Infinium goes Phantom

Seattle-based Infinium Labs officially changed its name to Phantom Entertainment earlier this week. Not a bad idea...the Infinium name is unfortunately associated with its former CEO and chairman, now charged by the SEC with securities fraud. Under the banner of Phantom Entertainment, the gaming peripheral company hopes to raise more cash by doubling authorized company shares from 600 million to 1.2 billion. Let's hope that's not just a phantom wish.

-posted by Rachel