My argument is that the BoD is not as being misrepresented by those that allege everything from unjust enrichment through to outright dishonesty.

It is patently obvious that there exists a cadre who are determined to oust the existing BoD for their own ends, no matter the cost to shareholders in general, and me specifically, with at best spurious claims but with no definite plan as to how they would perform any better.

While the current BoD might not be Fortune500 material, have they done anything, under conditions prevailing when the action was initiated, any differently to what one might have done under the same circumstances?

I have to say, No.

Those who suggest that PTSC could have obtained AAA financing terms at the time of the S&L financing completely discount the wreck that was PTSC at the time, for example, and on it goes. I'm sure there are some who actually believe that board meetings are conducted during a monthly round of golf.

I have yet to read anything which causes me to doubt the BoD's motivation, but still remain deeply suspicious as to the bashers'.

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Be well