"Mr Petruzzelli is a principal of MDB& Co, an Australian accounting firm and has been a director since May 2001. He is an accounting and management services specialist and advises many ASX listed companies and large private organisations. (check out his website)"
Yes Max, I've checked out his website: http://mdbco.com.au/our-team/
The site indicates that Frank is THE principal partner, not merely A principal of MDB& Co. The other main player in the business would seem to be Anna Petruzzelli though she is not referred to as a "principal" or "partner" as far as I could see. (Facebook indicates Frank is married to an Anna Petruzzelli) It looks like a nice arrangement Frank, who is paid directors fees, has between GGP and his own accounting firm which collects a hefty sum from our GGP considering GGP's lack of profitability to this point in time. Bearing in mind that GGP's main activities are in the US, do you think that the costs for things like all travel done on GGP business should be separated out and made transparent to shareholders?
GGP Price at posting:
0.8¢ Sentiment: None Disclosure: Held
