ATLANTA, GA -- July 22, 2016 -- InvestorsHub NewsWire
-- Dominovas Energy Corporation (OTCQB: DNRG) today issues the
following letter from Chief Executive Officer and Chairman Neal
Allen.
Respected Dominovas Energy Corporation Shareholder:
By way of this letter, please allow me to introduce myself to
many new shareholders, while also greeting many of you that already
know me as Dominovas Energy's Chairman and CEO. The Dominovas
Energy journey began over 8 years ago, as I traveled the globe
witnessing firsthand the lack of consistent, affordable, clean and
reliable electricity, specifically in Asia, the Caribbean, and
Africa.
I knew there was a solution, and I challenged myself and my
business partners to find it. Initially, we studied the energy
business as a whole; however, after much analysis and
investigation, the Company rated fuel cell technology as its "go
to" solution, with hydro technology and solar coming in second and
third. In determining that fuel cell technology would be the
initial focus, we understood that hydro and solar were less
technologically and financially taxing and challenging solutions
that currently provide energy on short term and long term basis
around the world. Our goal, however, is to deliver a long term
solution that can yield exponential benefits with multiple
verticals, such as heating and cooling, and tremendously reduce
carbon dioxide emissions to users. Within this construct,
there is not a more robust solution than the fuel cell.
The next determination was to decipher what type of fuel cell
technology would best represent the impact I felt would be needed
to truly make an undeniable difference for the customer. After
many months of study and exploration, we chose Solid Oxide fuel
cell technology and we have set forth a mandate to produce the
RUBICON™ for deployment in multi-megawatt arrays, thus producing
electricity for the most viable markets.
Presently, the Dominovas Energy's board consists of Mr. Spero
Plavoukos, Mr. Emilio DeJesus, and myself. Our executive team
includes myself as Chairman and CEO; Mr. Michael Watkins, as COO;
Mr. Kreneshen Moodley, Managing Director of the Africa Division;
Dr. Shamiul Islam, Director of Fuel Cell Operations; Mr. Leeshan
Ramasamy, Managing Director of CURRENTENERGY, our hydro division;
Mr. Vassillis Koutros, Managing Director of Francophone countries;
and Mr. Alejandro Cotreras, Finance Manager. We additionally
continue to work with several different project finance teams to
finance individual projects the company has secured. Utilizing
their expertise and experience allows Dominovas Energy to make
significant strides in this regard, and I am optimistic their yield
will serve Dominovas Energy Corporation well. I
enthusiastically invite you to review our company website for more
detailed information on the entire Dominovas Energy team.
As a valued shareholder, I can tell you that the "state" of
Dominovas Energy Corporation is progressive and cutting edge and we
continue to grow each and every day. Over the past 2 years, my
team has worked diligently to become and remain fully compliant
with respect to the company's filings as a fully reporting and
publicly traded company. We are building the exceptional team
necessary to set and stay our course. I do not feel the stock
price at its current levels truly reflects the value of the
Company, as evidenced by the many milestones we have achieved over
the last two and one-half years. I do, however, recognize that
our trading volume is an indication of a tremendous amount of
positive visibility and market support that has allowed us to
support our ongoing efforts in a major way.
Time will reveal the diligence and adroit planning we have put
forth in building this company. My objectives over this past
year were purposefully explicit in nature, as I had to build the
business operations and plan of execution to carry out our mandate
as an "Energy Solutions Company", concomitant with deploying
solutions and technology that will allow the company to profitably
commercialize the RUBICON™.
We are resolute in our mandate to always execute smartly and
efficiently. Our plan of execution is simple and direct and
includes fully utilizing the resources we have labored hard over
the last year to secure. We have the "best of the best" in the
industry as OEM partners, including AVL List Gmbh, who
contractually has developed the first ever and only megawatt-true
fuel cell system specifically for Dominovas Energy. This is a
historical event for the industry, as no other company has created
such a system that combines cost effectiveness, efficiency, and
reliability all in a single system.
In continuance of only partnering with "Best in Class" partners,
the Company has created CURRENERGY, its new hydro division brought
forth via partnership with the venerable ANDRITZ Hydro, which has
over 100 years of manufacturing and on the ground experience in
Africa and beyond. Additionally, we have a cadre of OEM
partners that are collaborating with us. We have orders to
fill; and we are continuing to develop and nurture our political
and social capital as required to yield significant results and
returns in the short term. Having been able to secure Edison
Power Group of South Africa is a tremendous step towards the
continuance of laying a foundation for long-term growth and
sustainability of Dominovas Energy.
Of significant note, and as was previously reported in our 8K
filing and press release, Dominovas Energy Corporation is a Private
Partner member of President Obama's Power Africa
Initiative. Please visit the Power Africa website for greater
detail on the significance of the relationship: https://www.usaid.gov/powerafrica.
Although your paths to becoming DEC shareholders vary greatly,
consider yourselves fortunate, as I feel bullish about our company,
our mandate, our products, our direction, and our future. As
Chairman and CEO, I will continue to expect excellence and delivery
in all we do as a company. I appreciate your confidence in
Dominovas Energy and the team of leaders we have assembled.
With many thanks for your continued support,
Neal Allen
Chairman & CEO
About Dominovas Energy Corporation (OTCQB:
DNRG)
Founded in 2005, Dominovas Energy Corporation (DEC) 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. DEC
employs its proprietary RUBICON™ 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.
Additionally, unlike wind and solar solutions the RUBICON provides
baseload power 24/7/365 days a year. By manufacturing and deploying
the RUBICON™ 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 acknowledging and respecting all cultures
necessary to support the growth and development of the communities
and countries in which it 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.
Media and Investor Contact:
QualityStocks
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.net
Investor Questions:
IR@DominovasEnergy.com