Ann: Transerv Funded to Progress Opportunities in 2017, page-14

Hello fellow TSV'ers

been scratching my head all morning about this one...finally got set with a pilot buy at 1.5 just to see where it pans out.

If I have read the past couple of announcments correctly they should have 10.5mill in cash and a market cap of 11.7mill for an EV of 1.2mill!? Seems way to cheep. Given they had an EV of about 6.3mill yesterday when at 0.009, shouldnt the price be closer to 2c??

Thats how I see it happy for others to point out where I am calculating this wrong.