15X - 20X is conservative IMO. With 25x - 35x being average. And 100x being around the high.
Revs $26 mil in 2014. Based on other's DD, I get the sense that revs will be around $35+ mil and could be as high as $50 mil.
Still believe in Vulcan's post that O/S = 808,001,287 and float = 500,000,000
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My posts are merely my opinions, sentiments & speculations meant for chat with other traders who understand the risks of trading. I am NOT an expert or a psychic. My posts are NOT meant as advise and should be treated as entertainment. Trading is gambling. Trade at your own risk.