Did you ever consider the fact that he is still looking at all his options before committing to something? Therefore, it would make sense to not say anything at this point. As frustrating as that is for current shareholders, it is the smartest thing for him to do. It would be far worse to throw out a statement of what they plan to do and change it all a few weeks later. Now that would mean he is in over his head and not using common sense.
I think management is still carefully considering all their options as to how they can best execute their business plan, before sharing anything with shareholders at this point. And he may very well understand what otc land is all about and not want to go that route, which is probably why he is so interested in uplisting asap, to avoid being bothered with this otc cesspool. Fact is, none of know for sure and we can either remain patient, sell and move on, or vent while waiting, imho. Cheers!