No doubt about it and admittedly you're correct. The current valuation premium is not entirely a premium attributed to just the hopes of the 3D cell. The premium built in would indeed include assumptions on future revenues, cash flows and earnings. Again assumptions and projections on the future. But the premiums are rich at these levels and revenue targets for next year are incredibly high. If I recall someone saying, perhaps Jim that he was looking for perhaps $100 million in revenues for 2015. Another poster here was saying he thought $100 million was "too low" of an estimate and he thought SLTD would do more than $100 million. Either way, I thought I read that 2014 revenue estimates were at $20 million and for next year $100 million. I stated that I didn't believe SLTD could do $100 million in revenue next year and that again, estimates were way too aggressive and not realistically achievable. And when I gave that opinion, folks pounced on me calling me "a basher". Well I stick by my call. While SLTD may very well do $20 million in revenues this year, I still think increasing revenues 5 fold to $100 next year is wishful thinking and not realistic.....pie in the sky projections by folks over hyping their own position as much as possible. SLTD can push to do more acquisitions but with the pipeline they have I find it impossible to achieve $100 million organically. Pipe dreams. Sorry if some folks find my opinions offensive.
