Unable to raise money in New York due to the financial setback of his last film, he turned to Canada to raise the funds for his next feature film "Cossacks in Exile". In September 22, 1937, Avramenko returned to Winnipeg, and announced the creation of the "Ukrainian Film Corporation". At this distance from New York, audiences had seen and loved his film "Natalka Poltavka", but knew nothing about the questionable financial state in which it had left its shareholders, and Avramenko. Appealing unabashedly to patriotic Ukrainian sentiment, Avramenko sold rights to screen the new film province by province. Rumours circulated that he was using these funds to pay off old debts. Dr. Mykyta Mandryka, the secretary-treasurer of the new company seemed to be the only one to fully appreciate the situation, and wrote a letter to Avramenko. "We really do not understand each other, and this is why: you think it is necessary, above all, to start producing the film with or without money, and you believe things will somehow turn out well. You live on high hopes and faith in an imminent miracle. But that is not enough to handle people's money wisely." Avramenko ignored all advice and continued to ask for donations, borrow money, and sell rights, fundraising the way he had always done.