I don't believe I ever indicated that Dominion was giving away money.
I just today looked at it closely and saw that TRTC is paying off the loan with interest - Plus and this is a big Plus, also giving Dominion shares of TRTC - so in essence the Dominion shares are free.
Then if TRTC goes into default and misses a payment - there is substantial penalties.
The first 2 payments will be or they should be in the next 10-Q.
The payments I calculated excluded interest on the loans.
Beginning August 5, 2014 TRTC has to start repaying the loan. That would be a total of $3,800,000 (excluding interest) so 1/12 of that would be a payment of $316,667 due on August 5.
Then on September 5, 2014 there is another payment due of $362,500 again I am excluding interest.
I haven't seen a analysis of the loan from Dominion posted so I thought it was good time to look at it more closely.