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dynaCERT Inc T.DYA

Alternate Symbol(s):  DYFSF

dynaCERT Inc. is a Canada-based company, which manufactures and distributes carbon emission reduction technology along with its proprietary HydraLytica Telematics. It is engaged in the design, engineering, testing, manufacturing and distribution of a patent pending transportable hydrogen generator aftermarket product. Its HydraGEN Technology uses simple electrolysis to turn distilled water into hydrogen and oxygen gases that are produced on demand. Its technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Its products include HG1B, HG2R, HG6C, and others. HydraLytica Telematics, a means of monitoring fuel consumption and calculating greenhouse gases emissions savings designed for the tracking of possible future carbon credits for use with internal combustion engines. It serves various industries, including trucking, construction, mining and others.


TSX:DYA - Post by User

Comment by collegebouyon Oct 18, 2022 11:35am
186 Views
Post# 35031495

RE:When will this company run out of money?

RE:When will this company run out of money?If they don't find an auditor within the next two weeks, they won't have their audit done by the March 30 deadline.  The auditor will want payment up front.  But no auditor will take on a new client if it looks like it is going to go bankrupt - too much potential liability.  The Big 4 accounting firms won't touch it; they have already burned through BDO.  I can't see GT touching it.  So that only leaves them with some mid-tier and small firms - who likely have no capacity.  Not to mention the corporate governance issues.

They have a problem!
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