Posted 7/12/2008 at 10:56 AM By MondoPest
Well, unfortunately what started with some controversy for Flagship Studios seems to have led to their shutting down for good. While there has been no official statement from Flagship regarding their possible closure yet, however multiple sources are stating that the developer has laid off its entire staff and is shutting its doors.
Furthermore, it appears as though they have lost their I.P. and it will be under the control of HanbitSoft (at least Hellgate will) for the time being.
Via VE3D, and Kotaku.
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