My issue was with the IPS 4.0 SP4 install.
When i created the new sia i wasn't able to start it and didn't have logs/trace either.
Hence i decided to remove everything and try a fresh install ( unfortunatly i didn't check the serverpid ...)
Now i'm having an issue with my oracle database so it will be my new focus till i can finalise the install with cms & audit database on oracle. It's working fine with MS SQL 2008.