Stargate Worlds Deadline Nears?

MMORPG.COM reports August 1 may be the deadline for Firesky to raise funding to continue development of Stargate Worlds, the planned Stargate MMORPG. There have been lots of rumors about the state of this project, but very few hard facts, and the new report doesn't change this trend, as it is an unconfirmed report quoting an anonymous former employee who tells them MGM is set to pull the license for the project if August 1 passes with no additional funding in place. According to the report, the best prospect for an investment in the project is a group of doctors considering an $8 million investment, which would apparently "keep the company alive, allow it to pay off back wages and launch Stargate Worlds," but their source does not believe that the deal will get done.