Forum Overview :: Gamerasutra :: That's it for the Phanton

[quote name="Ice Cream Jonsey"]<a href="http://www.gamespot.com/news/6144631.html">http://www.gamespot.com/news/6144631.html</a> [quote]From its inception in December of 2002 through September of last year, Infinium racked up $62.7 million in losses. Of that, only $3.5 million has been lost to development costs. The company has spent more than half that in advertising, even though none of its products or services have been released yet. More of the company's money has been going toward consultants ($12.8 million), salaries ($11.9 million), and general and administrative expenses ($5.9 million). [/quote] The article also says they are having problems with their landlord. Well, their landlord is having problems with them, seeing how they owe him hundreds of thousands of dollars. I would think that it would be time for the highly paid consultants to push for a "work from home" or "work elsewhere" program and eliminate rent as an expense, but what do I know. ICJ [/quote]