Ann: March Quarterly Activities and Cash Flow Report, page-6

They are motivated to get a deal done very soon, have Cannacord on board to assist and the Directors are both invested and focussed on extracting value.
The trading indicates someone knows a deal is about to happen and likes the look of it. Good.
With liquid SYR shares plus the cash on hand this is a rare cashed up spec play, ignoring the potential value of the SYR holding starts to move in the right direction.
The only negative at the moment for this stock is liquidity.