dynaCERT Inc T.DYA

RE:New Press Release - dynaCERT Launches $6,000,000 Non-Brokered Private Placement of Equity

[SIMPLICITI1]

"The gross proceeds of the Offering will be used to finance sales of the Company’s HydraGEN™ Technology Products to participants in the mining, oil & gas, transportation and generator sectors on a global basis, for working capital, for general corporate purposes, an equity investment in Cipher Neutron Inc., and to settle advisory fees and permitted finders’ fees under applicable securities legislation, including advisory fees payable to Canaccord Genuity Corp., a financial advisor to the Company."

So what does all this really mean?

• dynaCERT can't service the "orders" it clams to have for the mining industry. They are out of cash and they don't have the inventory on hand either.
• "an equity investment" and not "the equity investment" called for in the DYA CN Agreement. Recall they needed to come up with $5 million to get their 25%. 
• What did Cannacord do to earn any fees? I guess Cannacord will be finding of investors? So much for the strategic value of Cannacord

So, if H2Tek placed the order for the 162 units from miners in South America, AND presumably H2TEK is reselling these at a profit, then why wouldn't H2 TEK be paying for the units "on an upfront basis that would eliminate dynaCERT's need  to finance sales of the Company’s HydraGEN™ Technology Products.

Jim, why not do the investing world a favour and stick a fork in it.