There has been news on what has happened to my knowledge, but it likely has something to do with additions to the game, bug fixes, and things of that nature. When it's ready to be re-released, HullBreach will do so, probably with awesome additions. :P
If you really want to play the game, simply play the Wii/PC Version of the game.
It's my job to help the next generation, and set a good example for them. And for that I'll gladly lay down my life.