First you don't paid, then you get fired...ouch

Also, who is going to buy a MMO game from a company this close to going under?

Premium Bundle for $60...good for them, hopefully good for us

am I the only one that thinks it looks very uncomfortable to actually hold?

Terrible news for all involved...especially the employees.

Usually things don't get to this point. Buyout, takeover, close the doors, restructuring...something.

I wonder if the top execs were expecting some other funding that fell through.

Seems they will default on their loan to the state (they called the state to say the check they wrote lacked sufficient funds, and the state returned the check).This means taxpayers on on the hook for $100 million plus.It also means employees will be far down the ladder as far as repayment (loan to state and other creditors will come first)

I also read the state will own the IP though as a result of the default and be able to auction it off.

@Sgt-Damain

It was a loan to start a company not to make a single game.-specifically to relocate to a new area (which they hoped would be a win/win by bringing tax revenue and jobs)

MOST businesses are profitable right out of the gate with their first product.

Some fortunate ones are, but most are not

@Pyrosa

It was a loan to start a company not make a single game.

MOST businesses are NOT profitable right out of the gate.

Some fortunate ones are, but most are not.

(sorry about the delete and repost. the 'new' GS lacks an edit function)

Most of the games that have already released in the top graph turned out pretty damn good (most, not all).

...better to delay and get it 'right'

@GrScorpion

better to show up late and properly dressed for the party than show up on time and looking like sh*t

"Final Fantasy XIII-2 launched in North America on the last day of January, and was February's second best-selling title, beat out only by Call of Duty: Modern Warfare 3."

...the f*ck?

Never would have thought that. Wow. Way better than expected