The BoD has been attempting to settle for months. They understand that initially they were outnegotiated and this was the basis for the problems that followed. However, it appears that for years there was not proper oversight and a hesitation to get more involved when inequites first surfaced. It's not that they weren't warned.

So, recognizing the failure to protect the shareholders once, they know the enormous potential liability to screw it up again. But, the BoD's problem is trying to get a fair agreement with the mentality and character of Leckrone.

It's like a nasty divorce; when both parties are willing to give all their assets to the attorneys they despise. Except, in this case it's the shareholder's cash that continues to be squandered.

In spite of the BoD blunders, do you see them taking any reductions in compensation based on dismal performance? Until enough shareholders get mad as hell and continue to contact every director, you can just watch potential dividends go down the drain.