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dynaCERT Inc T.DYA

Alternate Symbol(s):  DYFSF

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.


TSX:DYA - Post by User

Post by WealthBuilder99on May 17, 2024 1:52pm
295 Views
Post# 36045934

Lawsuits

LawsuitsLooks like the Guyanese are suing DYA for $3.8m plus the return of their deposit, as indicated in the Q1 MD&A.
Plus a former consultant suing for $700k. Is there any source to this being David Bridge? He seems to be the last reputable employee that has now parted with the company.

Q1 revenue of zero, and virtually zero cash left, not looking promising.

The only bright spot is Payne stepped down from the role of president. (Remains CEO and has taken over the chairman role). Change in management is long overdue here.
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