Yes, with even a reasonable PE (amazing... a pink with an "E") JNSH should be well over .05 off of 2012 earnings!
Using net income of 366,765 for Q1 x 4 I get $1,467,060.
Using 108,721,624 as the OS, I get an EPS of .0135.
Using a price of .02, I calculate a PE of .02/.0135 of 1.48.
So a conservative PE of 10 is a shareprice of $.135! I'll take a 7X price increase... on fundamentals!