market cap 8mil at 1.4 watch this space !, page-230

Do you mind showing me where is th e 1 mil revenue you are talking about?

And out of the 4 mil net assets , roughly 2.5mil is for intangible (mostly patents to produce the stuff we threw away) and 800k is for inventories ( the stuffs we threw it away normally). That is a huge red flagged to me.

The only thing worth money in the balance sheet now, might be just ownership in Innovaero, but it is pretty unwise to value Innovaero at this stage without looking at their actual projects on hand and financial.

By comparing a company from a totally different industry is not accurate, just like comparing with a mining company. The whole valuation is based on the market sentiment and perceived potential.

I am not disagreeing with you, that 1.7 cents might be fairly valued for CFO. I am saying based on my understanding about the track record of the board, a reverse takeover plus consolidation plan might be on the table when Innovaero goes IPO.