hi mudlogger, my opinion on this is, 4 directors are managing the company at this time. I dont see management wanting anyone else at this time. If all business is taken care of and if they think a buyout will occur in the near future, I dont see the need. They can hire someone to help out if things get too hectic. Usually a new director will get stock options, but in our case the company may perceive theirselves as maximizing the stock option plan their selves. The main focus at this time is the Tesoro and it appears the current board has everything in order. Should this be sold, and the rest of the company carries on, then it may be desirable to have more directors with other areas of expertise.
ALL IN MY OPINION, OF COURSE.