RE:$3.50 target priceSo you think they deserve a $300mil market cap based on what? Based on the fact that other than the $40mil sales contract back in February they have sold the odd bus here and there? Based on the fact that even if they could get to an annualized revenue rate of $50 mil, growing at 10% with reasonable margins your $3.50 is based on fluff? Can you please provide some rational reason based on the current available information why this company deserves a $300mil market cap...and that is assuming no more equity issues which is highly unlikely as these guys issue equity like santa issues presents...