Of course, that's assuming the publisher can secure enough funding to stay open, with the company stressing its need for "sufficient funds to continue operations." Currently, the company has $341,000 in cash, which it expects to last until March 31, 2009.
In order to stay open for the next two to three years, and thus release both Sin City and Heroes Over Europe, Red Mile estimates it will need an advance of $10 million. At present, it is seeking a co-publishing agreement for help with funding Sin City.
Since its current fiscal year began on April 1, 2008, Red Mile has lost $2.26 million, with Atari recently backing out of a co-publishing agreement for Heroes Over Europe. Red Mile is now considering "all remedies" against Atari, including compensatory damages.
Due to Atari's withdrawal, Red Mile has delayed its payments to Heroes Over Europe (PC, PS3, 360) developer Transmission. The company expects to ship Heroes Over Europe between April 1, 2009 and March 31, 2010, assuming it can make payments.