They did, but they launched their line of speakers about the same time as our Saudi friends decided to fly three US airliners into the heart of US commerce, the heart of the US military, and the White House or Congress (that flight brought down by heroes in a field in Pennsylvania.)
Michaura basically sold its inventory to ubid.com which blew these speakers out at ridiculously low prices. If you ever get a chance to buy a pair of Michauras, the M22 like M55s, the M50 like M66s, or the M60 like M665s, GRAB IT!
These speakers are incredibly good. Sound quality very, very similar to Axioms, but in my humble opinion, better. Maybe its the hexagonal shaped cabinets, dunno. A fluke maybe. But they are superbly built, beautiful to the eye, and incredibly wonderful sounding.
Enjoy the Music. Trust your ears. Laugh at Folks Who Claim to Know it All.