RE:RE:RE:A promo piece from Jan 11Jaybee78,
Happy to see you remain the arbiter of that which is deemed stupid!
This is at least the third time that Mr. Payne has trumpted the OEM market as a significant opportunity during his tenure. I can recall many a statement he has made regarding "ongoing discussions" with OEM's.
Well the proof as they say is in the pudding.
Recall that we have had a former senior executive from Cummins (I believe) in an advisory capacity for some time which to date has yielded zero in terms of results.
TORONTO, June 08, 2017 (GLOBE NEWSWIRE) -- dynaCERT Inc. (TSX VENTURE:DYA) (OTCQB:DYFSF) ("dynaCERT" or the "Company") is pleased to announce that Michael Christodoulou, the former President of Cummins Eastern Canada LP and Cummins Diesel of Canada, is joining the Advisory Board as a Business/Marketing Advisor. Michael Christodoulou states, "I am very excited about my new affiliation with dynaCERT. I look forward to working with our people to help users of diesel engines work better. This technology will reduce fuel consumption, operating costs and help preserve our environment by emitting less emissions. It is compact and affordable and has a very short payback period. I trust that it will be considered by many organizations who will recognize the benefits of this technology."
dynaCERT announces the receipt of $1 million from Mr. Christodoulou as a strategic partner in the business. This funding was a private placement of 1,176,471 units at a price of $0.85 per unit. Each unit is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant, with each whole warrant being exercisable into one Common Share at a price of $1.25 for a two-year period from the date of issuance.
OUCH!