I can't provide any sources or proof bc I want to be anonymous, but I was at one point close to the situation. So you can either believe this or not.



Basically there is no studio developing the game, but there is still a core team that still exists, but they're more like publishers or IP holders at this point. I'm not sure the extent of who or how many remain, but it's my understanding that they're higher level producers/designers. They're looking for a co-developer- a studio who can provide programmers, artists, QA, etc etc to get the game made, while the remaining guys provide design and other direction.



Co development isn't uncommon in the industry, and I don't have enough details to know if they could ever get the project off the ground. It depends on things like profit share, who eats the cost and whatnot. But that's pretty much where the game is now- I'd say it's more or less in limbo or arrested development.