NetList Inc (NLST)

[umiak]

So I guess the door is open to have a customer on the board, if I had a public company can't see myself doing that.

"With certain exceptions for controlled companies both the NYSE and Nasdaq require that a majority of Board members be independent, and the Board must conduct regular executive sessions of the independent directors (at least two times per year under the Nasdaq listing standards)."


"NASDAQ. Definition. “Independent director” is one who board “affirmatively determines” has no “material. relationship with company “either directly or as a partner, shareholder or officer."