Well.....How wonderfully rosy the future looks at dynaCERT! (At least according to Mr. Payne)....
It is now mid March and there hasn't been a single sales update since mid December of 2022. I wonder why?
Our senior sales resource was mighty impressive too. He could barely find his way around an HG1 and when questioned as to what is new..... well let's just say his answers lacked specificity.
There was a little back to the future here too! The original "Jetstar" came in a metal case and the water and such was also inside.
Did you hear his comments about reliability? 99.99 percent reliability? Really? I wonder if customers would agree and if that is in fact the case this should be reflected in the financials. Somehow I doubt it very much.
As for Cipher Neutron...... and the collaboration..... .my sense is this deal is a stinker and has been from the outset.
Who has been funding Cipher since their formation? They have a pretty extensive business management team according to their website? They aren't working for free! Has dynaCERT been funding them (indirectly) by contracting for Gavy et al to come up with a new electrolyser?
Is there a contract that precedes the proposed collaboration agreement?
Like I've said many times...... its a tangled web......one that will take an army of auditors to unravel......
Who is getting financed going forward? How will this affect DynaCERT's balance sheet? Stay tuned folks.....