Topic: How To Invest

Q: Pat: I would like your opinion on DynaCERT. Thanks.

Article Excerpt

A: DynaCERT, $0.80, symbol DYA on the Toronto Venture exchange, (formerly Dynamic Fuel Systems Inc.) (Shares outstanding: 213.6 million; Market cap: $186.8 million; www.dynacert.com), continues to develop, test, make and distribute a transportable hydrogen generator. The product is for the aftermarket and is focused on increasing the fuel efficiency of large internal-combustion engines. They include the engines of heavy tractor-trailers as well as large stationary power-generation units. DynaCERT’s HydraGEN technology creates hydrogen and oxygen on demand through electrolysis and then passes them through an engine’s air intake manifold to enhance combustion. The result is lower carbon emissions and greater fuel efficiency. While the technology has strong potential, the company faces significant barriers to broad commercialization. These include its current cost competitiveness, the future costs of truck fuel, and the transportation industry’s reluctance to try a new product. Regulatory requirements and the potential emergence of newer, more competitive technologies also add risk. Still, DynaCERT continues to make sales. During the first quarter of 2017,…