Infinium Labs In Trouble

from the there-goes-that-plan dept

Almost exactly a year ago, HardOCP wrote up a report suggesting that Infinium Lab's Phantom gaming console didn't really exist. Over the next few months, there was plenty of evidence suggesting the whole thing was something of a scam. Then, they hired a real CEO, and did some work and looked like they had figured out a way to build a real console. So, it was quite strange, just as everything seemed to be moving forward that they would turn around and sue HardOCP for that months old story -- leading to even more speculation about what Infinium was really up to. Well, whether or not the box is real, it looks like Infinium is running into a lot of trouble. Reports are out saying that the company has basically out of cash, and Slashdot is reporting that HardOCP has won a victory against Infinium in the lawsuit between the two companies. The site with the details has been taken down by the Slashdot effect, but it sounds as though the court is ordering Infinium to hand over a variety of documents that would support the claims that HardOCP originally made about some of the company's (and the company founder's) more questionable practices.

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  1.  

    When Capitalism Fails

    identicon
    dorpus, Sep 16th, 2004 @ 10:13pm

    Wouldn't North Korean artists make awesome video game designers? http://international.ucla.edu/asia/nk/nkp1.asp

    reply to this | link to this | view in thread ]


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