"All possible deals should be entertained and evaluated- and, if appropriate- pursued and facilitated. That is the BOD's fiduciary duty."

Not only is it a duty, I believe that it is required by law that all reasonable offers affecting shareholder interests be presented to shareholders for a vote.  A board of directors may recommend a "no" vote, but they can not deny it.   I say this from experience, not from a study of law.   But if I am correct and disclosure is required, what kind of damage would the current board do to itself by turning away an offer that would benefit shareholders in general, but cost some or all board members their positions?   BG appears to have not thought about that, right newuser?

Besides, cannot such an offer be made public at the same time as when it is presented to the board?  The more I think about the more I sense that BGs latest power grab is as meaningless as his business and exploration experience - threatening on the surface but warm air underneath.