We don't need to replace the BOD members, we don't need any new members on the BOD. We do need someone to protect PTSC/shareholder interests. We have enough riders on the BOD gravy train. Let's hope the ones we do have remain vigilant. I think they have the proper credentials.
So what if there's not all that much to do in day to day operations. We do need someone/s at the helm.
What's the alternative? Find a high priced ceo type that is gonna champion the shareholder's cause? Really? That's not the way it works in the real world. In the first place good executives are most probably already working, if they're not, why not? They certainly don't come cheap. There's already contracts with TPL/DL in place. Even if a potentially new CEO wanted to change things it would be near impossible for many obvious reasons. We can't remove or change the current BOD structure. Shareholders tried in the past and failed. Not that it would do any good. Maybe what we would get would be even worse? 50/50 chance of that.
I'm ready for some money flowing in and subsequent dividends. That seems to be the only viable direction from here. MO
GL