Something is seriously wrong with this picture. Loads of cash,...

Something is seriously wrong with this picture. Loads of cash, share price below cash backing. Directors seem to just go to work and collect a salary and chew up our cash. 25c offer made but not accepted. Share price languishing sub 16c. nothing seems to happen other than a few people get paid using shareholders cash until when? Until the cash is all gone?
I thought the last Board was overthrown to bring in new ideas and a more aggressive approach.

They say the grass is always greener on the other side of the fence but the Grass doesn't look too green on this side of the fence now............