RDE Inc. (RSTN)

[TheVeteran]

$RSTN Management pooled their expertise, leveraging over 100 years of combined to restructure RDE during the lockdown and plan for the year ahead.

“RDE bought Restaurant.com on March 1, 2020. Fourteen days later, the entire country goes on a lockdown, including Restaurant.com. What we did as a management team … we took the time to restructure everything from service providers to our lease to reduce our operating costs,” explains Thakker. “We knew we were going to take a hit on topline, so when we come out of this pandemic, whether it’s 10 weeks or 10 months later, we were going to be ready to go. On the planning side, we also took time to rebuild and enhance our technology, we built our new product offering that we’re going to be coming out with in Q2. We are ready to go as we come to an end of this pandemic.”