RE:RE:News If there is a successful bid by February 15 and 3DGO does get sold, won't that still mean the end of SIO?
My understanding is that they're trying to sell off the 3DGO assets as the moment, which are the only assets SIO has got left. If/once these are sold, SIO has basically no reason to exist.
Whoever would buy the 3DGO assets would most likely be a bigger company that wishes to integrate those assets to its portfolio. In all likeliness, that would probably be a VOD provider who wants to grab the niche 3D market for itself. They'd probably rebrand 3DGO with their own name and rely on their existing brand power and advertisement platforms to publicize it. There is no place there for SIO as an independant entity/subsidiary with its own management and offices - the assets would be absorbed by the new owner, and the company dissolved.
I think SIO is done no matter what happens - either 3DGO gets sold, SIO pays its debts with the proceeds, and they dissolve (if that happens, I doubt there would be any point in resuming trading). Or 3DGO doesn't find a buyer, SIO goes bankrupt, and the end result is basically the same.
The fat lady is singing right now. We're about to hear the last verse of the song. Whatever the lyrics are, the curtains are coming down afterwards. GLTA.