If someone wishes to demonstrate that OBJ is worth 20 mil or less, the best way would be to point out another company that is at a similar stage of progress or greater, and that has a market cap of around 20 mil.
I can do the opposite. I can point out plenty of companies behind OBJ in terms of progress and with a market cap of over 150 mil.
Here is one example:
AJX
Summary: They have a technology to treat meaterials to make them fire-retardant, and claim to be better and more enviromentaly-friendly then the competitors.
Market Cap:170 million
Like OBJ, they announced partnerships with large entities (US military and itextiles). Unlike OBJ, they haven't made a breakthrough with a major product launch, they are still at testing and eval stage.
Latest quarterly shows Recepits from customers: $13,000 (that's 13 thousand not 13 million).
So Mr Hopeful, why dont you go to that forum and tell them that their PE is too high?
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