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Games Entertainment Hardware

Infinium Targets Gamers For Stock Purchase After Split 56

Thanks to HeraldTribune.com for its article discussing the continuing fortunes of PC 'game console' manufacturer Infinium, following much controversy over their forthcoming Phantom console in recent weeks. Infinium CEO Timothy Roberts is quoted as saying, following a "four-for-one stock split", the second of the year, that "...part of Infinium's stock marketing effort will be aimed at video game aficionados, people who have contacted the company via e-mail because they are interested in using the product when it is rolled out and who may also have expressed interest in making a stock investment." With regard to this, it seems that, judging by current prices, "...even before it has a product to sell, Infinium has a market capitalization of $133 million ($5.80 times 23 million shares)."
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Infinium Targets Gamers For Stock Purchase After Split

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  • by Anonymous Coward on Thursday March 18, 2004 @04:12AM (#8596581)
    Seriously, can't I just make my checks out to directly to Neil Bush, the Russian mob, and or Nigerian Colonels?
  • by ottawanker ( 597020 ) on Thursday March 18, 2004 @04:36AM (#8596662) Homepage
    1) Sell shares to suckers (er, sorry, I meant gamers).
    2) Release some random computers cleverly disguised as mock-ups of a 'gaming console'.
    3) Sue Nintendo, Microsoft, and Sony for stealing their core operating system design (and later expand into suing big users who are using these consoles - maybe check out some Eastern countries to see if they are using clusters of Playstations as weapon guidance systems).
    4) Profit.
  • by jjhlk ( 678725 ) on Thursday March 18, 2004 @04:51AM (#8596718) Homepage
    Want to make a fake mock-up to impress investors? Take your stylish case, put a mini-itx board with a P4 in it, install the games you will be demo'ing, and use a custom frontend (visual basic even) with Windows running in the background.
  • by Siniset ( 615925 ) on Thursday March 18, 2004 @04:52AM (#8596723) Homepage Journal
    You forgot a few steps... :)

    No see, first they'd have to buy the ip in the colecovision (or similar oldschool console) from a company who may or may not of actually owned the ip and then sue the modern console makers for including things like joysticks on their control pads, which are obvious ip violations, amoung others. Then they'd have to offer liscenses to normal console users for the right to use things like pixels on the screen and their gamepad joystick.

  • by Umgawa71 ( 739459 ) on Thursday March 18, 2004 @05:00AM (#8596746) Homepage
    After the way Infinium Labs has treated [H]ardOCP, I have to suggest to the stock analysts never, under any circumstances, to give this stock a 'Sell' recommendation, lest Infinium's legal department threaten suit for defamation. ... Ooh, I just heard the doorbell; I think I'm being served!
  • Re:Uhhhm, (Score:5, Funny)

    by ChaoticLimbs ( 597275 ) on Thursday March 18, 2004 @05:08AM (#8596768) Journal
    Actually I think that loosely translates to "We at Infinium believe that our company stock will sell best to those people who have no knowledge of investment, corporate economics, or business management. We anticipate our sales to these boobs to comprise 99% of our total market cap."
  • by cyrax777 ( 633996 ) on Thursday March 18, 2004 @05:11AM (#8596774) Homepage
    Ocean front property in Arizona with every 1000 shares purched.
  • by NSash ( 711724 ) on Thursday March 18, 2004 @07:00AM (#8597065) Journal
    Don't worry. Stock analysts never give sell recommendations anyway. (The closest they'll ever come is "hold." If a stock analyst is saying to hold a stock, that means you should've sold your shares last month.)
  • Boiler Room (Score:3, Funny)

    by Anonymous Coward on Thursday March 18, 2004 @07:40AM (#8597190)
    It seems like the boys from the movie "Boiler Room" have found a new pump and dump stock scheme.
  • by peu ( 163472 ) on Thursday March 18, 2004 @09:18AM (#8597572) Homepage
    for the cpu processors we source at Michaels Computers...

  • by *weasel ( 174362 ) on Thursday March 18, 2004 @09:23AM (#8597599)
    I believe they're listed as:

    The Brooklyn Bridge
    Florida Swampland
    Arizona Beachfront property
    The Washington Monument
    The Alamo

    It makes that share price look pretty reasonable combined with that great console render they're going to maybe possibly pretend to manufacture and distribute.
  • by b0r0din ( 304712 ) on Thursday March 18, 2004 @09:38AM (#8597688)
    Dear Sir:

    I have been requested by Infinium Labs to contact you for assistance in resolving a matter. Infinium has recently concluded a large number of contracts to supply video game machines to end users. The contracts have immediately produced moneys equalling US$133,000,000. Infinium is desirous of selling their machines in other parts of the world, however, because of certain regulations of the Nigerian Government, it is unable to move these funds to another region.

    You assistance is requested as a non-Nigerian citizen to assist Infinium in moving these funds out of Nigeria. If the funds can be transferred to your name, in your United States account, then you can forward the funds as directed by Infinium. In exchange for your accomodating services, Infinium would agree to allow you to retain 10%, or US$13.3 million of this amount.

    However, to be a legitimate transferee of these moneys according to Nigerian law, you must presently be a purchaser of at least US$100,000 of Infinium stock.

    If it will be possible for you to assist us, we would be most grateful. We suggest that you meet with us in person in Lagos, and that during your visit I introduce you to the representatives of Infinium which produce the good Phantom product, as well as with the creators of Duke Nukem Forever, a partner company.

    Please call me at your earliest convenience. Time is of the essence in this matter; very quickly the Nigerian Government will realize that Infinium is maintaining this amount on deposit, and attempt to levy certain depository taxes on it.

    Yours truly, etc.

    Timothy Roberts
    CEO, Infinium Labs
  • by JimTheta ( 115513 ) on Thursday March 18, 2004 @10:58AM (#8598428) Homepage
    "...its article discussing the continuing fortunes of PC 'game console' manufacturer Infinium..."

    I think you put the quotes in the wrong place. It should be:

    "... PC game console 'manufacturer' Infinium..."

    That makes much more sense.
  • by Tired_Blood ( 582679 ) on Thursday March 18, 2004 @12:22PM (#8599434)
    Nice, but in the future, use ALL CAPS (either the whole thing or special words like INFINIUM and PHANTOM) and start with "Greetings and good season to you" or something weird like that.
  • by devnull17 ( 592326 ) on Thursday March 18, 2004 @12:45PM (#8599740) Homepage Journal
    Well, first you'd have to figure out how to divide by zero.

And it should be the law: If you use the word `paradigm' without knowing what the dictionary says it means, you go to jail. No exceptions. -- David Jones

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