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Not that I've heard. I recall Shams saying that money wasn't the problem per se- they just didn't consider Majesty worth focusing on relative to other, more promising projects. So at the moment they're just sitting on the franchise.
 
I think the original programmers are out of the biz. One, Cyberlore Dev, has been making changes to Gold HD in his spare time but that's exactly what he can commit to - his spare time. And he's only one.
 
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I always did find it funny that a game thats been out for nearly 17 years has a beta, but yeah, it's quite good. Fixes up a whole bunch of compatibility issues, makes it work better with steam etc, fixes framerate. He's even thinking of adding multiplayer