Lyte...I am just using industry info here but I do see your point...and that is why I said that start ups are typically above the 20 ratio and mature companies below....
If we can sell 1 Billion of this stuff in 5 years...then 200 million would still be start-up mode to me! so yes it is possible, but as we become a mature company over time, that 20 mutliple will drop to the 4-5 range...
but we should be at that 20 or above range for quite some time...most likely starting to taper off after 100M or so...but that is only a guess on my part....but at this time, factoring in growth potential and know ramp-up plans and the volume of potential demand out there, our mutliple of sales should be at 20 or above for a while!
any way you slice it, WE ARE INCVREDIBLY UNDERVALUED NOW...
Hit the ask early and often!
TRAZ