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Or who sues them.
That's all folks! Just the same old pump! Over and over and over!
What part of "I'm afraid" did you not understand? I don't want a buyout, I don't want a merger. I want Ed to get done what he has been promising! That's it.
I'm afraid there is some kind of buyout, merger something that is slowing down the release of the fins. Something doesn't seem right.
Down?
I read the fillings that's why I'm sounding the alarm. After almost ten years they still have not turned a profit. Nobody wants this product!
Remember this load of crap!!!
It sounds like they are going places. Then you read paragraph 6 and you realize it's as bogus as a letter of intent! This was a pump and dump all the way!
Dominovas Energy Secures Landmark Commitment for $1.2 Billion US Dollars
Source: InvestorsHub NewsWire
http://investorshub.advfn.com/uimage/uploads/2015/9/16/mdplwDNRG.png
ATLANTA, GA -- October 28, 2015 -- InvestorsHub NewsWire -- Dominovas Energy Corporation (OTCQB: DNRG) announces a landmark capital commitment for $1.2 billion US Dollars in project financing (the "Financing") with Graecrest Energy Solutions. Financing will fund the initial phase to manufacture, produce, and deploy Dominovas Energy's proprietary RUBICONâ„¢ SOFC systems, pursuant to signed and executed guaranteed Power Purchase Agreements (PPAs).
"This is an unprecedented and historic commitment not only for Dominovas Energy, but it is additionally significant for the fuel cell industry as a whole. This financing commitment is further validation of the Company's business model and an undeniable endorsement of the technical prowess of the RUBICONâ„¢ and the 'game plan' we have set forth for the commercial deployment of our fuel cell system," said Neal Allen, Chairman and CEO. "With $1.2 billion secured for the phase 1 manufacturing and installation of the RUBICONâ„¢, we have put in place the building block that supports our innovation in engineering this next generation technology for the commercial production of clean and sustainable baseload power via the proprietary RUBICONâ„¢."
"With this Financing secured, Dominovas Energy actively demonstrates that the funding of power infrastructure projects in global and emerging markets is not only possible, but feasible. One hundred percent of phase 1 project costs for deployment of RUBICONâ„¢ systems are covered in this first tranche of financing. Dominovas Energy remains on schedule and on budget for 2016," Allen continued.
From the announcement of the first 3MW PPA for the City of David in the Democratic Republic of the Congo earlier this year, Dominovas Energy has been steadfast in its quest to secure project finance capital to support the deployment of over 200MWs of signed and guaranteed PPAs. This securing of project financing marks the catalyst for the materialization of Dominovas Energy's value proposition in emerging energy markets.
Dominovas Energy Vice President of Investments and Finance Eric Fresh commented that, "The Financing is a commitment from a 'Sole Source Provider' that is subject to the satisfactory completion of customary due diligence and underwriting/funding requirements, which will adequately facilitate Dominovas Energy's complete project funding via this initial facility. Under the terms of the commitment, Dominovas Energy will have the ability to seamlessly reassess its needs in order to potentially expand capital commitments, a necessity in accommodating subsequent financing phases of RUBICONâ„¢ system deployments."
With extended tenors of 20 to 30 years, the Financing structure presents Dominovas Energy with a unique opportunity to implement long-term, cost-effective project finance capital. The immediate availability of Financing upon financial close for each project allows Dominovas Energy to effectively and efficiently deliver on schedule its mandate of creating commercially-viable, clean, and sustainable energy solutions to global emerging markets -- all while creating value to its Off-takers.
About Graecrest Energy Solutions
Graecrest Energy Solutions LLC develops, finances, installs, owns, services, and maintains energy-related systems to provide cost-effective, efficient energy sources for large institutional consumers of power in the government, corporate, healthcare, industrial, and education sectors. The company seeks to exploit an emerging niche by intermediating between consumers and providers of equipment and systems, allowing consumers to realize immediate energy savings while eliminating lengthy payback periods and conserving capital for more productive uses. By means of innovative contract structures and funding strategies, Graecrest enables the rapid deployment of large energy-efficiency projects on a whole portfolio basis. With offices in New York, Chicago, Dallas, and the Pacific Northwest, the Graecrest team has successfully managed structured financing transactions and projects totaling more than U.S.$9 billion. For more information, visit www.graecrestllc.com
About Dominovas Energy Corporation (OTCQB: DNRG)
Founded in 2005, Dominovas Energy Corporation 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. Dominovas Energy employs its proprietary RUBICONâ„¢ 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. By manufacturing and deploying the RUBICONâ„¢ 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 remaining humble to cultural differences of communities and countries in which is 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.
Investor Contact:
QualityStocks
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.net
Investor Questions:
ir@dominovasenergy.com
People have bought and held on thinking the fins will be great. This will crash after the fins are released.
Exactly! Taking profit is the only way to survive SFOR's next RS!
Our time is coming. Progress is slow, but there is progress. All the references to pigs, pig vomit, etc...will soon be gone as revenues start to pour in. Wish this board was more mature. It's hard to read the ridiculousness here.
Sounds fishy to me. Using a private email to reply to questions on the company email account. Is Mark code name for Hillary?
"Management is currently seeking additional funds, primarily through the issuance of debt and equity securities for cash to operate our business."
How do you interpret this quote?
That email is telling everybody the numbers are going to be bad in the fins! There will be no "Move up" in the PPS in anticipation of the filing.
It doesn't matter how much money they get. If the product doesn't produce enough revenue to support the expenditures of the company, share holders will get nothing. I don't trust these clowns with any amount of money!
So wrong and so misleading!
I've long recovered my losses. Now I'm here to warn those that don't know the history of SFOR.
I'm half way to proving They knew a deal with Microsoft was happening before the last RS. They waited to announce it till they completed the RS and raised the AS. This was so they could personally cash in.
Just because they paid off a few toxic notes doesn't mean they have no debt! Look at the filings. You can bury your head in the sand and go lalalalala....but it doesn't make it go true!
I've been here for three years! Through all three reverse splits in the last too! They have never turned a profit! All they have ever done is sell shares so they can pay themselves. They recently raised their salaries, and it wasn't because they were performing great. It was so they personally could cash in on the Microsoft settlement. They have never done anything in the interest of the share holders.
Those ask slaps don't help in the long run! You may be able to drive it up temporarily but that's it. It won't hold!
Pump it up! People need to sell!
They have huge debt! What are you talking about?
Fake news! There're owing to dump more shares!
Down trend continues.
Exactly!
Not bitter at all, just keeping it real. Some think they are going to retire and be rich off it. You know what you are doing, I'm not worried about the savvy OTC flippers. Just the sheep being led to the slaughter!
Give it time, I never put a time frame on it.
Microsoft would never have done business with SFOR. They got caught because they didn't do their own DD and bought a company that was infringing on SFOR's patent. This is evident by the fact they are not doing any ongoing business with SFOR.
It's trending down no getting around that fact!
I'm talking about revenue from operations. There is no on going revenue from Microsoft.
Look at the one month chart and you can see what is going on here.
Prove the millions in revenue and I will buy and shut up!
Unfortunately volume is drying up just like I predicted. As more people become impatient they will sell and drive it down. Maybe tripps tomorrow.
Slapping the ask is like playing musical chairs. Somebody is going to be left standing holding a bag of useless shares!
The reversal was at .0041 and will continue past the release of the Q. The whole way down to 0004.
Ed has really killed the enthusiasm here.
What work? Obvious?
You are going to be very disappointed.
A lot of people are going to be surprised with the Q. Just don't say you weren't warned.
.0009s will be available this weekend.