DNI Issues Cougar With Letter Of Default, page-5

Is There An Alternate Explanation?

Very possibly!

While DNI have presented their case-or at least a summary of it-shareholders have not seen Cougar's?

As stated on prior Posts, IMO this is a fantastic project. So good, DNI want to cut CGM out. Now DNI has announced its intentions to do so.

However, what is there are several other "unknown" facts and circumstances that throw a completely different light on events?

Either way when it comes to a JV and then legals, there are no winners...only losers, the shareholders. US.