ASIC have apprx.30.000 cases like this every year !!They choose...

ASIC have apprx.30.000 cases like this every year !!
They choose which case to run and,sadly,presently it is only "front page"
Material that makes the grade.
They also have a very high turnover of lawyers looking for a more prestigious area of employment-they use ASX as training school to get
Employment in better known companies after a short stint at ASIC.

It is not that shareholders do not have any means of complaining of the numerous cases of mismanagement in this company.
They never had the knowledge of the real situation!
The facts were never disclosed from the first prospectus in 2006 and into today.
Is /was Mr.A.Ailakis a director of Broadlake Resources-this company received money upon listing of RDS in 2006.The other director is presently working in RDS office.
Is Mr.A.Ailakis a beneficiary of the trusts controlling a major part of RDS.
Is Mr.R.Ailakis a director of the company controlling the Alicia gold project,which RDS would have included in the short form prospectus in 2007-RDS spent time and money to evaluate this project,money that has never been repaid !
Why was the loss of TOLLU never disclosed to the market in 2007 !
Why was the loss of Red Rock never disclosed to the market in 2009!
Why was Mr.A.Ailakis allowed to continue working f.RDS when it was suggested at AGM not to renew his contract 01/0102011
Why has Mr.Ailakis not disclosed his interest in RDS in 2012 upon
Again being CEO of RDS.
Why have the chairman let this happen in spite of several shareholders complaining during a period of several years.
It is possible to go on f.another 2-3 pages,but you get the gist.This company are run by the few at the cost of the many.
Lets see what the quarterly brings today-I do not expect much have changed .RDS will have to raise more money before end financial year to survive-a difficult task in present environment.