If we can assume that valuation of the existing commercial portfolio goes across at 2.5 x currently projected (and downward adjusted) sales (very reasonable given the gross margins in play) along with a reasonable discounted value (incremental NPV) of their late stage pipeline, I arrive at an enterprise value of about 575M. Yahoo has them at 680 which cannot be correct. Nonetheless, this suggest a valuation, apart from any take out play of about 9.70 per share. I picked up a small block near the close today to test the waters.
Are you out of your mind? Where do you come up with this voodoo? Valuation is subjective and is therefore a fantasy . Couple that with the fact that the investing public has been duped so nothing the company has said can be taken seriously. This stock is going lower and at the close of each day you get the new and true valuation. The company has no assets and no monopoly on patents.