"In June 2015, our representative to the PDS management committee filed with the Judicial Arbitration and Mediation Services (“JAMS”) a demand for arbitration pursuant to Alliacense’s non-performance under terms of the Novation Agreement. The demand seeks a declaration of the respective rights and obligations of the parties under the Novation Agreement. This matter is set for three days of arbitration currently commencing on May 17, 2016. "

Ouch, why in five months?
Every day without Alliacense fulfilling its obilgations is one day too much!