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Don't be surprised if Allen & Watkins PR using the Rubicon to "mine" Bitcoins
"Q4 (2017)should welcome the commencement of feasibility studies" On Madagascar Also DIDN'T Happen.
Keep in mind what COO, Michael Watkins said via FB "We only report things we do. We could easily exercise and play within the game of hyperbole and 'I'm gonna', but we think that is dangerous, irresponsible, and not fair to investors interested in the genuine well-being and growth of the company. What I can assure you is we are working diligently on your behalf and each of our investors" Jan 2016 Every DNRG PR is EXACTLY that "hyperbole & I'm gonna"
"GHS Capital to invest up to $7.5 million in the Company over the next 36 months to support ongoing day-to-day and other general corporate purposes" November 17, 2015
36 months ENDs this NOV. 2018. $7.5 million for "day-to-day" operations. Keep in mind DNRG have less than a handful of folks to "pay".
"it solidifies the platform for continued business development and implementation of the Company’s strategic vision for expansion and deployment of the RUBICON™ into global frontier markets in 2016.” VERY scammy
http://dominovasenergy.com/dominovas-energy-signs-financing-agreement-with-ghs-capital/
Wishing for Allen & Watkins appear on SharkTank, so we all could see the stain they both leave on the floor as they leave.
God only KNOWNS & he ain't TALKING!
"I Am Not A Crook' DAMN GOOD TIMES"
Big Scam "DNRG Launches the First Rubicon(TM) SOFC Project in South Africa" May 3, 2016 || This event NEVER happened
http://dominovasenergy.com/dominovas-energy-launches-the-first-rubicontm-sofc-project-in-south-africa/
SCAMMY, Watkins: "the Company will be ready to fire up the ‘Showcase’ and show its capabilities to the public at large" 9/21/16 on UJ deployment
http://dominovasenergy.com/dominovas-energy-seeks-to-become-an-exclusive-energy-provider-for-the-university-of-johannesburg/
Definition of a SCAM "100% of phase 1 project cost for deployment of RUBICON systems are covered in this 1st tranche of financing.Dominovas Energy REMAINS ON SCHEDULE & ON BUDGET FOR 2016" Neal Allen on City of David PPA 3MW project
Reminder DNRG has no MOU, LOI, or 8k w/ "GRAECREST" or "Leveraged Green Energy (LGE)"
http://dominovasenergy.com/dominovas-energy-secures-landmark-commitment-for-1-2-billion-us-dollars-for-manufacturing-and-deployment-of-its-rubicontm-sofc-systems/
DNRG SECURES LANDMARK COMMITMENT for $1,200,000,000 Billion financing YET without an MOU, LOI or 8k, just a PR.
DNRG is VERY SCAMMY. Bogus Pr's, missed timelines, no 10k filing, mgmt increase their salaries with zero progress & no generated revenue DOWNGRADED to pink sheet
You're more likely to see someone fatally struck by lightning than witness any case of progress. Q1 will be just another PRIME example of a steady diet of Allen & Watkins BS.
DNRG is a SCAM company (Read SEC.GOV filings)
Watch as NOTHING occurs in Q1, no filings, no breaking ground, no legally binding contracts. Perhaps a PR regarding DNRG's "NEW division" Solar Power. LAST 10Q filing was 6 months ago, a great signature of an "awesome" company.
https://www.sec.gov/cgi-bin/browse-edgar?company=dominovas&owner=exclude&action=getcompany
DNRG is BIG FAILURE. Has ZERO ASSETS & MAJOR DEBT from TOXIC Financing.
DNRG's only financing has been TOXIC
AND
Every timeline PR'd has been missed. Toppled with ALL of the Power Africa PPA's in DRC GONE.
DNRG is a FAILURE. “History doesn't repeat itself but it often rhymes”
Graecrest Energy a Co. w/no ADDRESS
DOMINOVAS ENERGY CORP IS A FAILURE
DNRG, a two man operation with Allen & Watkins. Don't forget
"Graecrest Financial" a ghost company.
ZERO "Moderators" as of today on this DNRG board. That zero is close to the current DNRG price share.
DNRG never really existed. I implore you visit the Dominovas Energy "office" address they have listed. Try knocking on that door & see what you find.
CEO "Project completion is anticipated to be 1st quarter of 2018" & "Full feasibility studies will additionally be provided to the government in order to commence “breaking ground” later THIS YEAR" (Watch as Allen & Watkins Pr a solar project invitation to cover up another failed timeline)
"Dominovas CEO Provides Critical Update to Shareholders" CEO letter from 6 months ago & also no "update" or 10Q filings since
"Angolan President Jose Eduardo dos Santos officially inaugurated the construction of the Caculo Cabaca Hydropower Project in Dondo, Angola on Friday.
The project is currently the largest hydropower station to be constructed by a Chinese company in Africa. the project is expected to meet more than 50 percent of the country's electricity needs"
Not surprised at all. China plays LONG game & play for KEEPS.
"Development Stage" for a DECADE.
Nothing WEIRD about a company with
PPA's that EVAPORATED
DRC project timeline gone, no ACKNOWLEDGMENT, like it never existed
No filing on a substantial statement made by DNRG on the $1.2 Billion or $2 Billion financing
CEO, COO & VP of Operation all of which increased their salaries by 22% each. All this with ZERO REVENUE
UJ Showcase Rubicon gone
Every MOU states by DNRG "NOT LEGALLY BINDING"
No 10Q filings
Rubicon Showcase deployment in 90 days (August 2016) Never happened like 99% of DNRG's PR claims from May 3, 2016.
GHS Capital which is a SPECIFIC toxic lender & the ONLY lending/finacing DNRG has ever received
DNRG is the gang that can't shoot straight. No matter how many turns they get.
*Michael Watkins - "We only report things we do. We could easily exercise and play within the game of hyperbole and 'I'm gonna', but we think that is dangerous, irresponsible, and not fair to investors interested in the genuine well-being and growth of the company. What I can assure you is we are working diligently on your behalf and each of our investors" Jan 2016
But that's exactly what they did.
UJ Showcase?
DRC PPA's?
$3.2 Billion financing?
Debt restructuring?
Egoli Gas?
10Q?
Madagascar hydro?
Solar PPA?
Clean Coal PPA?
Power Africa?
Exclusive Power Provider for UJ?
Brazil PPA / showcase?
Neal Allen (DNRG LLC 2008-Jan to 2014-Jan) THEN (DNRG Corp Feb 2014-Present) Feb-2014 is when a REVERSE MERGER took place & DNRG was born on the OTC
Note that Dominovas Energy has been a "Company" since JAN-2008 (10 years without ANY REVENUE) or one COMPLETED PROJECT or even a demo Rubicon, 10 years & ZERO progress or forward movement. "WEIRD"
Neal Allen's "Work History" really does speak for itself. Not one other CEO position "He served as the Principal Shareholder of a private Family Office"
I'm sure the "private family office" job was mighty difficult to get.
https://www.linkedin.com/in/nealallendominovas/?authType=name&authToken=ezMt&trk=prof-sb-browse_map-photo
Reality has a way of asserting itself. Regardless of any singular or individual opinion
It is in no way common or "normal" for a CEO & COO to have salaries of $210,000 & $133,000 yrly when you've had ZERO income for YEARS on end. Ask yourself what was the last CEO position Neal Allen held prior to Dominovas? Can you name the company.
A venture that doesn't DELIVER what it PROMISES is a SCAM
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 bring in enough money to keep operating will CLOSE
*DNRG is now entering SOLAR in addition Fuel Cell, Hydro & Clean Coal. A company that has now "entered" into every kind of energy yet executed ZERO PROJECTS
https://www.linkedin.com/in/shamiulislam/
Emails For Allen & Watkins: neal@dominovasenergy.com & michael@dominovasenergy.com
I'd suggest being short with your inquiries.
I can guarantee you that "onwatcher" has not spoken/emailed with Watkins and perhaps maybe he has spoken with Allen.
I'd suggest emailing Allen to set up a specific time to speak with him on the phone. Neal Allen's cell (404)-428-1052
This should allow you to get a sense of what you actually invested in with DNRG. In the end let this be an investment lesson for you.
Eric Fresh Former DNRG Senior Vice President, Finance and Investments
for Dominovas Energy Corporation ("Director" of Racecourse Capital in NIGERIA"
Dates EmployedJun 2015 – May 2016 Employment Duration1 yr
Ask your Business Manager or CPA what comes 1st into their mind when you see NIGERIA/
On a side note someone on this board is certainly in need of a FRESH brain
"1st quarter of 2018, project completion is anticipated to be" & "The 4th quarter should welcome the commencement of feasibility studies necessary for the confirmation of sufficient coal supply and quality, water resources along with the identification of present supportable capacity with analyses of the future needs of Madagascar, as dictated by anticipated growth in the mining, agriculture, tourist, housing and manufacturing sectors"
AKA get ready to keeping "waiting" How old is this RUBICON tech now? 10yrs now.. (who remembers Eric Fresh)
DNRG have NO MOU, LOI, 8K on Angola. The "Angola Project" was mentioned in the Graecrest "Reaffirms its Funding" again without an MOU, LOI, 8K. Once again nothing legally binding or even filed.
http://dominovasenergy.com/graecrest-energy-solutions-reaffirms-its-funding-commitment-to-dominovas-energy/
Currently DNRG Co. has nothing in terms of PPA/Projects Anywhere. If you even care to read through Dominovas Energy SEC.GOV files.
https://www.sec.gov/cgi-bin/browse-edgar?company=dominovas&owner=exclude&action=getcompany
DOOSAN FUEL CELLS "20 Fuel Cells will be operational by MID-YEAR" 2017.
DNRG have nothing in which holds any weight. NO MOU, LOI, 8k which is LEGALLY BINDING. Company's like DOOSAN will ALWAYS be the chosen way to go, do to the FACT DOOSAN has a successful HISTORY & WORKFORCE. (AND THEY MAKE MONEY & have industy CREDITABILITY)
SCAMMY: *So we keep focused, by April 1st "the meter &/or standpipe supply of natural gas pipe will be ready for connection" NOT the RUBICON.
The 50Kw Rubicon is priced at $1,000,000 & 10Q states the company has $376.00. And more IMPORTANTLY "THIS MOU IS NOT LEGALLY BINDING" DNRG will do EXACTLY what they are LEGALLY OBLIGATED to do and that is NOTHING here. And what ended up happening, thats NOTHING.
Very SCAMMY: "in the process of finalizing plans to deliver its proprietary RUBICON™ solid oxide fuel cell (SOFC) technology to the University of Johannesburg in South Africa. Deployment of the proposed ‘showcase’ unit, which was originally announced in May, will be a first step toward the company’s ultimate goal of delivering its one-of-a-kind, multi-megawatt system to the region" THIS WAS 15 MONTHS AGO[color=red][/color] DNRG FOUNDED in 2005 & in 12 YEARS ZERO REVENUE or Rubicons installed. How can a company STAY "in business" for 12 years without making MONEY? DNRG is a NON-PROFIT / Hobby
Nothing "Changed": "Dominovas Energy Announces Plan to Restructure and Consolidate Outstanding Debt" JUNE 2016 Yet to be seen by DNRG that they have "changed our methods of finacing" Watkins "DNRG is 1 of the MOST PROLIFIC companies of its kind" ??? (16 months LATER & DNRG has RECEDED into nothing)
http://dominovasenergy.com/dominovas-energy-announces-plan-to-restructure-and-consolidate-outstanding-debt/
Scammy: “Let there be no doubt, Dominovas Energy is committed 100% to the delivery of its ‘Showcase’ to South Africa" - Shamiul Islam on UJ 50kw installation "committed 100%"
http://dominovasenergy.com/dominovas-energy-set-to-deliver-its-rubicon-showcase/
Yes, DNRG is a SCAM: "DOMINOVAS CLOSES DEAL WITH UJ (12MW) & Ekurhuleni Metropolitan Municipality in South Africa (20MW). PR's stating the above would be much more substantial than what has become a redundancy with these MOU. These PR's were obviously meant to distract from the obvious concerns. (Oct 2016)
http://dominovasenergy.com/dominovas-energy-advances-its-plans-for-africa/
DOOSAN FUEL CELL was award the PROJECT IN SOUTH AFRICA. DOOSAN FUEL CELL is a LEGITIMATE CO. w/ a EXPERIENCED CEO & an actually workforce.
If you are still holding out "hope" I suggest you take the time to email DOOSAN (Howie Hooseok Che, CFO ) very easy to locate his email and "Inquire" about South Africa & Dominovas Energy. You can't deny the EVIDENCE for too long after this.
Hope you caught the statement "DNRG was founded in 2005" 12 years w/out revenue or a fuel cell installed.