Apologies for the delay in replying but there was quite a lot to get through!
While I have no categorical evidence, it is my sincere belief that the SEC will have received numerous complains covering all the items you mention, going back to at least the appointment of Johnson, and I'm sure they continue today.
You, I, and countless many others will have received the pro forma reply from the SEC after submitting a complaint, formal or otherwise.
As there is no way of knowing what, if any, action was taken by the SEC until a formal investigation is notified, there is also no way of knowing if the complaints were investigated and found to be without merit.
Taking the Commercialization Agreement, by way of example, not liking it does not make it illegal, and if it were illegal it surprises me that there has been absolutely no legal challenge to it in nearly 5 years.
SoX was a great leveller for shareholders in that directors were made fully accountable and in the event of non-comlpiance, the subject of criminal penalties.
While most suggest $36,000 to be excessive annual fees, I humbly suggest that it is simply not worth going to jail for, and for this reason alone believe that the BoD have acted correctly at all times.
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Be well
