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Phantom Entertainment returns, aims to infiltrate hotel rooms
Those terribly saddened by the recent drought of Phantom Entertainment news now have something to celebrate, as the current king of vaporware has seemingly inked an utterly worthless marketing agreement with ProGames Network to "place the Lapboard and Phantom Game Service content in [select] hotels." Reportedly, the two have agreed to place Phantom's not-yet-available wares into hotels found in North and South America, Europe, Asia, and Australasia (fancy, huh?), but to no one's surprise, neither firm mentions a target launch date.
Phantom inks $1.3 million in funding to do more nothing
There's just no way to celebrate the ushering in of a new CEO than to ink a loan agreement worth some $1.3 million, right? Just a day after Phantom Entertainment's, um, head honcho, stepped aside and gave the reigns of the vaporware wagon to Greg Koler, the outfit has now announced that it will be using the newfound fundage to "manufacture product lines this year with Alienware and IONE Technologies." We know, it's hard to stifle the chuckling, but apparently Phantom really believes that this time will be different, as it's busting out radical plans to "initiate marketing, sales, and distribution of the Phantom Lapboard." We'd feel sorry for the lenders, but they should have known better.
Timothy Roberts steps down as Chairman, Director of Phantom, which has yet to do something
You can't keep a good snake oil salesman down -- well, until he jumps right the hell overboard from his company. Maybe possibly actually on the eve of -- gasp -- actually shipping something, vaporware stock scamming pump and dump frontrunner Phantom Entertainment (aka Infinium Labs, aka the dudes Gizmondo like sooo looked up to) announced today that its founder, Chairman, and Director Tim Roberts is peaceing out just in time to not screw up their non-sales during this week's E3 conference.Lovely fluff ensues: "'We are grateful for Tim's vision and his service in helping to guide the Company since its inception' noted Greg Koler, CEO and President of Phantom Entertainment, Inc. 'We will miss Tim's counsel and insightful views on the direction of technology and we wish him well with his new endeavors.'" Vision? In producting what, bupkis? Service? In doing what, leaving the company in 2005 with a booty load of stock making the whole business look like a scam? Man, you can't even make this shlock up.Read - press releaseRead - CNN says dude's a crook (2006)Bonus: check out dude's LinkedIn profile. He really seems to believe he's a "Proven Leader in Sales." Sales of what, exactly?
Phantom not quitting yet, game service delayed until 2007
In a resurrection of not-so-epic proportions, Phantom has seemingly not thrown in the towel just yet, as its latest announcement has shown (delayed) signs of life. Just when Infinium Entertainment shed its old skin and dubbed itself Phantom, we all had such high hopes that it might actually deliver on some promises (like giving back their shareholders some money, for one), but we suppose this latest delay isn't such a letdown considering the company is probably recovering from whatever caused it to vanish last month. Although Phantom's ever-elusive Lapboard is still on track for a November release (ahem), it has announced that its gaming service won't see any action until March 2007 "as part of a licensing and recoding effort" -- apparently its CEO is hoping the setback will give Phantom time to license its goods vaporware to "well-established PC and HTPC manufacturers." Whatever the case, we're just overrun with elation (ha) to hear that Phantom is alive and kicking, and be sure stay tuned for more late-breaking delays that are practically guaranteed to hit sometime before next March, or your money back.
Phantom gaming console disappears for good
In a shocking turn of events development that will surprise absolutely no one, the company formerly known as Infinium Labs has apparently removed all references to the all-too-aptly named Phantom PC video game console from its website, leading us to believe that the product that never was is finally dead in the water. Recently renamed Phantom Entertainment (probably to shed the constant vaporware references that plagued its former moniker), the company is now focused on marketing its wireless gaming Lapboard and so-called Phantom Game Service, which is the "first end-to-end on-demand game service delivering games to your living room" (guess they never heard of GameTap) -- that is, if you happen to have an XP-powered PC situated in that particular room. As is fitting for such a shady operation, the service itself is not actually live yet; they're busy modifying the software that was originally intended for the proprietary console to run on standard Windows machines. So in conclusion, the slippery company with grandiose aspirations that we've devoted numerous (mocking) posts to for over two years has exactly one source of revenue: a keyboard / mouse set with a pretty snazzy design.[Via Joystiq]
Infinium changes name to Phantom Entertainment
We're trying to overlook the glaring irony in "Phantom" Entertainment, especially since year after year this company has been the most prominent vaporware hit since Duke Nukem Forever, but we just can't ignore the latest bit in their Phantom's comedy of errors that now has our favorite gaming company officially changing name in hopes of "invigorating its marketing approach." The path forward as of a few months ago had Infinium getting ready and set to change their name, the Phantom Lapboard set for release in Q2 of this year (wait, that's right now), and their Phantom Game Service to follow suit, but in a recent blurb from CEO Greg Koler, he astoundingly couldn't provide announcement dates for either. Previously blaming the annoyance of lawsuits and an inability to come up with $11.5 million, we've yet to hear a more recent excuse as to why we should still put faith in the powers at Phantom, but they did accomplish one thing: changing that name, and issuing another six hundred million worthless shares of stock. Regardless of the never-ending delays, we're keeping our fingers crossed, because the new and (potentially) improved Phantom Entertainment could seriously rattle the gaming market, erm, someday. And in the mean time, let the pumping and dumping begin!
