Update 2013-07-09, This update is for anyone who seeks the same answers as me for why the servers do not load properly. If you have found this message, that means you probably attempted to Google a solution to remedy this predicament, well here it is. You'll have to reload the multiplayer selection a numerous amount of times in order to get a selection to choose from. Sometimes you even have to restart the game in the same manner a certain amount of times as well. It will takes at least maybe 1 to over 100 tries to get it to work. I know it seems excessive, but this is the only way you'll be able to get it to work, this problem happens in ARMA 2 as well, but the trick to get it working remains the same in both games.
Also, try to just let the game sit at the main menu for about 5 - 10 minutes. Every time I do this personally it manages to display servers properly.
Hopefully this helps anyone who has had the same problem as I had.