dynaCERT Receives Independent Research Report by GBC AG
September 20, 2019 (Source) – dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) is pleased to announce the receipt of the independent research report produced by the Investment Research department of GBC AG (“GBC”). In this comprehensive report GBC is initiating research coverage of dynaCERT.
Based in Augsburg, Germany, GBC is one of the leading independent research and investment companies in the European financial community. GBC’s research department provides independent corporate analysis and research for high growth companies participating in the capital markets.
GBC’s research analysts conducted extensive due diligence including site visits of dynaCERT’s offices and assembly plant and reviewed in depth all the relevant technical reports concerning the Company’s HydraGENä Technology, dynaCERT’s corporate strategy and its implementation and the diesel trucking industry, among many other pertinent aspects of the Company’s business. GBC has now completed and published a wide-ranging report of their findings including an independent valuation of dynaCERT. The report has been released to GBC’s financial network and has been made available on major financial terminals in accordance with the securities regulatory process in Europe.
GBC’s analysts report establishes a target price per common share of dynaCERT of: $ 1.90 Canadian (or in US dollars: USD$1.43 or in Euros: €1.30) and a “BUY” Rating. The report describes dynaCERT as having a “disruptive proven technology with equally disruptive business model”.
The complete GBC report on dynaCERT may be obtained on major financial terminals and is available publicly via the internet at: http://www.more-ir.de/d/19029.pdf
About dynaCERT Inc.
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
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, forward-looking information in this press release includes, but is not limited to the potential expansion into new markets, industries and segments, such as diesel- powered use of any the dynaCERT products and sales. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
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