Interplay Eviction? - Blue's News Comments

Interplay Eviction?
[Apr 15, 2004, 10:59 pm ET] – Share – Viewing Comments

Interplay facing eviction? on GameSpot picks through an 8-K form filed by Interplay for details like the publisher's "disparity between its cash balance of $1.2 million and working-capital deficit of $14.8 million," and that "As of April 1, 2004, the Company [Interplay] was three months in arrears on the rent obligations for its corporate lease in Irvine, California." This three months worth of rent is to the tune of $450,000. The story goes on to report:

"On April 9, 2004, the Company's lessor served it with a Three-Day Notice to Pay Rent or Surrender Possession," continued the 8-K filing. "If the Company is unable to pay its rent, it may lose its office space, which would interrupt operations and cause substantial harm to business."...

Given that it has been three days since April 9, the eviction matter should have already been settled one way or the other. However, calls and e-mails to Interplay were not returned.

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60.

Re: Interplay
Apr 16, 2004, 21:23

Parallax Abstraction

60.

Re: Interplay Apr 16, 2004, 21:23

Apr 16, 2004, 21:23

Parallax Abstraction

Yeah, I definitely wouldn't argue with that either. Problem is it won't be the original developers doing it any more. They got bought by THQ.