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Atari in financial trouble again

Can Big Phil save their assets?

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Image credit: Eurogamer

Poor old Atari may be delisted from the NASDAQ stock exchange for failing to be worth enough money.

As reported by, Atari's shares had to remain at a value of at least USD 15 million (GBP a small flat with no windows in Islington) for 10 consecutive days. They didn't.

So the NASDAQ people sent them a threatening letter, again. Now Atari is requesting an appeal hearing, but says there are no guarantees.

The news comes just weeks after former big-deal-at-Sony Phil Harrison joined Infogrames, Atari's parent company, as president. Since then the company has announced Driving Theory Training for the DS. Come on Phil, where's Rubber Duck Hunt?

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