Imagine what the valuation would be if the cap were clean? Going from $700K to ~$3.5Mish: 5x year-over-year growth. And don't look now, the WHO reported that CoVid transmission rates in Europe are alarmingly high.
AIIinFun "An OTC company on the verge of doing $3-4M in revenue is trading at $17mil market cap." Does a company become more vaIuabIe because it trades on the OTC and not NASDAQ? The numbers you refer to suggest that the company invoIved is greatIy overpriced. If we assume a profit margin of 5% and a p/e ratio of 20 revenues and the market wiII be the same. On those assumptions a fair pps wouId be about 0.6 cent.