The situation can be easily resolved by the three major shareholders between them holding 72.52% of the issued shares .
The minority shareholders could easily be ' bought out ' @ 0.15c/ share and the buy out funded by retained earnings . There are franking credits that could be of value to Australian shareholders ( no value to overseas shareholders) The Australian minority shareholders could be paid out by franked dividends
It may take some time for this matter to be resolved. RIS is a very profitable business and it would be best run as a private company .
It looks a 'steal' at current prices of 0.05 - 0.08c
RIS Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
