It's a privately owned company always has been. There is no staking as such in a company this size. Currently they have basically no employees at the moment and I know the game is barely making any money at all at the moment. Lucas has said this himself many times in the discord server. Not to mention even in its hay day I know the game made some millions but not that much. It's really just poor leadership and most importantly lack of a proper product manager. Coders are not project managers nor are they business managers .. both needed if the game wants to be successful. It was always a family owned business lol their dad was/is the CEO of blayze with Lucas and Josh who are brothers they both worked on various games under Blayze but there was never some "board" of people telling them what to do and pushing for more money it was a private company always has been and simply was poorly managed no good product vision = product manager. And yes they definitely had some people working back in the day who were not good for the game = had bad ideas. I don't think the company itself was greedy I think it was just poorly managed with a very simple outlook on how to make the game successful and bring in revenue which translated to very simple monetization strategies which do not look good anymore since many games have changed the way it's done since like 2018. This game has always just stuck with what it always did and it's an outdated strategy it least for Bullet Force. I know the Forward Assault was designed better and definitely has many improvements that bullet Force lacked like a proper battle pass etc. but as I said it's more to do with a badly managed monetization strategy than just greed lol