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Phantom console sighting !!!!
http://arstechnica.com/gaming/2015/07/ars-reader-so-a-guy-walks-into-my-shop-with-an-infinium-phantom-console/
Bankruptcy judge orders liquidation for Savtira
U.S. Bankruptcy Judge Catherine McEwen converted Savtira’s Chapter 11 filing, a voluntary effort to reorganize its finances, to a Chapter 7 case, or an involuntary liquidation.
http://www.bizjournals.com/tampabay/news/2012/07/26/bankruptcy-judge-orders-liquidation.html
Steen also showed McEwen two “letters of intent” for alternative funding. McEwen reviewed both, before pronouncing them “smoke and mirrors.” She also said the company lacked a game plan and had an “unsophisticated” approach.
“Businesspeople should be smarter than this,” she said. “You’ve run out of time.”
Phantom Entertainment to Display Phantom(R) Lapboard at CEA's Electronic House Expo in Long Beach, California
Tuesday November 14, 7:59 am ET
SEATTLE, Nov. 14 /PRNewswire-FirstCall/ -- Phantom® Entertainment, Inc., (OTC Bulletin Board: PHEI - News) will display its Phantom® Wireless Lapboard in the ControlThink exhibit at the Z-Wave Alliance Pavilion during the seventh annual Electronic House Expo Wednesday through Friday, November 15-17, at the Long Beach Convention Center in Long Beach, California. The expo will include more than 350 manufacturers and distributors of custom electronics products for the home.
"Phantom's Lapboard is earning great reviews as the perfect keyboard and mouse combo for home theater and gaming applications," said Chris Walker, President of ControlThink. "Alongside ControlThink software and using the Z-Wave home control standard, the Phantom Lapboard is the ultimate Media
Center accessory."
"Electronic House Expo will provide the Phantom Lapboard a strong presence in the custom electronics industry," said Greg Koler, Phantom Entertainment's President and CEO. "As a featured product in the ControlThink exhibit, the Phantom Lapboard will be showcased before an audience of custom electronics integrators, retailers and leading suppliers of video entertainment products."
"Our Phantom Lapboard is designed to be an ultimate wireless solution for home entertainment centers," Koler said. "We look forward to working with the custom electronics industry to enhance the entertainment center experience in living rooms and other comfortable lifestyle settings."
About ControlThink LC
ControlThink® creates highly reliable, low-cost and easy-to-use home and building control solutions. ControlThink is reinventing home control, making it simpler and more affordable for all homeowners. For more information, please visit http://www.controlthink.com.
About EHX
Electronic House Expo, a Tradeshow Week magazine Fastest 50 event for three years running, is the fastest growing trade event of the $13 billion custom electronics industry. Held twice annually and sponsored by The Consumer Electronics Association's TechHome Division, EHX attracts a large and dynamic audience of custom electronics integrators, retailers and allied trades to interact with leading suppliers of audio/video entertainment, digital convergence, networking and communications, comfort and control, and security and electrical products. For more information, please visit http://www.ehxweb.com.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. The Company is in the development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact
pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Phantom Entertainment, Inc.
Phantom Entertainment Signs Manufacturing Contract to Meet Demand for Phantom Lapboards With Media Center PCs
Tuesday November 7, 8:09 am ET
SEATTLE, Nov. 7 /PRNewswire-FirstCall/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI - News) today announced the Company has signed a contract with Itron Technology Inc., a worldwide leading manufacturer and marketer of input devices such as keyboards and mice, to meet the demand for the Phantom Wireless Lapboards from manufacturers of media center PCs and distributors as well as retail customers.
"Demand for Phantom Wireless Lapboards from major manufacturers of media center PCs and distributors has required the Company to make some changes in its production schedule," explained Greg Koler, President and CEO of Phantom Entertainment Inc. "Our manufacturing contract with Itron Technology establishes a production schedule to fulfill orders from major manufacturers of media center PCs and distributors as well as retail consumers."
"The production schedule will result in container shipping from manufacturing facilities in China to the United States in February 2007," Koler said. "The schedule will enable the Company to begin air shipping of Phantom Wireless Lapboards in January 2007 to meet online orders received through October 31. The Company intends to announce major retail distribution agreements through the first quarter of 2007 and to have broad retail availability in the U.S. of Phantom Wireless Lapboards in March 2007," he said.
The Phantom Wireless Lapboard and Phantom(r) Wireless Laser Mouse are a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, and a wireless high definition 1200 dpi laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left- or right-handed users and inclines on a 22-degree angle with a hard surface below for the Phantom Wireless Laser Mouse. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications on PC and Apple Mac platforms.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. The Company is in the development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact
pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Phantom Entertainment, Inc.
Alienware Orders Phantom(R) Lapboard
Tuesday October 31, 9:30 am ET
Alienware to Offer Phantom Wireless Lapboard With Media Center PCs
SEATTLE, WA--(MARKET WIRE)--Oct 31, 2006 -- Phantom Entertainment, Inc. (OTC BB:PHEI.OB - News) announced today that Alienware® -- the leading manufacturer of high-performance desktop, notebook, media center and professional systems -- has ordered the Phantom® Wireless Lapboard and Phantom Wireless Laser Mouse for their Media Center PCs and its PC gear product line.
"Alienware's Media Center PC together with the Phantom Wireless Lapboard will allow users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace," said Greg Koler, President and CEO of Phantom Entertainment, Inc.
"Our Phantom Lapboard is designed to be an ultimate wireless solution for home entertainment centers," Koler said. "We look forward to working with Alienware to enhance the entertainment center experience in living rooms and other comfortable lifestyle settings."
"Alienware's Media Center PCs dramatically enhance every aspect of the multimedia experience by improving ease of use, expanding users' range of capabilities, and advancing multimedia technology to extraordinary new heights," said Frank Azor, Senior Vice President and General Manager for Alienware Worldwide Product Group. "Implementing the Phantom Wireless Lapboard as part of our Media Center solutions is an important extension of these key features, providing users with a convenient, flexible way to both work and have fun without being tied to a desk."
The Phantom Wireless Lapboard and Phantom® Wireless Laser Mouse are a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, and a wireless high definition 1200 dpi laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left or right handed users and inclines on a 22 degree angle with a hard surface below for the Phantom Wireless Laser Mouse. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications on PC and Apple Mac platforms.
About Alienware
Alienware offers unique and award-winning technology products that incorporate state-of-the-art components, innovative engineering and design, and unprecedented customer service. Alienware has been recognized by INC 500, won the Shoppers' Choice Award as the Best Performance Desktop by Computer Shopper's reader survey, had its Alienware Area-51 ranked among "The 25 Greatest PCs of All Time" by PC World and also received PC Magazine's Reader's Choice Award in its 18th Annual Reader Survey. Alienware systems are available direct within the United States, Europe, Australia, and New Zealand. For more information, please visit www.alienware.com or call 1-800-ALIENWARE (254-3692).
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. The Company is in the development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit www.phantom.net.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Contact:
PR Contact:
Email Contact
Phantom Entertainment, Inc.
800 Fifth Avenue, Suite 4100
Seattle, WA 98104
Email. Email Contact
http://www.phantom.net
Source: Phantom Entertainment, Inc.
Phantom(R) Game Service to be Modified for PC Operating Systems
Tuesday September 12, 8:14 am ET
SEATTLE, Sept. 12 /PRNewswire-FirstCall/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI - News) today announced it has contracted with VertiCity, a global software development firm, to modify the Company's Phantom® Game Service software for Windows XP and Windows XP Media Center operating systems.
"The Phantom Game Service software was originally engineered to run on a Windows XP embedded operating system as a standalone configuration managed by our service and content servers," noted Greg Koler, President and CEO of Phantom Entertainment. "We intend to modify our software to run in the user-controlled PC environment.
"We expect the Phantom Game Service PC client software will be ready during the first quarter of 2007," Koler said. "This move will enable the Company to license the Phantom Game Service technology to well-established manufacturers of PCs and digital home entertainment centers.
"The Company remains committed to its original mission of delivering the first end-to-end, on-demand game service. Our course has been altered to deliver this service to PCs as well as to entertainment centers in the comfort of the living room," Koler explained.
The Company is on schedule to proceed with manufacturing of the Phantom® Lapboard, a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from any comfortable setting. The Company expects to begin shipping in November.
About VertiCity
VertiCity was founded in 2001 as a privately held conglomeration of web/software technologies and services with corporate headquarters in New York City and software development centers throughout Southeast Asia. VertiCity provides software development services for clients throughout the world utilizing its REMS (Remote Employee Management System) to provide efficient and cost-effective solutions. The company's services include application design, coding, internal testing, documentation, implementation, customer live testing and support. For more information, please visit http://www.verticity.com.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing its first product, the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any other comfortable setting in the home or workplace. The Company is in the development of its flagship product, the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact
pr@phantom.net
Source: Phantom Entertainment, Inc.
Phantom(R) Entertainment Signs Wiredset Digital Agency for Online Marketing and Branding of Phantom(R) Lapboard and Game Service
Thursday September 7, 8:00 am ET
SEATTLE, Sept. 7 /PRNewswire-FirstCall/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI - News), designer and developer of the Phantom® Lapboard, has hired Wiredset Digital Agency for online marketing and branding of its Phantom Lapboard and Game Service. The New York agency, best-known for creative online and mobile solutions, was selected for its expertise and success in the online marketing of entertainment and media companies.
"Wiredset has produced breakthrough advertising and marketing campaigns targeting consumers in the music and entertainment industries," said Greg Koler, President and CEO of Phantom Entertainment. "This agency is a great match for Phantom Entertainment's products and services."
"Wiredset is proud to be involved with Phantom Entertainment for the release of the Lapboard. We've leaned back for the TV and leaned forward into the computer, and, finally, there is a keyboard that will allow us to work or play games in any comfortable setting," noted Grant Johmann, Wiredset's Vice President of Marketing and Business Development.
Wiredset's digital services include online marketing campaigns, website promotions, grassroots promotions, online sales promotions, direct email, strategic influencer campaigns, peer to peer network and search engine marketing.
The Phantom Lapboard is a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, programmable keys and a wireless high-performance 1200 dpi laser mouse.
About Wiredset
Wiredset is a leading digital agency providing online and mobile marketing services, web production, and business intelligence products and services for leading brands, artists, and entertainment and media companies. Mark Ghuneim launched Wiredset in 2004 after 16 years with Sony Music USA, where he most recently served as Senior Vice President for Online Services. For more information, please visit http://www.wiredset.com.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing its first product the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any other comfortable setting in the home or workplace. The Company is in the development of its flagship product the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact:
pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Phantom Entertainment, Inc.
Greg Koler, President and CEO of Phantom Entertainment Inc., Talks with Traders Nation
Wednesday August 23, 3:30 pm ET
On-demand Entertainment Solutions, Jump Start with Online Store, Wireless Technology, Wide Demographical Users, Worldwide Opportunities, Game Ownership Advantage, Parental Controls
PHOENIX--(BUSINESS WIRE)--Aug. 23, 2006--Traders Nation is pleased to announce that it has completed an interview with Greg Koler, president and CEO of Phantom Entertainment Inc. (OTCBB: PHEI - News), and the interview is available at http://www.tradersnation.com/phei.shtml.
Koler updates listeners with current events of the company, which include on-demand entertainment solutions, jump start with online store, wireless technology, wide demographical users, worldwide opportunities, game ownership advantage and parental controls.
About Phantom Entertainment Inc.
Phantom Entertainment Inc. is an industry-leading, global entertainment and interactive game company. Phantom Entertainment has developed and is marketing its first product, the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface that makes it easy for you to work or play games from your couch, easy chair, or any other comfortable setting in your home or workplace.
Traders Nation Radio Show: Multiple segments make up the "LIVE" hour-long program, where listeners and viewers gather daily to hear the latest small-cap news. Scheduled guests include industry experts and CEOs. Traders share investing and trading strategies, and potential hot stock plays swirl throughout the call-in portion of the show.
* Traders Nation broadcasts live on New York ABC's Starguide Satellite System.
* Traders Nation can be heard on: 1) KBNP 1410-AM, "The Money Station," Portland, Ore.; 2) KSBN 1230-AM, "Money Talk 1230," Spokane, Wash.; 3) KITZ 1400-AM, "MegaTalk 1400," Port Orchard, Wash.; 4) KGTK 920-AM, "MegaTalk 920," Port Orchard, Wash.; 5) WLLA 1680-AM, Long Lake, Minn.; and 6) KBNN 750-AM, Lebanon, Mo.
* Traders Nation is currently syndicated online. Financial Web sites carry our network of shows 10 times more often than any of our competitors.
* Traders Nation is the only financial talk show listed under the radio selection as a pre-load in Apple's iTunes software, and can be found in Real Media's European platform.
* Traders Nation is heard by tens of thousands of end users via QuoteStream online financial software.
* TradersNation.com is the developer of ProXstream(TM), a free feature-rich media player for the active trader. http://www.tradersnation.com/proxstream.shtml
* Your company can be discussed next to the who's who in the financial content and broadcasting industry. Guests on Traders Nation have been:
* Steve Forbes -- president and CEO of Forbes Inc., editor in chief of Forbes Magazine, and Republican candidate for president
* Willie Nelson -- country music legend
* Dave Kansas -- editor of The Wall Street Journal Money & Investing section
* Richard Paul Evans -- multiple #1 New York Times best-selling author, and the list goes on! http://www.tradersnation.com/tn_news.shtml
We're Hiring! http://www.tradersnation.com/employment.shtml
Download Archive Information: http://www.tradersnation.com/store.shtml
Be a Guest: http://www.tradersnation.com/contact.shtml
Disclaimer: http://www.tradersnation.com/phei.shtml. 590,000 shares by Phantom Entertainment Inc.
The Traders Nation logo is available at: http://www.tradersnation.com/tn_logo_85x85.gif.
Contact:
Desert Son Media Corp., Phoenix
Kurt Schemers, 623-465-0844
or
Phantom Entertainment Inc.
Greg Koler, 206-447-1443
Source: Traders Nation
Form 10QSB for PHANTOM ENTERTAINMENT, INC.
21-Aug-2006
Quarterly Report
ITEM 2. Management's Discussion and Analysis or Plan of Operations
Some of the information in this Quarterly Report contains forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by forward-looking words such as "may," "will," "expect," "anticipate," "believe," "estimate" and "continue," or similar words. You should read statements that contain these words carefully because they:
· discuss our future expectations;
· contain projections of our future results of operations or of our financial condition; and
· state other "forward-looking" information.
We believe it is important to communicate our expectations. However, there may be events in the future that we are not able to accurately predict or over which we have no control. Our actual results and the timing of certain events could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including those set forth under "Risk Factors," "Business". See "Risk Factors."
Overview
We are developing and seeking to commercialize the Phantom Lapboard, a wireless, rotating custom keyboard/turntable with integrated mousepad . We have not yet generated any revenue from operations. Our ability to generate revenue in the future is dependent on our ability to successfully develop and commercialize the Phantom Lapboard. We still retain assets with respect to the Phantom Game Service and when various milestones for the manufacturing of the Phantom Lapboard are completed we may shift more of our focus to the Phantom Game Service. The Phantom Game Service is anticipated to be the first end-to-end, on-demand game service for delivery to the living room.
With adequate financing, we intend to launch the Phantom Lapboard in 2006 for sale directly through our Internet website. The Phantom Lapboard is designed with a pc gamer in mind, and is intended to transform the way gamers think about computer keyboards.
Some features of the Phantom Lapboard are: (1) a 360 degree rotating keyboard for left or right-handed users; (2) the first keyboard with a lap board for maximum comfort; (3) the first keyboard with mouse integrated 45 degree lift;
(4) wireless functionality from approximately 30 feet; (5) gaming and media optimized key layout; (6) customized gamer keys for the competitive edge, (7) extended spacebar and (8) intended to have maximum durability to keep up with significant game play.
The Phantom Lapboard's integrated mousepad provides a mousing surface anywhere the keyboard is used. This feature enhances the game experience by bringing the user's hands closer together. The Phantom Lapboard turntable feature enables the user to find their individual "comfort zone" and the turntable and key layout optimizes use by left-handed and right-handed users.
Plan of Operations
We have incurred recurring losses from operations since inception. Our loss from operations for the six months ended June 30, 2006 was $2,176,216. Our loss from operations for the year ended December 31, 2005 was $12,236,530. At June 30, 2006, we had a working capital deficit of $16,837,263 and accumulated deficit (losses from net income since inception) of $68,224,093. In their report on our audited financial statements for the year ended December 31, 2005, our independent auditors expressed substantial doubt about our ability to continue as a going concern.
Our activities to date have been funded by equity and debt investments. As of June 30, 2006, we had received approximately $9,591,099 in equity investments and $7,932,889 in debt and convertible debt financings.
PHANTOM ENTERTATNMENT INC. AND SUBSIDARY
(A DEVELOPMENT STAGE COMPANY)
Development costs for three months ended June 30, 2006, the three months ended June 30, 2005, the six months ended June 30, 2006, the six months ended June 30, 2005 and the period from December 9, 2002 (Inception) to June 30, 2006 were $47,735, $0, $130,682, $0 and $3,652,959, respectively:
At June 30, 2006, we were in default on payment of promissory notes with a principal amount of $2,737,852. Our outstanding debt for borrowed money has generally been provided on a short-term basis, bears interest at rates ranging from 8% to 17% and, in many cases, was accompanied by the grant of common stock or warrants to purchase common stock, which contributed to the costs of the financings.
As of June 30, 2006, the Company currently owes an aggregate of $845,000 to publishers pursuant to their agreements and, if we fail to pay these advances, these agreements may be terminated.
As of June 30, 2006, we have recorded an aggregate of $5,838,852 in debt discount, of which $5,782,271 was amortized as interest expense. In connection with financings aggregating $2.16 million in December 2004, we committed to pay penalties of 2% per month for each month after an agreed upon period (approximately three months) during which we fail to cause a resale registration statement covering the underlying shares to be declared effective by the Securities and Exchange Commission.
Liquidity and Capital Resources
We do not have sufficient cash to continue operations for the next 12 months and are in immediate need of additional capital to fund our plan of operation. Except as previously disclosed, we presently have no commitments for additional financing and may not be able to obtain such financing. To support our working capital needs pending receipt of sufficient financing, we are seeking to settle outstanding liabilities through issuance of equity, and anticipate continuing to grant common stock to fund payroll and certain other ongoing costs.
Unless and until we receive sufficient financing, we expect to continue to be forced to rely on issuances of common stock under similar arrangements in settlement of payroll and such other costs.
Issuances of equity will dilute existing stockholder's ownership and will have a depressive effect on our stock price, which will result in greater dilution for subsequent equity issuances and further downward pressure on our stock price.
If we are unable to obtain additional financing as and when needed, we will need to scale back and/or reprioritize our planned operations, our assets may be foreclosed upon by secured lenders and we may be forced to cease operations completely.
Our development activities have been and continue to be constrained by shortages in working capital. As a result, we have experienced delays in bringing our Phantom Game Service to market, which in turn has triggered the need for additional efforts to address changing design and engineering standards, as well as the need for renegotiation of arrangements with game content providers as existing arrangements lapse in advance of commercial launch. Due to the foregoing factors, in the fourth quarter of 2005, we restructured our business and our resources to focus predominantly on the Phantom Lapboard. Subject to obtaining sufficient financing, we anticipate focusing our efforts over the next 12 months on the following principal activities:
Completing Development of the Phantom Lapboard - The Phantom Lapboard was originally intended for retail launch in 2004 and its design was based upon that premise. Itron Technology, Inc. is presently providing services to build the Phantom Lapboard. We are currently in the prototype stage with a model that takes advantage of newer technology to ensure that the product is technically compelling and that we are able to have an adequate supply of components.
Completing Development of the Lapboard Distribution Network - Working with our partners, Integrated Network Cable of St. Louis, Missouri, to provide logistics, warehousing/distribution and fulfillment services to support the marketing of the Phantom Lapboard and ShowMeCables, the e-commerce marketing division of Integrated Network Cable, will provide its e-commerce shopping cart to support the marketing and sales of the Phantom Lapboard.
As a pre-cursor to the commercial launch of the Phantom Lapboard, we entered into a Product Development and Manufacturing Agreement with Itron Technology, Inc. In the event of the loss of Itron, it would require us to identify and contract with alternate sources of manufacturing, which we may be unable to do and which could prove time-consuming and expensive. The use of any third party manufacturer, entails investing in pre-manufacturing activities, including the purchase of tooling and components, as well as ancillary operations around the manufacturing and distribution of the Phantom Lapboard such as logistics, service and support.
PHANTOM ENTERTATNMENT INC. AND SUBSIDARY
(A DEVELOPMENT STAGE COMPANY)
The commercial launch of the Phantom Lapboard will require investment in marketing and sales activities. We expect to sell these units direct to consumer. We may also secure distribution agreements with retail partners as well as promoting consumer awareness of the Phantom Lapboard through typical marketing channels: advertising, public relations, and in-store promotions.
Critical Accounting Policies
The Company's discussion and analysis of its financial condition and results of operations are based on the Company's consolidated financial statements, which have been prepared in accordance with generally accepted accounting principles generally accepted in the United States. The preparation of these financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, sales and expenses, and related disclosure of contingent assets and liabilities. The Company re-evaluates its estimates on an on-going basis. The Company's estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may differ from these estimates under different assumptions or conditions.
The Company believes the following are its critical accounting policies which affect its more significant judgments and estimates used in the preparation of its consolidated financial statements:
Derivative Liabilities
Estimating gains and losses from derivatives. We believe our most critical accounting policies include the gain / loss recognition related to convertible debentures, which are convertible into the Company's stock at the option of the note holders. These derivatives require a periodic valuation of their fair value and a corresponding recognition of gain / loss and liabilities associated with such derivatives. The recognition of derivative liabilities related to the issuance of debt convertible into shares of common stock is applied first to the proceeds of such issuance, at the date of issuance, and the excess of derivative liabilities over the proceeds is recognized as a loss on derivatives in the accompanying consolidated financial statements. Any subsequent increase or decrease in the fair value of the derivative liabilities is recognized as a gain / loss on derivatives.
Accounting for these instruments requires a determination of all of the embedded derivatives. Certain instruments may become derivatives once a Company is unable to assert it has enough authorized shares to satisfy conversion of all outstanding debt, warrants, options and all other stock obligations. Once identified, an estimate is made for the number of shares each derivative would convert into as of the date of valuation. Theses shares are then valued using a Black-Scholes model based on the assumptions around volatility along with the current stock price, conversion price, interest rate, dividend rate, and term to maturity. Once valued the amount is compared to the prior period with "gains / losses on derivatives" and related liability recorded in the current period. While we believe that the systems and procedures used by the Company do provide a sound basis for our estimates, actual results will differ from management's estimates. The complexity of identifying and estimating derivative liabilities and corresponding gains / losses affects the amounts reported in our financial statements.
Recent Accounting Pronouncements
In December 2004, the FASB issued SFAS No. 123(R), "Share-Based Payment," which replaces SFAS No. 123 and supersedes APB Opinion No. 25. Under SFAS No. 123(R), companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share-based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. In March 2005 the SEC issued Staff Accounting Bulletin No. 107, or "SAB 107". SAB 107 expresses views of the staff regarding the interaction between SFAS No. 123(R) and certain SEC rules and regulations and provides the staff's views regarding the valuation of share-based payment arrangements for public companies. SFAS No. 123(R) permits public companies to adopt its requirements using one of two methods. On April 14, 2005, the SEC adopted a new rule amending the compliance dates for SFAS 123R. Companies may elect to apply this statement either prospectively, or on a modified version of retrospective application under which financial statements for prior periods are adjusted on a basis consistent with the pro forma disclosures required for those periods under SFAS 123. Effective January 1, 2006, the Company has fully adopted the provisions of SFAS No. 123R and related interpretations as provided by SAB 107. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the option grant. The Company applies this statement prospectively.
PHANTOM ENTERTATNMENT INC. AND SUBSIDARY
(A DEVELOPMENT STAGE COMPANY)
In May 2005, the FASB issued SFAS 154, Accounting Changes and Error Corrections. This Statement replaces APB Opinion No,. 20, Accounting Changes, and FASB Statement No. 3, Reporting Accounting Changes in Interim Financial Statements, and changes the requirements for the accounting for and reporting of a change in accounting principle. This Statement applies to all voluntary changes in accounting principle. It also applies to changes required by an accounting pronouncement in the unusual instance that the pronouncement does not include specific transition provisions. SFAS 154 also requires that a change in depreciation, amortization or depletion method for long-lived, nonfinancial assets be accounted for as a change in accounting estimate effected by a change in accounting principle. This Statement is effective in fiscal years beginning after December 15, 2005.
SFAS 155, "Accounting for Certain Hybrid Financial Instruments" and SFAS 156, "Accounting for Servicing of Financial Assets" were recently issued. SFAS 155 and 156 have no current applicability to the Company and have no effect on the financial statements.
i have been long on this stock for a very long time. have been though ceo,s at least one who was criminal to us stockholders. hopefully the new management team will take us to fruition!! pps did not react as i thougt it might yesterday . lol rick
I thought these guys were the next sliced bread for gaming...all I see on their website is a **yawn** lapboard.
The "Gaming Service" says The Phantom Game Service is anticipated to be the first end-to-end, on-demand game service...
It's been "anticipated" for years now. When will it actually fly?
Phantom(R) Entertainment Launches Online Store and New Website
Tuesday August 15, 8:00 am ET
SEATTLE, Aug. 15 /PRNewswire/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI - News), designer and developer of the Phantom® Lapboard, today launched its new website and online store to support the marketing and sales of the Phantom Lapboard and Phantom® Game Service. The website can be found at http://www.phantom.net.
In addition to the online store, corporate and product information features, the new website provides potential partners with the opportunity to learn more about partner programs that Phantom Entertainment is offering. Affiliates and resellers can register to be contacted by an account manager about partner program details.
"Our new, feature-rich site demonstrates Phantom Entertainment's commitment to be innovative with our products and services and to fulfilling our roles as an industry-leading global entertainment and interactive game company for an new era in generating revolutions in people's lifestyles," said Greg Koler, Phantom Entertainment's President and CEO.
Both the website and the online store have been designed to help launch the marketing and sales of the company's innovative Phantom Lapboard. The Company is offering consumers the opportunity to receive a $30 discount on orders received before September 30th through its online store. The Company will begin shipping the Phantom Lapboard in November.
The Phantom Lapboard is a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, programmable keys and a wireless high-performance 1200 dpi laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left- or right-handed users and inclines on a 22-degree angle with a hard surface below for the Phantom Laser Mouse. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications on PC and Apple Mac platforms.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing its first product, the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any other comfortable setting in the home or workplace. The Company is in the development of its flagship product the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact:
pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com .
Source: Phantom Entertainment, Inc.
website is good!!!should be good for pps today imo!!
news!!!!!!!!!!!!!new website!!! and finally a product!!!!
Phantom Entertainment Selects Integrated Network Cable for Logistics, Fulfillment and Shopping Cart Services
Monday August 7, 9:42 am ET
SEATTLE, Aug. 7 /PRNewswire-FirstCall/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI - News), designer and developer of the Phantom® Lapboard, has selected Integrated Network Cable of St. Louis, Missouri, to provide logistics, warehousing/distribution and fulfillment services to support the marketing of the Phantom Lapboard.
ShowMeCables, the e-commerce marketing division of Integrated Network Cable, will provide its e-commerce shopping cart to support the marketing and sales of the Phantom Lapboard. The Company will launch its online store on Tuesday, August 15, at http://www.phantom.net.
"Integrated Network Cable's expertise in implementing logistics and e-commerce support for consumers, resellers and partners will enhance the marketing and sales launch of the Phantom Lapboard," said Greg Koler, President and CEO of Phantom Entertainment, Inc.
"INC's ShowMeCables division will work closely with Touchwood, our web development firm in St. Louis, to create an online store that achieves product and brand awareness among a broad audience of video game, entertainment and electronics consumers," Koler noted.
"Our companies will provide Phantom Entertainment with a seamless e-commerce transition in launching its online store. We will provide flawless execution in delivering the Phantom Lapboard to consumers, resellers and partners," said John Lynch, CEO of Integrated Network Cable. "We are pleased to be a strategic partner in the marketing and sales launch of the Phantom Lapboard for Phantom Entertainment."
The Phantom Lapboard is a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, programmable keys and a wireless high-performance 1200 dpi laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left- or right-handed users and inclines on a 22-degree angle with a hard surface below for the Phantom Laser Mouse. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications on PC and Apple Mac platforms.
Integrated Network Cable is a St. Louis-based technology company that provides its customers with connectivity products, customer cabling, premise wiring as well as nationwide move add and change project management. Over the past four years, INC has expanded its core competencies to include an e-commerce strategy through ShowMeCables, a wholly owned division of INC. The Company is currently ranked as one of the fastest growing private companies in St. Louis by the St. Louis Business Journal. Its clients include Bank of America, Build-A-Bear Workshop, BP Amoco, Cisco, Dell and Hewlett-Packard. For more information, please visit http://www.showmecables.com.
About Touchwood
Touchwood provides turnkey sales and marketing communications solutions to a wide variety of clients via event planning and staging, print production, video presentations, interactive multimedia and web-based media. For more information, visit http://www.touchwood.net.
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing its first product the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any other comfortable setting in the home or workplace. The Company is in the development of its flagship product the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact:
pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Phantom Entertainment, Inc.
Phantom Entertainment to Display Phantom(R) Lapboard at European Games Convention
Thursday August 3, 9:22 am ET
SEATTLE, Aug. 3 /PRNewswire-FirstCall/ -- Phantom Entertainment, Inc. (OTC Bulletin Board: PHEI - News), designer and developer of the Phantom® Lapboard, today announced the Company will display its Phantom Lapboard in the Freaks 4U booth during the Games Convention (GC 2006), Thursday through Sunday, August 24-27, at the Leipzig Fair Exhibition Centre in Leipzig, Germany.
The Company will exhibit prototypes of the Phantom Lapboard produced by Itron Technology as a prelude to production line manufacturing scheduled to meet the Company's November shipping date.
"GC 2006 will provide the Phantom Lapboard a strong presence in the European marketplace," said Thomas Gunther, Freaks 4U's Director. "As a featured product in the Freaks 4U booth, the Phantom Lapboard will be showcased as a combination wireless keyboard, optical mouse and hard surface that delivers convenient and compelling home entertainment features."
"The Phantom Lapboard's featured presence at the Freaks 4U GC 2006 exhibit will introduce the Phantom Lapboard to the gaming market throughout Europe," noted Greg Koler, Phantom Entertainment's President and CEO. "We anticipate the exhibit will draw large numbers of avid and casual gamers interested in the lapboard's innovative design."
The Phantom Lapboard is a combination wireless keyboard, optical mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, programmable keys and a wireless optical laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left- or right-handed users and inclines on a 22-degree angle with a hard surface below for the Phantom Optical Mouse. The Lapboard provides USB and headphone/microphone ports. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications.
About GC 2006
The Games Convention (GC) is Europe's leading trade show for computer and video games. The event is expected to draw 150,000 visitors this year including 7,000 industry professionals. About 2,000 journalists from 28 countries are expected to report on this year's interactive entertainment at GC 2006. For more information, please visit http://www.gc-germany.de.
About Freaks 4U
Freaks 4U is a management, marketing and event agency focused on the professional PC game market. The organization manages the following labels: mousesports: http://www.mousesports.com, one of the best male teams competing worldwide in six different games; NGL one: http://www.ngl-europe.com, the European computer gaming championship; Gamesports: http://www.gamesports.de, the coverage medium for esport in IPTV, Internet Radio and written news; Catz: http://www.mycatz.net, one of the best female Counter-Strike teams worldwide; Waaagh!TV: http://www.waaaghtv.com, the broadcasting tool for Warcraft III; Inzzide: http://www.inzzide.de, Berlin's biggest LAN Party; JE-Computer: http://www.jecomputer.com, Berlin's biggest computer retailer; and LAN Media, http://www.lan-media.de, a media equipment rental service. For more information, please visit http://www.freaks4u.org, available in English and German.
About Phantom Entertainment
Phantom Entertainment is an industry leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing its first product, the Phantom Lapboard, a combination wireless keyboard, optical mouse and hard surface that enables users to work or play games from a couch, easy chair or any other comfortable setting in the home or workplace. The Company is in the development of its flagship product the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net.
PR contact:
pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Phantom Entertainment, Inc.
My understanding is people involved in this compnay, namley higer ups have been involved in stock scama in the past. Be very careful.
IFLB Infinium Labs Inks European Sales Agreement With Westex Europe NV
PR Newswire - June 21, 2006 8:02 AM (EDT)
Infinium Labs Takes First Step in Global Strategy
SEATTLE, June 21, 2006 /PRNewswire-FirstCall via COMTEX/ -- Infinium Labs, Inc., (OTC Bulletin Board: IFLB), designer and developer of the Phantom(R) Lapboard, today announced a sales agreement with Westex Europe NV to serve the E-commerce, retail and OEM industrial markets throughout Europe.
Westex Europe NV, a sales organization for high-technology products and solutions, will play a key role in the sales, marketing and distribution of the Phantom Lapboard, a wireless combination keyboard/mouse peripheral designed to enhance video game play on PCs. Westex Europe will target original equipment manufacturers (OEMs), value-added resellers (VARS), systems builders and E-commerce retailers in Europe.
"We think the Phantom Lapboard is a great offering for our customers," said Dirk Baerts, Westex Europe's Managing Director. "We're confident that our strong presence in the European marketplace combined with the Phantom Lapboard's potential customization as a wireless keyboard/mouse peripheral will penetrate our consumer markets with great success."
"The Phantom Lapboard wireless keyboard/mouse peripheral can be distributed as a stand-alone product or incorporated directly into third party technologies. We believe that our Lapboard can be customized to meet the exacting demands of diverse markets," said Greg Koler, Infinium Labs' President and CEO. "The end goal is to make the Phantom Lapboard a must-have peripheral."
The Phantom Lapboard is an innovative peripheral that enables players to control games designed for keyboard and mouse usage with as much agility as they are used to in the office, from the comfort of the couch or easy chair. The Lapboard rotates for left- and right-handed users and also inclines on a 30-degree angle with a hard surface below for the Phantom Mouse. The device is wireless and provides USB and headphone/microphone ports. The Phantom Lapboard interchangeable key-face technology is designed for game-specific and business software applications.
About Westex Europe NV
Westex focuses on introducing high-tech start-ups in Europe and helps build distribution channels to enable rapid entry to consumer markets. Westex establishes distribution channels for consumer products in each European country. The company's extensive experience in IT and game peripherals distribution, retail sales channels and (OEM) Original Equipment Manufacturers, helps establish a close match between consumer products and sales channels. Westex Europe BV provides services for gaming companies such as Zboard(TM) and MonsterGecko. Westex NV has helped companies such as Centrum Communications (now a 3com company), Gravis, Storm Technologies and Xircom Inc. (now an Intel company) get to market in Europe. For more information, please visit http://www.westexeurope.com.
About Infinium Labs
Infinium Labs (OTC Bulletin Board: IFLB) is the designer and manufacturer of the Phantom Lapboard. The Company is in development of The Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night. For more information, please visit http://www.phantom.net.
PR contact: pr@phantom.net
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE Infinium Labs, Inc.
Infinium Labs, Inc., pr@phantom.net
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
Phantom(R) Lapboard Online Store Will Launch August 15
Tuesday June 6, 8:00 am ET
Touchwood Selected for eCommerce Redesign of Phantom.net Website
SEATTLE, June 6 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) today announced the Company will launch its online merchant store on Tuesday, August 15 to support the marketing and sales of the Phantom® Lapboard on its website, http://www.phantom.net.
The Company has commissioned Touchwood, a solutions-oriented, technology- based strategic marketing communications firm based in St. Louis, to plan and implement major revisions to the design and content of the http://www.phantom.net website. The website revisions will incorporate direct marketing capabilities including an online merchant store to support business to consumer and business to business transactions with credit card banking services.
"Touchwood's expertise in implementing eCommerce support for consumers, resellers and partners is a perfect match for the marketing and sales launch of the Phantom Lapboard," said Greg Koler, President and CEO of Infinium Labs.
"Touchwood will also assist in developing a series of interactive marketing initiatives to create product and brand awareness among a broad demographic audience of video game, entertainment and electronics consumers," Koler noted.
"Touchwood was selected because of the agency's experience with large- scale eCommerce websites and interactive media," Koler commented. "Touchwood will also develop and produce interactive marketing collateral to ensure the Phantom Lapboard brand continuity on the Internet."
"Our entire staff is excited about this opportunity to support the interactive marketing and sales launch of the Phantom Lapboard," said Kelly White, Managing Partner of Touchwood, Inc. "Touchwood will deliver a progressive design style to suit the image of the new Phantom Lapboard and we will deliver a total eCommerce architecture for online shopping, secured payment gateways, fulfillment and processing.
"The new site will support both consumer and reseller channels with automated integration with the logistics, warehousing/distribution, customer relations management and fulfillment services for the marketing and sales of the Phantom Lapboard in the US and European markets," White said.
About Touchwood
Touchwood provides turnkey sales and marketing communications solutions to a wide variety of clients via event planning and staging, print production, video presentations, interactive multimedia and web-based media. For more information, visit http://www.touchwood.net.
About Infinium Labs
Infinium Labs (OTC Bulleting Board: IFLB) is the designer and manufacturer of the Phantom Lapboard. The Company is in development of The Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles,
available anytime, day or night. For more information, please visit http://www.phantom.net.
PR contact:
pr@phantom.net
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, ability to secure additional financing, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Infinium Labs, Inc.
Infinium Labs Provides Operations Update
Wednesday May 31, 8:34 am ET
SEATTLE, May 31 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) today provided an operations update.
"We are on a fast pace crossing over the threshold of manufacturing and marketing our first product, the Phantom Lapboard," noted Greg Koler, Infinium Labs' President and CEO. "Everything is on schedule for first arrivals of the Phantom Lapboard this October in the US market."
The Company is moving forward with Itron Technology Inc., a worldwide leading manufacturer and marketer of input devices such as keyboards and mice, to manufacture the Phantom® Lapboard, a combination keyboard/mouse peripheral designed to enhance video game play on PCs. The Company will evaluate prototypes in June and July and plans to proceed with manufacturing production in September to meet its October shipping date.
The Company is nearing agreements with worldwide companies to handle the logistics, warehousing/distribution, customer relations management and fulfillment services to support the marketing of the Phantom Lapboard in the US and European markets.
The Company is planning major revisions to the design and content of its website to incorporate direct marketing capabilities including an online merchant store to support business to consumer and business to business transactions with credit card banking services. The Company is reviewing marketing agency proposals to support interactive online marketing programs and expects to make agency selections in June.
The Company is moving forward in development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. The Company is engaged in discussions to license the Phantom Game Service technology to well-established manufacturers of PCs and digital home entertainment centers.
About Infinium Labs
Infinium Labs (OTC Bulletin Board: IFLB - News) is the designer and manufacturer of the Phantom Lapboard. The Company is in development of the Phantom Game Service. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night. For more information, please visit http://www.phantom.net.
PR contact
pr@phantom.net
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, ability to secure additional financing, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
Source: Infinium Labs, Inc.
Shocking news about GGI:
http://www.investorshub.com/boards/read_msg.asp?Message_id=11417194
Infinium Labs Signs Itron Technology Inc. to Manufacture the Phantom(R) Lapboard
via COMTEX
Apr 19, 2006 8:02:10 AM
SEATTLE, April 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Infinium Labs, Inc. (OTC Bulletin Board: IFLB) has entered into an agreement with Itron Technology Inc., a worldwide leading manufacturer and marketer of input devices such as keyboards and mice, to manufacture the Phantom(R) Lapboard, a combination keyboard/mouse peripheral designed to enhance video game play on PCs.
"We have selected Itron Technology to manufacture the Phantom Lapboard for distribution in North America and Europe under terms to ship no later than October in time for the holiday shopping season," stated Greg Koler, Infinium Labs' CEO and President. "Itron's strengths as an OEM/ODM manufacturer of keyboards, mice, joysticks and other input devices made it a clear choice for Infinium Labs to meet its 2006 marketing goals."
Itron supplies high-quality products around the world from its factory located in Dongguan, China.
The Phantom Lapboard is an extremely innovative peripheral that enables players to control games designed for keyboard and mouse usage with as much agility as they are used to in the office, from the comfort of the couch or easy chair. The Lapboard rotates for left- and right-handed users and also inclines on a 30-degree angle with a hard surface below for the Phantom Mouse. The device comes either wired or wireless and provides USB ports and headphone/microphone ports.
About Itron Technology
Founded in 1984, as a professional designer and manufacturer of computer input devices, Itron Technology Inc. manufactures and distributes products such as keyboards, mice and trackball devices under its own brand (ione) and provides OEM/ODM services to world-leading designers, manufacturers and retailers. Itron's products with creative design, demanding QC and competitive price have been earning countless praises. Itron efficiently supplies high- quality products around the world from factories located in Dongguan in Mainland China. Itron distributes products in Europe, North America, Japan and Mainland China. The company employs more than 2000 people worldwide. For more information, please visit http://www.ione.com.tw and Itron's Global Marketing Program at http://www.itron-europe.com/english/gmarketing.php.
About Infinium Labs
Infinium Labs (OTC Bulletin Board: IFLB) is in development of The Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night. For more information, please visit http://www.phantom.net.
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, ability to secure additional financing, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE Infinium Labs
Infinium Labs, pr@phantom.net http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
Infinium Labs Announces Update on the Filing of Its 2005 Annual Report on Form 10-KSB
Monday April 17, 5:46 pm ET
SEATTLE, April 17 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) today announced that it will miss the extended deadline of April 17, 2006 for the filing of its 2005 Annual Report on Form 10-KSB with the U.S. Securities and Exchange Commission (SEC). As was previously reported in the notice filed by Infinium Labs with the SEC on March 31, 2006, the filing of the 2005 Annual Report has been delayed due to an ongoing audit of the Company's 2005 fiscal year.
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"We expect the Company's 2005 audit will be completed and our 2005 Annual Report on Form 10-KSB will be filed within the next 30 days," stated Greg Koler, Infinium Labs' CEO and President.
The delay in filing of Infinium Labs' Annual Report for 2005 may cause the NASDAQ Capital Market to adjust Infinium Labs' trading symbol from "IFLB" to "IFLBE" to signify that the delayed filing has caused Infinium Labs to be added to the list of companies that are not in compliance with the continued listing requirements of the NASDAQ Capital Market.
About Infinium Labs
Infinium Labs (OTC Bulletin Board: IFLB - News) is in development of The Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night. For more information, please visit http://www.phantom.net.
PR contact:
pr@phantom.net
Come on Guys! File your docs on-time.
this might explain why IFLB has been down. it got off the REG SHO list today. imho it's only up from here.
http://www.buyins.net/tools/short_list.php?dys=-1
okay, now after a few weeks it's looking a bit better for IFLB, imho. anyone else care to discuss it?
this stock is now on my avoid list with that s-8. i was considerin buyin some, thought it looked like it was about to move
Yes, indeed... people must now be finding out...GLTY
IFLB S-8 30,000,000 shares 3/17/06
http://www.pinksheets.com/quote/filings.jsp?symbol=iflb
IFLB hanging around new major support, that was previous major resistance
And we should rename the newly merged LAME & LIME INC. loooool
if IFLB and GZFX (www.gameznflix.com) merge, this Company would be a powerhouse !!! TEAM is better then no TEAM
I strongly believe that Infinium labs will take the PS3's lime light they left for 2006 system releases. There's someone telling me that it will be bigger than xbox, for the pure default on game delivery interface. People in todays world are lazy, and unless xbox 360's online service starts to offer full game downloads and/or rentals, Infinium labs will prove to be the video gamer's premier choice. They have just updated the system again, to catch up with technology. They will be releasing the system this year, as they have recieved $5 million to begin production... Average price of assembly is probably around $100 after wholesalers advantage comes into play. Thats 50,000 units that can be released, priced at a competitive $399 will return an estimated total of $19,950,000. Investors know this and thats why they got the funding for manufacturing the units. The video game industry is based on the most bang for the buck, and with all the disaster surrounding blockbusters recent downfall, online gaming rentals via high speed internet connection downloads will prevail. Consider this the "telecommuter" revolution of the video game industry, and you are lucky enough to know about it before everyone else.
STRONG BUY IFLB
STRONGER BUY GNBT
Bucks, this board is not very active. I like RB better.
IFLB didn't authorize the www.lapboard.net domain
its owned by schlund+Partners
java its not IFLB and Raging Bull who is owned by the MM's wont ALLOW me to POST it....see if you can..
bucks
Interesting find Bucks. They must plan to market over in Switzerland first. We'll see. PS - great rules on this forum, thanks for the tip.
Interesting that the company registered a new domain www.lapboard.net which points to the www.phantom.net website. Traceroute shows that the server is being hosted in SWITZERLAND…
WHOIS information for lapboard.net:
[whois.schlund.info]
% The data in the WHOIS database of Schlund+Partner AG is provided by
% Schlund+Partner for information purposes, and to assist persons in
% obtaining information about or related to a domain name registration
% record. Schlund+Partner does not guarantee its accuracy. By submitting
% a WHOIS query, you agree that you will use this data only for lawful
% purposes and that, under no circumstances, you will use this data to
% (1) allow, enable, or otherwise support the transmission by e-mail,
% telephone, or facsimile of mass, unsolicited, commercial advertising
% or solicitations to entities other than the data recipient's own
% existing customers; or
% (2) enable high volume, automated, electronic processes that send queries
% or data to the systems of any Registry Operator or ICANN-Accredited
% registrar, except as reasonably necessary to register domain names or
% modify existing registrations.
% Schlund+Partner reserves the right to modify these terms at any time.
% By submitting this query, you agree to abide by this policy.
domain: lapboard.net
created: 31-Jan-2006
last-changed: 02-Feb-2006
registration-expiration: 31-Jan-2007
nserver: ns29.1and1.com 217.160.224.2
nserver: ns30.1and1.com 217.160.228.2
status: CLIENT-TRANSFER-PROHIBITED
registrant-firstname: Oneandone
registrant-lastname: Private Registration
registrant-organization: 1&1 Internet, Inc. - http://1and1.com/contact
registrant-street1: 701 Lee Road, Suite 300
registrant-street2: ATTN: lapboard.net
registrant-pcode: 19087
registrant-state: PA
registrant-city: Chesterbrook
registrant-ccode: US
registrant-phone: +1.8772064254
registrant-email: proxy151487@1and1-private-registration.com
admin-c-firstname: Oneandone
admin-c-lastname: Private Registration
admin-c-organization: 1&1 Internet, Inc. - http://1and1.com/contact
admin-c-street1: 701 Lee Road, Suite 300
admin-c-street2: ATTN: lapboard.net
admin-c-pcode: 19087
admin-c-state: PA
admin-c-city: Chesterbrook
admin-c-ccode: US
admin-c-phone: +1.8772064254
admin-c-email: proxy151487@1and1-private-registration.com
tech-c-firstname: Oneandone
tech-c-lastname: Private Registration
tech-c-organization: 1&1 Internet, Inc. - http://1and1.com/contact
tech-c-street1: 701 Lee Road, Suite 300
tech-c-street2: ATTN: lapboard.net
tech-c-pcode: 19087
tech-c-state: PA
tech-c-city: Chesterbrook
tech-c-ccode: US
tech-c-phone: +1.8772064254
tech-c-email: proxy151487@1and1-private-registration.com
bill-c-firstname: Oneandone
bill-c-lastname: Private Registration
bill-c-organization: 1&1 Internet, Inc. - http://1and1.com/contact
bill-c-street1: 701 Lee Road, Suite 300
bill-c-street2: ATTN: lapboard.net
bill-c-pcode: 19087
bill-c-state: PA
bill-c-city: Chesterbrook
bill-c-ccode: US
bill-c-phone: +1.8772064254
bill-c-email: proxy151487@1and1-private-registration.com
% See http://registrar.schlund.info for information about Schlund+Partner AG
New Domain name which company just registered: www.lapboard.net
Microsoft Windows XP [Version 5.1.2600]
(C) Copyright 1985-2001 Microsoft Corp.
C:\Documents and Settings\ >tracert www.lapboard.net
Tracing route to www.lapboard.net [82.165.205.93]
over a maximum of 30 hops:
1 1 ms 1 ms 1 ms
2 9 ms 14 ms 7 ms
3 7 ms 7 ms 7 ms
4 8 ms 6 ms 7 ms
5 10 ms 11 ms 9 ms
6 8 ms 7 ms 7 ms
7 8 ms 7 ms 8 ms
8 13 ms 7 ms 11 ms
9 9 ms 7 ms 7 ms
10 14 ms 16 ms 20 ms
11 30 ms 31 ms 26 ms gbr2-p10.ormfl.ip.att.net [12.123.32.182]
12 28 ms 26 ms 30 ms tbr1-cl1474.attga.ip.att.net [12.122.12.121]
13 26 ms 24 ms 25 ms ggr1-p360.attga.ip.att.net [12.123.20.249]
14 47 ms 38 ms 41 ms atl-bb1-pos0-3-3.telia.net [213.248.90.73]
15 39 ms 42 ms 37 ms ash-bb1-pos7-1-0-0.telia.net [213.248.80.141]
16 47 ms 47 ms 49 ms nyk-bb2-pos0-3-0.telia.net [213.248.80.137]
17 46 ms 47 ms 49 ms nyk-b2-pos0-0-0.telia.net [213.248.80.82]
18 45 ms 45 ms 46 ms nyk-i3-link.telia.net [213.248.82.142]
19 81 ms 76 ms 74 ms schlund-100973-nyk-i3.c.telia.net [213.248.83.26
]
20 85 ms 81 ms 82 ms a0nycc2.gw-core-a.whn.schlund.net [217.160.229.1
06]
21 83 ms 88 ms 80 ms 82.165.205.93
Trace complete.
MMs are playing ping-pong and making money. Most of the volume belongs to people who are trying to take their loss and bail out.
could we say Naked shorters covering? cause IFLB.ob was on the list of naked short 3 days ago.
From www.buyins.net
Listed 3 Consecutive Market Days. On List as of 01/23/2006 Through 01/25/2006
Anyone have a reasonable explanation for
the insane amount of volume posting frequently after the close? I left my L2 screen up and when I came back, it's still going!
Awful quiet around considering the day's volume...
Dream ON. This will be their third launch? You may see some gains today, then say bye-bye to your money. In my experienced opinion! lololol phantom launch heheehe
Infinium to Launch Phantom Lapboard
SEATTLE, Washington, December 28 /PRNewswire-FirstCall/ -- CEO and President of Infinium Labs Inc. (OTC Bulletin Board: IFLB - News) Greg Koler has announced Infinium Labs will be launching the Phantom Lapboard in Q-2 of 2006.
The Lapboard is a bespoke wireless keyboard and mouse designed specifically for PC Gamers. Amongst the features it boasts are a 360-degree rotating keyboard for either left or right-handed players, under the keyboard is the lapboard for the mouse that allows gamers to play from their armchairs - within a 30 foot radius of their PC. This layout allows users to keep both hands closer together when using the mouse and keyboard. Optimised for gaming and media access the Lapboard has full size keys, extended space bar and an inverted 'T' for both left and right-handed players to navigate through games. The Lapboard will have U.S. and international compliance for distribution in Europe and Asia.
'Where consoles have always scored over the PC games has been in the physical interface the user has with the game. Our Lapboard changes all that. PC Gamers can get a premium peripheral that enhances the gaming experience considerably. It's also the perfect stepping stone and bridges the subsequent launch of the full service further down the line. The required $ USD 2 million round of funding for the Phantom Lapboard is a necessary step to deliver our vision for our products and services quickly into the market, positioned for both consumer and OEM segments, and book revenues by June 2006.' said Greg Koler
Whilst final pricing has yet to be set for the Phantom Lapboard, Infinium Labs will launch the product through direct over the internet strategic e-commerce sites with viral marketing, advertising campaigns and trade events to support the new Lapboard.
About Infinium Labs
If you happen to have to much time on your hands...Annual 10ksb/a
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3847946
and 10qsb/a
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3847982
I haven't bothered to go through thme yet..
masta
Absolutely not. No run. The company is dead.
I have been burnt by IFLB many times in the past,short and long term. History repeats itself, in my opinion, this company will never deliver. Do not repeat my mistakes, the only run should be us running away from IFLB.
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