I have no idea if true or not but it would not shock me.

Consider:
- Bitmain recently releasing previously unannounced blake miner with shipping within 10 days
- Competition heating up in sha256 mining space so bitmain looking for new markets
- Bitmain seems to be rolling out miners for new algos in blitzkrieg fashon
- Would fit pattern of bitmain building asic chips for gpu algos
- threats from dev teams to change hashing algos or switch to Proof of Stake does not deter them

Where it ends I do not know.