I followed the steps from this link to perform the upgrade:
http://allonis.com/template-features/au ... 4-my5.html
One of the last things it mentions is: "Delete all "Invalid" licenses and corresponding activation within myServer's Licensing window. These were your old MLServer licenses. You should then see "30 day trial" has started."
So now I see everything as a 30 day trial. I have not received any of the updated license information yet (to my knowledge). In the license key column, everything is blank. And when I select all items and click the send activation request, that is when I get the message I described in the first post.
Here is a screen shot of what I currently see:
I'm sure I'm missing a step somewhere but I don't know where.