That sounds like a likely perspective, however, if it had only take $5 million more to finish Duke, and they showed good evidence of this, then I'm sure someone would have funded that investment.
Hell, I know a group of investors who could come up with a 6 month, 5 million dollar loan, its not that hard. The difficult part would be if the project was not nearly ready for implementation, and could not be finished, and shipped in 09...then i wouldn't touch this project with a 10 foot pole.
I mean really, a 35 man development team @6 months dev/testing time, would eat through 5 million in 6 months. Is the game really that polished, that it could be released in 2009?