NO, this BOD are not money managers. A professional investment fund manager who takes half a billion dollars and invests it in interest / dividend bearing investment. Each year, all interest and dividends are divided amongst the shareholders. Makes for an ongoing money making machine albeit not a lot of money. Principle grows as more licenseees are signed.
In hindsight, this would have been better than M&A that was attempted, but unfair to judge. Could it work this late in the game?