Somewhere in the .015-.03 range, barring sales of course
.02 gives us a market cap of roughly 30 million Nano cap - Companies having market caps below $50 million are nano caps. These companies are the most risky, and the potential for gain is often relatively small. These stocks typically trade on the pink sheets or OTCBB
5 million in sales gives an Earnings Per share of roughly .0033
Throw a low P/E ratio of 10 for a slow growing business and the price .033 is what investors would be willing to pay for this stock, but since this is still a pink we'll knock that down to 5 at best for now, so that equals .0165 a share, throw in some panic buying and a peak of .02 is very possible
say $300 for recertification fee/original unit divided by $5 mill in sales equals a 16,667 units need to be sold
16,667 units between La, Ga, Fla and Texas (for now) means an average of 4,166 units per state
Is it doable, sure, but now Alex needs to sell his butt off
By next spring there should be a strong indication as to whether or not Alex gets the above possibilty to come true...
Now there's the very slim and very outside chance that Alex makes some serious sales and is noticed by a larger company that wants in and possibly buys the whole thing out from Alex...
There's my .02 ;-)
Z