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Touchstone Strategic Income ETF V.SIO


Primary Symbol: SIO

The Fund seeks a high level of current income with a focus on capital preservation. The Fund invests, under normal market conditions, at least 80 percent of its assets in income producing fixed-income securities. This is a non-fundamental investment policy that the Fund's Board can change upon 60 days prior notice to shareholders. Income producing securities generally include corporate debt securities, mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and preferred stocks. The Fund will engage in frequent and active trading as part of its principal investment strategies.


ARCA:SIO - Post by User

Touchstone Strategic Income ETF > They will present the resutl of next Q ?
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Comment by j_harbaughon Jan 18, 2016 11:49am
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Post# 24468880

RE:RE:They will present the resutl of next Q ?

RE:RE:They will present the resutl of next Q ?
3D_Guy wrote: Massi, in all due respect, a chance to do what?

They fired all their employees on Dec. 23.  There is no one left to run the machine,
except Choquette and Routhier, who are there to liaise with Deloitte (Choquette)
and sell the IP (Routhier).

Everything of value is licensed to Wi-Lan and/or in the process of being sold.


So if that's the case, who is taking care of the app?

I have a hard time to believe that they can't extract more than $1M of value in selling this stuff, pay off the creditors and go on, or at least pay a pittance out to sharesholders. A pittance being greater than 2 cents and therefore upside from the current stock price.
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Dealroom for high-potential pre-IPO opportunities