What happened to Revision?

Forgive me I am way out of the loop I haven't been on the site much in the past year or so until very recently. I remember reading about how they fucked up and never shipped skis to people and stuff but I read a post in some thread about the company's "implosion" so what happened to them? Did they go out of business? Did they just stop making skis? Are they taking a hiatus to get their shit together and then get back at it? I'm too lazy to go look back at the long ass "Revision messed up" thread so somebody just tell me