Realistic based on current share structure and facts that are currently available .03 would be a realistic price for now.
If the company continues to turn around, then yes, that woudl be higher. But as of NOW.. that is realistic.
Look back at my previous posts for the calculations if your interested.
This is based on using EPS from last Q and also looking at Revenue.
NOTE: EPS valuation only really means something if the company is making a profit, which they did last Q. so they need to keep making a profit.
Revenue Valuation method is more suitable to a company that has not shown a profit, but has revenue so I used both methods, and both show about .03
Good luck to ya.
( PS, that was based on a share structure of 250 mil outstanding..which we are not at yet)
