Infinium: Here, Have A Keyboard! See? It's Real! It's A Keyboard!
from the nice-try dept
Last month, we chronicled the latest on Infinium Labs and their missing Phantom gaming console. For years, the company promised a miraculous gaming console, but was dogged by rumors that the whole thing was a stock scam -- which they enhanced by suing those who accused them just as they were building back some credibility. However, as they win vaporware award after vaporware award and have yet to show anything of substance, many people have counted them out. Last month their "credibility" walked out the door -- when the big name CEO they had brought in left. However, the company keeps going, and swears that (no, really, we swear!) they're going to release a product next year. However, it won't actually be the Phantom gaming console. Nope. It's a gaming keyboard -- and it won't be available until at least the second quarter meaning (hey, look at that!) it's vaporware.






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SEC?
Are they investigating? If so, why isn't that getting big press?
If they aren't investigating: what does that say about the level of confidence investors can have in the markets today?
How much does it cost to get the SEC off your back, I wonder?
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Re: SEC?
Too little too late, imho. I feel bad for the investors.
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Re: SEC, are you kidding?
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No Subject Given
Did all of you miss the disclaimer at the bottom?
Who puts a disclaimer on a press release?
»www.ereleases.com/pr/20051228005.html
"Safe Harbor Statement
Certain statements included in this press release may constitute forward-looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, ability to secure additional financing, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances. "
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INFINIUM SARASOTA
Why does it seem the whole corporate infrastructure is based Lies?
I knew Infinium was a scan for a long time..shame on them for stealing other people hard earned money ..... time for class action .. sadly, in fl even if you win..you cannot go after personal property...so bankrupting the company and living in a mansion on the beach is perfectly acceptable results of corporate fraud.
I'm sick of people and companies like this....It's time to support the local guys shops ...
No more lying corporate conglomerates who have no interest in employee welfare.
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Outdated Components? Hah! The Phantom uses vaporwa
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Re: Outdated Components? Hah! The Phantom uses vap
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Well, what do you expect
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ereleases is a FRAUD - SCAM
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A fool and his money....
This has nothing to do with capitalism. This is just herding idiots.
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