Transmutation

Oh man, awesome article at Gamespot about Infinium opening up its books and putting the Phantom console on hold. For those of you who don’t know, the aptly named Phantom has become an oft-lampooned symbol of vaporware. And to those foolish venture capitalists who sunk money into this horrific company, Infinium released this statement:

We are developing and seeking to commercialize the Phantom Lapboard, a wireless, rotating custom keyboard/turntable with integrated mousepad. After establishing the Phantom Lapboard, we may seek to develop and commercialize the Phantom Game Service.

Hahahaha, after more than 3 years and $62.7 million in losses (only $3.5 million has been lost to development costs), all the investors get is the promise of some piece-of-junk keyboard? Oh, I’m sorry, it’s actually a keybousepad. But, of course, should they secure more funding… This doesn’t sound like one of those 419 scams or anything.

I don’t care what the rest of you haters think, Tim Roberts (founder of Infinium Labs) has done a masterful job of stringing along (kiting even) gullible venture capitalists who are too lazy to run a background check or do research on the company they are investing in. But perhaps even these pitiable fools are starting to wise up

3 Comments

  • By teahouseblossom, 2/23/2006 @ 3:36 am

    Call me old-fashioned, but I just don’t see the value in integrating a mousepad. I like having my cheesy theme-parked souvenir mousepad that I got in Europe. It adds a personal touch to my workstation.

  • By Phil, 2/24/2006 @ 5:44 pm

    Holy crap, that scambaiting website is hilarious.

  • By Velius, 2/27/2006 @ 12:54 pm

    Damnit, what? They put it on hold? Great, now I guess the only thing that’s for certain is Starcraft: Ghost. Game of the Year 2034!

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