Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

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.

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Sir Royalty Income Fund > Wow! Irvine Votes for Lembit!

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Comment by Robsopinionon Jun 08, 2021 10:32am

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Post# 33347335

RE:RE:RE:RE:RE:RE:RE:RE:RE:Wow! Irvine Votes for Lembit!

TBH I don't even know what they do anymore lol
they sold off the train unit, the plane unit, the recreational unit, so the only revenue stream I can think of them still having is the Government subsidy unit. And although that likely brings in massive amounts of money it's not really a business model.

sarcasm off :)
In all seriousness, BBD is one dog im not chasing down again. Luckily it was a very small investment.

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