The funds from crowdfunding campaigns are gone

Feb 1, 2016 08:25 GMT  ·  By

The main developer of Ant Simulator, Eric Tereshinski, announced the cancellation of the game and his resignation after he found out that his business partners have spent the money on booze and strippers.

Ant Simulator was a really promising project that would allow players to manage an ant colony from that perspective. It benefited from a couple of crowdfunding campaigns, it was trying to get in Steam Early Access, and there was even a Beta version available. From the looks of it, the project has been hit by some unusual financial problems.

It's not the first time a game is canceled due to financial problems. Sometimes the developers burn through the crowdfunding money too fast, or they don't properly evaluate the correct amount they needed for the project. On the other hand, finding out that the money was spent on restaurants, booze, and strippers (or exotic dancers if you like that term better) is a first.

Ant Simulator is no more

The development on Ant Simulator was done by a single guy, Eric Tereshinski. He partnered with a couple of other guys, Tyler Monce and Devon Staley, and together they formed ETeeski.

The developer and founder of ETeeski, Eric Tereshinski announced that the project is officially dead and that he resigns from the company. The guys that he partnered with in the LLC managed to burn through all the money they had, including the funds from the crowdfunding campaign.

As soon as he found out, Eric resigned and posted a video on YouTube in which he explains what happened. He also mentions that his two ex-partners and friends are legally covered and that he can't do anything about it, with the exception of resigning.

He is also trying to find a way for people to get refunds, but that will probably take a while.