"The BOD granted those voting rights to themselves, ostensibly to protect shareholders from an unwanted - by them - takeover attempt.  There was no money involved."

The way I read it they converted unsold shares to the 'Super-Share' status.  The shares could be purchased for the average closing price of the stock on the four days previous to purchase.

Are you saying they converted shares they already owned to the Super-Shares?  Or that they just awarded themselves another 100,000,000 shares free of charge?  If that is what they did then they really are the scum of the earth.