The issue will raise $5,456,491 (before costs)which will allow...

The issue will raise $5,456,491 (before costs)which will allow the Company to commence the offline phase of its national branding campaign.

Key Highlights:
 Demand for sub‐underwriting allocation was heavily oversubscribed
 Funds to be used primarily on commencing offline marketing activities

The issue will raise $5,456,491 with
 Total of $8.5 million cash (after costs) in BANK following completion of the issue !!

So RNT shows ;

1) They still have 3M left in the Bank..so its Cash Burn rate is Not as Dire as you Fear .

2) They may use the Extra Cash to help Accelerate an already Successful Advertising /Client sales program . .by "Scaling it UP" .. on overdrive.

The Extra Sales Focus .. should lead to an Exponential Expansion in Paying Users and Services Sold .
Ide expect there will be More news and Presentations to Come ..pre CR close date .