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Grimlands Cancelled

gamigo AG announces they have decided "not to proceed with the development" of Grimlands, the MMORPG though they keep hope alive for the MMORPG they announced almost two years ago. They hold out the possibility they will pick this up again when funding appears, but it doesn't sound hopeful:

Development halt for Grimlands
The intensified focus on publishing and distribution and reduction of high-risk development projects has been pushed further forward. With this in mind the decision has been made not to proceed with the development of the MMORPG, Grimlands. The game still requires substantial additional funds to be brought to completion. Even other games in the "development pipeline" are to be critically assessed anew according to opportunities and risks.

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