Kevin Bachus Quits Infinium 29

Posted by Zonk on Monday November 21, 2005 @06:57PM from the ha-ha-ha-ha-ha dept.

In yet another piece of news confirming that Infinium is snake-oil in console form, Kevin Bachus has left his position as CEO of the company. Next Generation reports: "The company continues to promise the launch of the aptly named Phantom e-distribution console in 2006. To be honest though, the company has been promising its launch every year since the launch of the Xbox when they first started talking about the unit and rightfully about the promise of e-distribution."

Kevin Bachus Quits Infinium

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You know... (Score:5, Funny)

by Xerxus ( 899945 ) writes: on Monday November 21, 2005 @06:59PM (#14085923)

... I am beginning to think it was a bad idea to invest in this company. =(

- - Re:You know... (Score:3, Funny)
    
    by Baikala ( 564096 ) writes:
    
    We need more filter options, a "permanent -1 for this newbie without sense of humor, show me his commnets again in two years time if he's still arround" comes to my mind.
    - Re:You know... (Score:2)
      
      by fatboyslack ( 634391 ) writes:
      
      Indeed. Quite the harsh one, owner of a UID not that far removed from mine.
      
      The original poster was ambiguous with regards to ownership of shares in the Infinium or whatever they are called, and I was amused by the possibilty that someone had actually bought shares in this decidedly dodgy venture.... and if you read further on, the original poster actually responds with "I actually did buy a very, very, very small amount"
      
      Still, I wonder why I was marked harshly down overated and you somehow escaped attention
  - Re:You know... (Score:4, Interesting)
    
    by MBraynard ( 653724 ) writes: on Monday November 21, 2005 @10:30PM (#14087458) Journal
    
    I actually did buy a very, very, very small amount on pot odds for two reasons:
    1) Whatever technology they were developing could be picked up by a major service provider who wanted to get into the game market. So I was thinking someone might just buy them out. I think that's the only hope the thiefs behind the company had.
    2) To just develop/sell/liscence their keyboard/mouse combo. It looked really good and they apparently own the IP on it.
    
- Re:You know... (Score:3, Funny)
  
  by mtrisk ( 770081 ) writes:
  
  At this point, your shares are worth more as toilet paper. Don't even bother collecting on your penny [phantom.net]...
  - Re:You know... (Score:2)
    
    by game kid ( 805301 ) writes:
    
    At least they're on NASDAQ. Another "snake oil" company [pinksheets.com] seems content in pink-sheets territory.
Nothing to see here... (Score:2, Funny)

by TouchOfRed ( 785130 ) writes:

move along.
- Re:Nothing to see here... (Score:1)
  
  by PunkOfLinux ( 870955 ) writes:
  
  Apparently, no one got the humor in. Darn you, lack of mod points.
- Re:Nothing to see here... (Score:2)
  
  by Killjoy_NL ( 719667 ) writes:
  
  Touche, spot on :D
Looks like MS beat them to it (Score:5, Insightful)

by RebelScum ( 48833 ) writes: <chriswitt@gmaMONETil.com minus painter> on Monday November 21, 2005 @07:21PM (#14086139)

You know, when Microsoft beats you to market with something, you're really slow!

(The Xbox 360 has "e-distribution" in the form of Xbox Live Arcade, where you can download games to the hard drive over Live).

- Re:Good Idea (Score:5, Interesting)
  
  by Elranzer ( 851411 ) writes: on Tuesday November 22, 2005 @12:50AM (#14088018) Homepage
  
  let's face it Nintendo is considered a small company in the console industry today
  That's like saying Apple is considered a small company in the music player business these days...
  
Pssst, my money is safe! (Score:4, Funny)

by Winckle ( 870180 ) writes: <mark.winckle@co@uk> on Monday November 21, 2005 @07:42PM (#14086336) Homepage

My investments will pay themselves back a hundred fold once Duke Nuken Forever is out!

- Re:Pssst, my money is safe! (Score:3, Funny)
  
  by game kid ( 805301 ) writes:
  
  You misspelled "if" as "once".
  
  To quote the great philosopher Laurence Tureaud, "I pity the fool!"
  - Re:Pssst, my money is safe! (Score:1)
    
    by Leiterfluid ( 876193 ) writes:
    
    If again, someone misses the joke.
More CGI art? (Score:4, Insightful)

by Southpaw018 ( 793465 ) * writes: on Monday November 21, 2005 @08:03PM (#14086514) Journal

Is it just me, or has the console's image changed again? I mean...seriously...part of what's so entertaining about the whole damn saga is how often and how radically the "photographs" of the console change!

- Re:Not CGI. (Score:2)
  
  by Bastian ( 66383 ) writes:
  
  I don't think it's CG art this time. It looks like the latest picture is just a PismoBook painted white. [google.com]
- That's not the Phantom... (Score:1)
  
  by bateleur ( 814657 ) writes:
  
  ...that's just its mouse!
- Re:More CGI art? (Score:3, Insightful)
  
  by johnkoer ( 163434 ) writes:
  
  Well they are just changing along with their competition:
  
  They started out competing against this. [50megs.com]
  Now they are competing against this. [amazon.com]
But how's Tim doing ?! (Score:2)

by 88NoSoup4U88 ( 721233 ) writes:

So did Timothy Roberts get rid of his... phobia [penny-arcade.com] yet ?
- Re:But how's Tim doing ?! (Score:1)
  
  by mthornton ( 928418 ) writes:
  
  That's more of a fetish..
Could it be... (Score:2, Interesting)

by rAiNsT0rm ( 877553 ) writes:

That it really is a sham?!? No way! All those ivestment bankers couldn't be wrong, and the hardware was so revolutionary, and the games... they were going to be so, so, well... there may not even be any games, but if there were any I'm sure they would have been perfectly bland and retreads of crappy PC shareware/flash games.

Damn. My hopes were so high for so long. Guess I'll have to settle for the next best hype-box 360... it will be sooo much better. I mean MS says so, and like on MTV too...
- I actually had my hands on one (Score:4, Interesting)
  
  by LordZardoz ( 155141 ) writes: on Tuesday November 22, 2005 @03:38AM (#14088515)
  
  It was a demo unit at E3 2004, so they did get as far as having a few prototype consoles.
  
  I would guess that they have just failed to get enough investors to actually launch. The idea is, oddly enough, becoming increasingly valid. But they have absolutely no credibility with anyone at this point, as near as I can tell. How is it tht anyone can still be willing to be associated with the Phantom console at this point?
  
  END COMMUNICATION
  
  - Re:I actually had my hands on one (Score:1)
    
    by rAiNsT0rm ( 877553 ) writes:
    
    I too was at E3 and checked it out and had a laugh or two. I thought it was one of the silliest ideas to begin with, and I held an interview with two of the gentlemen there for the Phantom and I ended up with such useless information that I couldn't even use it. They spoke in such generalities that they really said nothing, which is exactly what it will turn out to be.
    
    The funny thing is that even as long as I've been in this business, there was a point were I truly believed that this product was going to co
Phantoms Killer App Launch Title? (Score:1)

by thelonestranger ( 915343 ) writes:

Duke Nukem Forever.

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Kevin Bachus Quits Infinium 29

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Kevin Bachus Quits Infinium

You know... (Score:5, Funny)

Re:You know... (Score:3, Funny)

Re:You know... (Score:2)

Re:You know... (Score:4, Interesting)

Re:You know... (Score:3, Funny)

Re:You know... (Score:2)

Nothing to see here... (Score:2, Funny)

Re:Nothing to see here... (Score:1)

Re:Nothing to see here... (Score:2)

Looks like MS beat them to it (Score:5, Insightful)

Re:Good Idea (Score:5, Interesting)

Pssst, my money is safe! (Score:4, Funny)

Re:Pssst, my money is safe! (Score:3, Funny)

Re:Pssst, my money is safe! (Score:1)

More CGI art? (Score:4, Insightful)

Re:Not CGI. (Score:2)

That's not the Phantom... (Score:1)

Re:More CGI art? (Score:3, Insightful)

But how's Tim doing ?! (Score:2)

Re:But how's Tim doing ?! (Score:1)

Could it be... (Score:2, Interesting)

I actually had my hands on one (Score:4, Interesting)

Re:I actually had my hands on one (Score:1)

Phantoms Killer App Launch Title? (Score:1)

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