Days like this make me miss one of the staple websites of the first dot-com bubble, FuckedCompany. I can’t help but imagine that Roo Media would be on the top of the list. I’m still baffled by the inner workings of the online video syndicator, but this is a roller coaster ride that everyone seems to want to get off.

Today, four members of the Board of Directors resigned. Three of them were named to the board on May 30th of this year.

Before joining the board at Roo, Simon Bax was Executive Vice President and Chief Financial Officer at Pixar Animation Studios; Stephen Palley is Executive Director of Pali Capital; Scott Ackerman is a partner at Wagner, Francis, Richman & Ackerman; and Doug Chertok is a Senior Managing Director at Hudson Ventures.

The resignation of these four directors leaves only two directors on the board: Robert Petty and Robin Smyth, the company’s Chief Executive Officer and Chief Financial Officer, respectively. As I write, Roo’s stock has hit a new 52-week (and possible all-time) low of $.14.

Whats going on over there? And when is News Corp going to step in to protect their strategic investment?