I still don't worry about what Crescent think or what they do,...

I still don't worry about what Crescent think or what they do, except I know that they bought the company to sell for a profit and so won't remain in control forever. They obviously had the cash to recapitalise the business fully, I expect they planned that upfront.
I bought 10,000 more today at $1.3, which is below the price Crescent paid 2 years ago. Most importantly it's around half of what I think the company is worth.
Brings me back up to 96,000 shares.
They are still talking about one or two years longer but the time value of money is at least as pressing to private equity as it is to me.
I think the terms of the CEO's retention agreement are of interest, as Crescent don't want him to leave while they hold so that's 4 years or so. They will probably divest half and retain the other half as free float.
Sometime between now and Nov 2020 the company will resume dividends, Crescent will relinquish control and Mr Market will revalue the stock.
Imho