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    By: Shacknews This person is cool! x Show Full Post
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    Steve Watts posted a new article, 38 Studios head accuses RI government of breaking promises, scaring investors.

    Curt Schilling has criticized Rhode Island's role in 38 Studios' recent problems, claiming that the state economic board reneged on a deal and Governor Chafee's remarks ruined a potentially lucrative sequel deal for Reckoning.
    May 29, 2012 10:00am PDT
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    Steve Watts posted a new article, 38 Studios head accuses RI government of breaking promises, scaring investors.

    Curt Schilling has criticized Rhode Island's role in 38 Studios' recent problems, claiming that the state economic board reneged on a deal and Governor Chafee's remarks ruined a potentially lucrative sequel deal for Reckoning. : ShacknewsThis person is cool!

    Thread Truncated. Click to see all 20 replies.

    • if schilling wore the bloody sock to the meetings then maybe 38 could have won the gaming world series li... : action figure
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      :( brutal this just gets worse, maybe someone had a grudge against the dude and wanted to see him sink, w... : valcan_sThis person is cool!
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        A grudge? Sounds like he ran the company into the ground. He owed a million dollars in taxes. It sucks th... : jdcope
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          I agree. They flushed a vast amount of cash and only have a mediocre fantasy game to show for it. : nodeThis person is cool!
          • And that game was mostly done when they bought Big Huge Games. Most of the money went into the unreleased... : Mecha Tofu Pirate
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        Is there some kind of evidence that external forces sank 38? : HockeyJohnston
        • obviously external forces prevented KOA from selling 2.5 million more copies to hit that 3 million mark. ... : deathofratsThis person is cool!
      • It's not sad, he's just not good at business or making games. It's that simple. : PorkasaurusThis person is cool!
      • No one had a grudge against him. Schilling is a god damn hero up here dude. They had 400 employees and we... : pancake humper
    • Interesting, grabbing popcorn. : shirif
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      Everything about this story indicates that the company was poorly managed, financially, and was burning m... : qsylvr
      • Yep, I've seen their monthly burn rate listed at $4M which means they would have needed a ton of cash to ... : vvanders
    • This is the first time I've read that Schilling put in $50M of his own money, which makes me say "yeah, t... : DeathloveThis person is cool!
    • 4 million dollars A MONTH on this company and he has the balls to put the blame on someone else? : deathofratsThis person is cool!
    • It sounds more like bad management the more I read into it. They had hundreds of employees retained fo... : melkoreThis person is cool!
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      The fact that they were depending on ANOTHER tax break to let them defer payment on the loan so they coul... : SquiggyStardust
      • Indeed. I don't consider a company "solvent" if their current runway makes it an open question whether t... : Professer12
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      wait, the company is now talking shit to the entity that is funding them??? what the fuck is going on the... : DownforceThis person is cool!
      • Public officials investing tax dollars into private endeavors, which should be illegal. It wasn't a scand... : Zero Hoki