Yay For Capitalism! Bidding War Happening over Movie Gallery/Game Crazy Game Inventory

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Published by GameFront.com 8 years ago , last updated 2 months ago

Posted on June 24, 2010, Phil Owen Yay For Capitalism! Bidding War Happening over Movie Gallery/Game Crazy Game Inventory

gamecrazyDespite Game Crazy’s best efforts at clearancing the hell out of what games they had left before the store disappeared off the map, they couldn’t get rid of it all. And now Forbes is reporting that a few companies are fighting over what remained on the shelves, so they don’t have to float away to the Island of Misfit Toys.

First, the company made a deal with COKeM International Ltd., a company specializing in selling games on the cheap to B&M retailers, to move the games for just over $3 million. And then Gamers Factory Inc., which buys and sells used games online, was like, “no, dude, we want in on this,” and is asking Bankruptcy Court why they can’t offer more moolah.

And on top of that, Gametronics Inc., which wholesales games and game hardware, also wants to be able to bid.

It’s all up the Honorable Diana Morehead at this point. There’s a lot of factors and stuff in the mix here, and it’s all too much for me to really comprehend, because screw business crap. But if you wanna read it, check out the Forbes report, because the best I’d be able to do is copy and paste because, again, screw business crap.

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