Has Interplay finally secured the funds to develop new Descent and MDK games? That's what website Duck and Cover indicated in a report based on an SEC filing by Interplay. Apparently the company is selling millions of shares of Interplay stock to Frederic Chesnais and MicroProse Software in an effort to secure funds for game development.
Interplay investor Frymuchan said on the DAC forums that Fredrick Chesnais agreed to fund 4 Interplay IP's in exchange for the shares and the option to purchase additional shares.
"Basically, the stock deal and options for Fredrick are a reward for getting four new Interplay games funded (this isn't confirmed yet, but this stock purchase makes it very, very likely that everything worked out, otherwise Fredrick would not have bought more shares)," Frymuchan wrote.
He also mentioned that the four games in question were Descent, Earthworm Jim, Dark Alliance, and MDK.
News of Interplay heading back to the four classic IPs isn't anything new--the company revealed its intentions in an April 2008 press release. Interplay's console-friendly Earthworm Jim has already seen a resurgence, appearing on Apple's App Store, the Wii Virtual Console and other platforms.
Let's hope that Interplay returns to the Kingpin franchise with a new chapter once it gets a better financial footing.