Dominovas Energy Corp. (fka DNRG)

[Neophius]

The OS as of February was 192,914,996.

The Authorized was 700 million.

I'm not sure where you're getting 770 million OS.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11269668

The OS could only have been increased by 35 million shares because of the GHS note. This means that DNRG is diluting as well; there's no way the OS increased that much just from GHS.


Summary of the S1:

Summary of the Offering

Our common stock is traded on OTC Markets under the symbol “DNRG”. On December 16, 2015, the last reported sale price for our common stock was $0.052 per share.

Shares currently outstanding:

174,764,271 common shares.

Shares being offered:

The selling stockholder identified in this prospectus may offer and sell up to 35,000,000 shares of our common stock, which will consist of up to 35,000,000 shares of common stock to be sold by GHS pursuant to the Investment Agreement. If issued presently, the 35,000,000 shares of common stock registered for resale by GHS would represent 20.0% of our issued and outstanding shares of common stock as of December 16, 2015.

Offering Price per share:

The selling stockholders may sell all or a portion of the shares being offered pursuant to this prospectus at fixed prices and prevailing market prices at the time of sale, at varying prices or at negotiated prices.

Use of Proceeds:

We will not receive any proceeds from the sale of the shares of our common stock by the selling stockholders. However, we will receive proceeds from our initial sale of shares to GHS, pursuant to the Investment Agreement. We will pay for expenses of this offering, except that the selling stockholders will pay any broker discounts, commissions, or equivalent expenses applicable to the sale of their shares.

OTC Markets Symbol:

DNRG

Risk Factors:

See “Risk Factors” beginning on page 5 and the other information in this prospectus for a discussion of the factors you should consider before deciding to invest in shares of our common stock.