We decided to email Luke Haase, Interplay's investor relations, about the current situation that IPLY is in and also the situation for the "employees" of IPLY, which are basicly kept in the dark about this whole situation. And he replied the following:<blockquote>Management is working around-the-clock to solve first the short-term cash issues (back rent, employee payroll, new offices, etc), then the longer-term financing for company survival and growth. There are several options being pursued, some looking much more promising than others, but no specific timeline as yet.
Because Interplay remains a public company, we continue to operate under strict communications guidelines. As much as management wants to communicate more to the media, inquiring shareholders and others, any news we share with one party must be made public, and must not jeopardize any current negotiations. And I do hope that Interplay employees know that they are the first priority in terms of communications. As I understand it, given the very difficult situation at the company right now, the Human Resources Department has done a pretty good job of keeping folks informed.
I wish I could tell you specifics about what management is working on and when they will have announcements, but I am unable to do so for several reasons...legal, financial, and the fact that in many cases I am not privy to the specifics.
We are all hopeful about the future, even though the recent past has been incredibly challenging. I suppose two more encouraging points would be that the Chairman of the company has more at stake financially than anyone else here, and once/if the company gets beyond these short-term issues, the balance sheet of Interplay will likely be much stronger.</blockquote>Actually it doesn't strike me like HR has done such a good job, when alot of them contact us about what's going on...
Because Interplay remains a public company, we continue to operate under strict communications guidelines. As much as management wants to communicate more to the media, inquiring shareholders and others, any news we share with one party must be made public, and must not jeopardize any current negotiations. And I do hope that Interplay employees know that they are the first priority in terms of communications. As I understand it, given the very difficult situation at the company right now, the Human Resources Department has done a pretty good job of keeping folks informed.
I wish I could tell you specifics about what management is working on and when they will have announcements, but I am unable to do so for several reasons...legal, financial, and the fact that in many cases I am not privy to the specifics.
We are all hopeful about the future, even though the recent past has been incredibly challenging. I suppose two more encouraging points would be that the Chairman of the company has more at stake financially than anyone else here, and once/if the company gets beyond these short-term issues, the balance sheet of Interplay will likely be much stronger.</blockquote>Actually it doesn't strike me like HR has done such a good job, when alot of them contact us about what's going on...
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