I haven't heard anything, but overall I'm not surprised. While they did offer one of the better products out there, it's hard to argue with Silver Ticket and Elite with their screens that cost less than half the price of Carada.
I think they really missed out on diversifying their product lineup over the years and while they had a great product in comparison to the DaLite, Draper, and Stewart standard products, they were likely getting hammered by Elite/Silver Ticket.
I'm not happy about this as it was a product I really liked in my installations, but I've really been pretty happy with what I've seen from others that are less money. I mean, you hang it on the wall and then walk away. It needs to look acceptable for most. Once you are ready to move up to a premium color balanced screen, Carada didn't have anything. They needed more materials and they really did need to come in with a few more price conscious products for the really budget minded.
Sorry to see them go.