The end of pono?

I've just heard that Neil Young has given an interview where he says that they have made a number of mistakes, gone through a number of CEO's, with him now acting as CEO, and that he woul like to get out of the hardware side of things. Aparrently just becoming a licencing authority, e.g.
"Pono Approved" product.

Also, I read that Pono will be releasing hi rez Beatles files. Really? And I thought that the most recent vinyl was cut from down sampled copies and that nobody at on the production side felt it mattered to have hi Rez copies.

Anybody know what is really going on?