Posted 7/11/2008 at 11:39 AM By MondoPest
**UPDATE: Looks like the take over might be true and, worse yet, Flagship might have closed down! Would you like to know more?
We just recieved an official statement from Flagship denying the report of Hellgate's being taken over by HanbitSoft.
Official Statement:
'This story is an outright lie. We have no idea where they are getting their information from and have asked legal counsel to pursue the issue. We are mystified by Hanbitsoft's conclusions and any attempt to take over the IP will be met with a strong and swift response, to 'illegally take over the IP'. All right title and interest in Hellgate; London resides in Flagship Financing, LLC a wholly-owned subsidiary of Flagship Studios. We are outraged that Hanbitsoft would attempt to completely tarnish the reputation of its most vital developer. Hanbitsoft's new management clearly does not understand the terms of its relationship with Flagship.'
-Flagship Studios
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