Well the studio can't afford to pay there employees and there losing there insurance soon also. Rhode Island already lost $75 million and I know for a fact I wouldn't loan them anymore money either.
LINK -
http://www.joystiq.com/2012/05/23/38…d-since-may-1/
LINK -
http://www.joystiq.com/2012/05/23/ri…own-unaware-o/
Despite paying the state 1.5 million dollars and setting a 2013 for there mmo the company will probably be gone in the next few months.