Warthog still around as it seeks acquisition


Star Trek: Invasion

Venerable UK game developers Warthog, who many of you have heard about thanks to their past acquisition by the infamous crooks behind Gizmondo, are still alive and kicking, and seeking to be acquired by someone, anyone. Currently, the company is maintaining their AIM market listing, incurring losses quarterly while it actively looks for someone to come in and swoop them up, but probably not for the price they went to Gizmondo for.

Read more: Warthog losing money as it seeks acquisition | Warthog entry @ Wikipedia

December 29th in Games, Gizmondo, Industry, Warthog | Email this | Comment
Eriksson suit ends in mistrial, white collar crime ftw


Gizmondo

Ex-Gizmondo con-man Bo Stefan Eriksson’s embezzlement trial has ended in a mistrial a few days ago in Los Angeles county. The jury was hung, voting 10 to 2 for conviction, which leads me to question, who were the 2 who could possibly acquit a member of the Swedish mafia who admittedly brought two Ferrari’s to the U.S. after he stopped paying for both after the breakup of his scam? The LA DA’s office have already stated they will re-try and Eriksson is still being held in LA County jail on immigration orders from the federal government. For those unfamiliar with the story of the Gizmondo console and how big of a monster fraud it was, checkout Wired Magazine’s brilliant and in-depth look into the Gizmondo scam and it’s subsequent breakup.

Read more: Eriksson process ends in mistrial

November 4th in Gizmondo, Industry News, Legal | Email this | Comment