I agree and Al will be speaking at Osmium's upcoming investment conference so clearly a good relationship with one of RST's largest investors. It's remarkable that RST doesn't catch a bid with the rumored bid, the exploration of alternatives, the commitment asserted from Osmium, Nierenberg (now on Board), and Roumell, and the ~$40M of cash expected on the balance sheet at year-end. This could double within 12-18 months.
i to am a big believer in Al. He has an uncanny ability to simplify processes and focus on what's important - mainly cash flow. I just hope the BOD considers him for the permanent CEO role as I suspect there are few people as capable as him for this role. I'm a buyer of RST, like you, just because he's involved. I'd feel better if he was CEO.
I hope everyone is aware of Al Angrisani's involvement with this company, and what his track record is for successful turnarounds (100% thus far). Strap in, as this should yield fantastic returns as he executes on all phases of his proven plan.
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The Freemium Language training is killing them, They are trying to move from a B2C model to a B2B model. The B2C model drives profits revenues. They recently realigned to provide the B2B model as the core segment for the serious learner.
Too Little too late. They cant manage China, they lack focus outside of the USA except for latin america. People are leaving and the future is Dim for this once great American Company.