"he blurted out, pretty easy to give away a % of nothing like Tribute did."
A very interesting statement to read between the lines. Is there an indication of protecting something that you intend to take through to the end.... or is it being careful to not create something that would be binding on a buyer? I imagine that there is more hurry to take care than to end the blockade as the precedents set here will impact future negotiations and hence profit making opportunities. They are not interested in the short term impatience of shareholders when they have the big picture in front of them.
I still believe there is no intention to go big board as they don't want to have to deal with shareholders and votes. So does this mean they have M&A in mind or buy outs? Ah so much we don't know, so much to get paranoid about. "Just the facts ma'am."