Let's due the math. They have announced more than $8MM in revs this year. Say they make 15% on those revs or 1.2MM. Since this is a public company, you get a multiple on your earning. So lets give EWSI the lowest possible multiple of 8X earning, thats $9.6MM. Divide this by the current outstanding shares of 148,545,168 (from QuoteMedia).
You get a share price of $0.0646 a share.
That is the lowest price this stock should be today.
Please keep in mind, the business model is not done generating additional revenues, and the machine hasn't even really started to run. Once this machine starts to produce revenues worldwide, the numbers are going to look more like $80-100MM IMO.
