Mikros Systems Corp. (fka MKRS)

[NedBraden]

I didn't know that Bobchar. Thanks for the history lesson.

I am curious what you (or anyone on the board) feels is a realistic share price for Mkrs. We have roughly $15MM market cap with 2018 FY revenue probably around $8.5-9MM. Based just on the Navy contract awards and annual revenue of say $10MM over the next few years, I don't see mkrs trading much higher that $0.50 which is a market cap of 2 times sales but I don't know of any other comps so who knows.

The commercial potential is probably what gives this upside but no way right now of valuing this. So perhaps a stock price of $0.40-$0.50 per share is fair until we see real commercial impact (real revenue or announced future contracts.) And this probably means silence for several more months.

Hope I am wrong but this is my view right now.