Here's some hard truth. For this to reach 1.00, there needs to be revenue. At 1.00, that equates to a 400 million dollar market cap.
What amount of earnings do you think they might need to generate at even a 30x multiplier to reach that share price? 15 million? How much do they do now? 5 million? Market cap now is 52 million. Thats a x10. They would need to increase sales 800% to reach a dollar - 40 million.
With zero fulfilled promises last year and thus far this year, what are the odds.
Is anything in this company going to add up to a 400 million market cap?
think of the deals they need to sign to bring in 40 million a year. But the CEO was taking a million a year in compensation.......
Anyone starting to see the light yet? It's a train.