RE:Intelligent and well worded response requestedRDK241t; it is unlikely that anyone here could definitively provide the answers you appear to be seeking.
They can only come from Payne, Colin, Hoffman, and possibly a few of their close associates.
However, there are a few shareholders /former shareholders here who have met with some of those insiders and had extensive discussions that are the base for their opinions today.
All of those that I know believe there is Little to Zero reason to accept information from Jim Payne, and through him, the entire Bd. of Directors, is anything more than deception.
"If" it is not outright lies on every occasion it seems to be fanciful dreams without reasonable foundation.
You asked whether the company is destined for bankruptcy.
In my view it technically is.
But keep in mind, in order for a company to be formally petitioned there must be a petitioner, a trustee appointed, creditors gathered, and declarations etc. filed.
That process is unlikely to play out here.
There are not, to the best of my knowledge, any significant secured creditors outside of the company to initiate Bankruptcy proceedings, guarantee costs to a trustee, and the unsecured creditors, including ordinary shareholders, are not sufficiently organized or funded to pursue all that is required.
Similarly, Canadian Security Exchanges have little interest or capacity to investigate companies of this size when the real assets, including patents, technology, etc. are tremendously difficult to evaluate.
So where does that leave everyone?
I anticipate that one day the whole group there will simply determine that they can't draw enough more money from anyone/anywhere and close up shop.
A few legal actions may arise but in the absence of real assets any judgements obtained will not be satisfied.
J. Payne and company will try to lay low for awhile after which there's a chance they'll show up somewhere else.
The stories about possible, pending or established relationships with Loblaw Group, Pepsi, Cumming Diesel, Government bodies in India or Israel, or Austria, Agents in Germany, Guyana, North American freight companies , Mercedes, maritime boilers and power plants, mining systems , and numerous other "exciting applications" will continue until....They Don't!
RDK; it's possible someone has a more positive view of DYA's future than I do.
Maybe they heard the same statement from Jim Payne that I did and continue to believe it is on the verge of becoming a Fortune 50 company .
Your best bet to get your answer is:
Arrange a sit down, ask your questions, think about the answers you might receive, and decide if they make any sense at all when you weigh them against your own experience during the time you have been invested.
Guess this reply is the best I can give while trying to remain unemotional.
Good luck with your search for answers.