That's a good summary of the main points however Wayne also I believe Wayne said revenues could be close to $60M this year and over $100M in 2-3 years!
If he is correct on this, depending on profit margin et al. the stock is a no brainer $3-$4 dollars at least. Right now, the market cap is just $22M or so its trading at a discount to cash flow.
Thats hard to believe since their growth rate will be >20% for at least the next 2-3 years.