Yes they merit a higher pps than $.25. That formula is crap and not a valuation of a growth company. By that standard Telsa should be less than $100.
Plus the revenues are higher by a few million due to needed documentation for getting classified as agent again.
FUNN is highly performing and incredibly undervalued.
You can’t apply a mature company formula here at all. Helps investors to understand growth companies and the tiers of the OTC and the impact on a ticker over actual company performance.