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noyeyiditi

01/12/19 12:27 PM

#2318 RE: aleksandr #2317

$25 pps projection is napkin math using their annual revenue projection of $62m by 2022 from the SWI Research report with a 10x multiplier and 25m outstanding shares. Basically, $62m * 10 / 25m = $24.80 pps. I imagine OS will increase by 2022, but so could annual revenue, so we'll have to just wait and see what happens. These are the figures that we have to go on right now; waiting for more data and better projections.