If you're working off of the following 2015 revenue estimates: $10M = $0.07-$0.10 $15M = $0.10-0.15
I ran the numbers for HHSE based on the 4Q2014 numbers reported in the recent HHSE blog and HHSE Common should be valued on the trailing twelve months figures somewhere between $0.020 - $0.030.
The $0.02 - $0.03 estimate excludes: - whatever revenues have been booked in 1Q2015 - any forward-looking projections for the rest of 2015 (first assumptions at the top of this post) - VODWiz
Summary: At current prices, HHSE continues to be a conservative buy-and-hold.