I like your analysis; you are using data from actual sources (I don't know if ISRG's P/E of 47 will ever completely apply to Titan but here's hoping!) and you also see the potential. I think that potential is a big part of why $.11 is SOOO undervalued. At $4-$6 a share we are all in the money. Every milestone they meet is one step closer to fruition and another risk conquered, as well as increasing confidence for meeting future milestones and getting this thing into a revenue phase. At this point, PPS should be rising as fast as they are building confidence and approaching the goal line. I don't think we need sales to start climbing, but at some point the milestones will be significant enough, and possibly combined with an uplist to cut MM's influence, it can't stay here forever.
Last year's published analysis put share value at around $4 (I think it was mid-July last year, so a year ago, before the pause and re-structuring). I had done a ballpark run-up value analysis a few weeks ago from a project management standpoint (based initially on actual development costs, tossing a majority but not all of Amadeus expenses because some of that development carried over) and I came up with a figure in the $3ish range for where we sit right now (post 56102). Looking at it from the standpoint of sales projections (post 56955) I looked at the analysis IITF had posted and ran up some ballpark numbers indicating that if that analysis is correct, our market cap in a few years should settle in between $3B and $5B, or maybe $9 to $15 PPS with 333K shares outstanding by then (all rough figures). All numbers in all cases are based on no RS, but everything scales linearly with an RS.
No matter how you slice it, we are wickedly, massively, severely undervalued.
