As long as the Board is willing to keep him in his seat, he will draw a salary and, every so often, issue more stock to maintain it.
If they replaced him with anyone that had a bit more credibility, we would probably get a decent bounce upward. Mir may be an even bigger drag on the share price and company fortunes than the lack of studies, lack of approvals and lack of sales. A CEO with a primary interest in those three items would have produced real results and a viable firm by now.
BTW has anyone here ever tried to contact and speak to him? Has he ever responded? The BoD seems to be cloaked in mystery with contacts only through the firm offices, i.e., screened or shielded by Mir. Maybe powderbum can provide some insight or contact information as to the Chair and others before more of them depart.