#Cleantech and #ClimateChange #Podcast: dynaCERT Inc. (TSX: $DYA.TO)
(OTCQX: $DYFSF) Management Recaps 2020 and shares future for their Hydrogen
Technology; @dynaCERT
Point Roberts WA, Delta BC, January 4, 2021 – Investorideas.com,
a global news source and leading investor resource covering cleantech and
renewable energy stocks (Renewableenergystocks.com) issues a special
edition of the Cleantech and Climate Change Podcast, talking
about today's problems and solutions for the future.
Investorideas.com talks to Jim Payne, President
& CEO and Jean-Pierre Colin, Executive Vice President & Director of
cleantech company dynaCERT Inc. (TSX: DYA.TO) (OTCQX: DYFSF) (FRA:
DMJ). They discuss the milestones achieved in 2020 that
set the stage for success in 2021 and beyond for their “Global Solution to
Reduce Pollution.”
Listen to the Podcast:
https://www.investorideas.com/Audio/Podcasts/2020/123020-dynaCERT.mp3
Read this in full at https://www.investorideas.com/news/2021/cleantech-climatechange/01041dynaCERT-Hydrogen-Technology.asp
Listen to the cleantech and
climate change podcast on Spotify
Jean-Pierre Colin, Executive Vice President &
Director talked to Investor Ideas about the accomplishments and milestones
achieved by dynaCERT Inc. in 2020 saying, “We spent 16 years and over $60
million to develop the hydrogen technology with a line of products that reduces
pollution and reduces fuel costs in all diesel engines. Globally, there's an
estimated one billion diesel engines around the world and transportation,
logistics generators, construction equipment, mining, marine locomotives. So we
have a huge market and 2020 was the combination of those 16 years that came
before.”
Continued: “We're proud to say that we've achieved many
milestones in 2020. First of all, financial growth; the best in the company's
history. At the close of the year, we're closing 2020 with $20 million in cash,
a very strong balance sheet. In 2019, we had $4 million in assets and in 2020
we have over $20 million in assets.”
Continued: “We listed on the Toronto Stock Exchange in July
to better access sources of capital and offer more rigorous corporate
governance to our shareholders in Canada. We also listed on the OTCQX best
market in the United States in June 2020.”
Continued: “We also brokered a three times oversubscribed
institutional underwritten financing in July 2020 which assured independent due
diligence by Canada's top securities dealers. And as importantly, in that
financing we added 20 new institutional shareholders. They became shareholders
of dynaCERT for the first time.”
Continued: “In 2020 we created a wholly owned subsidiary of
dynaCERT called dynaCERT International Strategic Holdings, or DISH to
facilitate sales and expand the financing options for our clients, the early
adopters of our hydrogen technology. One of our dealers in Canada and the US
has already started drawing down on that program and we now offer it to our 45
other dealers around the world as a monthly subscription program.”
Continued: “Also in 2020 we took advantage of the widely
applied imposed Pandemic Covid-19 shutdown. During the shutdown we added and
expanded. We added professionals and we added and expanded our research and
development department. But as importantly, we set up a semi- automated
assembly line with an estimated annual capacity of 72,000 units. That would
mean a capacity for sales of almost $445 million per year and operating income
of over $200 million per year.”
Discussing their corporate decision to stay the
course with their global mission to provide a global solution to reduce
pollution he said, “I think great decisions come from knowledge, intelligence
and dedication, and decisions come from the leaders who have access to all the
information of the battlefield. Those who are aligned with our goals and all of
our sincere shareholders want us to stay the course.”
Jim Payne, President and CEO discussed how the
company integrated longevity into the corporate strategy noting. ”This is a
global solution to reduce pollution that works now. This is technology that
we're not thinking we can do, or hoping we can do; it's done. It's proven
worldwide. Along with that, you look at all the patents that we've got. Just
last week I was talking to an analyst and he was saying, “You know Jim, that
one worldwide pattern you've got on the means and methods of monitoring and
monetizing carbon credits with an internal combustion engine, that’s a trillion
dollars in itself.”
Continued: “We also
firmly believe that with the 16 years of experience and the engineering,
research and development. it puts in the perfect vision to take advantage of
the hydrogen economy. I have believed
for a long time that the hydrogen economy was huge and it appears that the
world is just now waking up to that reality again. The technology we have today
is a bridge to that hydrogen economy
that we're going to continue to expand and grow because it has now gained worldwide
recognition within the hydrogen field.”
In closing he said, “My mission has always been to
create a win-win situation. First of all, I'm a grandfather of nine
grandchildren, so I am so thrilled to be able to be part of something that I
believe is going to make such a significant difference to leave this world in a
better place.”
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for
use with internal combustion engines. As part of the growing global hydrogen
economy, our patented technology creates hydrogen and oxygen on-demand through
a unique electrolysis system and supplies these gases through the air intake to
enhance combustion, resulting in lower carbon emissions and greater fuel
efficiency. Our 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, marine vessels
and railroad locomotives. Website: www.dynaCERT.com.
Thanks, that’s it for today. Do something good for this beautiful planet
each and every day.
Podcast host: Dawn Van Zant, founder of Investorideas.com
If you would like to be a guest on this podcast and tell your story please call
me at 800 665 0411
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