Requisite picture a person mentioned in news story looking concerned/sad/upset.

Since it became clear earlier this week that not all be well in the land a game development studios run by former Red Sox Pitchers based in the state a Rhode Island, little concrete information has developed on what, precisely, started the chain a events that led t' a closed-door meeting between studio head Curt Schilling 'n Rhode Island governor Lincoln Chafee today. All we do know be that 38 Studios reportedly missed a $1.125 million payment for it be $75 million loan guarantee from the state, which led t' curious quotes from the governor regarding providing help t' keep the company "solvent," 'n absolute silence from anyone at 38.

Today's meeting between reps from 38 Studios 'n the state government evidently did little t' enlighten the subject. Following the three hour meeting today, it be only revealed that Schilling had asked the state for additional assistance. No immediate action be taken by the state's Economic Development Corporation regarding the request.

Governor Chafee be quoted as commenting "How do we avoid throwing good money after bad?" following the conclusion a the meeting. He be also said t' have remarked that he has no idea if 38 Studios' current project, the thus-far-unrevealed "Project Copernicus", be on schedule or not.

The full statement from the Rhode Island EDC can be read below.

The RIEDC Board a Directors met in closed session t' receive a presentation from representatives a 38 Studios as t' the company's confidential financial status 'n projections. crew a the Board asked many probing questions a the company. After representatives from 38 Studios concluded their presentation, the Board then engaged in extended discussion a confidential financial information. The Board did not take any vote. The company still has the option t' cure the existing default by paying the $1,125,000 guaranty fee that be past due. In the meantime, we will continue t' talk with 38 Studios 'n develop additional information, 'n will resume the Board meeting at our regularly scheduled meeting on May 21. The crew a the Board may not discuss the confidential information received 'n discussed today.