Well first off it isnt a pink and doesnt act like one. Act as if it was a Nasdaq stock. What would you do?
The 100m cap is high but its forward looking. And if you look just slightly more forward a 1 billion market cap for the first company to market spidersilk is not excessive IMO.
Sales will be spotty for sure. They have a limited supply and large demand. What is the company worth of they meet the demand?
I think they will earn a 1 billion market cap in 1-3 years but I drink the koolaid willingly and have for 10 years