With idiotic ideas like this no wonder Interplay almost went belly upNot sure what you mean about "almost". Interplay is quite belly up at the moment, floating dead in the water. It's just a tad too early for this particular deceased fish to start smelling profusely yet, is about the size of it...:) This reminds me of the proverbial General who unfortunately isn't aware that the war is over, and who fights on, oblivious.
This kind of "press release" serves two functions. It informs potential buyers for Interplay's remaining IP not to expect bankruptcy, fire-sale prices-- at least just yet, anyway, the idea being, "So if you want this stuff you might as well ante up and pay our price, otherwise no telling when you might get it." It also serves as a "sucker lure" to dangle in front of existing creditors and other investors to make them feel better about risking even more capital with the company so as to hopefully recoup the money they're owed by Interplay presently but stand to lose in full in case of an Interplay bankruptcy. Such people will have to decide whether to cut and run and take their losses, or whether to take the bait and pour more money into the black hole and hope for a miracle...;) Oddly enough, sometimes the choice is not as easy for them as might be believed. A lot depends on the degree and type of their present exposure with Interplay, from a variety of aspects.
My thought is that if Interplay's "answer" to the situation for present creditors and investors is:
"Eureka! We have the answer, and it's to throw more of your money at an MMORPG! Gosh, if only we'd thought of this four years ago...man, wish we had! What a coincidence that just when we need a great idea--wham!--we get one, and just in the nick of time, too! Please make you checks payable to...," then obviously it's not going to accomplish anything, except possibly with a group of fuzzy investors who don't know what an "MMORPG" is, but who are dimly aware that the acronym is supposed to represent something positive in relation to the prospects of game publishing and development companies--but I doubt it will serve to convince even them (investors capable of understanding computer technology only through symbolic acronyms), at this stage.
Last, such a press release serves to mitigate the liability, at least theoretcially, of the corporation in terms of "maximizing Interplay shareholder value" in the event the business is officially declared dead and then buried. The corporate officers must at least attempt to "maximize Interplay shareholder value," in the event the company fails, so as to minimize the actual loss to investors. As I said earlier, in this situation this is investor-directed code for: "If you want to get your Interplay stock money back, the only way to do that is to give us more of it so that we can execute our MMORPG plan, or you can say 'hasta la vista, baby'--to your Interplay investment dollars as it's lights out--curtains--for good, without your further investment!"
I doubt it will work, but I think we'll know shortly.
It is well known that I cannot err--and so, if you should happen across an error in anything I have written you can be absolutely sure that *I* did not write it!...;)