Zach, to answer your question... They could not wait to file the Form 12b-25.
Notice how there was no after hours news on it? They didn't have a PR, they simply slid it under the table hoping no one was looking maybe? Not sure, but they certainly didn't address this up front and spearheaded. Sure, most of us assumed that they would not report. But some of us certainly were hoping they would.
I expected the 2Nd and 3Rd 10 Q's to be presented. By this miss I suspect the 1St Q and the restatement of 2012 is a total mess. Management was over their head by quite a bit and the outcome will not be pretty.