Infinium Tries 'Phantom' Name Change

Posted by ryuzaki0 on Friday May 26, 2006 @01:38PM from the must-stop-from-snickering dept.

simoniker writes "Former Infinium Phantom 'console' developer and current Lapboard accessory creator Infinium Labs has revealed multiple new details in financial filings, including the fact that it's changing company name to Phantom Entertainment, as long as shareholders approve. But with the SEC prosecuting former CEO Timothy Roberts, 'accumulated losses since inception of $69,331,794', and _another_ former CEO, Kevin Bachus, now suing the company for back pay, will the company ever release a product?"

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Re:Phantom Entertainment by Jeff+DeMaagd · 2006-05-26 15:12 · Score: 3, Insightful

The difference is that 3D Realms was a good company with a good product gone horribly wrong. Infinium labs was an inherently corrupt idea from the start.

Either way, in comparison, NASA, an often misdirected of an agency, was able to make Deep Space One from project concept approval to launch pad in three years. Deep Space One, a project that tested twelve previously untested technologies in space and every one of those technologies succeeded.