I think it's safe to say at this point that we are all playing a dead game.
I refuse to think that a company would be so inept in software development to work 2 years on some updates without using an existing user base for feedback. so that leads to the conclusion that they are not working at it, just keeping it afloat.
My theory is that the new owners bought it for the user base, with the idea that they might polish a little bit the UI and make some easy money.. however, they probably discovered what a headache is to work with the old code and the return of investment being too small (this type of game probably doesn't sell as well today), so they took the decission to cut their loses.
In a way, fair enough, I get it. And (through this annoying silence) they are honest about it. they haven't announced anything new as they know they won't do anything new.
So, I've personally lost all hope that we will see any meaningful updates to the game moving forward..I guess we should at least be grateful that they don't close the servers completely.
It will still probably be fun for a bit longer as there still is a decent amount of users around.