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Tuesday, 11/15/2005 4:24:25 AM

Tuesday, November 15, 2005 4:24:25 AM

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Investigative Reports
Infinium Labs, Inc. - Not All Is Wells
11/3/05 Infinium Labs, Inc. (OTCBB: IFLB) has its share of problems. The SEC is threatening to file charges against the Company's Chairman for his role in a "pump and dump" scheme that involved Infinium shares. And now Infinium reports that it underestimated its potential liability for delinquent payroll obligations and taxes by as much as $1.2 million. Could investors be wondering whether this Company will be around long enough to bring its long-delayed "Phantom Gaming System" to market?



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