With all due respect, our cabbies are blind, deaf and dumb! If they haven't been able to figure out the streets in 4 years (arguably 10 years), then they're remedial too! lol
I can understand opty's and your perspective. But when you say old BoD, new BoD, it doesn't matter, you essentially ignore the history of the last time dividends were given out to warrant holders. Even if you take your perceived "safe" route, as displayed by this BoD, the risk that shareholders will be rewarded unevenly remains.
Perhaps MMP revenues will someday be huge and that might compensate as you say, but more than likely, the reality is the MMP battle will be a difficult one for David (MMP) versus the Goliath of multi-billion dollar infringers. Knowing that they're battling a company with a sub par BoD that you can bet, based on history, will weaken their opponent, not strengthen it, would, IMO, give incentive to infringers NOT to sign deals, thinking the fight will ultimately prove cheaper, rather than sign up. Knowing that your opponent has limited funds and no other income source doesn't strengthen their position in infringers' eyes, IMO.
Lastly, if MMP levels were to reach the heights you suggest, are you really confident this BoD would be able to maneuver so that those windfalls made it to shareholders, rather than be taken advantage of by others currently involved or involved in the future. Power corrupts, and absolute power corrupts absolutely, so in leaving this BOD in power despite their past performance, we essentially give them absolute power. We'll get what we deserve in that case.