Why would the company currently be valued at over $200M?
They have massive debt load, losing a lot of money, negative cash flows, revenues around $40M for the year, low margins and will have more dilution hitting.
What would currently justify a market cap like that?
I can show you a NASDAQ company that is a SaaS cloud provider that does $300M in revenue, $40M cash on hand and has a market cap of $125M
So cloud SaaS company with $300M in revenue is at $125M but TLSS should be at $250M come on now