In the “How in the world did that happen?” section today, we have news that Infinium, the company claiming to be making the Phantom game console, has secured an additional $5 million in funding to continue developing the system. There have been announcements for years of the soon-to-be released Phantom console. So far, the phantom identifier appears about right. From the article:
However, with a recent financial statement revealing that Infinium Labs still “has recurring losses from inception of $57,570,723, has a working capital deficiency of $10,085,662, a stockholders deficiency of $9,470,271 and has a negative cash flow from operations of $14,888,265 from inception”, and will need to pay significant cash amounts to game licensors and Phantom hardware contractors, the Game Service itself may have to wait a little longer before getting officially under way.
[tags]Phantom, Infinium, Vaporware, Gaming[/tags]