What a complete joke. This is absolute THEFT from shreholders. No justification to have this many board members on the company dime. The stock price represents the gross failure that mangement is, lawsuits should be filed.
13????? I'm gonna look it up but if this is true, this may be a short lived position. Although, how much it is costing in compensation does make all the difference as some folks are board members in name only and do not collect on the label.
Maybe they have high D&O Liability limits, and a Good Plaintiff attorney can put forth a large Class action Suit for poor management and bad decisions not in the best interest of the stockholders and then maybe everyone would be happy.