Source: Firesky Has 1 Week to Raise Cash

A former employee who recently left Firesky has told MMORPG.com that the company has until Aug. 1 to raise capital for Stargate Worlds or MGM is pulling the plug. Oddly enough, the article indicates a group of doctors is considering an $8 million investment in Firesky, but the anonymous source doesn't believe it's going to happen.

Shane Hensley, the director of new business development for Firesky, confirmed they're talking to investors, including the doctors. He also denied the license was about to be pulled. "MGM certainly isn't thrilled with our current situation, but neither do we have any specific indication they're pulling the license on any particular date," he said.

Firesky has had financial woes for about a year, and according to MMORPG.com's sources, "there is only one member of the client team and one member of the server team still at work on the game."

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