Gene must have decided that he is content with the royalties they keep sending him/ the money he makes off of his affiliated companies - and being a listed and reporting company gets in the way of that perhaps.
Either that or the scheme is to take the company private at some point when the s/p is basically worthless.
If corporate law actually made sense, the last few years would be a case of where the board and CEO should be sued for neglecting their fiduciary responsibilities.
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