RE:RE:RE:RE:ManipulationIf you read gold bullets posts he has no idea. The perfect example is his gloating on how happy he is to be out and that he'll buy back in at $0.04. Clueless and soon to be ignored.
VPofFNE I think your conclusion on the range is probably right. When I look at the company presentation it says with the military contract net earnings would be $3mm ~ and EBITDA margins around 13%-14%. With the military contract sales should be slightly north of $20mm. So your EBITDA would be a bit low relative to their old presentation forecast.
Using those numbers i apply a low multiple as the contract is not in perpetuity although they are leaner and winning small/mid contracts fairly often. WIth positive EPS, FCF, no debt I come in at the middle of your valuation or $0.25. Near term downside should be limited and Im hoping as their quarterly press release stated that there are more contracts then just the major military. That could support the high end of your range.