Results 1 to 10 of 10

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

  1. #1
    Ryu Hayabusa (Level 16) Raedon's Avatar
    Join Date
    Jul 2002
    Location
    Texas Land
    Posts
    8,054
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts

    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.

  2. #2
    Pac-Man (Level 10) hezeuschrist's Avatar
    Join Date
    Apr 2003
    Location
    Austin, TX
    Posts
    2,737
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Xbox LIVE
    Hezeuschrist

    Default

    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.

  3. #3
    Strawberry (Level 2)
    Join Date
    Aug 2004
    Location
    Jacksonville, FL
    Posts
    411
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Xbox LIVE
    Historian Live

    Default

    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..
    Community Manager for Acclaim Games Inc.
    http://www.acclaim.com

  4. #4
    Yo Joe! Custom rank graphic
    Lady Jaye's Avatar
    Join Date
    Jul 2002
    Location
    Montreal
    Posts
    10,684
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    1
    Thanked in
    1 Post
    Xbox LIVE
    ladyjaye75
    PSN
    ladyjaye75

    Default

    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!!!

  5. #5
    Strawberry (Level 2) Algol's Avatar
    Join Date
    Dec 2003
    Location
    Right Here
    Posts
    437
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts

    Default

    Is Infinium Labs still in business? I thought they went out...

  6. #6
    Yo Joe! Custom rank graphic
    Lady Jaye's Avatar
    Join Date
    Jul 2002
    Location
    Montreal
    Posts
    10,684
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    1
    Thanked in
    1 Post
    Xbox LIVE
    ladyjaye75
    PSN
    ladyjaye75

    Default

    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.

  7. #7
    Alex (Level 15) tholly's Avatar
    Join Date
    Aug 2003
    Location
    Fair Oaks, California
    Posts
    7,190
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Xbox LIVE
    tholly1983
    PSN
    tholly

    Default

    this news is not a surprise to me, considering the company that it concerns
    Collection Pics--RFGen List--Excel Collection Spreadsheet
    Wii: 6005 4631 6751 2174 -- PS3: tholly -- X360: tholly1983

  8. #8
    ServBot (Level 11) badinsults's Avatar
    Join Date
    Mar 2003
    Location
    Somewhere on planet Earth / #vbender
    Posts
    3,986
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts

    Default

    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

  9. #9
    Kirby (Level 13) Half Japanese's Avatar
    Join Date
    Jun 2003
    Location
    Necropolis
    Posts
    5,700
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Xbox LIVE
    Half Japanese
    PSN
    HalfJapanese

    Default

    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.

  10. #10
    Ryu Hayabusa (Level 16) Raedon's Avatar
    Join Date
    Jul 2002
    Location
    Texas Land
    Posts
    8,054
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts

    Default



    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.

Similar Threads

  1. Kevin Bachus quit Infinium Labs (Phantom vaporware)
    By Lady Jaye in forum Modern Gaming
    Replies: 5
    Last Post: 11-23-2005, 10:28 PM
  2. Infinium Labs was bought out by.......Infinium labs?
    By Sylentwulf in forum Classic Gaming
    Replies: 19
    Last Post: 01-12-2004, 01:18 AM
  3. Interesting Info on Infinium Labs and the Phantom
    By jonjandran in forum Classic Gaming
    Replies: 2
    Last Post: 11-07-2003, 02:39 PM
  4. Official Infinium Labs Phantom FORUM. Flame Away!
    By Sylentwulf in forum Classic Gaming
    Replies: 15
    Last Post: 10-10-2003, 11:42 AM
  5. Infinium Labs Phantom [computer renderings]
    By Achika in forum Classic Gaming
    Replies: 5
    Last Post: 07-11-2003, 11:26 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •