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Interplay Facing Bankruptcy Again
 
Interplay Facing Bankruptcy Again [ Company -> Update ]
Posted by POOPERSCOOPER Sat 04 Jun 2011, 4:36 AM

Remeber how a few years ago Interplay was beginning to get its gears rolling again with the start of the Fallout MMORPG and the hiring of some of those old Fallout developers? Well it looks like they are failing again and at an even more hilarous way;

"For the year ending December 31, 2010, Interplay's net loss was approximately $1.034 million on revenues of $1.380 million, bringing its working capital deficit to $2.877 million. Interplay also has no new sources of credit to address its lack of cash on hand, which stood at just $3,000 at year's end. As a result, the company is on extremely shaky financial ground and acknowledged as much in documents filed with the Securities and Exchange Commission."

I wonder if Herve will finally give up or continue to try innovative ideas to keep Interplay a float. You can read the full news article here.

Spotted @ Gamespot
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