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The Water Show Africa 2017
28 - 29 March
Sandton Convention Centre, Johannesburg -
Dominovas Energy attending ??
http://www.terrapinn.com/exhibition/water-africa/agenda.stm
http://www.terrapinn.com/exhibition/water-africa/
AGENDA HIGHLIGHTS
THE 2016 KEYNOTE SPEAKERS
Problem solvers, trailblazers, innovators and visionaries have always been at the heart of the power sector.
The Water Show Africa has secured the visionaries who invent the water future.
The Water Show Africa keynotes are the foremost global and African minds in water.
These thought leaders and influencers will be coming together to explore the question:
What future do we want and how do we shape it?
They will also address trends, innovations and new developments that will shape the sector.
With a lack of legacy infrastructure, African is well positioned to take charge of its water future
and our keynotes will help the continent do just that.
THE MINISTERS
Africa’s continued economic growth is dependent on the continent’s ability to increase its generation capacity
as well as connecting more people to the grid.
Africa’s Power Ministers have the responsibility to connect 600 million people to the grid.
Join us as we ask them how they plan on electrifying the continent.
They will share their vision for the sector. They will also talk about how you can work with their governments
to take advantage of the opportunities within their various countries.
THE INVESTORS
More than US $800 billion in capital is needed to electrify Africa, and yes, investors are ready to commit!
Fuelled by strong economic growth and the right investment climate, investors are actively investing in the sector.
There is no denying that the power sector is a hot asset class, just ask our investors.
They will be at Power & Electricity World Africa looking for new projects to invest in.
- See more at: http://www.terrapinn.com/exhibition/water-africa/agenda.stm#sthash.oi0ztyPu.dpuf
Venezuela: The country is running out of power. The regime will find ways to hang on
http://www.economist.com/news/americas/21698257-country-running-out-power-regime-will-find-ways-hang-lights-out
http://www.economist.com/news/economic-and-financial-indicators/21699439-african-growth?fsrc=rss
GDP for DRC 6.0%-7.9%
"Africa’s economy is projected to expand by 3.7% in 2016, according to a report by the OECD, a rich-country club. East Africa is predicted to be the continent’s fastest-growing region: Ethiopia, in particular, has averaged double-digit growth since 2005 and its economy is expected to swell further in 2016, bolstered by public-sector investment. West Africa will be helped by the end of the Ebola outbreak. Oil exporters have been hit by the falling price of crude: the OECD expects growth to remain subdued in Angola and Nigeria while Equatorial Guinea is forecast to remain in recession. South Africa is another gloomy spot: drought and power shortages mean its low-growth trajectory is set to continue"
Here's PowerCell's powerpac (similar to the rubicon)
http://www.powercell.se/wp-content/uploads/2014/11/PowerPac.pdf
Rubicon's reformer is what they have patented here. If you have a look at PowerCell's reformer for their powerpac it displays the reformer for their fuel cells.
Here you go:
https://www.finra.org/investors/investor-complaint-center
https://denebleo.sec.gov/TCRExternal/questionaire.xhtml
Threw this in (Dom would be happy to hear your concerns)
https://www.facebook.com/dominovasdnrg/?fref=ts
mansur@mncapital-africa.com
I hope I can expect Mr. Nuruddin to help DNRG address the lack of 8-k's for Group Trebol, Rubicon deployment in SA, Edison Power Group, Andritz Hydro, Graecrest LLC deal.
"Mr. Nuruddin will assume responsibility for Dominovas Energy's capital raising, project financing, capital markets, and advisory activities, as well as advising the Company on specific issues relating to corporate governance, corporate finance, and investor relations. "
I
Quality Stocks is still providing services to DNRG but it seems to be in a minimal compacity (which is best) If you have a look at Dominovas Energy's facebook they still use Quality Stocks but not on ihub.
clarification on my post; as of Sept. 2015 Neal Allen's $177,000 salary increased by $44,250 & Michael Watkins salary $108,000 increased by $26,000.
Neal Allen $221,300 yearly salary
Michael Watkins $134,000 yearly salary
http://www.trademarkia.com/bigstakes5-77628994.html
https://trademarks.justia.com/776/28/bigstakes5-77628994.html
Trademark Events on BigStakes5
Event DateEvent Description
2008-12-11 NEW APPLICATION ENTERED IN TRAM
2008-12-12 NOTICE OF PSEUDO MARK MAILED
2009-03-05 ASSIGNED TO EXAMINER
2009-03-05 APPROVED FOR PUB - PRINCIPAL REGISTER
2009-03-06 ASSIGNED TO LIE
2009-03-10 LAW OFFICE PUBLICATION REVIEW COMPLETED
2009-03-25 NOTICE OF PUBLICATION
2009-04-14 PUBLISHED FOR OPPOSITION
2009-07-07 NOA MAILED - SOU REQUIRED FROM APPLICANT
2010-02-08 ABANDONMENT - NO USE STATEMENT FILED
2010-02-08 ABANDONMENT NOTICE MAILED - NO USE STATEMENT FILED
http://nvsos.gov/sosentitysearch/PrintCorp.aspx?lx8nvq=s%252fBwkOfiE%252bUWNn2Gt3PI1A%253d%253d&nt7=0
Financial Information
No Par Share Count: 0 Capital Amount: $ 0
No stock records found for this company
I still have not received reply from Edison Power Group or Andritz Hydro on partnerships claims by Dominovas Energy.
I took the response from Delphi much like you did. Since Delphi has shelved the Fuel Cell division it would seem unlikely they would produce fuel cells ONLY for Dominovas Energy, a start-up company that is a pre-revenue.
Of course, Dominovas MGMT could correct us if we are wrong but not likely.
Dominovas & BigStakes5 (Neal Allen & Watkins like using the "next-gen" phrase) Oddest MGMT and strangest transition from one industry start-up to another, online gambling to renewable energy.
"The company builds shareholder value by taking advantage of opportunities which promote “NextGen” clean energy – an efficient, solid oxide fuel cell (SOFC) technology. Widely known in energy industry circles as the RUBICON™, this trademark was designed by scientist and engineer, Shamiul Islam, PhD, in coordination and collaboration with the engineering prowess of AVL List, Gmbh."
"The BIGSTAKES5 game has grabbed the attention of the gaming industry and gaming professionals. Celebrities and professional athletes are adding to the momentum; and today, the game is exploding in the “next-gen” market that, heretofore, looked at dominos as a game for their parents and grandparents!"
You forgot to mention the 25% increase in salary each year that begun last March/April for Allen & Watkins.
"Anyone who thinks a major power project will be up and running in two years doesn’t understand how the market works – infrastructure takes time." - Andrew Herscowitz Quote from Power Africa's facebook
https://www.facebook.com/PowerAfrica/?fref=nf
https://twitter.com/aherscowitz?lang=en
For Andrew Herscowitz, the Power Africa coordinator currently tasked with delivering 60m connections and 30,000 MW of extra installed power capacity to an expectant continent, the ambitious goals represent more than an African legacy pitch by the US President.
“It’s ambitious and achievable. If any world leader understands it, it’s Obama. Anyone who thinks a major power project will be up and running in two years doesn’t understand how the market works – infrastructure takes time. We’re trying to make sure projects don’t derail, and if we can expedite them in some way, that’s going to happen,” he says.
Herscowitz says that Power Africa – a one-stop shop where more than 120 development partners can accelerate deals, raise capital and discuss regulatory improvements – is changing the energy picture on the continent. The results of this expanding network, he says, are evident in the $43bn worth of funding commitments that have already been raised.
- See more at: http://africanbusinessmagazine.com/region/continental/the-big-read-energy-revolution/#sthash.83bGID3C.dpuf
No reply from Edison Power Group or Andritz Hydro.
Emailed Edison Power 4x and emailed Andritz Hydro once.
Hydro's email was sent out 4 days ago and Edison was sent 8 days ago.
Delphi's reply on DNRG MOU.
Ken,
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
"Anyone who thinks a major power project will be up and running in two years doesn’t understand how the market works – infrastructure takes time." - Andrew Herscowitz
https://www.facebook.com/PowerAfrica/?fref=nf
For Andrew Herscowitz, the Power Africa coordinator currently tasked with delivering 60m connections and 30,000 MW of extra installed power capacity to an expectant continent, the ambitious goals represent more than an African legacy pitch by the US President.
“It’s ambitious and achievable. If any world leader understands it, it’s Obama. Anyone who thinks a major power project will be up and running in two years doesn’t understand how the market works – infrastructure takes time. We’re trying to make sure projects don’t derail, and if we can expedite them in some way, that’s going to happen,” he says.
Herscowitz says that Power Africa – a one-stop shop where more than 120 development partners can accelerate deals, raise capital and discuss regulatory improvements – is changing the energy picture on the continent. The results of this expanding network, he says, are evident in the $43bn worth of funding commitments that have already been raised.
- See more at: http://africanbusinessmagazine.com/region/continental/the-big-read-energy-revolution/#sthash.83bGID3C.dpuf
https://www.facebook.com/PowerAfrica/?fref=nf
"Great visit with #PowerAfrica's #BeyondtheGrid partner Plug in the World in Kigali, Rwanda!"
Rwanda visited by Power Africa's Andrew Herscowitz who heads up all of Power Africa. Some reason I can't picture a photo op or video like this between Andrew Herscowitz & Neal Allen or Dominovas Energy why is that.
Andrew Herscowitz:
US #PowerAfrica Coordinator: Facilitating private investment to bring cleaner #energy & #electricity to millions across #Africa.
https://www.linkedin.com/in/herscowitz-andrew-32688792?authType=name&authToken=OrQc&trk=prof-sb-browse_map-name
usaid.gov & Power Africa have been aware of this board since December 2015.
what happened "to Support and advance the Power Africa goal of providing access to clean, reliable energy, and efficient energy via its commitment to expanding capacity through projects like the City of David project in the Democratic Republic of Congo, a project that requires an initial deployment of three-megawatts (3MW) of power over the next 18 months"
This statement that "requires an initial deployment of 3MW over the NEXT 18 months" has been up since June/July of 2015. The 3MW is deployment to DRC/City of David. 18 months means end of th4 4th quarter REMEMBER. Nothing sticks or pans out with this company.
READ pg.12 "Power Africa defines four project stages in a typical power project as described in Exhibit 7" Classifying Power Projects by Stage of Developmen
Very detailed - Loads of great information & insight
Stage 1 to stage 4, exactly what the PATT App describes will take 4 years (with the lengthiest being Stage 4, "Project Construction & Completion"). Stage 3, part A "Project Structuring" DNRG looks to be mostly completed? Stage 3 part B "Financing" DNRG should be totally completed with S3 PB (I say this do to Eric M. Fesh and his departure from Dominovas Energy as CFO unless Dom hires a NEW CFO)
The nepad report: AFRICA POWER VISION CONCEPT NOTE & IMPLEMENTATION PLAN from Vision to Action
http://www.nepad.org/sites/default/files/documents/files/Africa_Power_Vision_Concept_Note_%26_Implementation_Plan.pdf
Review Technology and Project Agreements
• Review and evaluate the technical aspects of the project and any risks inherent in the technology it will employ (integration, scale-up, etc.).
• Review the project’s permitting and licensing status (tax, tariff , customs, duties, fiscal, and regulatory framework) that could potentially cause delays in construction.
• Review and evaluate draft project agreements and counterparties. All project agreements must be financeable; this is necessarily dependent on reviewing a complete set of financing agreements. Among other things, the creditworthiness of the off-takers/power purchasers needs to be examined, and whether a guarantee of the host government and/or other credit enhancement features are contained in the project agreements.
Review Financial Model and Apply Stress Tests and Sensitivity Analysis
• Advise and assist in the preparation on and review of financial forecasts and a model for the project showing projected revenues and cash flows under a range of business and financial assumptions. These would include building a lender’s base case and sensitivity cases, which will then also be stressed tested under a variety of financial assumptions (different changes in capital expenditures (CAPEX), operating expenditures (OPEX), price, volume, operating efficiency scenarios, etc.). The financial model is a spreadsheet used to evaluate the project’s economics by analysing cash inflows and outflows during the construction on and operations phases from the perspective of each of the project’s stakeholders: project developers, the host government, and banks.
o The project developers need to determine their investment/funding requirements and expected economic returns.
o The host government needs to determine its “government take” (i.e., revenues received by the project) and any associated regulatory costs for monitoring the project. Any tax incentives the host government is prepared to give the project developers need to be examined, such as lower tax rates (income, dividends, interest, royales, etc.), tax holidays, value added tax (VAT) exemptions, import duty exemptions on services and/or equipment, production and investment tax credits, accelerated depreciation, etc.
o The banks need comfort that the debt will be serviced with a margin of safety in compliance with the covenants contained in the project agreements, i.e., the debt service coverage ratio (DSCR).
To do this, a “base case” (a forecast of future cash flows) must be developed. Then stress tests and a sensitivity analysis must be performed on the financial aspects of the project. These tests and analyses are used to evaluate different economic cases/scenarios and their impacts on the project’s financial performance and ultimately, on the tariff . They show the impact on the project’s financial performance and tariff by changing one or more assumptions if they differ from what was previously assumed: CAPEX, OPEX, fuel prices, inflation, construction on period, loan term, interest rate, etc. The debt capacity of the project can then be determined against minimum DSCRs under down-side scenarios. Then the project’s IRR is calculated and a comparison made with the equity returns that are available on alternative investments whose “riskiness” is similar to that of the project. This analysis also helps the host government in pricing concessions to private contractors.
Develop Optimal Capital Structure
• Develop an optimal target capital structure based on the project’s strengths, on bankable terms most favorable to the project developers (yet still acceptable to qualified lenders and the host government). This structure would include appropriate equity support, guarantees, capital structure, cash flow waterfall, security interests, and other appropriate credit support from the project developers, and the project’s contracts and equipment suppliers, as may be necessary or desirable by the lenders until all completion tests are met to the satisfaction on of the lenders to enable the project to revert to limited recourse or non-recourse operational status going forward.
Phase II: Prepare Offering Materials
Review Availability, Type, and Cost of Finance
• Review potential external funding markets for the project and recommend selected sources of finance, with a comparison of their relative advantages and disadvantages, including factors such as cost, ease of execution, likely covenants and other restrictions, size and appetite for the different types of risks, etc.
Prepare Comprehensive Offering Memorandum
• Assist the project developers in preparing marketing materials (including an offering memorandum) describing the project and the financing opportunity to be used in discussions with lenders in order to establish their interest to participate in financing the project.
Think for a moment, why has there been NO photo op with none of these partnerships or events:
Grupo Trebol (not 1 photo with a handshake)
Edison Power Group (no photo with Allen & Reddy)
Solid Power (no photo op or picture of the meetings)
AlRushAid (no photo of a handshake or meetings)
Graecrest LLC (no photo with a co. lending them $1.2 BILLION)
Delphi (MOU, no photo of the meetings)
AVL (Dr. Martin Hauth made a statement on the Rubicon in one of DNRG's PR's, not photo of the meeting)
Andritz Hydro (nothing)
Last Sunday I sent out an email and cc'd it 2 other folks of Edison Power Group Management. I have yet to hear back on my question. On Tuesday I again emailed Edison Power Group, still waiting for a reply.
Sunday, I emailed Delphi's Chief Engineer, Solid Oxide Fuel Cell out in Fenton, MI. It's been 4 days and counting no reply. My email was simply asking if the MOU is still in place between DNRG & Delphi.
Has anyone on the board received a reply from Edison Power Group or even tried to reach out to them and confirm the Dominovas agreement?
Matthew Schissler/Pyrenees Consulting, LLC.
interesting related transactins listed here - one in May.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81959634
http://www.sec.gov/Archives/edgar/data/1289496/000135448812004091/R10.htm
---------------
also in this post way back when to you - note the comment letters and a mention of phone calls. are there recent comment letters like that?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70898413
========
edit - yes they mention telephone confrence in this comment letter
http://www.sec.gov/Archives/edgar/data/1289496/000000000012023373/0000000000-12-023373-index.htm
http://www.sec.gov/Archives/edgar/data/1289496/000135448812002733/filename1.htm
They have quite a few comment letters - they obviously have been asking questions all along.
READ pg.12 "Power Africa defines four project stages in a typical power project as described in Exhibit 7" Very detailed - Loads of great information & insight
Stage 1 to stage 4, exactly what the PATT App describes will take 4 years (with the lengthiest being Stage 4, "Project Construction & Completion"). Stage 3, part A "Project Structuring" DNRG looks to be mostly completed? Stage 3 part B "Financing" DNRG should be totally completed with S3 PB (I say this do to Eric M. Fesh and his departure from Dominovas Energy as CFO unless Dom hires a NEW CFO)
The nepad report: AFRICA POWER VISION CONCEPT NOTE & IMPLEMENTATION PLAN from Vision to Action
http://www.nepad.org/sites/default/files/documents/files/Africa_Power_Vision_Concept_Note_%26_Implementation_Plan.pdf
Review Technology and Project Agreements
• Review and evaluate the technical aspects of the project and any risks inherent in the technology it will employ (integration, scale-up, etc.).
• Review the project’s permitting and licensing status (tax, tariff , customs, duties, fiscal, and regulatory framework) that could potentially cause delays in construction.
• Review and evaluate draft project agreements and counterparties. All project agreements must be financeable; this is necessarily dependent on reviewing a complete set of financing agreements. Among other things, the creditworthiness of the off-takers/power purchasers needs to be examined, and whether a guarantee of the host government and/or other credit enhancement features are contained in the project agreements.
Review Financial Model and Apply Stress Tests and Sensitivity Analysis
• Advise and assist in the preparation on and review of financial forecasts and a model for the project showing projected revenues and cash flows under a range of business and financial assumptions. These would include building a lender’s base case and sensitivity cases, which will then also be stressed tested under a variety of financial assumptions (different changes in capital expenditures (CAPEX), operating expenditures (OPEX), price, volume, operating efficiency scenarios, etc.). The financial model is a spreadsheet used to evaluate the project’s economics by analysing cash inflows and outflows during the construction on and operations phases from the perspective of each of the project’s stakeholders: project developers, the host government, and banks.
o The project developers need to determine their investment/funding requirements and expected economic returns.
o The host government needs to determine its “government take” (i.e., revenues received by the project) and any associated regulatory costs for monitoring the project. Any tax incentives the host government is prepared to give the project developers need to be examined, such as lower tax rates (income, dividends, interest, royales, etc.), tax holidays, value added tax (VAT) exemptions, import duty exemptions on services and/or equipment, production and investment tax credits, accelerated depreciation, etc.
o The banks need comfort that the debt will be serviced with a margin of safety in compliance with the covenants contained in the project agreements, i.e., the debt service coverage ratio (DSCR).
To do this, a “base case” (a forecast of future cash flows) must be developed. Then stress tests and a sensitivity analysis must be performed on the financial aspects of the project. These tests and analyses are used to evaluate different economic cases/scenarios and their impacts on the project’s financial performance and ultimately, on the tariff . They show the impact on the project’s financial performance and tariff by changing one or more assumptions if they differ from what was previously assumed: CAPEX, OPEX, fuel prices, inflation, construction on period, loan term, interest rate, etc. The debt capacity of the project can then be determined against minimum DSCRs under down-side scenarios. Then the project’s IRR is calculated and a comparison made with the equity returns that are available on alternative investments whose “riskiness” is similar to that of the project. This analysis also helps the host government in pricing concessions to private contractors.
Develop Optimal Capital Structure
• Develop an optimal target capital structure based on the project’s strengths, on bankable terms most favorable to the project developers (yet still acceptable to qualified lenders and the host government). This structure would include appropriate equity support, guarantees, capital structure, cash flow waterfall, security interests, and other appropriate credit support from the project developers, and the project’s contracts and equipment suppliers, as may be necessary or desirable by the lenders until all completion tests are met to the satisfaction on of the lenders to enable the project to revert to limited recourse or non-recourse operational status going forward.
Phase II: Prepare Offering Materials
Review Availability, Type, and Cost of Finance
• Review potential external funding markets for the project and recommend selected sources of finance, with a comparison of their relative advantages and disadvantages, including factors such as cost, ease of execution, likely covenants and other restrictions, size and appetite for the different types of risks, etc.
Prepare Comprehensive Offering Memorandum
• Assist the project developers in preparing marketing materials (including an offering memorandum) describing the project and the financing opportunity to be used in discussions with lenders in order to establish their interest to participate in financing the project.
Julian Sotomey, Eric M. Fresh's partner:
https://opencorporates.com/companies/us_dc/EXTUID_4123908
Iconium Partners LLC
Company Number EXTUID_4123908
Native Company Number L00004659474
Status Revoked
Incorporation Date 24 December 2012 (over 3 years ago)
Agent Name Eric Fresh
Agent Address 2605 Douglass Place, Suite 301, Washington, District of Columbia, 20020
Inactive Directors / Officers Eric Fresh, agent, Sotomey, Julian K, ceo, Sotomey, Julian K, governor
https://www.linkedin.com/in/julian-sotomey-29229b2
https://twitter.com/jsotomeyicon
https://www.facebook.com/jsotomey?fref=ts
https://plus.google.com/114482621877548693626/posts
Eric M. Fresh is no longer listed on the Dominovas site under Leadership, "MGMT Team".
http://dominovasenergy.com/leadership/
looks as if ihub updated changed to DNRG's new logo finally at the top of the page. The new hydro division info is as well.
ESIA report completed on a Power Africa Project for Hydro, "Rusizi III" Brundi, East Africa
(we should be able to view Dominovas Energy's ESIA if and when it's completed)
we should see a cost breakdown on DNRG's ESIA. Look at "Table 6 Estimated ESMP Costs" on pg.25 for Rusizi III ESIA report.
http://www.afdb.org/fileadmin/uploads/afdb/Documents/Environmental-and-Social-Assessments/Multinational_-_Burundi-Rwanda-RDC-projet_hydroélectrique_de_Ruzizi_III-Resume_EIES_-_EN-_08_2015.pdf
ESIA report completed on a Power Africa Project for Hydro, "Rusizi III" Brundi, East Africa
(we should be able to view Dominovas Energy's ESIA if and when it's completed)
we should see a cost breakdown on DNRG's ESIA. Look at "Table 6 Estimated ESMP Costs" on pg.25 for Rusizi III ESIA report.
http://www.afdb.org/fileadmin/uploads/afdb/Documents/Environmental-and-Social-Assessments/Multinational_-_Burundi-Rwanda-RDC-projet_hydroélectrique_de_Ruzizi_III-Resume_EIES_-_EN-_08_2015.pdf
The U.S. Supreme Court dealt a blow to financial services firms trying to fend off allegations that they facilitate illegal short selling, affirming the rights of investors to make their case in plaintiff-friendly state courts.
http://www.bloomberg.com/politics/articles/2016-05-17/wall-street-faces-new-front-for-lawsuits-after-top-court-ruling
With the court’s ruling on Monday, plaintiffs may find that such suits have a greater chance of advancing in a state court, potentially exposing brokerages to more expensive litigation, said Sam Lieberman, a partner at Sadis & Goldberg LLP.
“It’s easier to have your case thrown out for procedural reasons in federal court,” Lieberman said. “In state courts, you’re more likely to get closer to trial, and get closer to trial means you’re more likely to get closer to settling.”
New Jersey and other states also have Racketeer Influenced and Corrupt Organizations Act statutes aimed at organized crime that could be applied broadly enough to cover the conduct of financial services firms, said David Zaring, a professor of legal studies and business at University of Pennsylvania’s Wharton School of Business.
“New Jersey’s RICO statute might look like an easier route to a jury,” he said.
Siding With Investors
In a unanimous ruling Monday, the Supreme Court sided with investors who sued Bank of America Corp.’s Merrill Lynch and other brokerage firms. At issue was whether the plaintiffs, who alleged they lost money because of the brokers’ involvement in illegal short selling, could use New Jersey state court to sue over their losses -- even if the litigation cited federal laws.
deobop "I will say that i have physically been to their office 3 times and haven't seen neither hide nor hair of any of management.... but maybe they been in Africa or working from home those days"...
Friday, 01/15/16 09:47:40 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119884746
Absolutely. Did you look at his linkedin , Dominovas Energy - June 2015 - May 2016
Eric M. Fresh is out/done with Dominovas Energy.
https://www.linkedin.com/in/eric-m-fresh-0408b12?authType=name&authToken=pjfX&trk=prof-sb-browse_map-name
The timing is NO coincidence. Let's see how this "team" disperses here. So very interested how DNRG will or won't handle this. Fresh is already distancing himself from this group, anyway you look at it GHS deal looks amateurish.
I was on the phone with the property management office for 1170 Peachtree Street NE, 12th Floor Atlanta, Georgia 30309 this afternoon. The women I spoke with said she "isn't familiar with the company name" on the 12th floor. I also asked the question if she knew the name Neal Allen, she didn't know either.
There is always a chance she could be wrong but take into account (this was the property manager). Before I called the building manager, I also called a company on the 14th floor of 1170 Peachtree to ask if they could provide me with the building's front desk or concierge number, they gave it to me. I called and spoke the women who answered the phone and she as well said "right off out the bat the name doesn't ring a bell".
The property manager did go on to say the building has a directory in the lobby but it's up to the company to list their name. She also went on to say I could go to the office building and check for myself anytime. I asked if I would need permission to access the 12th floor and I would not need permission. Only wish I was in the area then I would confirm with my own eyes & phone (meaning I'd take a couple of pictures).
Glad you pointed this out. I'd like to know why DNRG"s Office and general administration $81,783 on there 10K.
$81,783 would come out to $6,815.25 per month. The $6,815 is why I would have thought Dom is taking up office space here at this location.
I can't help but have a bad feeling. I've been watching Dom's FB today, they are quick on the trigger. Someone posted a comment and within 10mins it was taken down today.
I do sense over on the DNRG board folks are catching up to the fact that it doesn't look very promising at the moment. We may have been misinformed and possibly deceived.
I just got off the phone with the property management office for 1170 Peachtree Street NE, 12th Floor Atlanta, Georgia 30309. The women I spoke with said she "isn't familiar with the company name" on the 12th floor. I also asked the question if she knew the name Neal Allen, she didn't know either.
There is always a chance she could be wrong but take into account (this was the property manager). Before I called the building manager, I also called a company on the 14th floor of 1170 Peachtree to ask if they could provide me with the building's front desk or concierge number, they gave it to me. I called and spoke the women who answered the phone and she as well said "right off out the bat the name doesn't ring a bell".
The property manager did go on to say the building has a directory in the lobby but it's up to the company to list their name. She also went on to say I could go to the office building and check for myself anytime. I asked if I would need permission to access the 12th floor and I would not need permission. Only wish I was in the area then I would confirm with my own eyes & phone (meaning I'd take a couple of pictures).
Look at who made the list here DNRG! http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122224589
This post is from FullDeck
DNRG has reason for deleting & not answering shareholders concerns!
$IHSI- Just another GHS Investments/Mark Grober SCAM!
The most recent pump by IHSI was a purported $5MM "Line of Equity Financing", which was quickly "misinterpreted" as a Line of Credit to scam naive investors.
In fact, it was never even meant to happen. And if it HAD happened by some strange quirk of fate, it would only have been a Line of Accelerated Dilution (A LOAD).
SEE:
They "signed on" because it was a PUMP!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119096069
Mark Grober, and his GHS Investments has pulled this scam on several companies.
Here is who Mark Grober is:
GHS Investments "homework" reveals an owner of questionable character...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117394948
And here are some companies he's played this scam with:
EVTIE (Eventure Interactive)
The "investment" announcement:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11100670
The S1 Filing
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11112428
The Si Filing WITHDRAWAL (post-PUMP):
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11225251
DNRG (Dominivas Energy)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122217176&txt2find=ghs
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11079061
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11112375
At least the DNRG S1 eventually became effective; but of course, the LOAD announcement has resulted in an 80% drop in the share price since then.
TBEV (High Performance Beverages)- My2Mustangs has been all over this one and could provide more details, I'm sure, but the patttern is the same:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117655779&txt2find=ghs
Look familiar? Like the same scam deal offered to IHSI to make it look as though an "investor" or "rescuer" was interested? Wotta LOAD.
And then there is:
VAPE (Vape Holdings)
Their deal is very similar to the scam deal with IHSI:
http://www.streetinsider.com/SEC+Filings/Form+8-K+Vape+Holdings%2C+Inc.+For%3A+Apr+13/11519940.html
We'll see where that one goes, but history suggests... not well for VAPE holders.
Lots to chew on, and I didn't research each deal in depth, but at first glance I can't see ANY of the "Equity Line of Financings" that actually came to fruition AND actually helped the company, except in the short (pumping) term.
Looks like Mark Grober has been very busy with his GHS Investments giving comapnies promotional fodder to make it look as though the businesses it is associated with are viable.
SCAM ALERT!
Be On the Lookout for GHS Investments' involvement with ANY company you're invested in. Their "deals" don't tend to work out well for retail investors.
All IMHO, of course.
Best to all.
"The maximum amount that the Company shall be entitled to put to GHS in each put notice shall be equal to twice the average of the daily trading volume of the Company's common stock during the ten (10) trading days preceding the put, so long as such amount does not exceed 9.99% of the outstanding shares of the Company. Pursuant to the Investment Agreement, GHS and its affiliates will not be permitted to purchase and the Company may not put shares of the Company's common stock to GHS that would result in GHS's beneficial ownership equaling more than 9.99% of the Company's outstanding common stock" Deal has made in April of 2016
Same S-1 statement as DNRG & GHS deal except the above is 10 days for this other OTC company. DNRG & GHS was 5 days trading days
V@PE price today $0.0045 (at least its not trading at $0.0001! and that's a positive!)
https://biz.yahoo.com/e/160419/vape8-k.html
I found one other interesting piece of information or rather a funny "coincidence" with GHS's Mark Grober company and his former boss Edward Bronson's E-Lionheart AKA Fairhills Capital company that I not happy about. Posting it tomorrow and make of it what you will. Neal Allen has to come out of this phase of ignoring & deleting the concerns a lot of us have here so we move on from this.
Mark Grober AKA GHS Capital's former Boss Edward Bronson of Fairhills Capital.
I really HATE this because it's too similar to what's going on NOW with this stock and the deal MGMT made. DOM's MGMT has to be mentally incapacitated or might be in on it.
"According to the SEC’s complaint filed in U.S. District Court for the Southern District of New York, Bronson lives in Ossining, N.Y. E-Lionheart, which also does business under the name Fairhills Capital, is located in White Plains. Acting at Bronson’s direction, E-Lionheart personnel systematically “cold called” penny stock companies quoted on the OTC Link to ask if they were interested in obtaining capital. If the company was interested, E-Lionheart personnel would offer to buy stock in the company at a rate that was deeply discounted from the trading price of the company’s stock at that time. Typically, Bronson and E-Lionheart immediately began reselling the shares to the investing public through a broker within days of receiving the shares from the company"
https://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171484054
Well, I also filed a complaint with FINRA. Let's see where this takes me. I provided the details to FINRA with concern to the several 8-K's that are required here with this company.
https://www.finra.org/investors/investor-complaint-center
Provided details of how the company Dominovas is listed as private partner with the Power Africa Initiative & USAID. Also, investors' concerns with GHS Investment/Capital's involvement and AKA Mark Grober and his past history association with THE N.I.R. Group hedge fund founder & Fairhills Capital LLC court cases.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120195673
Down the rabbit hole I go. Better to find out sooner than later than drag this out for another 12-15 months.
Some light reading I went over again. From Mark Grober's past involvement with Fairhills Capital, Inc.
"We recently came across a litigation release where the SEC charged a firm with illegal fund raising for penny stock companies. This turns out to be one of those rare situations where you have to ask yourself, what took the SEC so long"
"SEC Charges New York-Based Firm and Owner in Penny Stock Scheme"
"Mark Grober is asking the Court to believe that he took a $180K/year position with FairHills (Ed Bronson) and was "innocently beguiled" into investing his compensation into Fairhills' schemes.
The Court has so far refused to compensate him, saying that to do so would be to engage the Court in the distribution of "ill-gotten gains", at least until the SEC charges are settled.
At least he's apparently learned his lesson about the registration of shares!
Although to be clear (and please correct me if I'm wrong here) NO SHARES HAVE YET BEEN REGISTERED OR CHANGED HANDS.
The S1 appears to be provisi"
http://coralcapital.com/sec-charges-firm-with-illegal-fund-raising-for-penny-stock-companies/
https://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171484054