El Capitan
Mai's Apprentice
- Joined
- May 19, 2004
- Posts
- 1,811
Ok - just cos I have a quiet period at work.
We all know Telegames had a huge stock of Neo Geo carts (including the infamous middle-east NAM75 carts)
Then they sold them to Direct4Entertainment.
And now they appear to have gone to the US:
http://www.neo-geo.com/forums/showthread.php?p=2605500&posted=1#post2605500
Well FYI Telegames last set of accounts has them with Net Assets of under £1k in 2007.... down from £150k in 2006.
So basically they are fucked this year. Bye bye Telegames
Also the owners of Telegames also happen to own 50% of D4E.... not a huge suprise really!
And now I see that D4E has been liquidated.... owing £1.5m (yes, million) to unsecured creditors....
Probably of little interest to most, but interesting to see exactly what these people get up to...
We all know Telegames had a huge stock of Neo Geo carts (including the infamous middle-east NAM75 carts)
Then they sold them to Direct4Entertainment.
And now they appear to have gone to the US:
http://www.neo-geo.com/forums/showthread.php?p=2605500&posted=1#post2605500
Well FYI Telegames last set of accounts has them with Net Assets of under £1k in 2007.... down from £150k in 2006.
So basically they are fucked this year. Bye bye Telegames
Also the owners of Telegames also happen to own 50% of D4E.... not a huge suprise really!
And now I see that D4E has been liquidated.... owing £1.5m (yes, million) to unsecured creditors....
Probably of little interest to most, but interesting to see exactly what these people get up to...