BKD, LLP (BKD) was replaced as the
independent registered public accounting
firm to Renn Fund, Inc., (the Fund) effective
July 6, 2017. The Funds Audit Committee
participated in, and approved, the decision to
change auditors. BKDs reports on the Funds
financial statements for the fiscal year ended
December 31, 2016 contained no adverse
opinion or disclaimer of opinion nor were
they qualified or modified as to uncertainty,
audit scope or accounting principles. During
the Funds fiscal year ended December 31,
2016 and through July 6, 2017, (i) there
were no disagreements with BKD on any
matter of accounting principles or practices,
financial statement disclosure or auditing
scope or procedure, which disagreements, if
not resolved to the satisfaction of BKD,
would have caused it to make reference to
the subject matter of the disagreements in
connection with its report on the Funds
financial statements for such year, and
(ii) there were no reportable events of the
kind described in Item 304(a)(1)(v) of
Regulation S-K under the Securities
Exchange Act of 1934, as amended.
On July 6, 2017, the Fund by action of its
Board of Trustees upon the recommendation
of the Funds Audit Committee engaged Tait,
Weller & Baker LLP (Tait, Weller) as the
independent registered public accounting
firm to audit the Funds financial statements
for the fiscal year ending December 31,
2017. During the Funds fiscal years ended
December 31, 2015 and December 31, 2016
and through July 5, 2017, neither the Fund,
nor anyone on their behalf has consulted
with Tait, Weller on items which
(i) concerned the application of accounting
principles to a specified transaction, either
completed or proposed, or the type of audit
opinion that might be rendered on the Funds
financial statements or (ii) concerned the
subject of a disagreement (as defined in
paragraph (a)(1)(iv) of Item 304 of
Regulation S-K) or reportable events (as
described in paragraph (a)(1)(v) of said Item
304).
The Registrant has requested BKD to
furnish it with a letter addressed to the
Securities and Exchange Commission
stating whether BKD agrees with the
statements contained above. A copy of the
letter from BKD, dated March 1, 2018 to the
Securities and Exchange Commission is
filed as an exhibit hereto.