Dominovas Energy Corp (OTCMKTS:DNRG) Recording Decent Gains

[[tagnumber 0]][[tagnumber 1]]After the initial surge that we saw around the middle of the year Dominovas Energy Corp (OTCMKTS:DNRG) managed to keep a lot of the gains that it made, while the daily volumes decreased and the ticker became more stable.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It did try to make a run up the charts in a few times, but the effort was followed by corrections that kept the price in the 5 to 10 cent range. The fundamentals of the company aren’t that great. The numbers of prime interest for the quarterly period ended May 31, for example, show just that.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 9]] [[tagnumber 10]]cash: $8.9 thousand[[tagnumber 11]] [[tagnumber 10]]current assets: $24.3 thousand[[tagnumber 11]] [[tagnumber 10]]current liabilities: $1.37 million[[tagnumber 11]] [[tagnumber 10]]revenues: ZERO[[tagnumber 11]] [[tagnumber 10]]net loss: $614 thousand[[tagnumber 11]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those financials certainly don’t inspire a lot of confidence, but [[tagnumber 24]]DNRG[[tagnumber 25]] has been working on the matter. Last month the company announced that they have secured a $1.2 billion financing commitment for its Rubicon™ SOFC systems and the ticker flew 224% up after the announcement.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, the hype was short–lived and we saw [[tagnumber 24]]DNRG[[tagnumber 25]] slide back to levels of about 5 cents per share. Lately, the company stock has been trying to gain some weight, but things were going slow. Yesterday, however, [[tagnumber 24]]DNRG[[tagnumber 25]] added 16.07% to its value after some press releases and promotional emails.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The ticker does seem a bit hesitant in today’s trading, so you should be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]