Market Cap at this point is dirt cheap, look at runners like BVT*K who have zero actual revenue (bunch of fluff) MILLIONS in debt and they have a Market Cap of over just under $50M LOL!
Market Cap at that level would put OCSY at around .02!!!
Below are the Revenue Projections from the Investor Presentation:
For the Cyber-Security Industry, Avg Price/Sales multiple is 4.7X, per below data (2016 Rates >>> This should be higher now in 2017 given the current climate):
(Source: Momentum Partners)
Based on the P/S Multiple data, here's how the Year 1-2-3 Market Cap looks like based on the Sales Projections from above:
Year 1 - $2.75M x 4.7 P/S Ratio = $12.9M Year 2 - $7.25M x 4.7 P/S Ratio = $34.1M Year 3 - $11.75M x 4.7 P/S Ratio = $55.2M
Current Market Cap is ~$2.5M with a PPS of $.0012
This means, for just the Year 1 projection, we should be valued by 5X (400%) the current PPS if those projections come to fruition,which would put us at $.006.
Year 1 - .006 Year 2 - .016 Year 3 - .026
Again, given the current climate with so many cyber-security breaches, this is a CONSERVATIVE estimate.
Also, given that this is a start-up, way higher Multiples can be used here, but I wanted to provide as conservative of a picture as possible.