NEW: RIEDC Statement on 38 Studios
Tuesday, May 22, 2012
STATEMENT ISSUED: The RIEDC Board of Directors met in closed session to receive additional, confidential information regarding the financial and game development status of 38 Studios. Members of the Board asked additional questions of company representatives and had candid dialogue. The Board also received information regarding the structure of the bond transaction and received a report from our auditor Braver PC. The Board did not take a vote tonight. The members of the Board may not discuss the confidential information received and discussed today.
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