Is THQ going down under?

Is this the end for THQ?

Saints Row and Warhammer publisher THQ might be in trouble. Twitter updates from games industry veteran Kevin Dent may hint at the company’s coming demise.

According to Dent, the company canceled their entire 2014 lineup, and are currently offering themselves to Asian firms in order to increase their value.

The Game Workshop’s massively multiplayer online game, which was most likely Warhammer 40K: Dark Millennium Online, has also been canceled.

More so, “word is spreading that THQ has returned IP to Disney AFTER paying the advance, with no refund,” according to Dent. Cars would be one of those IPs.

Considering Metro: Last Light, Darksiders II and Devil’s Third are all set to debut before the end of 2013, their release shouldn’t be anything to worry about. Homefront 2, however, was was announced for THQ’s fiscal 2014.

Thanks, NeoGAF.