Even if it continues to trade at a pe of 2 (OMG) by replacing the previous 271K loss with a low 6 figure gain should result in some upside. LOL! How ridiculous.
I think it will be discovered. Whatever the case it is definitely too cheap to sell.
The 931K backlog at the start of the q would seem to be worst case scenario and 2nd q revs could be much higher. Only time will tell. Maybe it will reach a lofty p/e of 4. HAHA