RE:RE:RE:Potential Buyers
The key point that many investors seem to fail to grasp is that the SIO agreements are for a "pay per view" type of license. The contracts for "subscription" models, with unlimited downloads, are structured in a very different way, and usually meant for older or less valuable titles.
Even if SIO became successful with 3D Go! - something I doubt, as both the consumer and the CE industry have no appetite for it - outside of a hardcore, statistically insignificant niche of "crazy 3D enthusiasts" (if you catch my drift), there is nothing to buy there for the Netflixes of this world.
If any OTT provider wanted to offer 3D (hint: they don't), it would be quite cheaper to license content directly from the studios than to go through a small 3rd party like Sensio, acquire their huge deficit with nothing to show for it, just to reopen and re-negotiate the contracts to change them from PPV to sub. Makes no sense whatsoever.
The only differentiator SIO had was their "HiFi 3D" format. With that gone, they have nothing to offer to any buyer.
Note than no industry player has ever invested in SIO. It's always been institutionals and small investors. There is a reason.