Now this would explain why Andreas, the old CEO and majority share holder would sell his part in the company, but why would someone in their right mind buy shares of a company that is basically bankrupt?

Now this is all good news for phone app developers and phone companies but for games like Migoland this might seem like the end. In the new CEO and lead developer's statement he also mentions the removal of the Migoland domain 'as of the rise in smartphone users and the decrease of computer sales, online multiplayer games are being out sold by phone apps'. It is estimated that the membership sales have drop by 700% since the change from Spineworld to Migoland. Now this would be fine for bigger games like RuneScape & IMVU as they can relay on membership sales alone, but as the average monthly user base for Migoland is hardly reaching 2000 it is non-profitable. Okay so to break that down for those who do not know about markets here it is what he basically saying is that unless the company can find new investors the game will not be returning. Now for the actually info about the future of Migoland, in a statement released by the new CEO and lead developer of Playdo he states 'all funding towards the maintenance and up holding of Migoland is to be cut unless new share holders are found'. Now many of you will surely be replying 'ohh no no Andreas is the owner' yes technically you would be right if it was still year 2012 as he sold majority of his shares to new owners in August/September of 2012. As any long term player would know Andreas is simply a moderator for Playdo. Here is where you all are wrong, Andreas has no control over Migoland & Playdo's future. These videos and forum posts all have one thing in common, they all say that Migoland will be back once 'Andreas' finishes with Friends Base. Okay so lately I have been seen alot of videos & posts about Migoland being down.

Migoland play now