Enlarge / A massive document filed by Intellivision on Monday clarifies just how gloomy the company’s Amico console’s future appears to be. (credit: Intellivision / Aurich Lawson)
The Intellivision Amico’s wild ride as a possible video game console may soon come to an end, according to financial disclosures tucked into the company’s most recent fundraising announcement.
On Monday, Intellivision Entertainment Inc. began its fourth round of public prelaunch fundraising in less than four years. The fundraising campaign, which aspires to raise $5 million, includes an SEC filing that contains page after page of “risk factors” for the company going forward. While such disclosures tend to include broad statements of potential risk factors to cover all foreseeable catastrophes, Intellivision’s filing goes into brutal specifics about the company’s current debt—and suggests a clear timeline for the game console’s potential dissolution.
In particular, the company tells investors that it has “generated no revenues” since its formation in 2018, and its handlers predict Intellivision can only operate until July of this year at its current zero-revenue pace before needing to drastically change course.
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