Some budding capitalists have gone and sunk millions into...wait for it...Phantom, the company formerly known, and loved, as Infinium Labs, "creators" of the Phantom.
FOR THE LOVE OF GOD STOP GIVING THEM MONEY.
The genius behind this move, Managing Director of Chicago Venture Partners' John Fife:
I am excited about the opportunity to work with Phantom Entertainment and to be a financing resource to help the Company move forward with manufacturing the Phantom Wireless Lapboard. I intend to consider additional infusions of capital to Phantom Entertainment as the company meets its manufacturing and revenue goals.
You do that, John. And while you're at it, I've got this foolproof plan to put a gorilla, a stripper and a Dreamcast on Mars. Thing is, it needs $132,000,000 in "infusions of capital" to get it off the ground. Just wire the cash to Kotaku's Swiss bank account, we'll talk later.
Financing for Manufacturing and Marketing of the Phantom Wireless Lapboard [Yahoo! Finance]
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