fatshart posts

It's been a couple of months since rumors started to fly about major issues with game developer GRIN. Despite releasing three games in the space of just a few months earlier this year (Wanted: Weapons of Fate, Bionic Commando and Terminator Salvation) the company reportedly shut down two of its satellite dev studios late in May.

Now Gamasutra is reporting through unnamed sources that GRIN's central office in Stockholm, Sweden could be going under as well. The reports claims that employees of the office were told not to show up for work today and it's possible that the company is preparing to go into bankruptcy or shut down completely. This news comes on the heels of this morning's announcement of Lead and Gold: Gangs of the Wild West. Developed by Stockholm-based Fatshark, the company has GRIN as a stakeholder and used GRIN's engine as the basis for the game.