not sure about the $1.00 but the 25c to 30c price target seems reasonable short term but all depends on these deals getting signed and the forecasted revue being achieved or bettered. With such a small MC $10m or $20m revenue deals will see this seriously re rate.
That said I not as patient anymore as I once was and I am not trading stocks with any more than a 12 month horizon so if they don't start to deliver on their promises I certainly won't be hanging around for years. I think the quarterly should shed some light unless some deals are in place and announced before hand. I would hate to think they are just blowing the cap raise on expensive wines for the boardroom.
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