Stargate MMO Developers Still Unpaid 22 Days Later?
The website's authenticity has yet to be confirmed, though the developer behind the PC MMO Stargate Worlds and other unannounced games has admitted that "new economic realities are forcing us to seek out additional sources of funding."
Work is progressing on Stargate Worlds, senior marketing manager Kevin Balentine told Ten Ton Hammer, though his statement did not address rumors of departures:
At Cheyenne Mountain Entertainment, we have always been upfront with the media and our fans that we are a start up. Like many start ups, we face the same cash-flow issues that all pre-revenue companies face. We have maintained a core of dedicated investors, but the new economic realities are forcing us to seek out additional sources of funding and that's what we're doing.
We continue to move forward on the Stargate Worlds project. We recently completed a successful phase of closed beta testing and we will start a second phase early in 2009. We invite all of your readers to come to our site, check out our fantastic community and sign up for our beta.
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It sucks that this economic crisis is hitting every facet relating to stuff in my life. I'm a recent let go financial analyst for a subsidiary of citigroup, a lot of my friends have now moved to other locations in the US to find different jobs, and companies near me are laying off and closing down due to lack of loans from banks. Gaming companies are taking huge hits too =/ TQ's Iron Lore closed due to lack of funding and I fear so many more will to. Sigh =(
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