Sorry mate it seems I led you to the wrong part of the template, my mistake, I should have checked and not gone from memory.
Find...
Code:
<!-- thread tools menu -->
<div class="vbmenu_popup" id="threadtools_menu" style="display:none">
<form action="postings.php" method="post" name="threadadminform">
<table cellpadding="4" cellspacing="1" border="0">
Underneath add...
Code:
<tr>
<td class="vbmenu_option">
YOUR HTML, EG HYPERLINK OR FORM ELEMENT GOES HERE!
</td>
</tr>
This will then place a new option at the top of the Thread Tools dropdown.