Hi Cheapseats, sorry for the delay....

If I'm not mistaken IIROC is a Regulatory Body looking for trading scams (Shells), fraudsters ect. on the Canadian Public Markets, if you feel something does not look right you can report it to them & they will look into the matter all in total confidentiality.

For Mutual Funds what we have to look for is a Public Report & Buy, Hold, Sell recommendation from the institutions either a Major Bank or a brokeridge firm like Research Capital that makes a regular report on AMS.

Quite often Banks will take a position before they release their report on a company, they want to get in at the cheapest price & quite often when they have a set price tarket in all likelyhood they will sell. That being said they always re-evalute their position on a regular basis if the growth & fundamentals have improved or worsened.

Hope that helps, I presume you have IIROC's website, if not here it is.....

http://www.iiroc.ca/English/Pages/home.aspx

Looking at the trading the last couple weeks I think the speculation phase is almost over, by the looks of it the market either buyers or sellers are in a hold position & waiting on some news; 1) Hawker project 2) Data Streaming test results & the speculation aspect of Airbus 3) positive 3rd quarter results 4) last but not least contracts & future growth developments.

I'm looking forward to Q3 results, we have acheived Cash Flow Positive last quarter, going by recollection we beat M. Kafavian ( Research Capital ) CFP call by a year & in his latest report he still call's for CFP. I think we will be another large step ahead for Q3 meaning Break Even if not on a per share basis which would be less that 410k, even that would be quite an accomplishment.

Next week I will complete my number crunching post, talk to you all later.......

All the best to all & a Great Thanksgiving