Touchstone Strategic Income ETF V.SIO

Well

[Sailor99]

As the priorities change yet again from tech to money we have to wonder what will happen.
Looks like the campaign to get investors to exercise their warrants did not work, after today only three trading days left and going by todays trading and what lies ahead it`s very unlikely that even the Caisse will consider another life line.

We touched another year low today (0.105) and it`s not over yet.
BMO has a wall at 0.115 of 152.000 shares.

At this stage if SIO paid up the advance royalty bill of over $900.000 we are using the overdraft account, if they did not it`s a matter of time and I stick to my prediction of within a month we`ll be looking for money again.
We tried debentures-loan with three extensions in 2013 and ended up selling the farm adding as of today 50.000.000 to our previous S/I.

So will another PP be the route and at what insane price if we are trading where we are now?.

To be honest I did not think or expect to be where we are now.
It sure did not look like it could happen.

I blame it on management again, we have a man trying to do both jobs and failing miserably on the money one and not leaving up to the expectations of the other one (mainly 3DGo).

Streaming to all devices and the Intnl Launch need time and money an stated by Routhier, we are ahead of last year but not nearly as ready as we should be.
We should have debuted with 12 countries (still a mystery which ones) last December.
And the streaming to all devices still also a work in progress as told by Routhier last CC.
The magic 50 or 100.000 are just something incomprehensible as to how they got there and how we measure ourselves by.
It does not matter what kind of numbers we follow, from LG and Samsung Stores from projections and promises the only numbers that will count are lots and lots of paying users and much more revenues.Till we accomplish that we`ll be crawling.


We have to raise money yet again and the prospects of getting a fair deal are almost nil leaving us yet again holding the basket and praying.

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19. CAPITAL MANAGEMENT

The capital of the Company consists of shareholders' equity.

The Company's objective in managing capital is to ensure a sufficient liquidity position to finance its

research and development activities, selling and administrative expenses, working capital, capital

spending and advances on royalty payments.

To fund its activities, the Company relied primarily on public offerings of common shares in Canada,

private placements of its common shares and revenues from its operating activities. When possible,

the Company optimizes its liquidity position using non-dilutive sources, including investment tax

credits, grants and interest income.

Capital management objectives remained unchanged compared to the previous year. As of May 31,

2015, cash and term deposits amounted to $1,536,369 and tax credits and grants receivable

amounted to $16,751 for a total of $1,553,120. The Company believes that it will be able to raise

capital and realize sales in order to meet its business plan objectives.

To maximize its efforts in the development and commercialization of its technology, the Company

does not pay dividends.

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If anything, changes in the short term wont be drastic changes to alter much.
I don`t think a loan even as they are still trying will be feasible and investors following the stock know all they have to know when a PP is offered.

Always hoping still but running out of room.

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One of my favorites post by CMax.
I`m rough around the edges but this post explains it right on.

CMax

CEO?

It's a question I have been asking myself since last AGM (january 2014)...would Sensio be better suited with a new CEO going forward?

I congradulate the founders for their vision, their patents applications around the world before 3D became mainstream again, obtaining many patents and generate revenues from those. It's quite an accomplishment. (heavyweights like Sony and Samsung don't write checks easily).

Like many companies who grow up, founders are visionnaries that need to be replaced by real executives who have experience growing a business, contacts in the sector and allies in the financial community.

Now that 3DGO! on LG is behind us, the timing is right.

IMHO, Sensio shareholders and potential investors need to hear a new voice.

Good luck to all!

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AS OF 2.55 PM.

House Positions for C:SIO from 20150929 to 20150929

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
80 National Bank	30,000	3,550	0.118	1,000	125	0.125	29,000	-3,425
19 Desjardins	27,000	3,375	0.125	0			27,000	-3,375
7 TD Sec	49,193	5,529	0.112	26,000	2,860	0.11	23,193	-2,669
79 CIBC	7,000	874	0.125	0			7,000	-874
85 Scotia	3,400	375	0.11	0			3,400	-375
13 Instinet	3,000	375	0.125	0			3,000	-375
1 Anonymous	10,500	1,229	0.117	9,000	1,005	0.112	1,500	-224
36 Latimer	400	50	0.125	800	89	0.111	-400	39
15 UBS	0			1,000	112	0.112	-1,000	112
88 Credential	0			3,000	330	0.11	-3,000	330
9 BMO Nesbitt	1,000	110	0.11	32,500	3,737	0.115	-31,500	3,627
2 RBC	9,000	965	0.107	67,193	8,174	0.122	-58,193	7,209
TOTAL	140,493	16,432	0.117	140,493	16,432	0.117	0	0

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V:SIO 14:57:21

Price	Size	Orders
Ask
0.145	63,500	3
0.14	50,000	4
0.135	18,000	2
0.12	1,000	1
0.115	155,000	6
Bid
0.105	88,500	5
0.10	54,150	8
0.095	32,000	5
0.09	20,000	1
0.085	4,000	1