The company is 39 years old. here is snip on that:
Conclusion: On a value basis Enservco (ENSV) is worth more than the $10 million market cap it has. It has been around for 39 years and has been down to the $2-4 range 9 times in those 39 years. It has also been to $40 seven times is those 40 years, and once to $117, which is a 60 bagger a rarity for any stock. Going to $5 or $10 in an oil upcycle is totally reasonable, ignoring the short squeeze potential, as it has so frequently cycled between "in favor" and "out of favor". It it is a real company with a CEO who is on side of investors as he is the biggest investor in it.