RE:Mark this one has a capital loss If you're looking for the poster child for greed, ego, mismanagement and hubris, DYA is it.
I look forward to reading the notes to the financial statements, where they try to explain away the latest incarnation of the deal with CN. How was CN compensated for the equity they gave up?
It wasn't cash? dynaCERT doesn't have any. It wasn't shares as dynaCERT would have to announce that too.
Was it a contra account transaction for all of the freebies CN has been receiving for the last several years? The ones that have never been accounted for?
Did DynaCERT give up rights to some of the CN IP that they claimed co ownership in?
My guess is that regardless of how, CN needed to move so it could raise some cash and the dynaCERT relationship was getting in the way.
I wonder if Mr.Colin declared a conflict of interest given he's an advisor/director for both companies.