Divine.. If CKYS wasn't happy with the KeepSafe, they had no choice but to break the contract.. I would say that by not paying the invoice, they in effect cancelled the order.. but in doing so, apparently they also broke the Manufacturing and Distribution Agreement the two signed.
Anyway, I too have heard the same rumor.. not saying I believe it just yet.. I just found the timing of the SQUM announcement quite odd.. why did it take so long for them to announce the default? Could it be that CKYS found another supplier?