I still have faith when we get off the greys and release financials that we'll see stock appreciation.
TDOC just merged with Livingo for a 50x their 2020 estimated revenue.
That number is massive. SOLI in it's first Quarter did $500k in revenue. That is 2M a year and a 50x multiple puts it up at $100M market cap which is right around a share price of .50.
Now imagine if we're only doing 1M a quarter, 4M a year 50x multiple = 200M valuation, or $1/share.
$1M still seems very low for a company that seems to be constantly growing. so $2M quarter/8M year, 50x multiple = 400M valuation and $2 share price.
I still think these numbers are low, but it shows how hot the sector is and .30s will be long gone when we see financials.
"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point