Ann: MSL Announces Strategic Agreement, page-2

The company has really turned the corner under a new chairman and CEO. Costs out, business simplified, and positive cashflow. Now that sport has returned, it's time to drive revenues again - but not in the scatter gun ways of the past.

A software services business like MPW with recurring revenues ought to trade on a multiple of sales, not a 30% discount. Even more so if the sales really pick up.

For where they are now, $25-30m sales, I reckon the right shares price is 12-14c.