With a Market Cap of $72.3 M, I'm thinking that FPVD is currently very undervalued - if for example the projection of $400 M in revenue (2022) is within 25% +/-, the PPS should reflect this at approx. .50.
That said, with all securities, forward looking projections is the critical driving force - 3X revenue projections isn't uncommon, which gets us closer to a PPS of $1.50. Granted, all of this will be predicated on the share structure going forward - I strongly believe this will be paramount to Lou Kerner (CEO), and with that the issue of shareholder value! GLTA Longs
