Michael SprungEntertainment One Income FundEOF.UN.TOSELLDec 07, 2005

Distributors of CDs and DVDs. Unfortunately has been one of the broken trusts in 2005. They cut their distribution by close to 30% in the latter part of 2005.

The largest national wholesaler of DVD's and CD's in Canada. Recently made a US acquisition of a content provider. This will be less seasonal and cyclical with higher margins. At the current price, the distribution is 24%.