because Finklestein married into Dr. Goldsteins family. That is the biggest reason.
second, is that our Board really isn't that "independant". It is controlled by......Finklestein and Goldstein.
if there was one OUNCE of "independance' Finklestein woudl never....EVER.get a raise or bonus..until he puts somethong on teh table winning.
Right now all we shareholders do is put almost $325,000 $400,000 in total compensation to Finklestein.....for nothing......except if you wish to reward.... losses, massive dilution....delays...very badly designed prevoius trials...and an excuse a minute from Finklestein.
Goldstein is complicit as well. He sucks out a $150,000 "fee" from us shareholders, even though he was highly paid over at his full time job at George Washington University.
Joe McNay somehow let his guard down, which makes him guilty as well of negligence.