It would seem that the growth opportunity in their industry and their product offering may indeed allow for a 2 -4 dollar valuation as their sales increase and their business model matures.
I figure they hit the restart button on marketing/sales when they hired Toole. Toole came on board IMO because IWEB product development had reached a point where they are ready for deep market penetration.
Enter Toole! Let the branding effort roll on. Sales will follow. PPS increases will follow. Larger partnerships will probably follow.
Most business cycles are viewed as an 18 month cycle of growth before any sort of retreat/revamp. We may be seeing something a little different and of a longer duration with companies like IWEB that support the very foundation of data growth.
I do not think you're alone in your 2 - 4 dollar price target.....
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