SamusAran86
Registered Member
Atari running out of quarters? - PC News at GameSpot
the company formerly know as Infrogrames looks like its going to be tanking pretty soon.
the company formerly know as Infrogrames looks like its going to be tanking pretty soon.
Publisher expresses "substantial doubt" about its own future in belated earnings filing; revenues shrink to $10M as losses rise to $12M
Now the publisher isn't sure if this is a slide from which it can recover. Last month Atari announced a change to an existing line of credit. However, in its just-filed report for the first quarter of its fiscal year 2008, Atari said the maximum amount it can borrow through the agreement won't even provide the funding it needs to make it through the current holiday season. Atari management is looking for additional financing, though by the company's own account, there's no guarantee it will materialize.