Everyone who lives in the Minneapolis/St Paul metro area needs to attend the June 17th 10:00 am Annual Shareholder meeting. Attend with questions and try and have a good time.
The reality is lots of big buyers stay away from restaurant stocks. Being priced under $10.00 doesn't help and not having track record of profits is no help. Increasing the number of shares to insiders will not help the rest of us private investors. Only steady profits will attract attention and move this stock back over $6.00 and beyond. I can't prove this at all but someone who works for the Dayton Family told me they own a big chunk of DAVE and bought for more than you and I. They are looking for and expect results. I bought about the same time as you. It appears the current book value is approx $ 3.75 a share.
Dave was supposed to expand the catering side of the business. We'll see if that is true. Dave sells product and gets exposure at a number of local summer events like RibFest. Lets see what they will be doing in Chicago to increase exposure. Lets see if they plan to penetrate the Chicago market like they are in Minneapolis/St. Paul. Lets hear about other major markets they may have their eye on. Let's hear if the Famous Dave's line of BBQ sauce is making any money and see how wide the distribution is.
Patience and Profits are all we have if in for the long run.
I would rather have $ 10.00 per share stock in my account but the certificates will be turned into a very nice lunch for two at the Minneapolis Blues Club.