Cirrus in LSA as of this morning. But not with a new design

Ken Finney wrote:

Here is my understanding:
A South American country (Columbia?) wanted to buy completed 701s to
use as military trainers. Heintz didn't want the headache of
building the planes and exporting. Heintz licensed the design to a
company in that Country, but forgot to limit the terms of the
license. Basically, Heintz screwed up big time by not limiting the
terms of the license, or prohibiting its resale. The license changed
hands several times, and finally ended up with ICP. After evaluating
the design, ICP decided they could do better, and designed the
Savannah. Comparing the 701 to the Savannah is a lot like comparing
the Ford Model T to the Ford Model A.

Good story and you'd think I would have heard or read it in the almost 6
years I've been a Zenith builder and talking to a bunch of Zenith builders.
DO you have a cite for it? If so it will end a lot of coversations.