Comic Book Guy Posted July 24, 2009 Share Posted July 24, 2009 According to sources, MGM may pull the license from Firesky's troubled Stargate Worlds MMO if no investment is secured by August 1st. The next week and a half may finally bring resolution to the curious case of Stargate Worlds. According to a former employee who has recently left the company, Firesky has until August 1st to raise capital or MGM will pull the license. At this time, the company?s last hope appears to be a group of doctors who are considering an $8 million investment into the company. This cash infusion would keep the company alive, allow it to pay off back wages and launch Stargate Worlds. However, our anonymous source does not believe that the deal will get done. Shane Hensley, who is heading up a separate project Firesky?s Supersition Studios, and also serves as the company?s Director of New Business Development, responded to the report: ?We do continue to talk to investors, including the doctors.? He went on to say that the company has never considered scrapping Stargate Worlds, and denied that the license was on the verge of being pulled. ?MGM certainly isn't thrilled with our current situation, but neither do we have any specific indication they're pulling the license on any particular date,? he told us. Firesky, which had several projects on the go, essentially ran out of money last fall, but rather than pull the plug, has continued to move forward. Most of the key personnel have moved onto other projects and many are behind on pay. At this time, according to our sources, there is only one member of the client team and one member of the server team still at work on the game. ?Overall, funding is obviously a huge challenge for us, but our management is working on it daily,? Hensley said. ?It's visible progress and we obviously have great faith. The struggle has been more than most could bear, but there are a few here who have independent means or significant personal investment who have been able to ride it out.? While Hensley obviously continues to have some hope that the troubled company can come back, he is also realistic. ?I doubt this will last much longer, but those who are here currently are amazingly dedicated and continue to make progress on our projects despite the circumstances.? This latest news likely means that the company?s only real chance at survival remains traditional investment. A community driven investment project they called MMOGULS, which asked regular people to invest up front for a return on the other side had made waves in the community. However, according to Hensley, while that project is run by the owner of Firesky, it is completely separate from the company. Article Link to comment Share on other sites More sharing options...
Knightwolf20024 Posted July 24, 2009 Share Posted July 24, 2009 wow first the sg-1 game now this seems like were never gonna see a new stargate game. Link to comment Share on other sites More sharing options...
ahhell Posted July 24, 2009 Share Posted July 24, 2009 That sucks. This game had a ton of potential. Link to comment Share on other sites More sharing options...
Tharp Daddy Posted July 24, 2009 Share Posted July 24, 2009 Kudos to the guys who stayed behind to work on the project, i hope that the company doesn't fail, they seem really dedicated. Link to comment Share on other sites More sharing options...
cropcircles Posted July 25, 2009 Share Posted July 25, 2009 At least there is a racing team I was as well looking forward to this game. The online potential would be enormous with building cities on planets around the universe. How cool would that be. I wonder if MGM doesn't raise enough money if they would sell the rights to the game to another company. I could see Steam jumping all over it. Link to comment Share on other sites More sharing options...
Comic Book Guy Posted July 25, 2009 Author Share Posted July 25, 2009 <snip>I was as well looking forward to this game. The online potential would be enormous with building cities on planets around the universe. How cool would that be. I wonder if MGM doesn't raise enough money if they would sell the rights to the game to another company. I could see Steam jumping all over it. MGM doesn't need to raise the money, Firesky does, and August 1st is just around the corner. Link to comment Share on other sites More sharing options...
Yusuf M. Veteran Posted July 25, 2009 Veteran Share Posted July 25, 2009 It's a shame that it came to this. The game had so much potential. This wasn't the first Stargate game that flat-lined. There was an FPS-type game called Stargate SG-1: The Alliance which was cancelled in 2006. It was based on modified version of Unreal Engine 2.5. Anyway, I know this game hasn't officially "died" yet but it seems unlikely that they would secure investment by the 1st of August. Link to comment Share on other sites More sharing options...
Osiris Posted August 11, 2009 Share Posted August 11, 2009 Yep shame, it looked pretty descent too. Looked like it could have tied me over till The Old Republic anyway :\ Seriously there have been enough SG game failures by now you would have thought they would have been beyond prepared with this project. The franchise is just gonna 'superstitiously' cursed now, no studio is gonna touch this IP for years now. Link to comment Share on other sites More sharing options...
Growled Member Posted August 11, 2009 Member Share Posted August 11, 2009 It's a shame but I guess it might not be meant to be. Link to comment Share on other sites More sharing options...
Comic Book Guy Posted August 11, 2009 Author Share Posted August 11, 2009 Well, August 1st has come & gone, and there appears to be no news on the homefront, I wonder what's going on. Link to comment Share on other sites More sharing options...
ahhell Posted August 11, 2009 Share Posted August 11, 2009 I'd like to know too. That game looked really promising. Link to comment Share on other sites More sharing options...
Buio Posted August 11, 2009 Share Posted August 11, 2009 This is the latest news regarding it; http://forums.stargateworlds.com/showthread.php?t=29721 Tim Jenson is in the management of CME, which is the parent company of SG Worlds, while Firesky is the developer. I would guess they are very close to shutdown of SG Worlds, unless they can get a lot of funding quickly. Link to comment Share on other sites More sharing options...
Geoffrey B. Veteran Posted August 11, 2009 Veteran Share Posted August 11, 2009 I was really looking forword to this game and I really wanted to play it however fate seams to state that the stargate puzzle game on my gameboy will be the only one I play Link to comment Share on other sites More sharing options...
Hupp Posted August 11, 2009 Share Posted August 11, 2009 they really should of just put out a public beta with maybe 1 or 2 worlds and just released 1 gate address at a time, to build up interest and secure funding. Link to comment Share on other sites More sharing options...
ahhell Posted August 11, 2009 Share Posted August 11, 2009 SGW is yet another project that is the victim of ****ty management. Link to comment Share on other sites More sharing options...
ThisSiteHasLostItsCharm Posted August 13, 2009 Share Posted August 13, 2009 screw the game, the other game looked way better. So lame that it was canned, don't care if this one dies though... Link to comment Share on other sites More sharing options...
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