A look at the balance sheet of Serenic (TSXV:SER)

1. Price to sales: 0.42

As of Q2 2010 Serenic has 15,185,758 shares outstanding. The price as of October 29,
2009 was C$0.30. This gives The Company a market
capitalization of $4,555,727. In the trailing four quarters, sales totaled $10,657,881.

2. Cash to Market Cap: 76.7%

As of Q2 2010 reported cash was $3,488,173. The price as of October 29, 2009 was
C$0.30 giving Serenic a market cap of $4,555,727.

3. Debt to market Cap: 0%

As of Q2 2010 reported long term debt was $0.

4. Trailing Three year growth rate: 8.2%

Sales totaled $7.50 million in 2006. The sales grew to $9.33 million in 2009.

5. Enterprise Value to Sales: 10.03%

Enterprise Value as of October 29, 2009 is $1.07 million based on a market cap of
$4,555,727 plus $0 long term debt reported Q3 2009, minus cash and short term
investments of $3.49 million The sales in the trailing four quarters were
$10,657,881.

All financial information about Serenic Corporation is gleaned from their filings
with the System for Electronic Document Analysis and Retrieval (SEDAR)
All calculations are based on The Company’s closing share price as of close October
29, 2009: $0.30
Sales from trailing four quarters: $10,657,881
Cash: $3,488,173
Shares outstanding: 15,185,758

Disclaimer:

All principals of Dollarton Venture Capital own Serenic stock. On November 24, 2009 Serenic renewed its investor relations agreement with DVC.

Press release: Nov 24, 2009
Serenic Renews Investor Relations Services Agreement With Dollarton Venture Capital and Grants Stock Options to Dollarton and Officers of Serenic

EDMONTON, ALBERTA–(Marketwire – Nov. 24, 2009) – Serenic Corporation (the “Corporation” or “Serenic”) (TSX VENTURE:SER), an international software developer specializing in integrated financial management and HCM solutions for Non-Profit organizations, government agencies, and Microsoft Dynamics NAV users announced today the continued engagement of Dollarton Financial Services (“Dollarton”) to provide investor relation and corporate communication services to the Corporation, as well as the granting of stock options to Dollarton and officers of the Corporation.

Based in North Vancouver, Dollarton specializes in assisting private and public Canadian companies with an array of services, such as corporate communications, professional management and investor relations services. The principal of Dollarton is Nick Waddell. During the 12-month term of the agreement, Dollarton will be compensated with a monthly retainer fee of $3,600 (three thousand six hundred dollars) and 135,000 (one hundred and thirty five thousand) options to purchase Serenic shares. As authorized by the Board of Directors of the Corporation, the options have an exercise price of $0.40 and shall vest in equal quarterly amounts on February 23, 2010, May 23, 2010, August 23, 2010 and November 23, 2010. Options not exercised by Dollarton shall expire on November 23, 2010. Shares acquired on exercise shall be subject to a 4 month hold period. Pursuant to the terms of the agreement, either party may terminate the agreement or alternatively change the scope of services to be provided by Dollarton upon 30 days advance notice. In the event the agreement is terminated prior to November 23, 2010, unexercised options which have vested shall expire 30 days after the agreement has been terminated.

The Corporation also granted 25,000 stock options to each of Paul Johnston and David Tam, who are the CFO and Secretary, respectively, of the Corporation. These options were granted as officer compensation, are exercisable at $0.30 per share, will vest as to one third (1/3) annually on the anniversary date of the grant and will expire in five years if unexercised. All of the stock options issued issued to Dollarton and the Officers of the Corporation have been issued in accordance with policies of the Corporation’s stock option plan and the TSX Venture Exchange.