DE,
If earnings fall into the $5 to $10 million for the year, based on the current O/S, we're speaking of roughly $.01 a share. While this may not sound like much, if we're clearly growing each quarter it could justify a P/E of 30, i.e. a share price of about $.30. Even with a P/E of 10 we'd be at a dime, a nice multiple of where we began the year.
What I'm not seeing here are people declaring we'll be on the Nasdaq by the end of the year, and other similar claims, and frankly it's refreshing. Better to be realistic about what we may see. If the earnings truly go dramatically higher, perhaps $.50 will be in play. If it were, by next year discussions of the Nasdaq could be warranted by the end of 2023, but that would be outstanding growth as long as a reverse split wasn't employed. Frankly, while I don't like reverse splits, if the company built the share price to $1, I wouldn't fight say a 1 for 5 which should qualify us for the Nasdaq. What I'd never support would be extremes like 1 for 100 or frankly anything above 1 for 10. A $1 share price could put us on the AMEX, and I believe that would be a strong move, but it should be done without a R/S.
Gary