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Bullboard - Stock Discussion Forum 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... see more

TSX:DYA - Post Discussion

dynaCERT Inc > Intelligent and well worded response requested
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Post by RDK241t on Mar 28, 2024 8:02pm

Intelligent and well worded response requested

I'm sorry but I read some of the posts on this forum and I struggle to understand what people are trying to communicate.

I invested in Dynacert several years ago and I have held on in hopes that things will turn around. Can someone provide me with an educated and unemotional summary of what options lye ahead for Dynacert? Is the company destined for bankruptcy or is there a possibility of being bought out? Thank you in advance for your help.
Comment by lscfa on Mar 28, 2024 8:06pm
The CEO said in the latest presentation that co. needs to sell 150 to 200 units per month to cover expenses. The co. has never come remotely close to this and has never explained why the hell it can't sell more units considering the gas savings alone pay for the purchase price in less than a year.
Comment by WinterBaron on Mar 31, 2024 9:43pm
RDK241t; it is unlikely that anyone here could definitively provide the answers you appear to be seeking. They can only come from Payne, Colin, Hoffman, and possibly a few of their close associates. However, there are a few shareholders /former shareholders here who have met with some of those insiders and had extensive discussions that are the base for their opinions today. All of those that I ...more  
Comment by SIMPLICITI1 on Apr 01, 2024 9:30am
WinterBaron, A measured response. For some additional clarity, a secured creditor action is not necessary to force this company into receivership or seek protection under the CCAA. Any creditor, including suppliers, employees, (past and present) can bring an action that would/could force the Company's hand. One good example is the action taken by David Bridge in the amount of $679K. It ...more  
Comment by WinterBaron on Apr 01, 2024 11:12am
Good clarification Simpliciti1. You are absolutely correct that anyone could commence CCAA etc.
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