iShares High Quality Canadian Bond Index ETF T.XQB

News!!!!!

[dinghyman]

Fareport Capital talks continue, not much action 2007-01-12 17:14 ET - News Release Mr. Lou Elmaleh reports UPDATE Fareport Capital Inc. provides an update with regard to its compliance with Ontario Securities Commission (OSC) Policy 57-603. Further to the Fareport news release in Stockwatch dated Dec. 29, 2006, the company reports that progress is still being made and discussions and negotiations continue with respect to a new financing arrangement with potential arm's-length investors. However, there can be no assurances of a successful conclusion. The refinancing will be subject to completion of agreements and shareholder and regulatory approval. The company is currently up to date with respect to its financial statements and management reporting. The unaudited financial statements for the three months ended Oct. 31, 2006, and for Oct. 31, 2005, and related management discussion and analysis have been filed on SEDAR. Regarding the previously announced agreement to settle the civil claim against Fareport's former management, advisers and certain investors, the revised settlement agreement should be completed pending the execution of settlement documentation and mutual releases and the closing of a new financing arrangement. The temporary management and insider cease trade order (MCTO) imposed pursuant to OSC Policy 57-603 continues to be in effect. The MCTO prohibits present and certain past directors, officers and insiders of Fareport from trading in securities of Fareport. Fareport will continue to provide updates on these and related matters in accordance with OSC Policy 57-603. We seek Safe Harbor.

[chrisaccord]

The text of that news release will be pretty much standard for v.CAB (and released on a bi-weekly basis) as it is more of an OSC compliant update. However, most encouraging is that all of their SEDAR financials and MD&A has been filed and up to date. This shows that a new finacing must be close. In their Dec. 29, 2006 v.CAB suggested a new financing should be tentatively agreed upon by mid

[dinghyman]

Shouldn't be long now hopefully.

[chrisaccord]

Over 3.1 million bid at .01 !!! (not even including the all or nothing bids)