Thanks for reminding me but hear me out -
It's hard to focus on the long term when you have:
1. Compensation/Expenses being paid out with no receipts to the tune of more than $250,000 and the company has no sales. So the only other place for the money to come from are the investors, right?
2. The company issued a letter to shareholders stating that they intend to do a reverse split and also authorize more shares.
3. The company stated that the stock price will rise when they authorize more shares when we all know the opposite to be true.
4. ProfitScout posted this reply from Tricia Oakley -
Thank you for your e-mail today regarding the current proxy notice for Double Crown Resources. In response to your question, this proxy does not contain a reverse stock split. The mention of this issue in the proxy was unintentionally included as part of standardized language commonly used in the preparation of proxy statements by many companies. Now that this issue has been brought to our attention by you and other shareholders we will take action to issue an amended filing removing any mention of reverse stock splits. Hopefully, this should clear up any shareholder concerns. We do apologize for any confusion on this matter.
Thank you again for contacting us.
Sincerely,
Tricia Oakley
Corporate Secretary
She stated that the mention of a reverse split "was unintentionally included as part of standardized language commonly used in the preparation of proxy statements by many companies. Now that this issue has been brought to our attention by you and other shareholders..."
And so, what are they doing?:
5. Copying and pasting verbiage from the proxy statements of other companies,
6. filing and posting them as legal documents without proof reading them first,
7. giving us misinformation after 4-5 months of no information,
8. Claiming that the shareholders brought this so-called misinformation (that happened to be buried on the last page of the document) to their attention and it was a surprise to them.
9. This so-called misinformation should have been caught by the Secretary, the CEO before he signed it, the other board members who voted to issue the proxy before it was issued, and the Adviser that they claimed they are consulting.
10. this company has gone from Gold to Barite Ore to Transport containers all within two and a half years.
11. Double Crown Resources Becomes Authorized Dealer for American International Sealing, New Contracts for Fracking Products Already in Development March 26, 2013, Double Crown Resources Signs 5 Year Agreement for High Grade Barite Ore to Supply Petroleum Drillers (Marketwire, Tuesday, Apr. 16, 2013), Double Crown Resources Announces Master Purchase Agreement for Large Scale Mineral Shipments, Lease of Strategic Mineral Processing Plant and Commercial Launch of New Aggregate Material Transport System (Businesswire, Wednesday, October 23, 2013), all of these agreements never netted a dime and was never mentioned again. They all disappeared into the BLACK HOLE in a galaxy far, far away.
12. And Lastly, We got more video coming from a Retired Quarter Back but we are not quite sure how it benefits the non-existent sales.
So forgive me, forgive me, please forgive me if my faith was shaken, common sense kicked in and I got nervous.
