The lies of Slightly Mad (Project Cars) Head of the studio confess that they were overpromising

[StarOcean]

I wouldn't call them liars, probably more along the lines of over ambitious? They probably thought they could do it but later found they couldn't. It sucks and It'd be cool if it makes it too Wii U, but even if it does it seems apparent that it'd be the lesser of the rest of the released platforms.