"As an “early-stage” company that has not reached profitability, a multiple of revenues valuation was used to determine a near-term price target of $1.65 per share over the next three to six months. A more detailed explanation of this valuation, using the company’s Price-To-Sales Ratio (Share Price/Revenues per Share) compared to the average Price-To-Sales Ratio for group of comparable companies, can be found at