I think the one making up numbers here is you. Or don't you think that it is a big casualty that you obtained exactly the share price at which we are trading now? Is even a casualty or you are a genius.
Maybe, just maybe, you started your calculation from the end (the current share price) to the beginning, so your conclusion could be the current share price and got the $500K profit per quarter from there, because it looks like it came from nowhere.
My calculation is based on facts and solid assumptions. Actually the $38M backlog in one year is a conservative number because it is all funded already and the total backlog including the unfilled one is much higher. The company communicated that they stopped reporting the total backlog so it didn't sound unreal or some kind of pumping. So any unaccepted shipment (which would be very unprobeable) would be immediately replaced by other. The company continually say they have to use every dollar to try to fill backlog. What a nice problem to have. Normally companies suffer having product and don't having customers. This is one of the beauties of this company.
The P/E as I mentioned to you is not normally used in startups because most are unprofitable, but when they start being profitable, that number can go to thousands. I based my initial analysis on Revenue and you where the one that brought the analysis based on profit, so I did it with solid assumptions and facts.
Also, these are called forward multipliers because they are based on the future year performance, so it is not based on previous 10Qs. Previous 10Qs and other fillings work for demonstrating the quality of this SEC reporting company that delivers on its promises. One in thousands in the OTC.
I'm keeping it real, I'm not talking about dollars share price, billions in market cap or things like that. You don't have to believe this, is up to you.
Finally, if they uplist in 2019 or 2020 it doesn't make any difference to me, they are going to do it when they are ready. I have full confidence on this company and its management.
