscription and off goes the programming. So what is your point exactly? It's a subscription.

    7. Re:What kind of glasses are you wearing? by MindStalker · · Score: 1

      Yes, but many people choose not to do this, and are perfectly happy with the buisness model of its there as long as you pay a monthly fee.

    8. Re:What kind of glasses are you wearing? by DJayC · · Score: 2, Informative

      Also, you wont be spending $300 on the box. He makes that clear.. the box will cost little or no money... and that's what makes this so appealing. Say it costs 20 bucks a month.. say I'd spend 800 dollars on a gaming PC. That's 40 months of gaming...

    9. Re:What kind of glasses are you wearing? by Anonymous Coward · · Score: 0

      And you can tape all the shows you want while you have the DirecTV subscription and retain them as long as you like. What exactly is YOUR point?

    10. Re:What kind of glasses are you wearing? by aftk2 · · Score: 1

      I dunno...I'm renting a house right now. No, I don't own it, but it's pretty damn nice when it's raining outside.

      --
      concrete5: a cms made for marketing, but strong enough for geeks.
    11. Re:What kind of glasses are you wearing? by barc0001 · · Score: 1

      The difference is we're used to commodity purchases with our games. Your analogy is only truly valid if before these satellite and cable companies came along everyone went to the store and purchased tapes of the shows they wanted to watch. That happens now with DVDs of course, but it evolved in reverse. What I am saying is this:

      99.9% of games that people play are purchase once, use as many times as you like. Put it on a shelf for a year or 10 and then bring it down and play it again. You own it. Just like a table, it's there until you sell it or break it. It's what people are used to and how they equate value for their purchase.

      Television, on the other hand, people are used to a subscription model, the opposite to what is above. People got used to that way of doing things because there was (and still is) no other choice except getting three channels over the air. The other thing about TV is that there is hardly ever the same "replay" value as a video game. No matter how many times you watch Titanic, that damn boat still sinks. As a result, most people couldn't care less about not owning a copy of 99% of the TV they watch. A video game you can ususally play many different ways and evokes different challenges to you. As an example, playing through Diablo as each of the different character types gives a different experience.

      Some people may like to do the subscription model for games as well. I'm just not one of them. From my perspective it seems like money out the window becuase for me I've spent the last 25 years purchasing games and having something to hold in my hand as a result that never expires (barring physical damage). To me a game is a THING I buy, not a nebulous subscription to access things for a limited time.

  18. Hmm well.. by Anonymous Coward · · Score: 0

    The console looks absolutely nothing like the conceptual "radical" designs they were tossing around previously. It looks pretty ho hum in fact.

    But more importantly, where was this "Kevin Bachus" guy when his company was being "investigated" by [H]

    President/COO was in hiding? this makes no sense. Where are Timothy (Roberts) and his mom in all of this?

    I'll believe it when it hits the shelves, I'm willing to bet a dollar that they'll vanish in a puff of smoke along with any investor money still left in the setup.

  19. Stupidest thing I've read in a while by Jtheletter · · Score: 3, Insightful
    people are skeptical so therefore they become more skeptical and therefore they become more skeptical.

    How in the world does that even make any sense? By that logic the opposite should also hold true and anyone who believed in the product therefore believed more, and then more still!

    Here's the real reasons people became more and more skeptical of the product - because the man leading the company has submarined so many other VC-funded startups it's insane anyone still gives him money. Because when the community did some digging their multimillion dollar funded base of operations was an empty storefront. Because the tech they were touting was beyond anything else at the time and there was nothing but some CG images to back up that they even had a prototype. Because when a website did some more digging and published and article full of facts they threatened to sue. Because every single time something came out about their "product" it was 'soon soon soon!' and yet nothing ever materialized.

    Skepticism does not come from nothing and feed on itself. Skepticism comes from making outrageous claims and not backing them up and flying the face of logic with no proof.

    I appologize for not linking to articles/slashdot posts/etc for all of the claims above, but I'm pretty sure /. readers are all too well aware of what I'm talking about.

    --
    -- I'm not a pessimist, I'm a realist. It's not my fault that life sucks so much. --
    1. Re:Stupidest thing I've read in a while by Jerf · · Score: 2, Insightful

      How in the world does that even make any sense?

      It doesn't on the individual scale, it does on the cultural scale. My skepticism re-inforces yours, re-inforces mine again. This is how "group-think", a very real phenomenon, happens.

      By that logic the opposite should also hold true and anyone who believed in the product therefore believed more, and then more still!

      It would, if there were critical mass. Remember when the PS/2 was released?

      This, incidentally, is a sign that they have a major PR disaster on their hands. Nothing can win in the face of this "common knowlegde"; look at what happened to the "Sidetalker". We'd long since made up our collective minds before it came out. To this day, I have no personal, direct experience with the product, though I think I have enough evidence to know we were basically right. (Doesn't always happen, though!)

  20. Short on cash. by yotto · · Score: 4, Informative

    2.5 weeks ago, StockPatrol.com has this to say:

    Investors and observers who have been awaiting the debut of Infinium Labs Inc..s (OTCBB: IFLB) .Phantom Gaming System. will have to wait a little longer. The Company, which has repeatedly delayed introduction of its Phantom, now claims that its .goal. is to .commence the launch. of the product in the fourth quarter of 2005 . but only if it can first secure at least $11.5 million. That is just the beginning. Infinium says it will need $22.2 million over the next year. At last report, the Company had $4,102 in available cash.

  21. Mod Parent informative! by Anonymous Coward · · Score: 0

    Man the report gets even worse..

    "The Company's present financial condition suggests that even this revised timeline may be a bit unrealistic. According to its Form 10-K Annual Report for the year ended December 31, 2004, Infinium has had operating losses of more than $36 million since its inception in December 2002, including over $33 million of losses in 2004. The Company has a working capital deficiency of $12,223,911 and a stockholders' deficiency of $11,468,854.

    And little cash in the bank. As of December 31, 2004, Infinium had just $4,102 in cash. The Company reported an additional $894,910 in "restricted cash" which evidently cannot be used for operating purposes - although the Form 10-K does not say why it is restricted. These numbers look even worse when compared to the Company's liabilities - more than $4.5 million in accounts payable and approximately $7.3 million due on promissory notes. At the time the Form 10-K was filed, Infinium was in default on over $3.6 million in promissory notes."

  22. You know, someone should warn G4 by AzraelKans · · Score: 4, Insightful

    I know this sort of thing gives them ratings, but G4 should think twice about showing scams, I mean theres some level of er.. "innocence" in trying to convince complete non gamers that the Killzone 2 trailer was "realtime gameplay" but seriously the "phantom"?!

    In case you havent noticed the Phantom is a "console" that will fail in purpose, and as soon as it does, the extra "initial capital" from the naive investors will disappear in thin air. (except from the pockets of those who orchestrated the whole deal of course) check the bios of these guys they are con artists.

    This sort of thing could blow in their faces. not that they should worry about their credibility (which is zero anyway) they should worry about investors seeking for blood when this thing finally blows its cover.

    --
    Go ahead MOD my day!
    More opinions here
    1. Re:You know, someone should warn G4 by superpulpsicle · · Score: 1

      I have no idea why people mark this poster a troll. Everything this poster said is legit, and deserve a +5 Informative for bringing up the facts.

      The Phantom is a myth console that has been talked about for a decade.

    2. Re:You know, someone should warn G4 by Anonymous Coward · · Score: 0
      In case you havent noticed the Phantom is a "console" that will fail in purpose, and as soon as it does, the extra "initial capital" from the naive investors will disappear in thin air. (except from the pockets of those who orchestrated the whole deal of course) check the bios of these guys they are con artists.

      I sort of wonder if this is the gaming equivalent of "The Producers". Has anyone checked the launch title list to make sure "Springtime For Hitler: The FPS" isn't on there?

  23. The endless delays to launch will be nothing... by larsoncc · · Score: 1

    Compared to the endless wait you'll have when you try to download a 3+ Gig game over a secure connection.

    What's that, you say?

    The Phantom will leech bandwidth all day and night to "pre-load" the hard drive with games you'll never buy?!?

    Whoo-hooo! I didn't need low ping times or quick downloads for work or more important stuff like games that function...

    I don't care if each console comes with a complementary hooker, I'd never buy from these dirt balls.

    PS - Hey, G4. Way to go on those hardball questions! You're like Barbara Walters LITE mixed with Dr. Phil. "So, like, there were some law suits and stuff, but you're like, real, right?" Wow, way to explore the fact that IL is on your show to try to drum up more funding! If that bit manages to secure 11 million, you can BET I'm making a stab at guest starring on AOTS.

  24. Little Late by Anonymous Coward · · Score: 0

    April 1st was about 2 months ago.

  25. Forgive my lack of faith... by geekguy · · Score: 1

    But when he swears on the Phantom that the Phantom is real and is coming "Soon" then it's not much different than an empty promise.

    --
    -- Any comments seen here are not mine, but a mixture of alchohol and lack of sleep.
  26. or you could just by Some_Llama · · Score: 1

    replace the word people with "The Phantom mangement spin" and the word Skeptical with "Bullshit"

    "people are skeptical so therefore they become more skeptical and therefore they become more skeptical."

  27. The Phantom...Lives? by Necromancyr · · Score: 2, Insightful

    The Phantom...Lives? No. No it doesn't. Next article please.

  28. Not much longer. by MrCopilot · · Score: 1
    Am I reading this wrong or is this 12.8 cents a share? http://phantom.net/investors/news_watch.asp?qm_pag e=86687

    Man, 26 bucks get ya 200 shares. How low till he's beggin Bill for a job?

    --
    OSGGFG - Open Source Gamers Guide to Free Games
  29. still hasn't shown it working... by Elminst · · Score: 1

    Okay.. I watche dthe whole lame ass "interview" and I still didn't see the thing "working"
    I saw a desktop computer with a lame menu system, and a list of titles. And then some fancy logos flashing on the screen. but NOTHING ACTUALLY PLAYING; no games, no video, no music. NOTHING.

    It's still bullshit.

    --
    No unauthorized use. Trespassers will be shot. Survivors will be shot again.
  30. We already have this by Anonymous Coward · · Score: 0
    Kind of..

    Here in Australia our biggest phone/broadband company has been branching out recently, they offer a games-on-demand service (http://www.gamenow.com.au/) for AU$20/month, giving people access to over 100 PC games (like Mafia, Dungeon Siege and Freelancer (oldies, I know)).

    Downloads aren't counted towards monthly download limits, and they play on PC using a Game Manager app to keep it secure from piracy. As most of the games are a bit older, you can be sure that most people will be able to play all/most of these games on their hardware.

    My point is: games-on-demand is quite a simple thing to do, but you need the infrastructure (and a shedload of money) to back it up.

    And some believability..

  31. Duh: It's called the Nintendo Revolution!!!! by jameskojiro · · Score: 0

    I can't believe these guys think they can take on Nintendo with their download and play concept, the great thing about nintendo's plan is that they won't have to always be playing catchup with hardware since most all the games they will be offering for download play will be "Classic" nintendo fare. This means established games and no hardware to keep upgrading to suport the latest and greatest.

    Phantom only has a chance if they support OLD school PC games like Doom and Wolf 3-d, but even then it doesn't look good cause most people can play those on their current PCs anyways.

    Also for this market Name Recognition is a must. The casual gamer will instantly recognize Nintendo as being a Video Game company. Phantom will only bring about images of the crappy star wars movie or some Opera show that is boring. So while Sony and Microsoft are slugging it out for #1, Nintendo and Phantom(assuming they even launch) will be beating each other over the head for scraps, and I think Nintendo is far better at that sort of thing.

    --
    Tsukasa: All I really want, is to be left alone...
  32. But they've got the dropout! by Anonymous Coward · · Score: 0

    It's destined to be a success, Keith McCurdy was an advisor to them!