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PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Runestone Runs Out of Funds and Closes Its Doors

by Rainier on Sept. 28, 2006 @ 5:31 p.m. PDT

In an open letter to the community Runestone CEO Lars Kroll Kristensen announced that his company has officially run out of money, cannot pay salaries, rent or hosting fees, and therefore filed for bankruptcy. The past two months he has tried to sell a partnership deal to various publishers and MMO companies, but in the end nothing materialized. Its MMORPG Seed will be winding down with a goodbye ceremony this coming Sunday at 20 CEST.
In an open letter to the community Runestone CEO Lars Kroll Kristensen announced that his company has officially run out of money, cannot pay salaries, rent or hosting fees, and therefore filed for bankruptcy. The past two months he has tried to sell a partnership deal to various publishers and MMO companies, but in the end nothing materialized. Its MMORPG Seed will be winding down with a goodbye ceremony this coming Sunday at 20 CEST.
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