That all seems to hold together:
http://www.bicycleretailer.com/industry-news/2013/08/01/divine-tells-local-paper-serotta-shutdown-temporary
I'm guessing though that the company bought them for the name so it's probably not going to happen. I may be wrong though. My understanding is that the purchase of Mad Fiber by the same people has been a boon for them and gave them enough capitol to ramp up production.