RE:The Pathway to $ 9 !? - CorrectedHi MM:
As always your calculations are spot on. Since no value ascribed to Dialco and assuming it has about the same value as PMX you're using a discount factor of 50% for both. Conservative given the advanced stages for both PMX and Dialco. I've always had a conservative estimate of $8 to $10 per share for Spectral so your $9 per share value is exactly the midpoint.
All signs point to the share price being ready for a run from the pathetic $.32 per share to the ultimate FMV starting soon. Should be exciting and rewarding.