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 in Trouble Again

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

Interplay in Trouble Again

Company News - posted by Jason on Wed 1 June 2011, 09:43:15

Tags: Fallout Online; Interplay

According to Develop, Interplay has revealed in an SEC document that the beloved studio might be back to the boxes sooner rather than later.

“We currently have some obligations that we are unable to meet without generating additional income or raising additional capital,” Interplay said.

“If we cannot generate additional income or raise additional capital in the near future, we may become insolvent or be made bankrupt or may become illiquid or worthless.”

Interplay, which also develops games internally, reported a net loss of $1 million in 2010, along with a stockholders’ deficit of $2.8 million and a working capital deficit of $2.8 million.

Additional financing is needed to fund current operations, the firm said.

“However, no assurance can be given that funding can be obtained on acceptable terms, or at all,” it added.

“These conditions, combined with the company’s historical operating losses and its deficits in stockholders’ equity and working capital, raise substantial doubt about our ability to continue as a going concern.”

Interplay said it is spreading its bets to secure external funding, and is prepared to accept “a sale or merger of the company”.

So who's up for buying Interplay? We could have Prosper pump out Earthworm Jim sequels while the rest of us work on FallDex: A Post-Tacticular Role Playing Game & Tranny Dating Sim.

Thanks to thesheeeeeeep

 

There are 20 comments on Interplay in Trouble Again

Site hosted by Sorcerer's Place Link us!
Codex definition, a book manuscript.
eXTReMe Tracker
rpgcodex.net RSS Feed
This page was created in 0.0527620315552 seconds