I now think all three classes of performance shares will vest...2 weeks ago I thought maybe class A only.
Remember the $165 mil MC is fully diluted and includes all classes of performance shares.
The question we need to ask is what is an appropriate Market Cap for a company turning over $10 mil with 150% + QonQ sales growth.
What valuation / multiple do you apply to a stock like ISX with operating costs of $1.7 mill per qtr if / when annual revenue gets to $10 , $20 or $30 mil??
ISX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held