As the email says, they’re paying for 60 employees, a physical office all for Tommy to roleplay CEO with other people’s money.
Despite his sincere nostalgic enthusiasm for the Intellivision name, I doubt they have any intention of delivering as it seems they’ve been doing everything wrong for years and show no signs of correcting their course. Using the pandemic as an excuse for the third time is low and clearly misdirection since Nintendo, Panic and even smaller players like EverCade can somehow deliver production. Two extra months won’t make a lick of difference since if they were really intent on delivering, things would be locked in at factories by now.
Tommy spends all day shitposting on Twitter and AtariAge so I can’t imagine what a real CEO would be doing in his place. Atari had less manpower (many of his hires are fresh out of school despite the misleading “600 years of industry experience” worth of “advisors” he keeps trying to name drop and many high profile executives featured in initial pitches are nowhere to be seen) and managed to deliver, albeit late. They were hiring for basic roles you would think were filled in 2018-2019 like firmware developers etc long after the initial launch date had passed last year.
Releasing a pittance of 50k boxed “somethings” is clearly a stall tactic to go out e-begging for another round of gullible investment. “Look! We have physical somethings!”
Also, note the wording of the email: “end of the year” NOT “end of this year.”