dynaCERT Inc T.DYA

Alternate Symbol(s): DYFSF

Metals & Mining Technology Electronic Components

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.

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dynaCERT Inc > Financial Reporting question

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Comment by collegebouyon Mar 08, 2023 12:02pm

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Post# 35326031

RE:Financial Reporting question

They are not required to be reported separately. Dynacert does report a line for legal and audit, which was $684,000 for the nine months ended September 30, 2022.

Their audit fees shouldn't be more than $200,000 per year - probably less - so the differene is legal fees.

But bear in mind than any legal fees paid relating to financings are not in the income statement - those would be in share issue costs on the statement of changes in equity.

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