Remember a year ago when everyone was talking about the great console that would allow you to download all your games, play demos, and everything as a console unit? It had a quite a buzz a year ago, however this year you won't see or hear anything about it.

CNN reports "In a recent filing with the Securities and Exchange Commission,Infinium Labs said there's a good chance it won't raise enough money tolaunch its key product in time, putting its existence at risk." I wouldn't expect it to rise from the dead.

related links:
- Infinium Labs and HardOCP (Fri. Mar. 5, 2004)
- The Phantom materializes! (Fri. Jan. 9, 2004)
- Phantom Console Beta (Mon. Sep. 8, 2003)

edited on May. 22, 2005 12:55 pm by foyleman

I knew it, I knew it, I knew it.

There's a reason why the founder of that company had no actualy place of business and almost every one of his prior businesses folded after he received all the investing money.

SCAM!!! Put this Roberts guy away!.