Dominovas Energy Corp. (fka DNRG)

[Alinea818]

Has anyone read through the MOU again with DEPHI? There is no way logistically that DNRG & DELPHI can go through the "proof of concept" and be ready by the end of 2016 if they haven't started months go by now. The idea that DNRG has still not started with DEPHI on the "proof of concept" for the rubicon is the "mind blowing" news we are waiting to hear here. The idea that well they can start their proof of concept in the beginning of the year that is true but at this point every step in the proof of concept has to go 100% correctly and as we all know (at least those who work for a living) nothing goes 100% the way you thought it would and that increses time. On the USAID.GOV site it states the following:

As part of its commitment to the Power Africa Initiative, Dominovas Energy intends 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. That is 3000 households with power.

The news of DNRG supporting the Power Africa act started in May/June of this year so they have 12 months to get through proof of concept then start manufacturing and at that time it would be 2017. The timeline is way too tight and leaves no room for one set back in the process. I understand all the folks on this MB staying positive but you can only stay positive for so long before you start to look like a liar. It should be welcomed that as investors on this MB that we look at are investments and see where we can polk holes in it because as of right now all of us have no idea whats going on with this company because there is no dialogue between the DNRG and its investors. And yes a dialogue would display confidence.


Here is the MOU between DNRG & DELPHI. (whats your guess on total time to complete proof of concept?)
http://www.sec.gov/Archives/edgar/data/1343254/000116552715000077/ex10-07.htm