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*This clause could take up to 6 months or perhaps only 3 months. Either way the 50kW "SHOWCASE" doesn't even have a GAS LINE.
EVEN if the gas line is put in place we shareholders STILL have 3-6 months of EFFICACY TESTING to get through. The efficacy test would take shareholders into JULY, 2017 or OCTOBER, 2017 only if a gas line is installed by April, 2017.
*"DETERMENATION OR CONFORMATION OF DEMO UNIT EFFICACY TEST"
Anyone remeber this clause "2.1.6" to demonstrate COMPETENCY of DNRG's Rubicon to Edison and "potential off takers" ??
*8K MOU w/ EGOLI GAS page 2 on "5. GENERAL CONSIDERATION". a. THIS MOU IS NOT LEGALLY BINDING
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000918/ex10-1.htm
*The email I received from AVL's Martin Hauth & Paul Cassidy regarding their business relationship to Dominovas Energy's Neal Allen & Micheal Watkins.
From AVL " As the website says, AVL has a business relationship with Dominovas (SCOPE HAS BEEN LIMITED)".
REALITY HAS A WAY OF ASSERTING ITSLEF
For those who DON'T know who Martin Hauth of AVL is, DNRG's "STRATEGIC PARTNER" was quoted in a PR on November 3, 2015
AVL’s Project Manager of Fuel Cell Systems Dr. Martin Hauth comments, “The results of this study offer a roadmap and confirm the technical feasibility of the ‘commercialization’ of the multi-MW modular RUBICON™ power generation technology. We are very excited to enter into the next phase of system commercialization for deployment with Dominovas Energy.”
http://dominovasenergy.com/dominovas-energy-corp-dnrg-completes-study-for-the-commercialization-of-its-mega-watt-scale-rubicon-sofc-system/
https://www.avl.com/-/development-of-a-fuel-cell-testing-equipment-for-a-determined-temperature-distribution
Martin Hauth email: martin.hauth@avl.com
Nov. 22 and no USTDA Grant NEWS. DNRG's release of PR on the Grant was the last we'll hear about it. It may be that the US Gov't didnt deem Dominovas Energy qualified to receive grant money.
"The Company expects to receive the USTDA’s decision on its submissions during the month of October"PR
Reality has a way of asserting itself.
A venture that doesn't create value for others is a HOBBY
A venture that doesn't attract attention is a FLOP
A venture that doesn't sell the value it creates is a non-profit
A venture that doesn't DELIVER what it PROMISES is a SCAM
A venture that doesn't bring in enough money to keep operating will CLOSE
"As of September 26, 2016, there were a total of 571,712,884 shares of Common Stock issued and outstanding"
DNRG is burning through about 90,000,000-100,000,000 shares monthly. Last 10Q released on May 31 2015 (*237,304,383/Q2 )and Sept 26 2016 DNRG was at 571,712,884. Since I think the closing/date for the 3rd quarter ended in Sept It may not show the increase on the 10Q for the 3rd Q (*it's been 5 months since the last 10Q which seems strange)
10Q for 3rd Q could be in the 600,000,000-700,000,000? Just depends on when the 3rd Q closing date was...
March, 1st quarter 10Q will be the PUNCH TO THE GUT!,If DNRG can get to that point..
*"the 200MW deployment will not begin until 1st Quarter of 2017." DNRG July 15 2015
When will DNRG release a PR updating on this scheduled deployment for the 200MW on South Kivu?
“We have worked diligently to put ourselves in this position to be able to qualify for acceptance in the Power Africa Initiative, which provides us direct partner access to finance partners that share in the mission to provide power to Africa. Today, our sales cycle is maturing, our OEM partners are committed and in place, and our revenue and financing model is being received with favor. July 2015
*8K MOU w/ EGOLI GAS page 2 on "5. GENERAL CONSIDERATION". a. THIS MOU IS NOT LEGALLY BINDING
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000918/ex10-1.htm
*"The physical deployment of the RUBICON™ in the Democratic Republic of Congo is expected to begin in Q4 of 2016. Yet the 200MW deployment will not begin until 1st Quarter of 2017. DNRG July 15 2015 *200MW deployment 1st Q, yet no mention of South Kivu Province & 200MW
http://dominovasenergy.com/dominovas-energy-continues-relentless-effort-to-power-africa/
*“The institutions with which Dominovas Energy is actively engaged in project financing discussions create tremendous options in terms of financing power systems, on a multi-megawatt scale. For instance, OPIC can provide debt financing and political risk insurance to spur development investment.” July 2015 DNRG
*"Dominovas Energy Corporation announces the establishment of critical relationships with financing partners included within the scope of the Power Africa Initiative. As a Private Sector Partner, Dominovas Energy looks forward to exercising its direct access to Power Africa’s committed government, public and private sector lenders, such as Goldman Sachs, Barclays and Standard Bank, and global development finance institutions (DFIs), such as the Overseas Private Investment Corporation (OPIC) and the Africa Development Bank (AfDB). Of the aforementioned, select institutions are specifically focused on deploying capital to support further development of power infrastructure projects in sub-Saharan Africa". DNRG July 7 2015 Never Materialized, not even an MOU.
http://dominovasenergy.com/dominovas-energy-establishes-relationships-with-strategic-financing-partners/
*“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.” Michael Watkins, COO and President of the Fuel Cell Division, states back on May 3 2016
http://dominovasenergy.com/dominovas-energy-launches-the-first-rubicontm-sofc-project-in-south-africa/
*8K MOU w/ EGOLI GAS page 2 on "5. GENERAL CONSIDERATION". a. THIS MOU IS NOT LEGALLY BINDING
*http://dominovasenergy.com
Anyone else getting a "Service Temporarily Unavailable" for the DNRG site??
*8K LOI PT.2 Madagascar page 2, paragraph 5; "The views expressed within this document are those of Dominovas Energy, unless expressly indicated. Dominovas Energy does not make any warranty, expressed or implied, nor assume any liability or responsibilty for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed; nor does it represent that its use would not infringe on any parties private owned rights, including any party's intellectual property rights, including any party's intellectual property rights"
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000919/ex10-1.htm
*8K LOI Madagascar page 2, paragraph 2 "No one from Dominovas Energy Corp., it's officers, employees or agents make any representation or warranty, expressed or implied, as to the financial viability, any financial gain or the suitability of this proposal, the accuracy or completeness of this confidential documant, or any of its contents; and no legal liability is assumed or shall be implied with respect, thereto"
8k to 650MW LoI w/ Madagascar
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000919/ex10-1.htm
DNRG's Neal Allen & Micheal Watkins are truly funny & wacky guys.
Let's not forget GRUPO TREBOL acquisition PR on Feb 2016
"We are no longer pursuing the opportunity with Grupo Trébol, as our due diligence process with them did not pan out" DNRG via Facebook
“The acquisition of Grupo Trébol catapults Dominovas Energy from a ‘pre-revenue’ company to an enterprise with a positive cash flow. With this acquisition, Dominovas Energy has dramatically accelerated its goal to achieve net operating profits, which previously was set to commence in the next 9 – 12 months. The Company now realizes immediate impact to its bottom line, while simultaneously and significantly bolstering its asset profile.”
http://dominovasenergy.com/dominovas-energy-agrees-to-acquire-grupo-trebol-in-guatemala-city-guatemala/
*8K MOU w/ EGOLI GAS page 2 on "5. GENERAL CONSIDERATION". a. THIS MOU IS NOT LEGALLY BINDING
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000918/ex10-1.htm
Remember this is the MOU for the 50Kw "showcase" unit at UJ.
Those 23,706,708 shares to John Fife are very close to the 21,944,635 shares previously owned by around 104 different investors that were re-sold in a "private transaction". According to the S-1 filing on July 2014 the shares will be offered at a privately negotiated rate.
Keep in mind that Allen & Watkins took over Dominovas Energy on February 23, 2014.
S-1 July 2014 regarding the 21,944,635 shares
https://www.sec.gov/Archives/edgar/data/1343254/000116552714000452/g7511.htm
John Fife regarding 23,706,708 shares
https://www.sec.gov/Archives/edgar/data/1343254/000114036116075631/doc1.htm
http://promotionstocksecrets.com/dominovas-energy-corp-dnrg-stock-research-report/
Read throught the "Madagascar" 8K's and DNRG has started to mention Goldman Sachs, Standard Bank, African Development Bank, Development Bank of Southern Afric, International Finance Corporation and the European Development Bank. Yet not 1 mention of GREACREST LLC
DNRG also mentions "Power Africa" and do to the partnership DNRG has access to finance partners. Don't think Mark Grober's GHS Capital & Investments is 1 of them...
You can find this on Page 5 under 1. FINANCIAL CAPABILITY allowing for no cost to The Republic of Madagascar
8K for Madagascar
https://www.sec.gov/Archives/edgar/data/1343254/000116552716000919/ex10-1.htm
DNRG's ONLY financing has been GHS CAPITAL & INVESTMENTS, that not a coincidence. When you look at all the given choices and look at the ones Allen & Watkins have gone with you get youre answer as to the kind of company you get with WATKINS & ALLEN.
In business when you do something WRONG you LOSE money this is telling the owners you have to adjust.
Allen & Watkins have been doing this for 3 years and IT"S NOT WORKING. DNRG don't even MAKE THE PRODUCT, becaue they aren't a MANUFACTURE and clearly not BUSINESS PEOPLE more like PREACHERS OF RUBICON and the preacher is no good without it's CONGREGATION and perhaps it's donations.
Sy - Do yourself a favor and look up the date in which you saw "DNRG" specifilcally at $6.
How do they stay in "business" ? By the way you should know these things, it's important. Allen, Watkins, Islam, DeJesus stay in business via selling shares & increasing Authorized Shares, "Toxic Lending"
Shareholders are Subsidizing 100% of DNRG the Company & all the salaries.
February 24 2017 will be the 3 year benchmark Allen & Watkins have been in control & running DNRG. What have they PRODUCED in that alotted time that you would be able to call DNRG a business & not a HOBBY?
If you believe in the company/the people this would be an easy answer for you.
If there is someone SMART enough to SELL it, then there is ALWAYS be someone DUMB enough to BUY it.
The Allen & Watkins business philosophy on shareholders:
*"Getting in on the ground floor of a game-changing company like this could be the difference between you having a house in the suburbs or a mansion in the high rent district[/b]"
Remember to buy DNRG shares in HUGE BLOCKS next week (it's a short week so don't wait). It would be your misfortune to miss out on purchasing that MANSION you and your family also knew you deserved.. I can feel it, MEGA NEWS is coming. HIGH RENT DISTRICT HERE WE COME!! QUE the Jeffersons Theme Music "WE FINAL GOTTA PIECE OF THE PIE"
http://blog.qualitystocks.net/dominovas-energy-corp-dnrg/dominovas-energy-dnrg-providing-efficient-green-energy-solutions-in-any-environment/
“One hundred percent of phase 1 project costs for deployment of RUBICON™ systems are covered in this first tranche of financing. Dominovas Energy remains on schedule and on budget for 2016,” Allen continued.
"The physical deployment of the RUBICON™ in the Democratic Republic of Congo is expected to begin in the fourth quarter of 2016, marking the largest single deployment of fuel cell technology on the continent of Africa"
"Graecrest remains actively engaged, as the securing of contracts is one thing…making sure the projects can be properly secured with the appropriate financial guarantees is ultimately the biggest key to the process" DNRG's FB
http://dominovasenergy.com/dominovas-energy-secures-landmark-commitment-for-1-2-billion-us-dollars-for-manufacturing-and-deployment-of-its-rubicontm-sofc-systems/
http://blog.qualitystocks.net/dominovas-energy-corp-dnrg/dominovas-energy-corporation-dnrg-is-powered-for-growth-in-africa/
https://www.findit.com/bakcapvpfqqxwkj/RightNow/dominovas-energy-corpt/90922392-b7b2-4a13-a756-f46538684062
"1.2 billion om the way". This is VERY much up in the air so is the CITY of DAVID PPA. There is a another Private Partner in DRC that is EXCLUSIVE to DRC and has recently become part of the POWER AFRICA INITIATIVE. DNRG likely knows who they are and it falls in line with what the folks in the City of David explained...
DNRG will have to release "MEGA" news within the next 2-3 weeks.
The "MEGA" news will combat the 10-Q financials.
*"Graecrest remains actively engaged, as the securing of contracts is one thing…making sure the projects can be properly secured with the appropriate financial guarantees is ultimately the biggest key to the process" DNRG's FB
*Ismael Diakite Managing Director at Dominovas Energy Corporation
https://www.linkedin.com/in/ismael-diakite-739715126?authType=name&authToken=xvRo&trk=prof-sb-browse_map-name
New hire Ismael Diakite's resume looks promising??
*Nov.17.2015 announces that it has signed a commitment from GHS Capital to invest up to $7.5 million in the Company over the next 36 months to support ongoing day-to-day operations and other general corporate purposes.
Key here is "OVER THE NEXT 36 months" which would take DNRG into Nov, 2018 but Allen & Watkins have used up the whole $7.5 MILLION already, in the course of just 12 months not 36 months.
"Dominovas Energy Corporation has been selected by the government of Angola to become an Independent Power Producer and has received a license from the Angolan Ministry of Petroleum. The license authorizes Dominovas Energy to provide clean and reliable electricity to companies within the oil and gas industry, including the parastatal Sonangol Group". NOV. 2015 8K **Nothing has been said about Angola or even one PPA in 12 months
https://www.sec.gov/Archives/edgar/data/1343254/000116552715000544/g8073.htm
http://dominovasenergy.com/dominovas-energy-acquires-independent-power-producer-license-from-the-angolan-ministry-of-petroleum/
*Olivier FOUSSE AKA AxlDeel Partners LLC 8K'd today
Managing Partner at AxDeel Partners LLC
*What's the purpose of even being involved with Power Africa if DNRG can't UTILIZE what they have to offer with there network and influence. AxDeel LLC is a side hussle.
Olivier Fousse
Business funding specialist
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contact@businessfast.loan
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www.mpbusinessfunding.com
"Managed the capital investment program for financing ~US$6.7 billion in solid oxide fuel cell (SOFC) power generation systems, which are supported by signed/executed Power Purchase Agreements (PPAs) with off-takers throughout sub-Saharan Africa".
Dominovas Energy is not based off of REALITY but instead making up the "truth".
The $6.7 BILLION claim is EXTRAORDINARY and unbelieveable with no in-depth explanation. To add perspective, Walmart recently purchased Jet.com for $3.3 Billion, and Walmart & Jet are companies with history and REVENUE and DNRG have NO assets or viable product and claims $6.7 Billion??
https://www.linkedin.com/in/eric-m-fresh-0408b12?authType=name&authToken=pjfX&trk=prof-sb-browse_map-name
“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
http://dominovasenergy.com/dominovas-energy-announces-plan-to-restructure-and-consolidate-outstanding-debt/
THERE IS NO BALANCING DNRG's REALITY WITH FACTS.
"Dominovas Energy is one of the most prolific companies of its kind in the fuel cell industry"
Is this based off of DNRG's achievements and units installed??
THERE IS NO BALANCING DNRG's REALITY WITH FACTS.
*Absolutley have. I have been able to speak with AVL, Delphi, UJ Professor, USAID, City of David folks.
The only folks that do NOT reply back is of course DNRG, SolidPower, Andritz and Edison Power in SA.
*Great question! At the very least a photo of the FUEL CELLS only and NOT the REFORMER AKA the Rubicon. The Reformer is the star of the show.
I would say email them but DNRG's Investor Relations DOESNT EXIST.
*Delphi's reply on DNRG MOU.
XXX,
Delphi has placed our Solid Oxide Fuel Cell Development on the shelf; the technology is ready for commercialization however the applicable markets are not. If there is a specific question on Dominovas, we recommend you speak with them directly.
Sincerely,
Delphi Investor Relations