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Herve promises funding

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Herve promises funding

Company News - posted by Saint_Proverbius on Wed 9 June 2004, 23:34:10

Tags: Herve Caen; Interplay

I just spotted this post on the IPLY Raging Bull forum, which is a cut and paste job of one of Tamara Chuang's pieces from Orange County Register. Like the title says, everything will be cool with Interplay once they get funding. Here's a clip:

The state is auditing Interplay's payroll records to determine who has been paid and who hasn't. Once the audit is completed, Interplay must pay back wages and possible penalties. If Interplay doesn't pay on time, the state could go after Interplay's assets by filing liens in court.

"We've missed a couple of payrolls, but we're going to catch up as soon as we get funding," Caen said.

Caen said he repeatedly has told employees that they will be paid when cash comes in through more funding or through the ongoing sale of its games, including "Baldur's Gate" and "Fallout." Tuesday, Caen said at least five people were at work.

"Anybody who will be at Interplay once this period of time is over will have lost nothing," Caen said.


Isn't that like saying everything will be cool in the desert once they get some steady rains and plant life?

I like the part about siezing assets though. How many P3-500MHz computers do you think it'll take to pay one employee's salary for the last month and a half?

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