Carbon emission reduction technology dynaCERT stock surges ~85% in July on more good news
dynaCERT Inc. (TSXV: DYA | OTCQB: DYFSF) has been on a tear the past month, up ~85% in the month of July. dynaCERT manufactures, distributes, and installs Carbon Emission Reduction Technology for use in internal combustion engines. Their flagship product HydraGEN™, uses simple electrolysis to produce hydrogen and oxygen on demand and supplies these through the air intake to optimize the burn resulting in an average of 10-15% increase in fuel economy, but more importantly, emissions can be reduced by over 50%.
dynaCERT launches HydraLytica
In a recent news, dynaCERT launched its new vehicle Telematics device software called HydraLytica™. The software will enable easy access to fuel savings and carbon emission reduction reports from diesel-powered vehicles and machinery equipped with the Company’s HydraGEN™ Technology. The software will read data directly from a truck’s onboard diagnostic port (OBD) and relay information to dynaCERT’s cloud server remotely through the Company’s patented Smart ECU which is integrated into the HydraGEN™ Technology units. HydraLytica™ will determine fuel consumption, distance traveled, and will calculate fuel savings and reductions of polluting emissions in kilograms of CO2 equivalent. Users of the HydraGEN™ Technology will now have documented proof and will remove doubts to the market as the software does not rely on human interpretation that may possibly be biased.
An award-winning technology
Through their innovative technology dynaCERT has recently received the 2019 prize for energy solutions in the business to business category at the German Innovation Awards competition and have also received the Gold Certificate Award from the European Society for Quality Research also in Germany.
Jim Payne, CEO and President of dynaCERT Inc. comments on HydraGEN™– “There are no real competitors close to where we are with our technology. What we actually do is we produce pure hydrogen and pure oxygen on-demand through a very unique electrolysis system. More importantly, our system is so fully computerized, it is like a smartphone, it is learning all the time.”
KarbonKleen Inc. agreement offers dynaCERT’s dealers a financing alternative
dynaCERT has also recently entered into a compelling financing alternative for dealers of its HydraGEN™ Technology. Now clients will be able to subscribe to the Company’s HG145 line of products on a monthly payment basis. Canadian based KarbonKleen Inc. has indicated it will offer dynaCERT’s Dealers a financing alternative, under specified terms and conditions, under KarbonKleen’s new guaranteed pay-per-month program. The guarantee is offered under a 2 year minimum deal if their registered trucks drive at least 5000 miles (8,047 km) per month, which will be measured by dynaCERT’s new telemetry system, HydraLytica™.
KarbonKleen is so confident in the technology that it has indicated it will refund the subscription cost if fuel savings are not more than the actual subscription cost. By doing this they are offering users risk-free guaranteed results. Most often the hindrance in technology advancement in the trucking industry is the capital costs involved. KarbonKleen have overcome this obstacle very elegantly by eliminating most of the risk for the end user with a money-back guarantee and offering a faster return of investment.
Jim Payne, CEO stated: “The opportunity of users of dynaCERT’s HydraGEN™ Technology to avail themselves of monthly payments, which can be offset by fuel savings, is a huge benefit to our clients and Dealers.”
A truck promoting dynaCERT’s HydraGEN™ Technology
The potential for dynaCERT and its HydraGEN™ technology is very significant as they have recently signed a deal with a Mexican trucking company for an initial one hundred HydraGEN™ units. The test units are expected to be the precedent for a potentially larger market in Mexico of up to 1 million HydraGEN units.
Speaking of deals progressing, dynaCERT and their dealer H2 Tek are ‘advancing favourably’ several important mining initiatives. With purchase orders accepted by dynaCERT, H2 Tek is already deploying dynaCERT’s HydraGEN™ Technology with installations at two large mining companies operating in South America. Stay tuned for further announcements.
With up to 1 million potential sales in Mexico and a global demand to reduce greenhouse gases, dynaCERT’s fuel-saving and emissions reduction technology could be the thing the transport industry is looking for. No wonder their market value is rising so fast.
Matthew Bohlsen is a Senior Editor for InvestorIntel.com. With a Graduate Diploma in Applied Finance and Investment, and a Graduate Diploma in Financial Planning. He ... <Read more about Matthew Bohlsen>