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David

Years ago

Knox could be placed into liquididation

Agree Happy Days. Add the fact that Frankston are eating away the reserves built up over 10 years, and only making a $9k profit, means they are unlikely to have any funds available to contribute, or pay off a loan.

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David

Years ago

Cut and paste this article for Frankston in 3 years. Board and CEO have no control over spending. Sound familiar?

Reply #434033 Report this topic

Bear

Years ago

Agree, previous board seem to have had issues with transperancy and governance.

This is not that uncommon, the thing here is the amount of $$ owing (not a paltry sum)...

It will take some careful and strategic negotiations along with a fair amount of empathy from council, however with the bigger picture in mind and with cool heads prevailing it can be overcome...

Reply #433890 Report this topic

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Knox could be placed into liquididation

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