Not coming back anytime soon

Not coming back anytime soon


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Posted by mrbuddy316 (Ranked 119 on Mille Bornes (Games.com) Ladder) on October 17, 2005 at 16:57:35:

This is a little info as to why it will be a while before Mille comes back....if ever.


In January 2004, Games Inc. and Atari entered into an agreement for the sales of games.com to Games Inc. As the following websites attest to, there were problems with the acquisition almost from the beginning which has resulted in litigation between the parties, with each accusing the other of breaking the agreement.

Press release in Game Infowire,com
http://www.gameinfowire.com/news.asp?nid=3769

Newspaper reports of Games Inc. acquisition of games.com from Atari
http://www.enquirer.com/editions/20...z_games.05.html
http://www.enquirer.com/editions/20...z_games.31.html
As the first new stories points out, Games Inc. plans to turn games.com into a pay for play site.

US Securities and Exchange Commission - Quarterly Report: Litigation Section - Atari, Inc., Atari Interactive, Inc., and Hasbro, Inc. v. Games, Inc., Roger W. Ach, II , and Chicago West Pullman LLC - Pages 17 & 18: http://sec.edgar-online.com/2005/02...08/section2.asp

Games Inc. last quarterly repost: OVERVIEW AND RECENT DEVELOPMENTS - concerning acquisition of games.com: http://biz.yahoo.com/e/050222/gmsi.ob10qsb.html

Results of one section of the lawsuit between Atari and Games Inc.: http://www.brownraysman.com/Interne...AtariVGames.pdf This decision seems to make me assume the litigation between the parties is still on-going.

With regards to Rook, Miles Borne and the other games recently taken off the site, according to the published reports above, it would appear that those games may not have been part of the purchase agreement and that the games currently on the site are the games agreed to in the agreement.




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