S left a couple of weeks ago because he needed to do something in RL which made him unable to continue the project.
Dynashock took over but it was to much for him to handle besides his job and had to quit. Instead of passing it on to the remaining team he decided to pull the plug (I think he was also paying for the server and stuff).
Also I noticed that lots of devs haven't logged in in a while, which most likely means that a large part of the team left shortly after S's departure.
Net_Creator (the one remaining dev I know of) decided to remake Epilogue as a new server (currently it is being discussed here:
http://newrp.phpbb3now.com/ under the name 'New Chapter') and is currently trying to get a new team together.