Official Flagship Denial of Takeover Story

GamingShogun has received an official response from Flagship denying the stories of Hellgate's being taken over by HanbitSoft:

'This story is an outright lie. We have no idea where they are getting their information from and have asked legal counsel to pursue the issue. We are mystified by Hanbitsoft's conclusions and any attempt to take over the IP will be met with a strong and swift response, to 'illegally take over the IP'. All right title and interest in Hellgate; London resides in Flagship Financing, LLC a wholly-owned subsidiary of Flagship Studios. We are outraged that Hanbitsoft would attempt to completely tarnish the reputation of its most vital developer...."