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Friday, January 05, 2007 6:35:27 AM
If we take 2M units for 2007 for granted and not include any other possible sales, and we take a conservative profit of 2$ per unit, we end up with 4M$ If we devide that amount with the authorised of 2.5B, we end up with a profit of 0.0016$/share. If we take a price/profit ratio of 50, which is not unusual for start-up companies, we should be quoted at 0.08$.
My conclusion: we are VERY undervalued
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