Dr. Shafiq Qaadri, Member of Provincial Parliament Etobicoke North and Mr. Peter Murphy, Executive Assistant was present last evening for the official opening and ribbon cutting ceremony of the new product assembly plant located at 501 Alliance Avenue, Toronto where the assembly of dynaCERT’s flagship product, the HydraGenTM for Class 6, 7 and 8 trucks will take place.
Mr. Bhullar, President & CEO of the IFS Group of Companies, spoke highly of his experiences with the HydraGenTM test units which have been operating on his Class 8 diesel transport trucks for several months and he is pleased to be involved with a company and technology that, as he stated, will become a major contributor in “Saving the Planet.”
dynaCERT has graciously accepted an invitation, supported by Dr. Qaadri, MPP to be present at Queen’s Park for a Member of Parliament/dynaCERT reception to be held on October 19th, 2016 where dynaCERT will be presenting our technology representing our “Carbon Emission Reduction Technology” to MPPs, media, investment advisors and bankers.
Certain major shareholders including directors of dynaCERT (TSX.V-DYA) (OTCBB-DYFSF) have entered into a formal strategic Voluntary Lock-Up Agreement for a total of over 55,000,000 shares for a term of 180 days.
The Voluntary Lock-Up Agreement stipulates that these shareholders shall not assign, deal in, pledge, sell, trade or transfer in any manner whatsoever, or agree to do so in the future, any of the shares, or any beneficial interest in them, on or before March 31, 2017 (the “Expiry Date”).
dynaCERT’s President and CEO, Jim Payne states, “Given the significant progress that has been achieved in recent months, we felt that a Voluntary Lock-Up Agreement would demonstrate to shareholders and potential investors the commitment and confidence that management, directors and certain major shareholders have in the future of dynaCERT.
Third Party Testing – As The Company, along with third party engineers, have now completed reviewing and analyzing the data from the 3rd party testing at the University of Ontario Institute of Technology of their flagship HydraGenTM product for Class 8 trucks and a formal report is forthcoming.
dynaCERT (TSX.V-DYA) (OTC:DYFSF) is scheduled to occupy the approximately 8,000 sq.ft. lease expansion facility on October 1, 2016. The lease payments will commence on possession date. This facility is designed with a monthly capacity of 2,000 units per eight-hour shift for the assembly of the HydraGenTM units.The Company is working with the Government and Port support as well as specific consortium members to assist in the conversion of the current manufacturing facility to R&D and production of the next generation HydraGenTM units which will be designed for shipping, rail and large stationary power generation.
Third party testing of the HydraGenTM unit for Class 8 trucks has been completed and a 550 page document of valuable data has been received from the University of Ontario Institute of Technology where the tests were done for both fuel savings and carbon emission reductions. A formal report will be completed soon.
Click on this link for the second interview that Jay Taylor conducted with Jim Payne, President & CEO of dynaCERT Inc. (TSX.V-DYA) (OTCBB-DYFSF):
You Tube: Jay Taylor Interview with Jim PayneAbout dynaCERT Inc.
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. Our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is currently in use with on-road applications. More information can be found at www.dynacert.com.