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Thread: Infinium Labs (remember the phantom) in stock scandal

  1. #1
    Ryu Hayabusa (Level 16) Raedon's Avatar
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    Default Infinium Labs (remember the phantom) in stock scandal

    Figures.. But if you invest in a concole called, "The Phantom" you deserve to loose money.


    http://fsnews.findlaw.com/articles/a...104503_19.html
    Fear your thoughts because they become your words
    Fear your words because they become your actions
    Fear your actions because they become your habits
    Fear your habits because they become your character
    Fear your character because it becomes your destiny

    Therefore: Thinking and nurturing positive thoughts, at any point in your life, can change your destiny.

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    Pac-Man (Level 10) hezeuschrist's Avatar
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    Crazy thing is that you can actually make a lot of money on a widespread fake tip like that. If you invested a grand in shitty Infinium stocks when it started and sold it at or near the peak price it would have been a hefty turnaround.

    Crazyness. Kevin Bauchus or whatever the hell his name is certainly doesn't sound convincing in his offical statement. I have a tshirt from e3 that says "I believe" On the back and has the phantom logo on the front. Heh, I use it to cover my computers case lights at night.

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    Strawberry (Level 2)
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    Did you see this from back in April?

    DiStream Files Lawsuit Against Infinium Labs and Senior Executives
    http://www.tmcnet.com/usubmit/2004/apr/1033835.htm

    DiStream is here in Jacksonville, but I don't think this went national..
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    Was there any kind of follow-up to that story?

    Hmm, the more it goes, the more the Phantom will become the best-named vaporware of all time!!!

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    Strawberry (Level 2) Algol's Avatar
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    Is Infinium Labs still in business? I thought they went out...

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    Nope, they're still listed as alive, as this news item from yesterday shows:

    http://home.businesswire.com/portal/...38&newsLang=en

    And this, from Dec. 27:

    http://www10.dcccafe.com/nbc/article...ticleid=158648

    In other words, Infinium is still around and they're supposed to be present at the next CES.

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    Alex (Level 15) tholly's Avatar
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    this news is not a surprise to me, considering the company that it concerns
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    ServBot (Level 11) badinsults's Avatar
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    Seriously, with all this bad publicity, how do they honestly believe they will release a profitable console?
    <Evan_G> i keep my games in an inaccessable crate where i can't play them

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    Why are they even allowed at e3 or CES? Seems to me that by now they'd be the black sheep, the shit-stain in the undies of the industry.

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    Ryu Hayabusa (Level 16) Raedon's Avatar
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    Just because I hate people who live for money..
    Fear your thoughts because they become your words
    Fear your words because they become your actions
    Fear your actions because they become your habits
    Fear your habits because they become your character
    Fear your character because it becomes your destiny

    Therefore: Thinking and nurturing positive thoughts, at any point in your life, can change your destiny.

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