Interplay finally files belated 10-K

Capelworth said:
July 3, 2001
Interplay stock closes at $2.20/share.
...
September 28, 2001
Interplay stock closes at $0.42/share.
In less than 3 months? :shock:
That's good management there fellas... :twisted:
 
Big_T_UK said:
Capelworth said:
July 3, 2001
Interplay stock closes at $2.20/share.
...
September 28, 2001
Interplay stock closes at $0.42/share.
In less than 3 months? :shock:
That's good management there fellas... :twisted:


Ehm... But that was BEFORE Fargo resigned?! :scratch:

Seems like we got it all wrong, fellas... Brian is the one who ran IPLY into the ground!
 
Big_T_UK said:
Capelworth said:
July 3, 2001
Interplay stock closes at $2.20/share.
...
September 28, 2001
Interplay stock closes at $0.42/share.
In less than 3 months? :shock:
That's good management there fellas... :twisted:

Well, the market in general tanked during that time, and Sept 11 happened too, so not all of it is Caen's fault. Just most of it

And thanks Capelworth, your list lays things out nicely. I vote Capelworth for IPLY CEO.


EDIT: And does anyone else find it ironic that the replacement of the board of directors occured on Sept 11? :wink:
 
Jebus said:
Ehm... But that was BEFORE Fargo resigned?! :scratch:

Seems like we got it all wrong, fellas... Brian is the one who ran IPLY into the ground!
True, but half of it was after Titus took over, and some after they'd replaced 5 of the board members.
 
Briosafreak said:
The remaining employees, some of them members here at NMA, are quite worried about the future
http://www.gamertalk.biz/viewtopic.php?t=1336&postdays=0&postorder=asc&start=45

Dude they've been sent home with the notice that Interplay is unable to pay them. Duh they're worried

Brios said:
The word is spreading, it doesn`t look good for Interplay
http://www.gamesindustry.biz/content_page.php?section_name=pub&aid=3373

Saw that one on RB too. Nothing new, tho'

PS: Interplay filed a 10-K/A about shareholding amongst employees. Nothing too amazing, from what I skimmed over. http://biz.yahoo.com/e/040429/iplye.ob10-k_a.html
 
Jebus said:
Ehm... But that was BEFORE Fargo resigned?! :scratch:

Seems like we got it all wrong, fellas... Brian is the one who ran IPLY into the ground!
Keep in mind that those prices were from before and after a hostile takeover by the Caens as well. After Mr. Fargo built Interplay from a small developer to a fairly large publisher, the company began to struggle. From roughly the time that the company went public, neither Mr. Fargo nor Mr. Caen appears to have been able to manage it very effectively.

The company hasn't made money on its core business--making and selling games--in years. At the beginning of last year, I thought that might change in 2003 if Titus was able to avoid bankruptcy in June (which it did) and avoid dipping into Interplay's coffers (which it didn't). Then the Jefferson, Van Buren, Airborne, and Galleon debacles wasted millions that Interplay couldn't afford to lose.

Of course, hindsight is always 20/20. :wink:
 
From forms 10k/A and 4 filled

Titus bought back the 8679306 shares on an auction at $0.0049 for $43,000 and Hervé Caen bought them back to titus at $0.052


Common Stock 4/17/2004 S 8679306 A $0.0049 58426293 I (1) By Titus Interactive SA ("Titus")

Remarks:
Since September 2002, Titus Interactive SA has been involved in a litigation before the Orange County Superior court with a former officer and director of Interplay Entertainment Corp, Richard S.F. Lehrberg. By order of the court, Titus Interactive SA had deposited 8,679,306 shares of Interplay Entertainment Corp stock (representing approximately 9% of Interplay Entertainment Corp issued and outstanding common stock) with the court.
Following unsuccessful discussions between Titus Interactive SA and Lehrberg to resolve this issue, Lehrberg conducted a public auction and credit bid a portion of his judgment for $43,000 for a total of 8,679,306 shares of common stock of Interplay Entertainment Corp represented by three stock certificates LU 0318, LU 0631 and LU 0549.
 
Odin said:
Wow, that's a good list Capelworth! You can clearly see how it all falls downhill, going from $2.20 share in July 2001 and ending up at $0.08 (I believe the lowest was)...in 2004....

The lowest was four cents, back this time last year.

EDIT: The best part of that is them losing the rights to distribute BG:DA2 because of lack of funding.. If they hadn't pissed away the BG3 rights in order to extend the BG:DA licence, they would have had BG3 on shelves generating money for the last 6-8 months or so AND been able to distribute BG:DA2 with the money generated from BG3.. So, in short..

HAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHHA! YOU'RE A DUMB FUCK, MOLITOR!
 
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