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Entropio said:

There's a difference between doubting that a game will be good and blindly believe a random anonymous guy that class that the developers have done nothing for years, that they prepared a fake trailer and lied about it and that they just scammed Sony and the public for three years.  Especially when there's no proofs

That's not what he said:

First of all, I was told that the reveal trailer was all cinematic. It was faked to mimic gameplay, assets, etc. from a real game but 0% of the game was implemented. In 2013 probably true. If that trailer presented actual gameplay it should have launched long ago.

So the real challenge for the studio was to put that vision into the final game. And apparently this has been impossible to achieve.
Impossible perhaps not, a lot more work than they imagined, likely.

This words are a direct quote from my source about this news and the studio itself (it contains his personal opinion):
"Sony required about one month ago the DEV KITs to be returned and canceled the fundings into Tequila Works, due of the game had no-sense. Basically there wasn't a game.


I don't think they scammed Sony for three years. Just didn't know what they were getting into.

TLG turned out great despite not showing much gameplay forever. However that never changed publishers or lost support, actually got assigned more teams to help out. Switching publishers is the red flag I'm a bit worried about. That's usually where games that end up in development hell turn out to be disappointing.