Has Production on Astroboy Shut Down?

Looks like it.

(via /Film):

"Sadly, they’re now reporting that production on Imagi’s Astroboy movie appears to have shut down. This comes just days after I last reported on the film, on how it appears to have just scraped through it’s troubles with the recession. They have no official word on the matter, just information from those that have been working on the film."

I may have had some slight reservations about this project before but I certainly would never have wished this on them. I hope they find a way resume production.