AGREED! I read that blog and thought the same thing. On what basis is the projection being made? A lot of pumpers on here. Really kind of shady that whenever you ask a serious question or call out a guy that keeps reposting the old same news, the post gets deleted.
Listen up - Gerald Commissioning, AMBS CEO unequivocally states the following between 08:02 and 08:23 minute marks:
"We think this represents a $300-Mil. opportunity and a potential acquisition because in the diagnostic space, things are usually acquired as a multiple of sales. So if we ramp up to $3, $4, $5, $10-Mil. in sales, you can expect to see a 10 times sales, 15 times sales, or a 20 times sales buy-out of our technology"
So lets see now:
$300-Mil. buyout offer would = $1.33 pps at current O/S
$500-Mil. buyout offer would = $2.23 pps at current O/S
I'd say that bio-research article you trashed is dead on in their math - wouldn't you - as per above???