CCMI announced that it is continuing to convert patients in record numbers for the recently acquired 33,000 patient database of a national mail order pharmacy that recently ceased operations
Patients typically averaging $3,000 per year in prescription orders
Probability: 33,000 x $3,000 = $99,000,000 per year
EPS = $99,000,000/48,000,000 outstanding shares = $2.0625
PPS = PE x EPS
With industry PE of 50,
PPS = 2.0625 x 50 = $103.125 Price per share.
IMO, if CCMI manages to secure all these 33,000 patients in the database, and if the outstanding share is 48mil as reported in pinksheets, the PPS could easily be $103, with everything being equal and so long as the company does not dilute.