Crytek Denies Bankruptcy Rumor

Eurogamer has comments from Crytek responding to recent allegations they are in serious financial trouble, denying they are flirting with bankruptcy. Here's what they say:
Regardless of what some media are reporting, mostly based on a recent article published by GameStar, the information in those reports and in the GameStar article itself are rumors which Crytek deny.

We continue to focus on the development and publishing of our upcoming titles Homefront: The Revolution, Hunt: Horrors of the Gilded Age, Arena of Fate, and Warface, as well as providing ongoing support for our CryEngine and its licensees.

We have received a lot of positive feedback during and after E3 from both gaming press and gamers, and would like to thank our loyal employees, fans and business partners for their continuous support
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Re: Crytek Denies Bankruptcy Rumor
Jun 23, 2014, 19:22
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Re: Crytek Denies Bankruptcy Rumor Jun 23, 2014, 19:22
Jun 23, 2014, 19:22
 
I played Warface recently and thoroughly and while it's a fine game, getting on par with Ghosts Online, the general feeling is a small community and the need of way, way too much money to get anywhere substantial as a player (GRO, or now Phantoms I guess, has the same issue). This creates a system where those who invest money to get there are so far and above new players that it's just ridiculous, since the playerbase is so small you end up playing against far superior players much of the time. Of course, at least Warface has acceptable co-op.

Honestly I was most impressed with their Gface system that ran in a browser, very nice technology and very socially oriented. This ties in to what I posted on the most recent Crytek thread about the direction they are headed (which is a good thing). Yeah, it can be a bit obtuse when you work with it, but it shows they are willing to adapt to the marketplace.
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