It seems quite simple to me. They are taking the necessary steps to conform to SEC bylaws.It takes lawyers to formulate and present this information to shareholders in the form of a Proxy Statement. I would imagine it is a complicated process that can't be done on a table napkin.
They didn't have to send a PR today, but did so in order that investors may be kept abreast of everything that transpires.
As stated in his email to me, Dino is very approachable and has welcomed anyone to call or email him. It makes no sense to post questions here anymore when he has made himself available to you. My advice is to call or email him.
As far as the stock not moving where it should be...we are living in skeptical times. Alot of people have been burned on pinks, myself included. Nobody seems to believe anymore that a buyout can actually happen. Kinda like the boy who cried wolf too many times...Perhaps this is the time a wolf will appear..but it will be too late for the doubters.
News 
Market Data 
Discover 
