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Interplay ended 2008 with no money

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GI's dragged through an SEC filing to discover that Interplay finished 2008 with zero funds.

The firm ended last year with a cash balance of $0 and a deficit of approximately $2.4 million.

The publisher is actively seeking financing or income, without which it will be forced to liquidate assets, sell the company or face bankruptcy.

"We continue to seek external sources of funding," Interplay said, "including but not limited to, incurring debt, the selling of assets or securities, licensing of certain product rights in selected territories, selected distribution agreements, and/or other strategic transactions sufficient to provide short-term funding, and achieve our long-term strategic objectives."

More through there.

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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