"Someone may have convinced the BOD that their continued failure to act may have constituted a breach of Fiduciary duty.
Finally."
Yes, for two reasons: a reason to have them removed from the board and the possiblity of being sued personally. All IMO. I was hoping for some presure on the board, but I was not expecting it from this situation or coming from within. Strange how things work out sometimes. Hopefully this will be in the shareholders' best interest.