The valuation is not for a 2 month old website, but for the 6 months which have been put in to develop this. Also, by the way its not just a wordpress website but a SaaS App.
Why my paypal was limited - even I don't know.I did whatever they asked for but they have their own rules I guess.
Anyways if you read my post clearly I am open to both partnership and complete selling the app. As of now I have 2 paid clients paying $400/year for reseller account.