By using this site, you agree to our Privacy Policy and our Terms of Use. Close
shams said:
I can't understand how a developer can rack up such big losses in a few years. They shouldn't do projects unless funded by publishers - or self publish. Doing anything else, is a recipe for failure.

Sure, if you can't get projects signed... but these guys had big IP titles released, with more on the way.

What are you talking about?  2.5 mil in liabilities is nothing in today's times.  their rent & staff salaries alone were probably several million a month.  just looks like they couldn't debt finance their way out of their low cash