I mean, they quite literally did state they are working on a brand new IP.
And they also quite literally showed and announced a game in the same old one so far, so what I'm supposed to comment on?
(They mentioned that they've grown to a size where they're now doing multi-game development)
They'll also grow to the size where they realize they were being once again a bit over-ambitious and will have to put the second project on hold to focus all available manpower on the main one?
We'll see.
