"Also, it is extremely possible the BOD are extremely incompetent and hopefully learning from their mistakes and negative feedback otherwise, they know the end is near shareholder wise?"

Sometimes hiring the best people you can find to do the work for you is not quite good enough. I believe you have to have "some" level of expertise to ensure that the people you hire are truly the right fit for the company.

Let's face it, RG looked like a great CEO on paper, but someone with a decent level of expertise most likely could have been able to spot a flaw RG's ideas for the company or in RG himself.

Having all "non-experts" sitting on the board has hurt this company bad.