-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 tDLol7pAspKNxHXwbPzD3A==

<SEC-DOCUMENT>0001277006-04-000009.txt : 20040608
<SEC-HEADER>0001277006-04-000009.hdr.sgml : 20040608
<ACCEPTANCE-DATETIME>20040608135516
ACCESSION NUMBER:		0001277006-04-000009
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20040608

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPROTT ASSET MANAGEMENT INC
		CENTRAL INDEX KEY:			0001277006
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		200 BAY STREET
		STREET 2:		STE 2700 P O BOX 27
		CITY:			TORONTO ONTARIO
		STATE:			A6
		ZIP:			M5J 2J1
		BUSINESS PHONE:		4169436706

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MDI TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001082575
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				841165714
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-79889
		FILM NUMBER:		04853496

	BUSINESS ADDRESS:	
		STREET 1:		940 WEST PORT PLAZA #100
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63146
		BUSINESS PHONE:		314-439-6400

	MAIL ADDRESS:	
		STREET 1:		940 WEST PORT PLAZA #100
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63146

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PANORAMIC CARE SYSTEMS INC
		DATE OF NAME CHANGE:	19990607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PANORAMIC CARE MANAGER INC
		DATE OF NAME CHANGE:	19990324
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>g130504m.txt
<TEXT>
MDI Technologies, Inc.
Common Shares
55271D107
May 31, 2004


CUSIP 55271D107
1. Sprott Asset Management Inc.
   Suite 2700, South Tower, Royal Bank Plaza, Toronto, Ontario  M5J 2J1
   Canada

2. n/a

3.

4. Ontario, Canada

5. 743,000

6. 18,895

7. 743,000

8. 18,895

9. n/a

10. n/a

11. n/a

12. BD


Item 1
(a) MDI Technologies Inc.
(b) 940 West Port Plaza Drive, Suite 100
    St. Louis, Missouri
    63146
    U.S.A.

Item 2
(a) Sprott Asset Management Inc.
(b) Suite 2700, South Tower
    Royal Bank Plaza
    P.O. Box 27
    Toronto, Ontario  M5J 2J1
    Canada
(c) Canadian
(d) Common Shares
(e) 55271D107

Item 3
n/a

Item 4
(a) n/a
(b) n/a
(c) (i) 743,000
    (ii) 18,895
    (iii) 743,000
    (iv)  18,895

Item 5
n/a

Item 6
n/a

Item 7
n/a

Item 8
n/a

Item 9
n/a

Item 11
June 7, 2004
Neal Nenadovic
Chief Financial Officer

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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