Look at the market cap of the co., current earnings, and timeline for growth and I think you will answer your own question.
If you buy in at $1, you are paying for a lot of things that have not happened yet. If they do occur and the pps continues to assume future events happen, you could make some good money.
In other words, you are paying for a co. with a market cap of 60M and very little current revenue ( in relationship to cap ) and a lot of potential ( depending on your point of view).
I don't own any now but do look for 10-15% flip opportunities.