$60 million is pretty rich for $4 million in revenues?... do you trade any other pennies because that is a pretty ridiculous statement if so considering the garbage out there trading much higher than $60 mil with little to no revenues.
Not to mention $4 million in earnings would hopefully equal out to $2-3 million in net. With a 30 PE ratio your looking at $60-90 MC. Which a 30 PE is very conservative for a company growing at this rate,
The problem is they need to learn how to grow without taking on so much bad debt. Still giving away shares as of recently for cash. I’m not sure how something so promising and proven market penetration is having such a hard time finding financing.
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