Below is series of questions I have put management via Investor Relations: My continuing participation in this company is heavily weighted to their response. What else should have I asked?
Have you considered releasing more information about the business more frequently? We are currently getting Rent Resume updates but this information is available on the website, can you also include monthly updates about local advertising & $10 Ad product or anything else about how sales are performing?
Given that the business has invested $1.2m in software development over the past 2 years, are you developing a mobile app? If yes, can you update the market on when you expect to release it? If no, why not?
I have rent resume, I very rarely receive anything from the business (email or social media). How are you driving product & listing sales from this database?
It appears that the business does not have any significant relationships with any of the major national agencies, which would be great channel partners. What are your plans in the space? Why are you not been able to establish these relationships to date?
The most recent quarterly release was very disappointing and it appears to show that turnaround is losing momentum.
Your responses to the above questions, along with any other information that demonstrates that there is a credible plan to grow the business, is appreciated.
RNT Price at posting:
6.3¢ Sentiment: Sell Disclosure: Held
