And then I said -

Lets look at a simple valuation example

This is hypothetical, and based on the preceding post for the QD Display Market

Let's say QMC captures $500M of sales per year sometime in the future.

Using a Sales/Shares ratio of $500M/500M shares, the market valuation is $1.
Applying a 20x (technology) Price/Earnings ratio, the stock value is $20.