it's actually turned out much worse than that.
1) fractal compression never worked very well, not for lack of trying. it's just a bad idea if you actually think about it.
2) the company is now involved in penny stock scams
and is using the wikipedia to prop up their claims.
see http://en.wikipedia.org/wiki/Talk:Fractal_compression where the conclusions from the definitive research and the FAQ are being kept out of the article. i tried to keep the page sane, and in return i got a campaign of assassination run against me and my edits all over the wp.... which i won but i was unable to fight 2 editors back on this page. and then i ran out of time and gave up. anyway, if you can help, please do!