Gabby,
You write, "I came to the conclusion that people today, for the most part, are not so interested in each others well being. So, that it is conceivable that the current BOD can indeed be looking to eliminate the current shareholders from the picture."
The current BOD own millions of shares. We scream and yell when the share price drops a few pennies. How much more damage is done to the bod's holdings when the sp declines? By your own "greed" argument, it makes no sense that the bod would actively try to reduce the sp.
In my opinion, you and tcr should stick to trading.