The SAI "explanation" is a fairy tale ending (for SAI). SAI want to compete with SPF. They go to South Africa and meet CAV, a valuable local contact with plant already in production producing proven similar chassis's, who proceed then to do R&D, develope jigs and molds and establish a production facility, probably in good faith. SAI meet all the CAV people, (maybe do not pay upfront any developement money), then SAI locate a building and pressure CAV some way, legally or other, and they make some sort of settlement and remove all the "goods", INCLUDING attracting away the CAV personnel (that is never a fair deal). SAI now seem to have what they wanted, without any partner. Sorry I do not believe in fairy tales, having developed international plants (not auto) for a life-time. South Africa is a tough place to work, and far away, and problems will now be ahead, without a local partner. I trust that CAV's GT40 production will continue in good shape. Any agreement that is not mutually beneficial will never work and is wrong. I also hope that fellow Cobra potential owners do not get hurt.
John.