Does anyone have the total $$ value of the contracts that have been announced? I know that very little in revs have been received YTD. Not expecting big things from financials, only that they will be audited and will probably show a loss on P&L. Balance sheet will show the investments made by the share holders. PPS will be based on contracts inked. This time next years is when I expect to see big numbers and a reliable PPS. Until then let the roller coaster ride!
A multiple of 5 is not in the ball park for a startup with good revenue projections. For example the S&P 500 average is somewhere around 16 p/e. This of course is for mature companies for the most part. This is an OTC startup and a penny stock with tremendous projected revenue growth. So I would agree somewhere in the 20-40 range with potential for much higher for the first couple years.
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