So Many Questions.....So few answers.....
So dynaCERT finally came clean in this latest press release regarding their relationship with CN.
"In addition to having options to purchase up to the current 50% of equity in Cipher Neutron, dynaCERT also owns half of the AEM Green Electrolyser technology that is being developed by Cipher Neutron."
Owning half of the technology? How exactly does this benefit dynaCERT?
The purchase order was delivered to CN and therefore it will be CN revenue. So how does DYA get any money out of these transactions or the potential profit generated from them?
WE DON'T KNOW BECAUSE DYA HASN'T TOLD US.!
The use of the word "technology" suggests the IP and not the products resulting from the use of the IP so, it could be that CN MUST SELL THE TECH before DYA gets to participate financially.
This press release also tells us why CN is for all intent and purpose forced to dance with dynaCERT. My guess is that in exchange for paying for the use of the facilities and allowing the former head of R&D to go in a different direction....... CN provided DYA some form of ownership position in the TECH?
To profit from an ownerhsip position in the CN Tech, then the rights to theTECH itself needs to be sold.....
So, this is a problem for both DYA and CN.
Who wants to finance CN when CN doesn't own 100% of the underlying Technology? Particularly when the 50% owner is dynaCERT! Not exactly a track record that instills confidence.
And who wants to finance dynaCERT so it can own 50% of CN?
It's a tangled web they weave....
If I were the CEO of CN I would finance the buyout of dynaCERT's ownership position in the tech ASAP.
DYA on its own can do nothing with the tech so its worthless to anyone else other than CN.