There is no longer any connection between Genesi and MorphOS. They are two totally seperate things.
No support either way any more as far as I know
Even though Genesi indeed has nothing to do with MorphOS development past v1.4 (2004?), I believe Genesi's stance (from the past) is that they own MorphOS 1.4 in full. But when they stopped paying for MorphOS development, they said something in the lines of "Go ahead and continue developing MorphOS in any way you like, release it for any platform you like (even for AmigaOne(! Shock! Horror!

))" etc.
That has pretty much been the connection since then. Genesi has a silent claim for MorphOS 1.4, while the MorphOS Team freely went on far beyond that, the entire relevant Mac PPC platform has almost entirely been conquered, and MorphOS 2.7 has come a long way since then! At one point (as a prequel to the 5121e/"LimePC" development), Genesi paid for a port to Efika PPC, and that's why the Efika has been a supported platform sine MorphOS 2.0.
From Genesi's Point of View, I have no clue to whether MorphOS could play *any practical role whatsoever* in a Genesi future on ARM today? Probably not! Genesi has Linux/Android/ChromiumOS/Whatever, as well as all the relevant applications and "real" standards, official Flash support, etc, etc.
AFAIK, MorphOS is today being developed entirely on a hobby basis. On PPC only, for practical reasons mostly I guess.
But if the MorphOS Team would expand their ambitions regarding CPU architecture, I actually *do* think that Genesi and bPlan (and *Freescale* through them) would *actively assist* them in many ways! Through documentation, knowledge, experience, etc. Through early development hardware? Etc...
In *that* sense, I believe that the connection that still exists would be beneficial!

Otherwise I think it's just as you say JJ, "There is no longer any connection between Genesi and MorphOS"