Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

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Comment by jcw604on Mar 14, 2021 11:24pm

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Post# 32796459

RE:RE:RE:RE:Meanwhile....

SIR Corp is a private company. If it were a LTD company, as a owner, I will develop a new product under a different company if I sense any possibility for my LTD to go bankrupt, so that the new product will not be confiscated by my lenders. With regenate chicken developed under SIR Corp, there isn't really a remote possibility that it is going to bankrupt. JMHO.

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