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Interplay planning major revival spree?
Posted on Saturday, 13 February 2010 by Speed, source: DuckandCover
We're going to see a revival MDK, Earthworm Jim, Dark Alliance and Descent? Seems so!
Duck and Cover has found out through an Interplay SEC filing that there's been a massive move of shares from the company towards a certain Frederic Chesnais and his company... MicroProse.
On their forums, an Interplay investor explained that the share moves were part of a deal where Interplay would receive money from Frederic Chesnais as funding for four new games:
Duck and Cover has found out through an Interplay SEC filing that there's been a massive move of shares from the company towards a certain Frederic Chesnais and his company... MicroProse.
On their forums, an Interplay investor explained that the share moves were part of a deal where Interplay would receive money from Frederic Chesnais as funding for four new games:
there are a little over 100 million shares of Interplay out there. The fact that Fredrick Chesnais is buying more shares of Interplay and will soon own 10% or so of Interplay which is very good news for stockholders. Fredrick, through I2G, agreed to fund 4 of Interplay's games through his company. He was granted shares for this and options to purchase more shares, and he gave Interplay some worthless IP, submarine something or another, as part of the deal. Basically, the stock deal and options for Fredrick are a reward for getting 4 new Interplay games funded (this isn't confirmed yet, but this stock purchase makes it very, very likely that everything worked out, otherwise Fredrick would not have bought more shares). the games are Descent, Earthworm Jim, Dark Alliance, and MDK (I think MDK, don't remember on that one).
Although unconfirmed, it sure does sound like Interplay is planning to come back into the gaming business with a bang.In other news:




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