Green, I would be very happy to see $40 mill revenues for 2017. While I do think we may see growth in revenues as a result of the expansion of locations, I try to keep my expectations low so I am going to be extremely conservative in trying to estimate a fair & achievable value of the stock.
I know we don't know any numbers for 2016. But if we stay flat on revenues for the third straight year at ~$27 million in 2016, we still would deserve a market cap of ~$20 million and a price per share of $.05
$27 mill revenues x .73 (ave Price/sales ratio Trucking Industry)=$19.7 mill market cap / 405 mill shares outstanding= $.05 per share
(I posted this same valuation estimate in June 2016--see post # 17597)
What penny stock so you know that's taking in $27 mill in revenues the past 3 years and trades at $.0035? Once our financials for 2016 are released, the answer will be none IMO.
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