Your conservative estimates made sense when the company was struggling, trying to stay alive......and if those conditions continue, your conservative estimates will continue to make sense.
However, we have yet to see pps and valuations based on credibility/demonstrated success and breaking even/becoming profitable. So it is hard to know what the pps will do under conditions of business and financial success. Veno's speculations are not out-of-line with success.
With history in mind, we all know the proof will be in the pudding......and so we wait. I think most of us are primed and set to go with success. Based on history, we do know that Dean is no quitter.