Today's emergency meeting by Rhode Island officials to determine what they are going to do about Curt Schilling's 38 Studios has concluded with officials freezing like deer in headlights. Nothing happened.

Rhode Island's Economic Development Corporation will take no immediate action to aid the developer, following a closed-door meeting attended by Governor Lincon Chafee and Schilling, who asked for additional help to save the company. Schilling refused to answer press inquiries and officials wouldn't declare how much money the studio is seeking.

"How do we avoid throwing good money after bad?" Chafee is quoted as saying after the three-hour emergency meeting finished.

If the studio doesn't receive assistance, it appears Rhode Island taxpayers may very be on the hook for the $75 million 38 Studios loan that, after interest, would require paying back $112.6 million through 2020.

[Developing]