{"id":7824,"date":"2016-05-05T12:02:04","date_gmt":"2016-05-05T12:02:04","guid":{"rendered":"\/?p=7824"},"modified":"2016-05-05T12:15:50","modified_gmt":"2016-05-05T12:15:50","slug":"dominovas-energy-corp-otcmktsdnrg-makes-another-jump","status":"publish","type":"post","link":"\/articles\/dominovas-energy-corp-otcmktsdnrg-makes-another-jump\/","title":{"rendered":"Dominovas Energy Corp. (OTCMKTS:DNRG) Makes Another Jump"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93491\/sc__1_.png\" border=\"0\" width=\"435\" height=\"194\" \/>The news that Dominovas Energy Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a>) is set for the delivery and implementation of a demonstration unit of its RUBICON&trade; SOFC system in Johannesburg, South Africa, took the ticker 58.54% up the charts yesterday. So what&#8217;s wrong with this picture? <\/p>\n<p>Well, the announcement that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a> <\/strong>is finally going to preview its product is certainly good news, that much is true. However, investors seem to be a bit too enthusiastic about it, hyping that this is proof that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a> <\/strong>is now on the fast track to success.<\/p>\n<p>Truth be told, that isn&#8217;t necessarily so. This is a step forward for the company, but not a big one. <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a> <\/strong>still has a lot to do to prove that it can become a commercially successful entity.<\/p>\n<p>Unfortunately, the company&#8217;s other achievements to date aren&#8217;t really helping in that respect. Its history consisting of &ldquo;<em>a series of monumental achievements and milestones<\/em>&rdquo; can be summed up pretty neatly in the three lines that follow:<\/p>\n<ul>\n<li>Cash &amp; Current Assets &#8211; $107 thousand<\/li>\n<li>Total Current Liabilities &ndash; $2.5 million<\/li>\n<li>Quarterly Net loss &#8211; $1.6 million<\/li>\n<\/ul>\n<p>This is what <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a>&#8216;s <\/strong>face REALLY looks like, when you strip the loud boasts and deceptive optimism.<\/p>\n<p>Well, that and over a million dollars worth of convertible debt that can be turned into shares of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a> <\/strong>common stock at serious discounts (usually 30-50%, or fixed prices as low as $0.002) at the drop of a hat.<\/p>\n<p><img decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93491\/vzxvxzv.jpg\" border=\"0\" \/>Once that is taken into consideration, it becomes quite clear why <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a> <\/strong>stock was worth about a penny before its latest PR boast hit the web. Upon a bit of examination, the ticker&#8217;s continued slide into illiquid obscurity seems entirely warranted, and investors really should make a note of that before jumping on the <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DNRG\">DNRG<\/a> <\/strong>hype train once more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The news that Dominovas Energy Corp. (OTCMKTS:DNRG) is set for the delivery and implementation of a demonstration unit of its RUBICON&trade; SOFC system in Johannesburg, South Africa, took the ticker 58.54% up the charts&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1714],"class_list":["post-7824","post","type-post","status-publish","format-standard","hentry","category-news","tag-dnrg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7824"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7824\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}