RENN Fund Inc RCG

RCG TRADING NEAR ALL TIME LOW

[argon12]

Leadership is weak.

The company can't even afford to pay a dividend because they pay executives and board members ridiculous size salaries and fee on a company with a mkt cap of $275 million.

The Richardson name meant something when old man George ran the show. Now it's controlled by the trust fund babies of the Richardson family and they leave the operations in charge to a over paid executive.
If they were smart they should pivot and look for a true entrepreneur to grow this business.

So sick of this $hit.

[matt2018]

maybe time to take the company private? with large chunk they alraedy own, would not cost much with a little premium down here.  sava a lot of money in fee's to keep it public. investor sentiment seems to be way down. no serious offer from everyone else to speak of. imo

[astutein]

Most frustrating stock I have ever owned. wealth management in last year increased by 8 nbillion and yet our stock drops to all time low. RCG refused to put of by Canaccord to vote by shareholders ays RCG undervalued. Canaccord was willing topay us $2.75. In best interests of shareholders BOd should re-initiate bid and  accept and put to .vote.  

[argon12]

You would think that they would start executing on their normal course issuer bid to buy back shares at this level. CEO is way over paid. He actually got a massive bonus last year. Too many people on the BOD for a company of this size. Richardson Family used to be a well respected family in western Canada. RCG has now become the "joke" of the industry. It's time to put the company on