News on Cello Music Film Systems?

What is the status of Cello Music & Film Systems? Are they out of business? no longer works. thanks.......
ja, they be kaput.
To my understanding, Mark Levinson. lost control of Cello to Rick Adams - it was not a pretty sight. Adams sold off the company and all inventory last fall.

Cello sold to Matthew James, Inc., phone # 203.867.4008. I've been told they are now offering service on the original gear and will begin production of new equipment this summer.

I'm not a dealer, just a Cello owner who has been keeping track of what occured.