NEW: Curt Schilling’s 38 Studios has Insufficient Funds in Bank Account
Thursday, May 17, 2012
The news comes a day after company executives met with the EDC’s board to figure out how 38 Studios could remain solvent.
The $1.125 million check was supposed to covered a payment due to the EDC on May 1.
38 Studios received a $75 million loan guarantee to come to the state in 2010. It released its first game earlier this year.
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