Well, well. Looks like the “heat” in the kitchen is getting to Mr Rudofsky of NEOS Resources…

1 mins. to read

The one and only Mr Rudofsky

Latest RNS out – 

NEOS Resources plc (“NEOS”)


Further to the announcement made on 30 January 2013 the Directors have continued to review the financial position of the company and have taken professional advice as necessary.

The Board has now agreed that it will seek an orderly realisation of NEOS’ assets and settlement of its liabilities with a view to preserving as much cash as possible for shareholders.

The Board previously announced that it will be issuing a circular to shareholders convening a General Meeting to approve the proposed cancellation of the admission of NEOS’ ordinary shares of 1p each to trading on AIM (“Cancellation”). It is expected that this circular will be posted shortly and due to the delay in posting the circular the intended cancellation date of 28 February 2013 will be amended to a later date falling not less than five business days following approval of the Cancellation by shareholders.

Steven Rudofsky, Executive Chairman, and Graham Woolfman, Non-Executive Director, have notified the Board that they intend to resign as Directors of NEOS on the date of the General Meeting to be held for shareholders to approve Cancellation.

Rats and sinking ships is what springs to mind. The resignation will make no difference to the dossier of conflicting RNS’s that have been sent to the appropriate authorities Stephen…

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