UPTADE: 
 
I've emailed Cakewalk through the ORDER problem on the contact us section of the website. Follows the response I've received:
 
Thanks for contacting Cakewalk- I apologize for the inconvenience you've experienced. We have already instructed cleverbridge to shut down automatic payments, as we have officially closed our stores. While we were told this would be finalized by cleverbridge by the end of the month, it looks as if they are potentially doing things manually and some automatic payments were still charged.

I've gone ahead and contacted cleverbridge on your behalf to ensure they stop your membership, and to expedite the refund process for you. You will likely receive a separate email with verification of this change/refund directly from cleverbridge. 
Best regards,
 
Cleverbridge emailed me right away with cancelation and refund confirmations.

Willy Jones [Cakewalk]

guitarwiz1
I was only two payments from full ownership. Now my subscription is set to expire in June 2018.
What happens in June?

You are a full owner now and fully unlocked. Your payments will stop soon.
 
We chose June 2018 as the expiration date to give ourselves wiggle room in case we need to release an update. Picking a date in the future means you will qualify for any SONAR update released between now and June.

Thanks for the updates Willy. Your efforts are appreciated.