Yes, an effort is under way to buy the game. It isn't going to be a one meeting - here's the check can we have the DVD's - thanks game is running sort of thing.
It will take some time to hash out the details and convince NCSoft that the group can indeed support and develop the game. The first meeting is normally in business the do you have the money check. Ok, you have the money now what are your plans with the game? Will NCSoft want a deal like they did with Cryptic where they have a partnership for 2 years?
All sorts of questions like that. It will take time likely months before the deal can be closed. The good news is - the conversations are still ongoing. In the past other companies pulled out because of the delays. This is the way big companies work.