This company could easily be worth 100 times more

This company could easily be worth 100 times more in 5 years. For the management team (and all major shareholders), selling now would be like walking away from a HUGE opportunity that they created with a lot of hard work and sacrifice including their own capital just like many long term investors frequenting this board. The value will be realized by continuing to build the company into one that's highly profitable with solid partnerships, brand loyalties, and diversification. The kind of wealth they can build can not only change their lives in a huge way, but the lives of their families for generations to come. Not just building a comfy retirement, but a legacy. No, I seriously doubt you'll see them selling this company this early in the game, and as they push the valuation of the company upward, the value of the stock and the size of the offers from potential buyers will follow.