Minimum Devs TimeGate Studios reportedly lets go of entire staff
Timegate, the developers behind the upcoming blockman shooter Minimum hit some rocky waters last week when it was announced the company had filed for Bankruptcy. For those unfamiliar with Timegate, the developers previously crafted the Sci-Fi shooter Section 8 and co-developed the absolute train-wreck that was Aliens: Colonial Marines.
It was revealed the studio owed various creditors in amounts ranging from 10 to 50 million including a 7 million fraud lawsuit revolving around Timegate and Section 8's publisher Southpeak. Timegate also apparently owes a local pizzeria where the studio ran up a heinous tab of $34.80.
Today according to Kotaku, the studio was forced to lay off its entire staff. No doubt the closure had something to do with TimeGate's financial misfortunes, but there hasn't been any confirmation as to what dealt the final blow.
Obviously this doesn't bode well at all for the studio's upcoming Free-to-Play shooter Minimum which was suppose to be released this year, but now is most likely dead in the water.
Our sympathies go out to all those at TimeGate who lost their jobs.
About the Author

Michael Dunaway has been part of the MMOBomb team for years and has covered practically every major Free-to-Play title since 2009.
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Oh! I've got it!
I suppose doing the bare MINIMUM to get by wasn't enough! Ahahahah....ah......I'm sorry.
o well, NEXT.... o, this game looks... o nvm, it's a piece of pizza, NEXT....
I wish the best of luck for all the people who lost their job.
LOL
Come on guys. Someone needs to go to prison for this terrible crime!