That’s one way to do the evaluation; what will future numbers look like, someday. IF. Maybe. But right now they have only 4 mil sales per quarter, (Latest Q)*). 4x4=16 Mil. 16 Mil x 0.3 (generous) x 45 (extra generous)= 216 000 000. Now divide that number by current OS 300 mil shares, you get pps 0.72. Of course this is not going that low, but if you look 50 MA level*), there might be a bottom. I’m calling 1.4 in a few days. And if you add for example 80 Mil cash, it isn’t much better. 80 Mil/300 000 000= 0,27/share.
This could go both ways really fast. Good luck to all.
Ps. When you see Cla y here, it’s almost certain he and his crew will short stock hard way.
3.19 -- 3.49(USD) I believe is a fair evaluation atm last time I charted it hard. I figure at 75 mil sales in 2019 which is being generous x's 20(also being generous) making it a 1.5 billion evaluation divided by 300 mil outstanding shares and that leaves me at a semi-safe 5(USD) dollar stock price within a year "on average".