Mr. Jim Payne reports
DYNACERT PATENT GRANTED
A U.S. patent (U.S. patent No. 10,253,685) was issued for DynaCERT Inc.'s U.S. patent application No. 14/423,602 titled "Method and System for Improving Fuel Economy and Reducing Emissions of Internal Combustion Engines" on April 9, 2019. A continuation application (U.S. patent application No. 16/280,091), claiming the benefit of the U.S. patent application No. 14/423,602, was filed on Feb. 20, 2019, and is currently pending. A corresponding application is also filed in Canada under Canadian application No. 2882833 and is also currently pending.
Previously issued options
The company wishes to clarify disclosure of its recent issue of options as published in its press release dated March 1, 2019, where it was announced that six million options had been awarded to a number of directors, officers, advisers and consultants with an exercise price of 38 cents per share for a term of five years. In fact, only five million such options were issued. In November, 2018, one million options had been issued which did not require press release disclosure under TSX Venture Exchange Policy 4.4.
DynaCERT manufactures, distributes and installs carbon emission reduction technology for use with internal combustion engines. As part of the growing global hydrogen economy, the company's patent-pending technology creates hydrogen and oxygen on demand through electrolysis, and supplies these through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. The company's technology is designed for use with all 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 railway locomotives.
We seek Safe Harbor.
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