This doesn't bode well for Mythos, I don't see how another company will be able to pickup development on it and create a competitive product.
My gut prediction - this is a technical closure to consolidate debt and in reality a new leaner company will form (from Hellgate Employees) that operates on CONTRACT(which was probably part of this closure deal and handing off of the ip) with HanbitSoft. This new company will continue to develop Mythos and support Hellgate (probably bug fixes and minimal content updates.)
I expect a press release that puts a positive spin on the situation in the upcoming months. Something to the effect of "We are pleased to work with HanbitSoft a leader in online gaming in Asia. This relationship is going to give us the financial freedom to grow Mythos into the product we want to make. blah blah."
Jul 12, 2008 12:23pm PDT