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Rumor: Stargate Worlds facing an August 1st deadline to raise capital

Kyle Horner

Stargate fans have long since been left wondering what's been going on with Stargate Worlds, but come August 1st -- or sometime soon thereafter -- their wait may finally be over. The rumor stems from a claim made by a recently departed employee who claims MGM has given Firesky until the beginning of next month to acquire funding or face having the licensed pulled.

Apparently a group of doctors who could potentially invest up to $8 million are the game's last hope. However, the same ex-employee says there's little chance the deal will actually go through by the deadline. Shane Hensley, Firesky's director of new business development, has said that they're continuing to speak with investors -- including the doctors. While he also says they've never considered scrapping the project, he doesn't deny the claim, either.

Ultimately, Hensley has hope but seems to be realistic about the situation, saying, "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." We'll keep you updated on any new progress, and hopefully there's a happy ending to all of this, even though our instincts are currently warning us to think otherwise.

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