My understanding is the same as yours; Marc bought the company and soon after dropped contact with a lot of dealers. I’ve bought five of their bows over the years from three different dealers, none of whom carry their bows today. From what I’m told, they’re still in business, although I have no idea how a person would go about buying one of their bows.
they were, and maybe still are, excellent bows at a great price. But I’ve heard far too many horror stories from their now-former dealers to trust them with my money again.