It's very simple Algebra:
You've got six board members and one is
Pohl. ( 5+ pohl= 6)
You take the number of screw ups and divide them /5 ( not six because Pohl is the boss)\
You take that figure x infinity because that is
how much we as investors have lost, subtract all
the s/l warrants +1, which =1, which represents
Pohl and throw it away, because he has to go.
Very simple
Any more questions?
.