This is some very sad news. I really hope things can turn around for them. I am very fond of the IP, and saddened at the same time that the studios who owns rights to said IP, don't put more money into it.

Do they not want their investment to fail, or do they?

This can turn out to be something special with a huge fan base to back it, yet the owners of the IP dont seem to care.

Too bad they cant get help just like those pathetic insurance companies (i.e. AIG, and some Banks).