You can check the full report on lambbarn fanbox, but long story short, the "company" is a programmer dude, and the art was made for him by an artist called vcxz, who had some kids and his life became too busy to work on this project. If you look at his fanbox, you will see many teasers of new scenes that would be added on the final 2.0 update. But because the artist cant continue the work, and the developer wont change the artist, he said in another instance something like "well, if he shows interest someday, we can finish it. And in retrospect, i think it was wrong to keep teasing you guys if i already knew that finishing it was going to be next to impossible."
So it's abandoned. Join the hope train.