Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
35 days left, rapid collapse. Floors are caving in, time is almost out.
37 days left, looking very bad. I hope everyone sold out, this week it might see .003's. That's insane, seeing that would mean it halved again in 10 sessions.
Yes, 70 million as of End of May and 20 Million in June/July.
https://s31.postimg.org/94c0q849n/90_Million.jpg
DNRG issued 90 million shares for toxic financiers to convert and that keeps growing every week:
https://s31.postimg.org/94c0q849n/90_Million.jpg
10Q is just as the critics predicted. Bad, bad, and more bad. Nothing good in it at all.
Glad to see you here. May I ask what makes you still confident in this, even after the POS has been demolished in the last few months.
The next few weeks will be very telling
Glad to see everyone on board
Yeah most of us are just quiet waiting
I'm here. Added a bit on the way down, but am just watching the next few months. If they right the ship I will toss more money at it. I'm still confident we will get back up to where we were before the long slide down.
Dominovas Energy Announces Plan to Restructure and Consolidate Outstanding Debt
ATLANTA, GA--(Marketwired - Jun 29, 2016) - Dominovas Energy Corporation (OTCQB: DNRG) today announces the activation of a plan targeted to restructure and eliminate the Company's approximately $700,000 in convertible debt. As the Company entered into an agreement with GHS Investments, LLC and it received an effective notice for its S-1 filing in January of this year for up to US $7.5M, its plan now is to utilize this vehicle for operating capital and to reduce its convertible debt.
On November 12th, 2015, the Company closed agreements with GHS Investments, LLC for the purchase of Dominovas Energy shares which would allow the Company to receive up to $7.5M. On January 11, 2016, the Company received its notice of effectiveness for the S-1 Registration Statement from the Securities and Exchange Commission that was filed late December of 2015. This plan represents a shift in the overall financing strategy of Dominovas Energy, moving away from the utilization of convertible debt as a sole source of financing.
As the Company draws down on its GHS Investment equity line and has additional cash proceeds available, it plans to enter into discussions with its convertible debt financing partners for the potential repayment of the convertible notes with cash instead of shares. The Company is also in discussions with GHS Investments regarding long-term equity financing strategy that is not a convertible debt structure. Dominovas Energy currently has no plans to take on any new debt or operational capital in connection with this restructuring plan.
"Dominovas Energy is one of the most prolific companies of its kind in the fuel cell industry. It has best-in-class strategic partners for the build and manufacturing of its RUBICON™ fuel cell system; it has contract orders for multiple-Megawatts (MW); it has project financing in place once requisite guarantees are set and in place; the Company has what most Companies in the industry have longed for - so we had to take a close look at what could be depressing the stock price," said Dominovas Energy COO Michael Watkins. "We came to the realization and belief that there is simply too much pressure on the stock as a result of the existing convertible debt; and with our new plan to eliminate said debt, we hope to see representative growth for the Company. We have changed our methods of financing and operating the Company with a goal of increasing clarity and reporting of our operations and providing a stronger vehicle for our shareholders," Watkins concluded.
"With the successful presentation of the 50kW 'Showcase' set for installation in Johannesburg, South Africa in August, the Company will be well on its way for the eventual deployment of its multi-Megawatts units in sub-Saharan Africa," said Watkins.
About Dominovas Energy Corporation (OTCQB: DNRG)
Founded in 2005, Dominovas Energy Corporation (DEC) is a publicly traded company, based in Nevada. With its operating headquarters in Atlanta, Georgia, USA, Dominovas Energy Corporation is a leading power solutions provider to emerging markets around the world. DEC employs its proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) technology for deployment in multi-megawatt power generation units worldwide. The worldwide pursuit of clean and efficient production of electricity via Solid Oxide Fuel Cell technology inspired its founders to create an "energy solutions" company. Recognizing that "green" and "alternative energy" markets offer immense potential for growth, Dominovas Energy is aggressively moving to allocate its intellectual and financial capital forthwith, in order to strategically address a green energy solution that is 100% reliable, efficient, and measurably cleaner than GenSets and CCGT. Additionally, unlike wind and solar solutions the RUBICON provides baseload power 24/7/365 days a year. By manufacturing and deploying the RUBICON™ throughout of the world, Dominovas Energy is committed to creating shareholder value by not only generating guaranteed revenue streams, but also by increasing the value of "human and community capital." Devoted to core values by operating under the utmost of honesty and integrity in all its business transactions, Dominovas Energy is additionally dedicated to respecting the rights of all individuals, while acknowledging and respecting all cultures necessary to support the growth and development of the communities and countries in which it operates. The Company strongly believes in the impact this singularly advanced technology will make on the world and is resolute in its mission to provide electricity where and when economically viable.
For more information, visit www.dominovasenergy.com.
Forward-Looking Statements
This press release, as well as other statements made by Dominovas Energy Corporation (the "Company"), contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the Company's operations and business environment, which may cause the actual results of the Company to be materially different from any future results. All statements that address future operating, financial or business performance or the Company's strategies or expectations are forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements as is applicable would be discussed under captions as follows: "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's filings as would be filed with the Securities and Exchange Commission as required. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. It should be remembered that the price of the ordinary shares and any income from them can go down as well as up. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.
"Show back"
Unlike you, I haven't ever left. Where ya been hiding?
Why are you here? Obviously it's not great, make sure you show back when this starts gaining some momentum.
Diz board dead. Real dead. Bye felicia.
8K filing...
Dominovas Energy Corporation has entered into a three-year collaboration agreement with the University of Johannesburg, having executed a Memorandum of Agreement with University officials. As Dominovas Energy recently announced it will install a 50kW “Showcase” unit in Johannesburg, through collaboration with key officials in the City, it has been determined the “Showcase” will be installed on the campus of the University of Johannesburg. The “Showcase” will become a staging area for Dominovas Energy to show potential off-takers, government officials from the region, as well private investors the full prowess of the technology. Dominovas Energy will also establish a satellite office on the campus for ease of future presentations and classroom operations.
In addition to the installation of the 50kW “Showcase”, Dominovas Energy and the University of Johannesburg have committed to create an “Institute for Hydrogen Fuel Cell Technology”, to allow not only for the continued proliferation and research of the technology, but to also allow students of the University to actively participate and study the technology through the new curriculum that will be jointly developed by Dominovas Energy’s Dr. Shamiul Islam, University of Johannesburg professors, and AVL Gratz Gmbh engineers.
Ongoing coordination continues with Dominovas Energy and its initial off-taker in South Africa, the Edison Power Group (EPG) for the delivery of the initial 50kW “Showcase” and the subsequent 50MW that will be installed by way of guaranteed PPAs over the next five years, following the successful demonstration of the RUBICON™. This was announced previously by way of a Press Release at the beginning of May.
Dr. Islam presents the RUBICON in South Africa
http://dominovasenergy.com/dr-islam-presents-the-rubicon-in-south-africa/
That's because there's absolutely zero indication this is a valid long-term investment. Nothing. Zilch. It's absurd to sell it as a long-term investment. Disservice to anyone who has an ability to look at a chart for 6 seconds.
"No it isn't I'm not sure why everyone is impatient with this stock other then the lack of communication..."
Lol, no, it's far more than that. But if you think a stock with a terrible management is a good stock to invest in, I'd hate to see your portfolio.
No it isn't I'm not sure why everyone is impatient with this stock other then the lack of communication but we have a demo being built nothing more is going to happen till the demo is finished in 45 days they have a fuel cell supplier in africa which cuts cost and is building the demo for them they are continuing to make progress on the patt app and other commitments. Alot of the news will come after the demo is completed and running as a proof of concept there has been alot of progress made over the last year and I think there will be alot more made over the next 6 months this will probably fall to the support level at .004 like it did last year just before it popped to .30 everyone's looking for a quick trade to make money and not seeing this as a long investment
Is this thing completely dead at this point?
Please show us a picture of hydro Turbine installation that DNRG isnvolved in. I dont care about pictures of cute little children or Neal Allen posing
by a river. Show was somethng relevant
MANY NEW PHOTOS OF NEAL ALLEN, MICHEAL WATKINS & LEESHAN RAMASAMY all wearing Dominovas Energy hats and shirts
12 NEW PHOTOs are for the new division;
http://dominovasenergy.com/currentergy/gallery/
Thank you, Capitan obvious.
Terrible performance today by DNRG on $7000 in volume. Very ugly.
Slip sliding away.. Slip sliding away... subpenny is here to stay.. slip slipping away
What's gonna be on a 10Q? More toxic debt. No expectation of things without 8K being on there.
Thanks guys. Looking forward to seeing what's in store.
Last year 10q was posted on 7/20 so would expect same time frame this year which would also put us about 2 weeks till prototype is built and done so would expect a nice rally then
I think the quarter closed a couple
days ago. I think they have 30 days from that point to file. A lot of times pennies file late,cause they are the last companies to be processed by accountants-firms.
I see this as a pivotal point for investors.
Short increases,plus sentiment is wanning. Yet,alleged news releasesfrom dom have some good development,If accurately portrayed. Patt App showing progress too. So who is right? Stay tuned......
Can someone tell me if they can wait till 10q to post El group type purchases or if theypneed to announce that in 8k form?
TS
Anyone know when this 10q is expected to hit they keep referring to on the other board?
Thanks lots,
I will email you in the next day or so. Busy rest of today.
TS
Sent you a email.
thanks, a lot here will depend
on the next 30-45 days. As far as QS , imho they were
a waste of time. I called them a couple times and never
really had a high opinion of them.
If you need to get in touch with me, my email is
thundersteel2016@yahoo.com
TS
I hear ya.. Good luck in your other plays.
Yes, been busy and watching other
stocks. I am in a holding pattern here.
TS
Katrina Pielli
Senior Energy Advisor at U.S. Agency for International Development (USAID)
https://www.linkedin.com/in/katrina-pielli-07788429
Katrina.Pielli@hq.doe.gov
202-287-5850
Neal Allen has just posted a letter from Power Africa (dated a year ago) the letter is from
Andrew Hercsowitz who heads up ALL of Power Africa.
http://dominovasenergy.com/key-partners/
How low do you think it will go by the end of June? .006? Or lower? It's losing 50% of it's value every 6 weeks or so, so that makes sense.
Barely returned back above penny. Looks like DNRG may never release 8Ks. No DNRG employee has purchased shares since last summer.
What recent developments? Does dead silence count as a recent development?
Hey phtephen glad you on here I know most of us have been quiet lately what are your thoughts on recent devolupements with this company? If you would prefer to chat via email so everything isn't blasted by tide my email is mundmohr25@gmail.com would be great to hear your insights like you I have been here almost a year and am confident in what I have seen
Sure thing. I do not pay for private messaging. If you can send me your email I will respond.
I'd appreciate it if we could have a conversation via email not message board. Let me know if you are willing to.
Followers
|
18
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1882
|
Created
|
07/28/15
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |