Sir Royalty Income Fund SIRZF

Legality of Renegade Chicken

[BlueJay2020]

Just thinking about this a bit more.  I've checked their menu and it's pretty extensive - and a lot of thought has obviously gone into it.  One 'location' already seems to have almost 50 reviews online.

Is it within the terms of the agreement with the Trust that SIr Corp can basically compete against itself selling chicken menu items under a different brand, which conveniently is not covered by the trademark agreement? What are Sir Corp hiding here?

[flamingogold]

Not only was the $3.55 an insult, now they are launching a new brand under the same roof that we shareholders are entitled to receive distributions on sales for... which we are not getting at all. This really stinks.

[Robsopinion]

Website: renegadechicken.ca hit the "contact us" button email: [e-mail] sign up for email list. Small box to click that says " I would like to receive futures emails from service inspired restaurants. 

[flamingogold]

And Janes sells a lot of chicken.... both offers are weak. Don't give them your shares. We can acutally make a difference.

[BlueJay2020]

You're absolutely right - this is one of those very rare occasions for a publicly traded company where we can.  Hence, one of the reasons I added today to an already full position.  I'm hoping that eventually, Janes will start sending me boxes of chicken fingers and fries :)

[wildrunner11]

I added as well but curious who was selling today, a couple of large ask orders were put in at 4.59 and a bit higher. 

[babedinkleman]

This post has been removed in accordance with Community Policy

[lostcauses]

My guess is Janes wont be near the 825k shares they want to allocate, thus supporting the price after 11 Feb by  buying on the open market.

[lostcauses]

Off course when the price dips into the 3's again I will be buying too before they do. heheheh

[flamingogold]

What ticks me off is Renegade Chicken is piggy backing off the SRV brand. How many people will go into the app like I did thinking to order from Jack's or Scaddabush and then see this new chicken place and decide to try them out and come back afterwards as well. This is lost current and future sales to SRV unit holders. This is wrong, we are being robbed and not just by the lousy buyout offer.

[pjn0987654321]

They don't call it "renegade" chicken for nothing!  

[BlueJay2020]

I've sent a list of questions to SIR IR.  Will let you know if I hear anything back.  Not holding my breath.