Yes, it includes escrow stock but is based on previous day close. Up to $9.8M currently with escrow stock.
With annualised revenue of $2.5M and growth potential over the next 12 months this is still grossly undervalued.
Check out some of the other small cap stocks out there and their Mcap/Rev ratio, you will be surprised. This has flown under the radar for a long time but due to recent developments the market is slowly waking up.
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