Toys for Kids & Adults

Do not inflate your stock or else…

Timothy Roberts, the former Chief Executive Officer of Infinium Lab, Inc. has been charged by the SEC for artificially inflating the value of Infinium Lab’s stock.

Timothy Roberts allegedly authorized a promoter to send junk faxes to potential investors stipulating that Infinium Lab was about to launch a new gaming console. Infinium Lab’s stock increased in value and Mr. Robert allegedly sold 1.3 million of his own shares for a significant profit.

Infinium Lab, Inc. is a Seattle based interactive media, entertainment and technology company whose common stock trades on the OTCBB (Over The Counter Bulletin Board) under the ticker symbol "IFLB". Infinium Lab is developing certain online gaming services. Mr. Roberts is no longer associated with Infinium Lab.

Read more at Infinium Lab’s website atwww.phantom.netor

Coverage at:http://shorl.com/bystyfrastimepe(Gamasutra)

GUILTY PLEA IN HOLLYWOOD XBOX COPYING CASE

A co-owner of a trendy Melrose Avenue game store has pleaded guilty to conspiring to traffic in copyright-circumvention technology, conspiring to infringe copyright for financial gain, and wilfully infringing copyright by reproducing and distributing pirated works. His co-owner has agreed to enter a similar guilty plea.

The two are accused selling modified XBOX consoles with pirated games preloaded onto their hard drives. A third man has been charged but has missed his court appearances.

Coverage at: http://shorl.com/gysydalinoro(News.com)

VMC Game Labs sets up shop in Montreal

VMC Game Labs, a Redmond, WA based consulting agency offering technical support for the video game producers, has opened its first office in Canada and has chosen Montreal as its home.

VMC Game Labs has opted to set up shop in close proximity to the offices of one of its major competitors, British company Babel Media, which opened an office in Montreal last summer. The company hopes to be competitive in the sub-contracting of video game production industry. 165 “testers” began working in Game Labs’ office on Monday and the company expects to hire over a hundred more employees in the upcoming months.

VMC Game Labs’ decision to settle down in Montreal was encouraged in part by the fiscal advantages offered by Investment Quebec, a government Agency, but was also motivated by Montreal’s thriving multi-culturalism.“Montreal gives us access to numerous cultures and, since we service a wide array of areas, we need people who master various European and Asian languages (translation)”, stated Glenn Hoogerwerf, President of VMC Game Labs.Mr. Glenn also explained that the choice of Montreal over cities in India or China came as a result of Montreal’s proximity to the key players of the video gaming industry.

For coverage (in French): http://shorl.com/hylohehuprito

MICROSOFT GETTING MASSIVE?

We’ve talked before about in-game advertising (for example,here andhere). One of the leaders in this field is Massive Inc., a New York firm that has developed technology that lets dynamic advertisements be inserted into video games.

There are now reports that computer giant Microsoft is in negotiations to purchase Massive (perhaps for as much as $400 million). Microsoft has not confirmed these reports. If such an acquisition takes place, Microsoft will be able to increase and improve the in-game ads in its on-line XBOX games.

Coverage at:http://shorl.com/fagydrypribrynu(E-Commerce Times)