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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Comment by Robsopinionon Jun 03, 2021 12:23pm
71 Views
Post# 33319319

RE:RE:The Management Information Circular...

RE:RE:The Management Information Circular...

I agree the fight was started by Fowler. Not only did he start it, he continues to be aggressive and antagonistic in everything he does. I feel his actions not only tarnish his personal reputation, but are also very damaging to the company he started and built into what was one of the most successful restaurant chains in Canada. He certainly does not see his stakeholders as partners, and that is a real concern. 

I also feel the same, that Irvine will side with Fowler no matter what. 

Todate, I have only seen positive results from Janes actions. I am also impressed that he has not stopped to mud slinging, despite the way he is trying to be portrayed. 

Only a few weeks now for them to purchase more votes (in the form of units). It will be very interesting to see what added value they place on the voting rights for the meeting above and beyond what the intrinsic value of the units are. 

Im going to need more popcorn. 

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