Gizmondo Future Looks Bleak

[wraggster]

Gamespot reports that the company behind the Gizmondo handheld console, Tiger, is looking at some tough financial numbers. Mostly, it seems, brought on by poor sales of the console. From the article: "Gizmondo Europe subsidiary has experienced severe financial pressures from various vendors as its cash flow has been unable to service the requirements. This has in part been aggravated by a lack of investor funding. The company has been actively negotiating for further funds from debt and equity sources to assist the cash flow needs of Gizmondo Europe but there can be no assurances that this will be achieved

[slayer2psp]

turn out the lights the party is over why did this ever come out you cant beat sony nintendo or even the n-gage just sad i feel for anyone who bought one id still get one for 100 us dollars but it will never be that cheap

[nufan]

i got one for 100 bucks us dollar