still no deployment, not 1 legally binding PPA, Power Africa GONE, Groupo gone, All 4 PPAs in DRC gone, Toxic lending continues, No update on gas line, no update on UJ, no 8k on Graecrest, no 8k on "NEW PARTNERS", no 8k on the additional $2 billion, No bank named on the $2 billion financing, 1 BILLION in DILUTION & not 1 unit deployed or even a PPA that has broken ground, MGMT has purchased ZERO shares of this "HUGE POTENTIAL" company, Debt is at $19 million & have accomplished nothing but MOUs(ea. MOU has cost them $3m), DNRG's tech doesn't qualify for grants, City of David & South Kivu PPA PR'd to start Q4 2016 just ignored as though it never existed
In the last 6months DNRG has increased A/S from 700,000,000 Million to 1,500,000,000 now announce a reverse split 1:500 then a 2nd A/s to 5,000,000,000 billion shares with nothing accomplished in 12yrs of DNRG existence.
Definition of a SCAM"One hundred percent of phase 1 project costs for deployment of RUBICON™ systems are covered in this first tranche of financing. Dominovas Energy remains on schedule and on budget for 2016,” Allen continued. (City of David PPA, 3MW) Never came to be & never explained to shareholders the loss of Power Africa listing.
said Neal Allen, Chairman and CEO. “With $1.2 billion secured for the phase 1 manufacturing and installation of the RUBICON™, 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 RUBICON™.” (City of David Project)
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