We're a bit late at reporting this, it's not good news at all for the industry. Planet Moon Studios (originally founded by core MDK team members) has hit several problems concerning the pullout of funding and payments late 2010 and the employment of 37 previous staff members at MMO developer Bigpoint Games.
The studio is still operational and despite popular belief, Bigpoint has NOT bought the studio, only the re-employed staff and PMS still seems to be producing games. Reports detail that Planet Moon Studios is pursuing legal action with the parties involved in the financial situation late last year.
Planet Moon Studios has made award winning games and original IPs after MDK, such as Giants Citizen Kabuto, Armed and Dangerous and Infected. We're hoping these guys recover their expenses. We wish the best to all involved.