I just wanted to clarify that the number brundal used was a revenue multiple not an earnings multiple.  The company has told us 6x is a reasonable multiple for revenue,  note that the nasdaq average currently sits at 3.2x.

I agree that POET will have above average multiples(on any exchange) if they can deliver on current projections, but I'm not confident enough to guess what the numbers will be, but I think we'll be pleased.

Also, it looks like you based your earnings calculation on 200m shares, we currently have 260m in play, and if we do get that kind of share price appreciation we will need to account for the options and warrants....

Cheers