Progress on Telekour has decreased in huge amounts ever since the creation. The game will not die nor will it be given to another company, we are just having a hard time with development.
One of the reasons for the slow progress is that we are in need of another programmer(we think we found one) as we only have 1.
Another reason is that TitaMation is a team of 5 but, 2 are on vacation and 1 goes to college which of course leaves 2 members working full time to keep the project alive.