You've your opinion and I've mine. They don't meet.
This company right now has a market valuation roughly $1 million while its annual revenues are expected to be $6 millions or more. Applying straight revenues without multiplier X, the MC should be 6X its current level or pps roughly .02 cents.
Higher PPS is possible if you apply multipliers on revenues to arrive at MCs.
My posts are my opinion, not intended for investment advice. Always do your own dd before buying, selling or holding securities.