38 Studios execs admit game sales fell short; hint at investors

WPRI.COM

Ted Nesi

Updated: Jul 10, 2012 6:04 PM

By Ted Nesi

WILMINGTON, Del. (WPRI) – Executives from 38 Studios acknowledged Tuesday sales of its debut game failed to live up to their expectations, as they answered questions about the bankrupt company under oath while meeting with its creditors in a Delaware courthouse.

Thomas echoed Schilling by blaming Chafee – without referencing him by name – for scaring off potential investors in China and South Korea when he said in May the company could be insolvent. He also discussed other investors who were apparently waiting in the wings just before the company collapsed.

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