RE:RE:RE:Raise more money.....and Piss it down the drain.Paul222,
You must be kidding! You are missing the point entirely! Do a little homework....
DYA ""clarified their interest" when they announced that to participate as an equity partner in CN they needed to pony up $5 million for a 25% stake. They would need a total of $17 million to reach 40%. Got that straight? DYA followed all that up with major announcements regarding how they were going to finance all this using carbon credits and other nonsense.......
The result? NADA
CN did the same and used this very same DYA investment information in their presentations! Many, many months have passed since then. NADA
They never once announced that they would invest less than the 5 million. CN never announced that they would let dynaCERT play for less either.
Today's announcement says two things.......
1: DynaCERT continues to have a lot of trouble raising money. And they need 90 percent of this latest offering to stay afloat! This inspite of announcing "ANOTHER MAJOR ORDER" (This requires we assume this latest mystery order is even remotely close to true),
This means it hasn't got the cash, inventory or credit to build the units. But you can bet your a$$ that DYA is using this order as the basis for its newest financing.
2: If CN has such wonderful, world beating technology, why do they need dynaCERT at all? Why suffer a 90% reduction the downstroke they had previously agreed upon?
There is something going on between CN and DYA that we don't know about, because this announcement makes no sense for CN. DYA must have some hold over CN that they are not making public.
So, in closing? Knuckleheads is spelled with a K
get over yourself.....