Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 14, 2016 3:43pm
236 Views
Post# 24767827

RE:RE:RE:3DGO is shutting down.

RE:RE:RE:3DGO is shutting down.I think it's pretty obvious there was no sale. A buyer would have wanted to retain the existing customer base - else they might as well just start their own competing service.

I had the impression this would happen when they announced that the only interested parties were Chinese and that both deadlines had already been missed.  Chinese companies have their own way special of doing business, and often, they'll act interested but actually have their own agenda...

I do think they're shutting down on pretty short notice, though... tomorrow's the last day to make a rental, and by Monday 3DGO will be no more? Something tells me this is not just about not finding a buyer (although that remains the root cause)... could be that one of the big players on which 3DGO depends has had enough and decided to shut off the valves. Could be Neulion, or maybe one or more studios have decided to pull their titles. From what I could see in the past few weeks, many Universal titles and pretty much all the low-quality documentary content has vanished from their library (at least from their website). If Disney and/or Paramount have decided to pull their titles, that leaves 3DGO with no content to sell. 

I guess that also sets the table for a declaration of bankruptcy next Thursday. Nothing would justify another 45-day extension at this point. 
<< Previous
Bullboard Posts
Next >>