The recent rumor on MMORPG.com forums about a soon-to-happen sale of Fallen Earth, LLC to an unnamed entity are untrue. Lead Game Designer Lee Hammock posted today on the official forums the following statement:

Hey all,
Sorry for not getting on this sooner; a good part of the company was out at the Virtual Worlds conference in San Jose and so missed this post until today. Anyway, this rumor of FE being sold is not true in any way, shape, or form to the best of my knowledge (and I'm the Lead Game Designer so I tend to know these things). No idea what this guy on mmorpg.com is talking about; maybe Flora's theory about looking for a publisher is correct. In any case, we're moving ahead as well as ever if not better with no intention to sell.
Unless of course Generalissmo Pouches completes his diabolical plan, overthrows all the current management with his desktop mounted nerf cannon.

Lee Hammock

So there you have it folks!