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dynaCERT Suspends Purchase Order Of HydraGEN Technology Units In Guyana
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dynaCERT Suspends Purchase Order Of HydraGEN Technology Units In Guyana
Apr 1, 2024 5:21 AM

07:57 AM EDT, 04/01/2024 (MT Newswires) -- dynaCERT Inc. (DYA.TO), a developer of carbon emission reduction technology, said over the weekend that it has indefinitely suspended a purchase order of its HydraGEN Technology units in Guyana, citing delivery issues and related litigation.

The company previously said it delayed deliveries to the recipient pending further notice that certain outstanding issues had been resolved.

dynaCERT said the issues have yet to be fixed despite months of talks with the representatives of the order recipients. The company has also been notified of legal actions requesting the return of the deposit and claim for damages.

dynaCERT said the litigation has no merit.

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