We worked with the group from Idea Fabrik until the end of last year, when they refused to pay us what they owed us and cut ties. I can tell you that they have not put any previous work into an MMO. When we left, they were still debating which Facebook game they wanted to make.
This is nothing more than another burst of hype from them to push their stock price up. This company has yet to deliver on anything it's promised. They said outright that they know 95% of these games fail, so they don't care if one ever succeeds or is even finished. They make their money by selling hype to investors.