I would say SH must do 2 things;
1) contact the VA and ask them to hold a new SPP. The KEY difference between the new SPP and that in Dec 2008, is that there will be a new management that holds credibility with the SH, and SH have stated they will support a new SPP, provided the board is replaced.
2) Seek legal advice, with view to taking the board to court. making them produce evidence of what they did to really seek alternative funds.
This is typical of the old board, they have always treated the SH wth contempt.
They are hoping that Red Tape and time delay will discourage the SH from seeking legal remedies. I say prove them wrong.
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