Membership Renewal Is Required

"SONAR will go into Demo Mode in ____ day(s). Renew your membership or buy SONAR before time runs out."

Can anyone answer why this message pops up whenever I open Sonar? I've seen money leaving my account every month for a full year and was under the DISTINCT impression that after a year, whether I opted to continue paying or not, I actually OWNED the version of Sonar I last downloaded. Manchester, I believe it's called, as of this post.

But am I mistaken? In 11 days will I be reverting to Demo Mode as the red warning box tells me?

Thanks you scook for your reply. 
Like Hanemkat, I am also understanding that we can use our latest version of CW software if we do not renew the "subscription".  Is this correct or not?

Perhaps this has do do with the Update 1 for Manchester or something like it:
http://www.cakewalk.com/Support/Knowledge-Base/2007013449/SONAR-2016-Manchester-Update-1
 

I'm having a similar problem.  I did DL the latest version of C3 and installed Manchester just tonight so I should have the latest patch, (I'll need to check the release number though).  I'm getting the "running in Demo Mode" message.  I was able to roll back to Lexington.
 
Thanks.