Firefall: RUMOR: Red 5 Fails to Meet Payroll, CEO Share Valued at $45M

According to a Reddit post and an anonymous tipster, Firefall developer Red 5 Studios has failed to make its latest payroll deadline. According to information we’ve been sent, the current CEO’s share of the company is worth approximately $45M (via 13D disclosure recently filed) but let employees know shortly after that the company would not be able to meet its payroll obligation.