CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

Worse than I thought

[BayWall]

They owe AIVIA-Aeroplan money of which $432,000 is in default. They could lose the Aeroplan reseller privileges. This could be bad.

List of creditors: https://harrisreceivers.com/ESW/Files/Notice_to_Creditors_-_Appointed_Monitor.pdf

What has management been doing all these years? Did they not see the troubles ahead? Yet Mark Farrell talked about "acheiving profitability" operations and the "next level of success". (March 29, 2012 news release)

[RE38]

Read the reasons for decision - had they waited any longer Aeroplan would have terminated the agreement but they got the stay order from the CCAA just in time.

[BayWall]

I saw that also with Aeroplan's demand. I think the deadline was Oct 16. That was the day the stock was halted.   Have to satisfy Aeroplan first. Otherwise it will seriously impair operations, as it makes up 75% of their revenue.   It was Dave Campbell, not Mark who referred to "acheiving profitability"  (March 29th news release).   I would review all the