38 Studios execs admit game sales fell short; hint at investors

By Ted Nesi

WILMINGTON, Del. (WPRI) – Executives from 38 Studios acknowledged Tuesday sales of its debut game failed to live up to their expectations, as they answered questions about the bankrupt company under oath while meeting with its creditors in a Delaware courthouse.

Thomas echoed Schilling by blaming Chafee – without referencing him by name – for scaring off potential investors in China and South Korea when he said in May the company could be insolvent. He also discussed other investors who were apparently waiting in the wings just before the company collapsed.

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  • Ed

    Curt Schilling could lie too anybody in Rhode Island. You people are afraid of everything that is from outside RI. Then you will believe any snake oil salesman that comes along. Just look at the people you elect to office. Nothing but a bunch of conartists.

  • http://wrnipoliticsblog.wordpress.com/2012/07/11/chafee-says-hes-vindicated-by-testimony-in-38-studios-bankruptcy-pledges-review-of-edc-oversight-at-the-appropriate-time/ Chafee says he’s vindicated by testimony in 38 Studios’ bankruptcy; pledges review of EDC oversight at “the appropriate time” « On Politics

    […] Lincoln Chafee says he’s vindicated by testimony offered yesterday during a meeting in Wilmington, Delaware, on the bankruptcy of Curt Schilling’s failed video […]

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