Releasing a transcript should not get you out of status. I think the schools transfer students (as far as the status goes..one has to receive a transfer request from the other school..and the current school has to release you to THEM. ..from what I understand). Regardless, just seems like a mix up and I don't think it requires reinstatement by travel (i.e. travelling outside of the country to get reinstated). Getting a second opinion from a different counselor may clarify things a little for you.