You are, of course, quite correct Scary, but costs are very low in this company (less that 500K per month) and revenues could be very much higher. This may change but I have ignored costs and not taken them off revenues and based it solely on what seems reasonable on what we know. It is also possible that, given this is disruptive, it will be given a much higher PE value when revenues start. I still think $8 to $12 initially.
David