ient financial reports

[moose]

http://biz.yahoo.com/e/020814/ient.ob10qsb.html

Scary reading material. I wonder how much is true.

[Montezuma]

Unless and until its online revenue stream matures, the Company recognizes that it will likely not have sufficient cash resources to fund its operations through the end of 2002. The Company might not be able to close on any financing transaction necessary to fund ongoing operations. The Company does not have any current arrangements or commitments for any future financing. The Company might be required to obtain financing on terms that are not favorable to it and its shareholders. The Company received a going concern qualification on its December 31, 2001 audited financial statements.

If the Company is unable to obtain additional financing when needed, it may be required to shutdown, delay or scale back product development and marketing programs in order to meet its short-term cash requirements, which could have a material adverse effect on its business, financial condition and results of operations.


ruh-roh...

[gofaster]

Let's face it.  Online flight sims are a niche market.  Fighter Ace has the ones looking for a quick shoot-em-up, and the number of "high-level" thinkers such as the Shillelaghs isn't big enough to support more than one intellectually-challenging flight sim at a time.

[Ripsnort]

Sealy speaks of The future of iEN

[AKDejaVu]

Its the same doom and gloom that every iEN quartly report shows.  Its easy to forget that people have been "predicting their immiment demise" for the last 2 years now.

AKDejaVu

[Wlfgng]

I believe it's reached a point of change.

   Previously IEN/WB was able to continue operations on the backs of WBII and it's faithful virtual pilots.  Things are changing due the fact that promises have not been lived up to with regards to WBIII development and coupled with a common perception that support from IEN is slow at best, people are taking a hard look at the company and it's sim.

   IMO the company is betting on the upcoming release of the CD-Boxed version of the game for survival.  The recent graphics update to WBIII is, IMO, intended to 'grab' new customers.  Unfortunately if the game itself isn't updated and the price lowered for monthly fees, any new customers are unlikely to stay for long.  Even less likely to pay for a non-refundable 6 or 12 month 'plan'.

[midnight Target]

Oh No!

Does this mean we're gonna have a bunch of WB exiles moving in here, whining about the demise of their beloved flight sim home and picking fights with anyone who even hints that AW..er I mean AH is better anyway??

[Elfenwolf]

Funny thing is that all the former AW pilots are kicking arse on all the AH crowd now and most of us have only been here a few months. Give us a year or so and all you original AH wussies will be in GVs. Whimps.

[Kieran]

Trusty Zebco 202...

[rogwar]

Originally posted by Elfenwolf
Funny thing is that all the former AW pilots are kicking arse on all the AH crowd now and most of us have only been here a few months. Give us a year or so and all you original AH wussies will be in GVs. Whimps.

It was very difficult for all of us AHers when you folks from AW came over. If this happens with WB, I recommend that Hitech first have the all of us complete Sensitivity Training followed by Diversity Training. It will make warfare so much nicer and friendlier. Maybe at the next Con we can all hold hands for a few rounds of Kum by ya, or Micheal Row the Boat Ashore.

and Kieran....LOL I remember the trusty little old Zebco 202 and ruining one catching a 10lb catfish when I was 8 years old.

[midnight Target]

Damn!


Ya trolled my troll! Amazing!

[rogwar]

Originally posted by midnight Target
Damn!


Ya trolled my troll! Amazing!

Sorry about casting over your line

[moose]

I dont think many from WB would come over

They'd rather play Everquest then come to the dark side

[midnight Target]

Well as Elfie so eloquently pointed out, it would be fun to have so many lousey pile its show up at one time. Completely unlike the AW exodus that caused AH veterans to quake with fear and run for their Lalas and Nikis.  

(cast over my line will ya!)

[Elfenwolf]

Oh no MT, I admit when AW went down and the pilots migrated here we sucked initaly. But if you look at who the best AH pilots are now you'll notice a steady migration of former AW pilots up the ranking ladder.

The main reason former AW pilots are superior is that AH was such a closed community due to its former prohibitive price tag. As far as players of a sim the AH community became inbred and, like any inbred community, deluted of talent. Luckily for you that WB is the only flight sim out there with even more of an inbred player base so I don't anticipate having these new players in the game will affect the way you play or your score. However, it'll be a blast for us former AW guys.