RE: RE: Those who wish to go down swinging5 Jun 2023 12:10
Hi,
I am contacting you in regards to the recent decision that NANOSYNTH GROUP PLC have taken to appoint Resolve as their liquidators subject to this passing at the upcoming general meeting.
It has come to my attention that there may possibly be a conflict of interest pertaining to your potential appointment. I would like to formally raise a complaint regarding the following matters:
1. There has been a suggestion that Resolve has worked with Peter Gray previously in different companies. How can shareholders be assured that there is no conflict here? How can shareholders be confident that a full investigation into the ongoings of at the company will happen? How can shareholders have confidence that Resolve will determine whether decisions and transactions were in the businesses best interest? Please disclose to the shareholders the full extent of your relationship with MR Gray and any other persons related to Nanosynth.
2. How did Reslove come to the decision to advise Nanosynth to liquidate? Is this in the best interest for the company and shareholders? We were told in several Rns statements that there were potential contracts in development and trials and that these have been successful? Why did the Auditors not use going concern when creating the last financial statements?
3. As current advisors no doubt you will keep the shareholders appraised of any material developments that could affect the outcome of the general meeting, such as developments relating to credits, rebates, funding and investment in to the company.
Ultimately as things stand I have no trust in Resolve as an appointed liquidator or as an advisor. In addition I have no trust that the BOD is acting and has acted in the interests of shareholders and that would include the decision to appoint you as an advisor or as a liquidator if it came to it. On this basis I wish to make a complaint so that I can then raise this with the insolvency practitioner service and have them investigate correctly. I will also be contacting the relevant accounting bodies for the designated liquidators for this case as this is not ethical and needs to be investigated, with the relevant people held accountable.