Cheyenne Mountain Entertainment, developer for Stargate Worlds MMO, has issued a statement confirming that they do have some ”cash-flow issues”.
A website went live counting the number of days since their last pay check, and it currently stands at ”25 days”. They’re currently seeking ”additional sources of funding” right now.
”At Cheyenne Mountain Entertainment, we have always been upfront with the media and our fans that we are a start up,” reads the response from the company.
”Like many start ups, we face the same cash-flow issues that all pre-revenue companies face. We have maintained a core of dedicated investors, but the new economic realities are forcing us to seek out additional sources of funding and that’s what we’re doing.”
The website days-since-cheyenne-mountain-employees-have-been-paid.com is still running and presumably will continue to run until the team get their earned dosh.
”We continue to move forward on the Stargate Worlds project. We recently completed a successful phase of closed beta testing and we will start a second phase early in 2009. We invite all of your readers to come to our site, check out our fantastic community and sign up for our beta,” Cheyenne concluded.
Source: VE3D
