RE:RE:Keg vs Sir SIR, certainly isn't in the best financial shape. It looks like Fowler was (personally) spending his profits as they came in during the good times and didn't leave much in the tank in case of a rough patch. That being said, although my personal opinion of him has diminished greatly with his actions this year, he is a seasoned restaurant veteran. He has survived recessions and downturns in the past. It may be a few years, but I'm sure he already has a plan to reduce the corporate debt and get the company back on stable financial ground. Especially now that withholding royalties is no longer an option.
The keg, which I'm also holding a decent position in, for me is a wait, and collect the distribution, until Recipe buys out the remaining holders. I don't foresee it being around much longer.
BP's food is just garbage I can't invest where I wouldn't eat
The income trust model as we have in these scenarios is dead. There likely will not be more of these because in the end, there are better options for restaurant companies out there now (private financing)
we have something like 92 years left on the SRV agreement, and worst case scenario, we still own the trademarks and rights. That in and of itself holds value.