RDS annual report had remarks from auditors mentioning net current assets of $ 158,984.
RDS have spent $ 234,000 last quarter on office related expenses indicating a situation close to insolvency.
A cap.raising in imperative or RDS folds,but at what price w.the brothers having another 25 mill.shares to unload?
Why do RDS have resolution # 9.
I thought it was only after a second voting down of the Remuneration report, this was to happen.
Do we have indications of a vote against the board led by the Ailakis brothers?
It is my understanding that Mr.A.Johns,a former director of RDS,who led last years voting,is no longer in the picture.
Can the board muster the approx.40 mill shares to avoid a spill or is it a clever way f.the entire management to leave the sinking ship?
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