The thing is also that imagine they have nothing going on, would you as the company not try to keep your possible financing vehicle? They now had about 9-12 months or so since they increased their A/S to 600 million. In these 9-12 months they gave out 6 million shares. That's all. If that was planned, wouldn't you have diluted more if you were the company and knew that this is soon over? Heck the stock tripled lately and therew wasn't even a lot of profit taking despite that huge run. And now all they would have needed to do is to file some financials and then they could go on with selling shares but what do they do? They let the symbol revoke? Makes no sense to me if one believes they have nothing of value out there.
So then if one thinks they do have something going on with Devon (which is basically proven by now as far as I understand it) the only question is what I already wrote. Are they bold enough to go through on the venture without letting their common shareholders get their part. The jury is still out on this but I would be very surprised about this.