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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

Comment by RabidIsBackon Mar 04, 2016 10:01am
162 Views
Post# 24621595

RE:So next 7 march is coming ...

RE:So next 7 march is coming ...Wouldn't be the first time a failing company keeps up appearances until the very end, with customers coming in one morning only to bump into locked doors and an "out of business" sign - or, in 3DGO's case, an app that disappears from their list overnight or stops working properly.

You'll notice that while they've been posting a lot of hype and marketing after the month-long hiatus, they have not answered a single customer post since December 23rd, including complaints about erroneous billing and questions about availability in other countries or in other devices.

You'll also notice that they have not released any new movies since Everest on January 19. Ever since then, they've either been posting about that one and The Martian, or posting trailers and featurettes for upcoming theater releases. I looked at home video releases in February, and noticed at least one 3D title (Disney's The Good Dinosaur) that should normally have been released on 3DGO. I'm beginning to think studios have at least partially began to shut off the valves.

IMO, they're keeping the machine running as long as possible in order to squeeze every last penny they can towards paying the debt. Even if that won't make much of a difference in the end, I believe creditors are entitled to know that the debtor is making every possible effort, as trivial as it may be, to attempt to pay their dues. 

Seeing as 3DGO is a pay-per-view service rather than subscription-based, I don't think there would be much consequences for end-users once the service goes offline. Worst case scenario, a handful of customers might rent a movie with the intention of watching it later, only to find out they can no longer use the app or view their rental and that they can no longer obtain service or a refund... 



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