E-mu mophatt won't play multiple channels on Cubase 5

You need to get the manual and find out if it has different modes or functions.

Like on Yamaha keyboard you can be in voice mode where all the synths resources are used to create the best single voice it can.

That can be useful if you can build and record your tracks one at a time.

Mulititymbral mode would be 16 possible voices on 16 channels.