Midway Games Stock Falls Below $1

[CaptainKirk]

Midway Games, responsible for such titles as Mortal Kombat, has received a notice from the New York Stock Exchange that the company has six months to get their stock price above $1 before it is delisted. This notice is only given after a stock has been below the critical value of $1 for more than thirty days.

Under NYSE rules, the Company has a period of six months from the date of the notice, subject to possible extension, to cure the deficiency. During this cure period, the Company's shares will continue to be listed and traded on the NYSE. The Company plans to notify the NYSE that it will seek to cure the deficiency.

The Company's business operations and Securities and Exchange Commission reporting requirements are unaffected by this notice.

Source

[TheHeartSmasher]

Re: Midway Games Stock Falls Below $1

Time to official release Mortal Kombat 5, 6 and 7 2D style, that will bring their stock up. Their 3D Mortal Kombat games have been too poor graphically to beat it's 2D counterpart "Mortal Kombat Trilogy". As over the years it has lost what made it so much fun when it was 2D as you had a nice selection of moves and ways to end the round, now it's just dreadful.

Bring back the two to three fatalities per characters, standardized special moves from the past, brutalities, animalities, friendships, babyalities and multiple quality stage fatalities and they will be king again. I just felt when they went 3D it really killed the good thing they had going for them as it did not get better with time graphically or gameplay wize. Just less moves with time, and the worst ways to do fatalities ever.

They just need to go back to their core with gaming and release high quality graphical/gameplay quality games. Blitz it too generic and gets boring after a few hours of play, their older games where extremely fun and very addictive. 2D yes, but they had extreme depth to them. Now it seems Midway is just about play now and quick type gameplay, as they barely have somewhat of a storyline now. If they can balance extreme fun and gameplay they might be able to make a comeback. Until then we might have to say goodby to the probability of a better implemented Mortal Kombat in the future .

[MrKLM]

Re: Midway Games Stock Falls Below $1

LOL OWNED :)

[Salad Snake]

Re: Midway Games Stock Falls Below $1

This does not bode well.

Really, what do they have beyond MK? The only game I ever remembered them for was the craptastic (yet strangely entertaining) Hydro Thunder arcade game.