Ars Technica takes a deep look at Infinium Labs, now known as Phantom Entertainment, to see how it was able to survive all these years. Phantom is kind of like Duke Nukem: Forever. We were promised a product, but it never seemed to surface. However, unlike 3D Realms, Infinium somehow managed to waste $73 million.
Amazingly, Phantom lives on, a testament to just how long a company can survive without cash when it simply stops paying creditors. The company is down to three full-time employees but still hopes to launch its Phantom Wireless Lapboard in September—if it survives that long.
Will we see this mystery Lapboard before the end of the year? You could hope for it, but bear in mind that we were supposed to see it last year. It’s a recurring theme with this company.
Source: Ars Technica