Good Old Games
Donate to Codex
Putting the 'role' back in role-playing games since 2002.
Odds are, something you like very much sucks. Why? Because this is the RPG Codex
News Content Gallery People Games Companies  
Forums About Donate RSS Contact Us!  

Interplay to be homeless?

Visit our sponsors! (or click here and disable ads)

Interplay to be homeless?

Company News - posted by Saint_Proverbius on Fri 16 April 2004, 13:39:31

Tags: Interplay

GameSpot is reporting a bit about Interplay facing possible eviction from their offices due to kinda not paying the rent. Here's a brief clip:

Besides highlighting the disparity between its cash balance of $1.2 million and working-capital deficit of $14.8 million, the notice also revealed interplay is facing eviction from its Irvine, CA headquarters. The filing states that "As of April 1, 2004, the Company [Interplay] was three months in arrears on the rent obligations for its corporate lease in Irvine, California." During the conference call, Caen revealed the rent for Interplay headquarters is around $150,000 a month, meaning the company currently owes its landlord approximately $450,000--nearly half its cash on hand.


Sounds like someone needs to organize a bake sale.

Thanks, DIPThong!

There are 14 comments on Interplay to be homeless?

Site hosted by Sorcerer's Place Link us!
Codex definition, a book manuscript.
eXTReMe Tracker
rpgcodex.net RSS Feed
This page was created in 0.0470681190491 seconds