[Quote]: "According to the latest update, the company just produced it's largest order for several THOUSAND dollars worth"[End quote]
Oct 26, 2015 NanoLogix update:
"4) The largest single-customer, single-day sale in the history of the company has just occurred , for an amount in excess of $30,000.00 The order was for agar-filled petri plates."
In my opinion, they probably have grown sales since then.
The statement in the recent update was related to sales for use on one TB project in the Third World. Obviously, as evidenced by the 26 Oct 2015 update, those were not total sales to date for the company.
For the recent update of 8 May 2017, NanoLogix stated that the sales were in the thousands of dollars and that they hope "While the total sales amounts for the TB kits is in the thousands of dollars, NanoLogix hopes the sales for use in this and other TB related projects will grow significantly".
Valid valuation estimates cannot be performed from one limited snapshot.
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