Ann: FRG Trials on Tuberculosis, page-274

EPS and PE are based on net earnings, not revenue. PE is okay to use although Some people use other methods to value a company. Just a scenario If we make $1 EPS and apply the PE ratio of a tech company like Microsoft’s 46, then SP would be $46, or nasdaq100’s 21 then $21, etc.

The staggering potential is we only have to sell 7,500 units that earns us $400 profit per unit to reach a $1 EPS. Hence once we start selling I don’t know what the SP would be like considering we have 3 verticals and multiple product lines to develop and launch.