I haven't heard much discussion about the BOD. Who has met with Allan Breitkreuz? I don't know much about him. I'd love to see some new BOD members (independent directors) to help serve as checks and balances. PQ can do anything he wants regarding his own compensation right now so we're banking on his ethics. He seems to be a straight shooter, but new investors will always be wary of these situations. Obviously PQ has put his own $$$ into this so he wants it to succeed, but a few BOD's from say Kinross would be great imo. The statement below from the recent filing below addresses these questions a bit.
Board Committees
We do not have an audit, nominating or compensation committee. We intend, however, to establish an audit committee and a compensation committee of our Board of Directors in the future, once we have independent directors. We envision that the audit committee will be primarily responsible for reviewing the services performed by our independent auditor, evaluating our accounting policies and our system of internal controls. The compensation committee will be primarily responsible for reviewing and approving our salary and benefits policies (including stock options) and other compensation of our executive officers.
We do not have an audit committee financial expert on our board because we do not have any independent directors.
B