Implied pps for estimated $47-48 mil stockholders equity on estimated $78 mil assets would be about .11 - .13, but even the current implied pps of .09 (on 38.5 mil equity) is obviously not being reflected. It's the unknown upside of the research report that holds the key to "legitimizing" the unaudited fins at this time. All IMO, of course. $AXXA
This PPS should currently be around $0.15 per valuation. However, with hype, this easily could go to paper in a hurry. I will guess $0.05 support after report is released. It will shoot up to around a dollar by October, then pull back to support of $0.30. Then close to $2 after EOY fins around Feb 2020.