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Infinium Tries 'Phantom' Name Change

Posted by ryuzaki0 on 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?"

4 of 83 comments (clear)

  1. Will the company ever release a product? by BSDevil · · Score: 5, Funny

    No.

    Next question?

    --
    Cue The Sun...
    1. Re:Will the company ever release a product? by kalphegor · · Score: 5, Funny

      When can I play Duke Nukem Forever on Phantom?

    2. Re:Will the company ever release a product? by iced_773 · · Score: 5, Funny


      Can I play it while ascending a space elevator powered by cold fusion, or will it cause the elevator's quantum computer to crash?

  2. Tim Roberts by mybootorg · · Score: 5, Interesting
    Having known Tim Roberts and his twin brother Peter since they were suburbian teenagers growing up in West St. Louis County, I can tell you that this console will never happen. (His twin brother Peter died of a drug overdose several years ago). I shouldn't say that it will never happen - that's just my opinion - because there's always the possibility that Tim will somehow manage to sell the company to someone that will ultimately deliver.

    Do some searching on Tim and you'll find that he's started a whole host of companies where investers were coralled and then the money was spent in lavish style. See DBN and Savvis Communications. These companies were sold off early on, and after Tim bowed out, one did rather well. Savvis continues to this day. But as far as I can tell, Tim only excels in bullshitting investors into opening their wallets, then spending and spending and bullshitting some more.

    Do some more searching and you'll find whole web pages devoted to exposing either Tim or his Phantom console as a hoax, scam, pump n' dump scheme etc. Some of them are really entertaining to read through.

    (I knew Tim when he was teenage phone phreak trafficing in Commodore 64 games over a 300 baud... then the screaming fast 1200 baud Hayes modem. Anyone C64 people remember the "Wacko Cracko Brothers"? Hehe. Name that year.)