Could be in the annual letter: "We are committed to keeping the stock public, going back on NASDAQ or maybe staying on the pink sheets, etc. Only exception would be if a third party made us a huge takeover offer."
This stock would be worth more if it had some liquidity.
Without any liquidity, this stocks looks undervalued. You have a lot of long-term holders that aren't going to sell. Management has to have some plan in mind ... we just don't know what it is.