This preview certainly is a mystery, and we guess this was a working title for a game cracked by Russ Michaels from his Ironfist days.
This is a simple multi-directional scroller where you control a space ship within a maze. There is no interaction with any objects or anything to really do apart from explore the map.
We have no clues to who was behind the game and if it got any further than this. We expect that this was planned as a budget title of somekind.
Do you know anything more about it?