Hi Guys, I thought I'd add 2 cents. I sold most of my shares in April.
I kept a small position, as an excuse to keep an eye on CRVP.
At my age. I don't even buy green bananas anymore. Watching
CRVP day to day, was not giving me much excitement.
To respond to "why the B-bros. have not taken the company private?"
They don't have to. They keep a higher profile an greater access
to the capital markets by maintaining current status quo.
Effectively with over 55% ownership, the owner majority could exercise
a buyout at anytime without any premium to the current shareprice.
This is why I sold most of my shares. The Bakers cap the upside
with their majority stake, and the downside if we slip back into recession
would be dramatic because CRVP is so illiquid. CRVP is a trading
stock that you buy, and quickly sell into a volume spike. It is not
a buy, and hold. Time has proven that the only ones making money
on CRVP is the Bakers who fund the expansion and finance the
debt at higher than market interest rates. The Bakers hold the debt
on their own company, and shareholders carry the water.