RE:I wonder …That magical $4 price target that appeared in fall of 2021 if memory serves (Paradigm has scrubbed it -so it will be tough to find).
That was right after Seto's dubious ascension to CEO. Seto used to work at Paradigm you know... and the two have made serious money of Spectral (arguably the only two).
Back then the float was around 230 million shares- but now Paradigm is using 404 million as their fully diluted float. (Seto has been working hard it seems- uff). You can do the math MM- but maybe somewhere in that 40%-ish dilution is the equity value you seek.
Also the $4.target was pointed out as laughable at the time- as it came out around October and they predicted that insane spike to $4. in price by EOY or within 3 months. Rubes searching for rubes.
Clearly, nothing even close to that happened (I think the price ended down at EOY), and everyone who witnessed it will always know what game Paradigm is playing.