More info are surfacing about the state of readiness of Sony Santa Monica's new IP led by God of War III Director Stig Asmussen, that has been canceled a couple days ago, causing the loss of several jobs at the prominent first party developer.

According to NeoGAF user DemonNite, that is well known for working for Sony, even if his actual identity is a well guarded secret, a teaser of the game was already being prepared:

A teaser was being prepared - so take whatever you want from that.

He also mentioned that the project was still fully on track until last week:

I wouldn't read too much into his comment about the SSM game to be honest. It was also still fully on track the other week so things change fast.

Finally, he also said that we probably won't see rogue assets of the game like with Sony London Studios' canceled PS3 project Eight Days:

That will never happen... unless an artist leaves it in their portfolio like Eight Days.

If you're curious about a possible reason for the cancellation, Rocket Chainsaw published a report alleging that the new IP was judged too similar to Bungie's Destiny when the game was announced by Activision, and that caused a radical rework that unfortunately didn't go as planned.

It's quite interesting, even if of course it should be taken with a grain of salt, like everything coming from insider information and not directly confirmed by Sony.