In a post on their Facebook page, the Shadow Moses team stated the following: 

The team had previously stated that a “huge” announcement was coming on the 13 of March, so this news is disappointing to say the least.

We have an important announcement to make today:

We have to cancel the Shadow Moses Project for reasons beyond our control. 

Shadow Moses team.

This situation should really come as no surprise, however, as the creators acknowledged the problems they were bound to face from day one. Copyright issues were the biggest hurdle, so it won’t be surprising to discover that Konami insisted that they stop the project. At this time, however, the reason for their sudden cancellation is unknown. 

What do you guys think? Are you disappointed by the news? If you don’t know anything about the project, you can head here to see in-game videos and screenshots.