Rebellion has purchased “Woolfe: The Red Hood Diaries” and has promised to reward the game’s original Kickstarter backers, after Grin, the original developer of the game, went bankrupt. The bankruptcy of the previous developer led to the game no longer getting updates and the Kickstarter backers going unrewarded for their payments to the game.

Through the game’s Kickstarter page, Jason and Chris Kingsley, the co-owners of Rebellion, have made it clear that the company has some interest in the game as an intellectual property. The owners stated that their company has had previous experience with publishing books that were a dark reimagining of classic fairy tales. And, “Woolfe” fits the bill since it is a dark reimagining of the classic “Little Red Riding Hood” fairy tale. This has been a popular trend with game for the longest time, like with American Mcgee’s “Alice” titles.

Backers will also be able to get their physical add-ons, with no extra charge, since they already helped fund the game before its previous developer filed for bankruptcy.

While Rebellion will be rewarding backers with their promised prizes for the funding of the game, it seems the company won’t be updating the game for now. The reason given for this was that the game currently uses the “Unreal 3” engine and Rebellion has its own game engine that it uses for games.

The owners of Rebellion, however, said they would consider all possibilities for what they can do with the game, so it's possible that the game will get updated or maybe even rebuilt. For now, all fans can do is speculate.

IGN also revealed that there don’t seem to be plans for a sequel or follow up to ‘Woolfe,” as Rebellion is apparently still busy with other projects. The company owners said they would update fans through the game’s Kickstarter page when a decision about the future of “Woolfe” is made.

“Woolfe: The Red Hood Diaries” is a 2D platformer with 3D graphics and a variety of enemies to overcome. The game is currently available on Steam for $9.99.

Woolfe: The Red Hood Diaries - Launch Trailer (Credit: YouTube/GameSpot)