In a statement from the company's Senior Marketing Manager Kevin Balentine he says, "Our official response is that the lights here are still on and the development team is working hard every day to get this game built. Team members are in the office seven days a week to deliver Stargate Worlds. Brad Wright is the Stargate expert and a creative consultant on Stargate Worlds who advises us on the story; unfortunately we had not recently updated him on our progress or the impact from the current global economic crisis, and he was not fully aware of the continuing progress on our game."
The statement adds that funding for the game from angel investors is still keeping the development team working but they are still negotiating a number of deals that if successful will allow the team to finish development of the game. There's still no word yet on how far Stargate Worlds is from completion.
Gallery: Stargate Worlds