Ok well maybe not the whole story, but yet more information on just how this startup went from on top of the world to down and out.

We've been focusing a lot on Stefan Eriksson as he was one of the major players in Gizmondo. But he's not the only person responsible for the downfall of the company.

The UK website Timesonline.com has in interesting piece on another player in this saga/conspiracy.

Let me introduce you to Carl Freer. The man behind Gizmondo. The article explains how his company, worth over a billon dollars on the stock exchange, burned through over $300 million (yes million) dollars in just 18 months.

Imagine that - blowing that kind of cash in that short a period? Of course that is raising even more questions.

So there you have it, yet another chapter in the ongoing saga that is Gizmondo.