Ant Simulator has been canceled, Eteeski LLC. announced over the weekend, with Eric Tereshinski resigning from the company.

The reason for the cancellation was detailed in a video published on Saturday, in which Tereshinski alleges his ex-business partners were secretly stealing company money and spent the “overwhelming majority” of funds raised via Kickstarter and the Ant Simulator investment money on “liquor, restaurant, cars, and even strippers.”

"A year and a half ago, I signed an LLC agreement with them," Tereshinski says. "I trusted them and they had been my friends for 11 years. I made the mistake of trusting them. So, that means that resigning, and therefore cancelling the development of Ant Simulator, since I was the programmer of Ant Simulator, is really the only option available to me right now."

Those who pre-ordered Ant Simulator should expect an email in order to try to arrange a refund, although we have no idea when Tereshinski will be able to pay as the situation sounds pretty bleak.