RMA 0.00% 0.0¢ reeltime media limited

Wouldn't it also be prudent to ask when they are going to cease...

  1. 2,986 Posts.
    Wouldn't it also be prudent to ask when they are going to cease diluting the current shareholders by continuing to issue share to the last resort funders at 1 - 1.2c & come up with a strategy to maximise shareholder wealth rather than disipating it?

    I would start by attempting to have Ankara specify targets to which he can be held accountable. Customer numbers, revenue targets etc. Then to seek assurances that should these not be met than he will step down. He also needs to layout the strategy for the next twelve months - marketing costs & customer startegies, renegotiated supply deals for content, definitive plans for the box and its costing etc.

    Another good question might be why did he not follow through with the negotiated settlement with MSO when it was there to be had, rather than trying to grandstand and thus loosing the opportunity for a few dollars (& some closure) before MSO went into administration. Whilst we await Son of MSO to rise from the ashes cashed up & with a new management team, he will remain an unsecured creditor to the dead MSO in a long sorry line of people & companies .

    A true & definitive picture of RMA finances would be good along with estimates of how long RMA has on current cash burn rate before it uses up all the funds available to it through those last resort funding mechanisms it has utilised.
 
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Currently unlisted public company.

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