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.
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.
Mid FEB. DNRG may hit 1 Billion Outstanding Shares. Only 500,000,000 million left of A/S after that 1 Billion point.
10Q - Jan.2017 // 65,065,265 million shares converted so far for the month.
Link to DNRG 10Q
https://www.sec.gov/Archives/edgar/data/1343254/000116552717000007/g8357.htm
*12wks until April 1st* This timeline will be the death of DNRG for Neal Allen & Mikey Watkins.
No news on the PPA for CITY OF DAVID & SOUTH KIVU, you don't have to wonder why...
*You have to consider the list of TREACHEROUS names involved with DNRG:
GHS Capital / Investments (Mark Grober/Toxic Lending Specialist)
John M. Fife (Typenex Co Investment & Red Cliffs Investments & JFV Holdings, INC) *Fined by the SEC for penny stock scams
Pyrenees Investments. LLC (AKA Matthew Schissler, toxic lending)
Chase Chandler of Brunson, Chandler & Joens, PLLC (involved in many penny stock scam models)
Kodiak Capital (Just google them, nothing GOOD comes up)
Monaco Capital (uses a Belize address)
Neal Allen & Micheal Watkins (Watkins sued by his Grandfather over a million dollars that disapeared & Allen how was a sports agent, car dealer ship owner, and "private trust" mgmt chairman.
NOT 1 NAME HERE IS UNDER OR PART OF THE POWER AFRICA INITIATIVE. This is not a COINCIDENCE! Allen & Watkins are ghetto blaster business owners.
*The ENTIRE REASON DNRG entered into TWO NEW DIVISIONS (HYDRO & COAL) is do to the FACT that the FUEL CELLS (RUBICON) is NOT BEING WELCOMED w/ open arms. Too expensive & no one knows if the product will work as is proclaimed and no body WANTS to spend the money to find out, especially with Allen & Watkins at the HELM, too risky to bet on two guys with ZERO experience in this sector.
Watch the UJ showcase quietly fade away. It will be just like what DNRG has to say about "CITY of DAVID" & "SOUTH KIVU" NOTHING.
Madagascar PPA is called "KICKING THE CAN DOWN THE ROAD" that is what Allen & Watkins do BEST.
Michael Watkins, COO and President of the Fuel Cell Division, states, “Given the Company’s current production schedule, we could not be more excited about the opportunity before us today. By August of this year, Dominovas Energy will have the first RUBICON™ SOFC unit operating in sub-Saharan Africa — more than a year in advance of the commercial operations date (COD) for our first scheduled deployment.” Watkins went on to say, “The partnership agreement with Edison Power Group includes the minimum deployment of 50MW over the next 5 years of Dominovas Energy’s RUBICON™ fuel cell system.”
All ALLEN & WATKINS have BULIT IS A WALL AGAINST ACCOUNTABILITY>
*CEO (NEAL ALLEN) UPDATE LETTER in its entirety
NO MENTION OF TWO PPAs "CITY OF DAVID" & "SOUTH KIVU" 3MW & 200MW
With Allen's answers to releasing PHOTOS of the RUBICON, its NOT what he states, the reason is specifcally because the 50Kw unit is NOT BULIT or being BULIT. The Rubicon "showcase" or "system" which ever name DNRG calls it, is more than ever, never likely to be BULIT. Work on the gas line still has NOT BEGIN on the UJ CAMPUS do to the fact DNRG have no MONEY, but just enough for 25% raises, sounds like DNRG put themselves before the SURVIVAL OF THE BUSINESS. "I LOVE THE WAY THINGS ARE COMING TOGETHER, I'M BUYING MORE" are NAIVE words whether truy believed or not...
*Great you pointed this out. I explained that NO Gov't would give DNRG (ALLEN & WATKINS) free money. The reasoning, too many negative issues that follow this Company and it's individuals, no PPAs are legally binding, financials are out of control, (red flag: 25% raises to 3 top heads when the company has zero revenue), spending with toxic lending, City of David & South Kivu are not happening, missed the August timeline for 50Kw unit, DNRG's Rubicon is said to be too expensive for the City of David & Africa. Also said that the Rubicon was not properly explained. And the fact that Allen & Watkins have ZERO experience with Fuel Cells & Renewable Energy, Allen & Watkins gave the US Gov't EVER reason to say NO to the grants. NO one deems dominovas energy worthy to accomplish any but unfortunately dilution.
NEXT, Graecrest will be out of the picture. Watch now how shares are dumped in excessively large numbers. "nothing can stop DNRG" has never been the case.
*SEC.GOV site still has "1395 Chattahoochee Ave" as their "Business & Mailing Address" DNRG is NOT operating out of the address. Instead a company called "BEST CHEER STONE" or BCS Showroom has been operating out of "1395 Chattahoochee" since MAY 2015 and before BCS in May of 2015 was SNS a Turkish Company occupying the 1395 Chattahoochee warehouse location.
*DNRG will NOT be repaying convertible notes w/ CASH nor has DNRG "Changed our methods of financing & operating". Paying cash was the idea when DNRG had plans to acquire "GRUPO TREBOL" a company that had POSTITIVE CASH FLOW. Grupo Trebol is no longer in the picture so DNRG will NOT have POSTITIVE CASH FLOW
BY THE WAYTHIS PR WAS RELEASED IN JUNE 2016. IN HALF A YEAR NOTHING HAS CHANGED.
*DNRG depends on you "BUYING" their fool theory: Graecrest will not come into the picture for DNRG. Read these PR excerpts, Allen claimed to be "ON SCHEDULE & ON BUDGET for 2016" *When does your hope have to be backed up w/ ACTION? Look at the quality of people, Allen & Watkins are not quality folks. GHS Capital is STILL involved here and thats not GOOD.
*Reality has a way of asserting itself. When you have zero revenue toppled with Toxic Lending you go out of business. But I don't believe Allen & Watkins ever intended to deploy any product but rather simply use the convetiable debt as a way to siphon money at will.
Madagascar 650MW not going to happen. "No obligaton to enter a legally binding agreement" & all of their PPAs that are NOT legally binding is perhaps another reason why GRANTS weren't given to DNRG. Why give grant money to DNRG who have NO legally binding contracts and have no operational efficiency for a company tight on cash. Not to mention 2 men at the helm w/ zero background in renewable energy & zero product history.
DNRG 8k w/ EGOLI GAS, nothing is going to happen. Not a legally binding MOU, DNRG has made a zero commitment. I bet UJ has started to REALIZE this. The construction hasn't even started.
Any financing lender would have to look into DNRGs filing and see that DNRG hasn't a clue what they doing or simple that DNRG is a vehicle for Allen & Watkins to siphon money from. Either way no one would lend DNRG money because the lender knows they would get ZERO return on it. Funny how the only lender for this company is GHS Capital & investments, who seem to be all over penny stocks and all over this Ihub board lending the SAME amount $7,500,000 million to each penny stock company, funny how that worked out.
All pumpers are selling is a FEAR OF MISSING OUT.
I've spoken with Executive Dean of UJ: Prof Saurabh Sinha. Do yourself a favor and speak with him. Not via email but schedule a phone call with him.
*Ever heard of Theranos? How about Rupert Murdoch, Riley Bechtel, George Shultz. I'm sure you've heard of Walgreens, all of which invested in Theranos (a startup & game changer). They all were scammed & watched HUNDREDS of MILLIONS of DOLLARS get WIPED OUT.
The idea that because a "university" is involved & photo with a President (the photo didn't look like a close door meeting or anything formal, more like a "Stop & Chat") perhaps you're too trusting. UJ is out nothing, its of no cost to them, hence why they have not promoted the fuel cell unit or it's installation. Most students on Campus don't know about the fuel cell unit.
Wheather we like it or not reality has a way of asserting itself. Regardless of your personal point of view...
it is in 10k
*Wheather we like it or not reality has a way of asserting itself. Regardless of your personal point of view...
*Selling the FEAR of MISSING OUT. Could work...
*GoldenMind:"No dilution!!!! Haha dont plan to at these joke levels, watch and learn"
"Zero diltuion looks like again" Tuesday, 11/22/16 01:26:44 PM
"Avoiding the point of the trade data, dilution is over and its starting to rise, hence the eating of the .0017s on friday and no dilution ;) good luck, scary if anyone cant tell. $DNRG being talked about a lot this weekend"
"DIlution is over and its obvious as of last week(check the trades from last week), from May till September THE company diluted 330+million shares and since then(over 2 months later) only 20 mil more have hit the market. Obviously Dilution has ended and the company can finally go back to penny land, hence all the buying last week. Goodluck but cant argue with FACTS!
And just becasue someone thinks different does not make them wrong. It a cold world when life is lived in such an ignorant manner."
"ALSO YOU KNOW DILUTION IS DONE! AND NO NEW SHARES FROM AS HAVE EVER HIT MARKET!"
"INteresting loading and dilution seems to be over right after they announced some crazy things. looking
forward to new few weeks"
"NO dilution all week, never has happened before, bottom in, once again I will say, hahahah, Lots of news on the way. You keep proving my point thank you, $DNRG primed http://ih.advfn.com/stock-market/USOTC/dominovas-energy-corporation-DNRG/trades check it outThursday, 12/08/16 11:28:25 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127189606
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126742816
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127177624
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127167343
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127166388
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127166037
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127122946
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127102687
*DNRG warehouse is ACTUALLY "BCS Showroom" for kitchen designs. DNRG was NEVER there but $837,000 was put on the books for the "warehouse until Nov.2019".
https://www.facebook.com/bestcheerstoneatlanta/ (BCS Facebook with DNRG's address 1395 Chattahoochee Ave NW
Atlanta, Georgia 30318
From DNRG 10K
*Page.34 "Management intends to obtain additional funding by borrowing funds from its directors and officers, issuing promissory notes and convertible debt and/or a private placement of common stock"
DNRG is DEAD. As for UJ, remember that one time, DNRG was gonna do that one thing...And for those who like to hurt themselves on purpose, JUST KEEP "BUYING MORE"? Tomorrow should be a GREAT DAY FOR BUYING ALL YOUR WALLET CAN HANDLE.
"706,436,688 shares of common stock outstanding as of December 12, 2016".
Up from September 26, 2016, there were issued and outstanding 571,712,884
Share increase of 134,723,804= 67,361,902 share increase per months since Sept.26
*Ever heard of Theranos? How about Rupert Murdoch, Riley Bechtel, George Shultz. I'm sure you've heard of Walgreens, all of which invested in Theranos (a startup). They all were scammed & watched HUNDREDS of MILLIONS of DOLLARS get WIPED OUT.
The idea that because a "university" is involved & photo with a President (the photo didn't look like a close door meeting or anything formal, more like a "Stop & Chat") perhaps you're too trusting. UJ is out nothing, its of no cost to them, hence why they have not promoted the fuel cell unit or it's installation.
Wheather we like it or not reality has a way of asserting itself. Regardless of your personal point of view...
*Bottom line DNRG have NO MONEY. They have lost both PPAs City of David & South Kivu.
You're EXACTLY right. The timing is just too much of a coincidence for it NOT to play out that way.
Neal Allen & Micheal Watkins should have made very close to $1,000,000 each not including there generous salaries and boogus $840,000 defaulted "warehouse" that is on the books.
A venture that doesn't bring in enough money to keep operating will CLOSE
***DNRG brings in $0/ZERO MONEY & will CLOSE. Allen & Watkins were going to get REAL financing it would have taken place by now and it hasn't. No person, bank, or venture capitalist are going to lend financing to folks like Neal Allen & Micheal Watkins with their wobble past.
The banks and VCs know that they wouldn't get their MONEY BACK and thats the simple reason why DNRG were never able to get financed. The Company is DEAD and if you think otherwise WATCH THE RELEASE OF THE 10K & 10Q.
*DNRG's PR's are an AVALANCHE of SAMENESS. With each PR becoming a destraction for the previous claims.
In other words, PR's have become DNRG's weapons of MASS DISTRACTIONS from the fact that not only have real HEAVY HITTERS entered DRC with Hydro Porjects that have been already been completed. Companies are on to there 3rd project in DRC now. Smaller Hydro projects have begun with financiers with names we all would know just by mentioning their last names.
DNRG is been left behind and it's because the Company was NEVER A BLIP on the RADAR for anyone.
Watch and see exactly how the next 6 weeks turn out for the Company.
*DNRG again use a Bloom Energy Photo to portray as it's own porduct
Below is the original photo by Bloom Energy
Photo DNRG used in Bloom Energy article
https://gigaom.com/2010/02/24/live-the-bloom-energy-unveiling-event/
*Madagascar 8k "under no obligation to enter into legally binding agreement"
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000919/ex10-1.htm
*You're absolutely entitled to your own opinion but not your own FACTS...