Yes, it's the scam that just won't die - Gamespot is reporting that not only is Phantom Entertainment delaying reporting its financial statements and stating it's lost another $450,000 or more, but... they still have absolutely nothing to show for any of the money invested so far.
They're apparently incapable of even making a PC keyboard as the Phantom Lapboard has now been delayed yet again - and they're now quoting a price of $129.99 for the keyboard "when" it releases this November. They're also resurrecting the idea of the Phantom Game Service, this time apparently as a PC based "GameTap" type service, so expect another round of hilarious fund raising.
Check out the Gamespot article here and our previous Phantom Entertainment coverage at these links - one, two, three and four and see if you can answer the question of why I suddenly feel like I'm watching "The Producers?"