Ghost-Ryder
12-05-2008, 06:29 PM
http://cache.g4tv.com/images/blog/2008/12/05/633640780834192114.jpg
After months of dreary earnings reports, Midway Games got a brief reprieve in November with the release of the decently reviewed Mortal Kombat vs. DC Universe (http://www.gamespot.com/ps3/action/mortalkombat/review.html). However, the honeymoon didn't last. This morning, the publically traded publisher issued a filing with the Securities and Exchange Commission that revealed it is carrying a whopping $240 million in debt. That's $72.5 million more than the $167.5 million in total assets--including property--that the company had as of September 30.
Source (http://www.gametab.com/news/2823078/)
After months of dreary earnings reports, Midway Games got a brief reprieve in November with the release of the decently reviewed Mortal Kombat vs. DC Universe (http://www.gamespot.com/ps3/action/mortalkombat/review.html). However, the honeymoon didn't last. This morning, the publically traded publisher issued a filing with the Securities and Exchange Commission that revealed it is carrying a whopping $240 million in debt. That's $72.5 million more than the $167.5 million in total assets--including property--that the company had as of September 30.
Source (http://www.gametab.com/news/2823078/)