Dynacert 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.