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Majesco and its indie label Midnight City are facing serious trouble, a new Gamasutra report suggests.

The site makes note of the following excerpts from a recent filing with the Securities and Exchange Commission:

“the reduction (in workforce) includes development and game-testing, selling and marketing, and support personnel. We are currently not developing any significant new games for release in fiscal 2015.”

“we have suffered losses that raise substantial doubt about our ability to continue as a going concern. Accordingly, we are evaluating various alternatives, including reducing operating expenses and personnel costs, securing additional financing for future business activities, and other strategic alternatives including a sale or merger of our company.”

Gamasutra goes on to mention that Majesco’s indie publishing label, Midnight City, is facing trouble as well. Midnight City published Costume Quest 2 and is bringing Gone Home to Wii U.

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Two more Virtual Console games have been rated in Australia. Little Ninja Brothers as well as Flying Warriors entered the database today.

On another note, Duck Hunt has also been rated. Though thanks to the latest Nintendo Direct, we already knew that it’s on the way to Wii U!

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Capcom (via Siliconera) has shared new details about Monster Hunter 4 Ultimate’s second DLC quest. You can find the information rounded up below.

– First request from Nekote is to take out the venomous Bird Wyvern, Yian Garuga
– Yian Garuga is one of the monsters that can be found at the Unknown Forest
– Unknown Forest constantly changes
– Second request is to defeat the giant Akantor
– Nekote’s quest will give you less time than usual to beat it
– Third request has players battling Ukanlos
– Ukanlos: the enormous Flying Wyvern with ice attributes
– Lower time limit for Ukanlos as well
– First 2 parts require players to be of HR 4 or higher to take on
– The one against Ukanlos is set for players that are HR 7 and above
– The first two can only be completed once
– Third one is is repeatable
– There are also DLC quests with familiar faces coming on November 14
– Will be free

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Earlier today, Bandai Namco put out a press release for Lost Heroes 2 with a whole slew of details about the game. Gematsu weeded out the new information and has provided complete translations. You can find the full overview below.

Story Overview

Feeling impending danger, legendary heroes come upon Kaiser Belial gathering the Fragments of Regis in an attempt to revive Regis.Their efforts fail, though, with their powers sapped by Kaiser Belial and their lives in jeopardy. With nothing to get in the way of things, the power of the Fragements of Regis are unleashed, raining down darkness upon the world once more and bringing back the evil world of Cube as the forces of justice watch powerlessly. As the bastions of darkness intently pursue that power for its own ends, the Lost Heroes rise up and bring the fight to the enemy in the hopes of preventing Regis’ return before it’s too late.

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