Current Water Technologies Inc V.WATR

Dynacert

[laurencelefou]

DynaCERT announce that is has concluded a Collaboration Agreement with Cipher Neutron to further jointly develop, produce and market state-of-the-art Hydrogen technology, including AEM Electrolyser technology, that is designed to produce Green Hydrogen.
 

	DynaCERT		Current Water
Shares outstanding	381,817,515		212,275,038
Options	32,361,096		22,000,000
Warrants	14,900,000		22,000,000
Share Price (2022-02-21)	$0.195		$0.035
Cash	$1,402,976		$196,983
Debt	-    $		$122,385
Cash from options and warrants	-    $		-    $
Enterprise Value	$73,051,439		$7,355,028
Operating cash flow + lease payments	-$7,151,306		-$264,350

The Data is taken from latest quarterly results.  None of the options and warrants are in the money.    

DynaCERT balance sheet is weaker than Current Water.  
 
It is unclear whether or not the annual licence fee (US$1,000,000) from the proposed joint venture between Separtis and Current Water will entirely grow the cash account or will be used in the operating activities of Current Water Technologies.

[laurencelefou]

Share price is 2023-02-21

[lscfa]

WATR's fins are wrong. There are 57 million Wrts o/s.   Thank-you for pointing this out. It appears that the incorrect table was transferred into the 2022 Q3 Financials. This will be corrected in the Q4 audited FS.   Warrants are only issued to any investor who participates in a company’s financial raise (private placement). Warrants provide the investor the right to purchase a

[laurencelefou]

GUELPH, Ontario, Dec. 23, 2022 --  On December 1, 2022. At the AGSM the shareholders:  The principal changes in the Amended Stock Option Plan are as follows: • An additional 5,000,000 common shares were reserved to increase the total number to 29,000,000 common shares. • The term ‘Consultants’ now includes Investor Relations service providers.