CBA Florida Inc. (fka CBAI)

[worthylion]

I still think the recurring revenue stream is significantly more valuable than the current market cap especially to buyer that can reduce expenses by integrating into its existing operations. I don't think either CCEL or Red Oak were attracted by the prospect of growing the business, and Red Oak has done nothing to indicate they're trying to grow the business. They got in cheap, have carefully managed expenses and put the business up for sale. Although stranger things have happened, it makes no sense to me that Red Oak is planning to just hold indefinitely or that no buyer would emerge at a price that would be approximately 3X of what Red Oak paid. We know CCEL was buying shares at much higher than the current price, so they must think it's worth more. I still think there will be a transaction by year end. Otherwise, Red Oak is just holding a company that's in operational limbo--financially stable but not growing.