I'm a survivor of Silicon Valley. I've seen things like this before (RealPC, anyone?). I know that VCs are smarter than that nowadays, especially after dot.Bomb. There is no possible way Infinium could have $25 mil with credentials like that. Personally, I believe Mr. Roberts to be a complete fraud, luring unsuspecting venture capitalists with tales of El Dorado, squandering their money on himself ("$3 million dollar house"), and hiding behind bankruptcy when the kitchen gets too hot (past business record). People like this actually flourished.
3 and a half years ago.
That was the most unbiased news article I've come across in any form of media in 20 years. All research was listed and quoted. There wasn't even an attempt at spin, and even the last part was presented as opinion (certainly a valid opinion considering the findings). What I got from the article were documented, published facts and a vague feeling of disappointment from the author. Not much else.
If HardOC reported normal, everyday news like that, they'd utterly destroy CNN, NBC, ABC, CBS, CNBC, MSNBC, CIAtv, and all the other alphabet networks. Nobody needs, or wants, drama in their news.