Gotta love rumors!
Especially rumors that are six months old, during which time several lawsuits have been filed, no patent has appeared, trademark registration has been denied, etc., etc.
At least, the Loose Screws seem to be doing okay, even if "Breathe in, Breathe out" is one of the dumbest songs I've ever heard. (Though it makes me laugh - reminds me of a "Dumb Blonde" joke I heard many years ago...)