Ok so here's the math even with the expected growth in q4 and q1 next year. Average run rate with additional growth is still maxed out at 50k until q4 next year after adding far more distributors. so that's only 200k rev on a rolling 12 month basis and that's actually a bitter higher than what they'll do. Given the hype surrounding the industry let's say it trades at an extreme 20x rev. That means fair market value is 200k rev * 20x multiple = 4m market cap all divided by shares outstanding which is currently ~500m - that puts fair pps per share at .008. Ok next case let's say ppl are SO hyped that even 40x rev is considered fair value (10x is fair value btw 20 is silly and 40 is just plain smh), then the fair pps is still only 200k * 40 / 500m = 0.016....Soooo I'll see y'all back at .015 after q3. again good luck but this stock is way way too overvalued here.
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