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CPI AEROSTRUCTURES INC Director's Dealing 2006

Apr 27, 2006

34768_dirs_2006-04-27_db94f90b-7d85-4aef-92ef-7da39aa7ebda.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CPI AEROSTRUCTURES INC (CVU)
CIK: 0000889348
Period of Report: 2006-04-25

Reporting Person: MIDWOOD CAPITAL MANAGEMENT LLC (10% Owner)
Reporting Person: Cohen David E (10% Owner)
Reporting Person: DeMont Ross D (10% Owner)
Reporting Person: MIDWOOD CAPITAL PARTNERS LP (10% Owner)
Reporting Person: MIDWOOD CAPITAL PARTNERS QP LP (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 545749 Indirect

Footnotes

F1: Represents the 242,831 shares directly owned by Midwood Capital Partners, LP and 302,918 shares directly owned by Midwood Capital Partners QP, LP. Midwood Capital Management LLC is the sole general partner of each of the aforementioned limited partnerships, and David E. Cohen and Ross D. DeMont are the sole managers of Midwood Capital Management, LLC. Each Reporting Person disclaims beneficial ownership of all such shares, except to the extent of its pecuniary interest therein.