Reakktor Media GmbH announces the abrogation of the current insolvency proceeding. The insolvency plan, suggested by insolvency administrator Rainer M. Baehr, was accepted by all creditors. Due to the support of a solvent investor, the financial reorganization of the company could be carried out successfully and all jobs have been saved. Despite the insolvency proceeding caused by the insolvency of Reakktor’s parent company, the highly anticipated Space Action MMO "Black Prophecy" (http://www.blackprophecy.com) will be released next year and set new standards in the genre.