I found this interesting on their page although it will be to early for acquisition right now:

PI Financial Corp.'s Investment Banking department offers corporate clients a comprehensive range of investment banking services and solutions, including:

• Initial public offerings
• Underwritten financings and Private Placements
• Merger and Acquisition Advisory services
• Divesture and Spin-out Mandates
• Acquisition Advisory
• Transaction Sponsorship
• Fairness Opinions
• Transaction Financing

Our banking professionals bring extensive industry and sector experience along with strong corporate relationships to better help you with your capital or business needs. We specialize in emerging, small to mid capitalization Canadian growth companies with particular focus on Western Canadian companies.

Our Capital Markets approach has been to build deep knowledge and relationships within a few key sectors namely; mining, oil and gas, technology, life sciences, alternative energy and consumer sectors.

Since 2003, our team has participated in raising over $3 billion dollars in over 300 equity transactions and completed numerous advisory assignments. In 2006, we ranked in the top 10 of all Canadian investment dealers in Canada for number of transactions with 74.

At PI, we are committed to building strong working relationships with our corporate clients. To fundamentally understand your business and to deliver timely value added banking or advisory services.

Maybe spin off is coming?

GLTA!