Cono Italiano, Inc. (fka CNOZ)

[BeerIsGood]

I think the $10M is what MSU expects to sell in CNOZ products.

Yes, market cap using the $10M expectation, estimating 10% for expenses and giving Interstate their 70%, you get $225,000 monthly revenue.
Dividing $2.7M($225,000*12 months) by 107M O/S you get $.0252/share PPS.
Using the actual 107,833,087 you posted it comes out to .025/share