Chronicles of Elyria reportedly shut down earlier this year. CEO of Souldbound Jeromy Walsh made the announcement in March after the company had run out of money, and had to lay off all of its employees.
After facing legal action from backers of it’s $1.3m Kickstarter campaign, Soulbound Studios returned with a video reassuring backers of the game that it is still in development.
The full video can be seen below