Another one bites the dust, as the saying goes.
Imageepoch, the developers behind the excellent Black Rock Shooter, Stella Glows and Criminal Girls Invitation are officially bankrupt and out of business, along with their affiliate company Smile Online Games.
With a collective debt of over $11 million dollars, both firms are struggling to pay off their numerous creditors.
Imageepoch are perhaps best known for their various RPG titles which released on the Nintendo DS, 3DS, PS3, PSP and Vita.
It’s another sign of the times and unfortunately it’s very likely that this isn’t going to be the last development studio to go bust this year.