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All great news, for sure! What I am looking to hear now, is how the new Translocks are actually working, in the opinions of new customers. That should be the final proof of what most of us are already convinced of, namely that these new shipping containers will actually begin to revolutionize the shipping industry.
Yes, I also thank Hotstockz and ProfitScout for their excellent reporting and timely comments on the accelerating progress of Doublecrown. With all the rapid progress on the Transprop2 patent front, and now two leading-edge new technologies being applied to precious metals mining and processing, it is hard to imagine why the price of DDCC stock isn't already soaring toward heaven! [:^)
Excellent news, on nearly all fronts! In a couple months now, with gold ore shipments continuing, they should have the income to really ramp up Translock2 deals, as well as develop the Bateman property and other precious metals sources for shipment!
Anyone have any recent contacts with Richard or Arnie lately???
Now that's a true growth company when they apply a big chunk of current income toward growing their present businesses.
What really intrigues me is that now Doublecrown has a double-barreled approach opening up, that could lead to big gold sales from their wholly-owned Bateman property in Canada, assuming they can locate a sizeable lode of gold ore there.
You recall they took a two-year lease on a new gold locating technology the first of this year. Now, they seem to have access to another new technology for preparing gold ore for shipment. If both technologies work out, again assuming enough gold is actually found, they may be able to provide a lot of their own gold ore to fill much of that existing shipping contract in the relatively near future. If that works out, the DDCC profits could become huge!
I agree, the Chinese have a greater need for this technology. Other cellulosic ethanol company's technologies based on various types of enzymes still do not seem to be settled in their effectiveness and economic viability. Meanwhile, the Bluefire/Arkenol concentrated acid process was fairly well tested over several years at Izumi, Japan, on a pilot plant basis, and according to their website report, it does seem to be viable.
I would think China Three Gorges Company would also be working with Bluefire to secure the rest of the Fulton plant financing, since they will still need maybe another 12-15 months or so, to be completely assured this technology works satisfactorily on a commercial-sized plant.
I agree, this is an excellent post, poster 109! Note that Pres. Allen Lopez is listed as the inventor, and that it was initially submitted in 2014.
I have no question that this will become a revolutionary enhancement to a large part of the shipping industry over time, and this will lead to Doublecrown becoming a successful, leading provider of Translocks world-wide.
It's time to load-up, as this ship is just about ready to leave port!
Right-on, ProfitScout, and this announcement clearly says that Allen Lopez is PRESENTLY engaged in business negotiations with a number of big shippers to implement the new patents and corresponding Translock designs in the very near future.
We should be expecting additional announcements very soon now.
Nice article from Smallcapnetworks! In addition to better margins, I think this approach will also lead to much faster implementation on a world-wide basis, as the value of the new multi-industry designs become more widely discovered.
Hmm, up a tad, even on lower volume than yesterday! That suggests fewer sellers these days of tremendous potential!
Amazing successes, for only a few people in the company. They have been truly busy, while at the same time operating with tremendous understanding, with both technical and business knowledge.
Absolutely, and Doublecrown should soon begin reaping its excellent work developing and marketing the Translock Squared shipping containers!
Agreed, Magicman. Also, working with overseas businesses should help expand DDCCs prospects world-wide as the shipping industry modernizes.
It was very useful to consult with specialists within some of the major industries, so their patent applications would very specifically, and effectively, deal with the needs required within each industry. This seems like a perfect approach to satisfy those specific industries shipping needs,and to build fast and profitable business relationships.
Furthermore, the cellulosic ethanol industry in America based on enzymes for sucrose extraction, is just getting into larger-scale production, and those processes are still not, as I understand it, fully proven out in economic efficiency.
Wouldn't it be something if the Chinese go ahead with complete funding of the Fulton plant, then find it so efficient that they begin construction of numerous plants of their own using the Bluefire technology, while present US cellulosic plants struggle with their enzymic processes?
I totally agree with these last two posts. I paid two cents for DDCC three years ago, and have seen a whole lot of progress without any corresponding rise in stock price,........YET! NOW is the time!
I fully agree, BFRE is definitely NOT a scam. The Klann's are very honorable men! Further, their technology was proven out, as far as pilot-plant trials could show, years ago in Japan.
The only thing holding back full-size plant construction now is financing, and they have about 90% of that in place now. As I see it, their future success depends on getting that remaining 10% of financing, and my hunch is a Chinese company will do that, as their interests are high in applying this cellulosic ethanol technology to solve several needs at the same time.
They may need to eventually sell to get funding for any additional plants in the US.
It would be interesting to have both processes running competitively in China, so they can determine which is really the more efficient and profitable? It could depend a lot on how fast each material (enzymes vs. concentrated strong acid) brings the sucrose out of the cellulosic materials?
We should have a resolution on this before too much longer. I don't know how long BFRE can hold out with apparently only a little income from the Korean venture( that plant is 100% owned by the Korean Company as I understand it). Actually, not much is known about it, due to a non-disclosure agreement.
We now know another American Company, (DuPont, I think), has an agreement to provide cellulosic ethanol technology using enzymes to a different Chinese Company. Maybe that will step up the release of the remaining financing for the Fulton plant? I think China Three Gorges wants to see how Bluefire's concentrated acid hydrolysis process works before building their own plants. If, for some reason those two companies wind up in a competitive battle in producing cellulosic ethanol, then CTG is already at a time disadvantage, unless they decide to proceed without first observing the process at Fulton!
The above is all speculative, but perhaps the Dupont deal could help move the BFRE deal to a faster conclusion???
Spec, it is the availability of funding that has determined which technology(company) has been building cellulosic ethanol plants, and NOT any comparison of operations.
No one really knows with any certainty which tech. is the most efficient. However, we do know the Arkenol process gave a decent outcome during its pilot operation in Japan. This was all reported on its website.
Agreed! Actually, DDCC has several patents in the works, with slightly different designs aimed at the most efficient means of handling various specific materials. They have been working with members of different companies to be sure they are addressing the exact needs of each undustry's materials.
The real surprise to me is that it is not already soaring into the heavenlies! [:^)
The Arkenol process has been semi-commercially tested in Japan a few years ago( see BFRE website). Full commercial production viability is the initial purpose of the Fulton plant, followed by many other plants in both China and the USA, assuming the process works good. Its economics should be favorable vs. ethanol produced from corn, given the low or no cost of cellulosic waste materials.
All that BFRE needs of the total $300M is around $30M, since the Chinese EXIM Bank has committed to lending $270M.
What impresses me is that the Translocks for some industries are being engineered in cooperation with customers, meaning that every little detail is being addressed in order to provide the most productive designs for the different industries.
The Klann's are definitely NOT scam artists! They are growing a bit weary like us, I think, but still holding on to their integrity with patience, as long as avenues remain available for receiving the remaining financing portion to begin construction at Fulton.
The last time I communicated with Richard, he indicated they were still expecting a final decision from more than one possible funding sources.
I am disappointed with the slow movement from Chinese sources to get moving on this project, as they have much to gain from having a viable technology helping them to reduce trash materials, while producing valuable energy products with minimal air pollution.
I worked with petrochemicals as a Chemical Engineer, and have studied the BFRE concentrated acid hydrolysis process for producing sucrose( and then ethanol or other useful products) from cellulosic materials. I do feel their process is one of, if not THE best methods for making this conversion.
So, for the sake of China, as well as Bluefire, I hope the final funding is made available soon!
I also agree this has tremendous potential. I have owned DDCC stock now for three years, since Kim Clement gave us a divinely-inspired hint that a stock with a symbol like, "two leafs", has a great potential for investment.
Terrific! As someone has already said, the Translocks are just the right things at the right time!
This eagle is about ready to take off!!!!!
Yup, and pretty decent volume too. Wonder if someone has any advance info on a possible financing breakthrough?
It is of interest to note that potential customers are REQUESTING Translock2 modifications to fit their specific industries. That means very little "selling" will be necessary, and in fact many will most likely look to contracts to be sure that enough containers are made fitting their particular requirements!
Trump's favorable comments on the energy industry, including fracking, should also help interest in the Translocks.
No doubt, at least for certain types of crops. You wouldn't use them for most soft berries, for instance. But, things like beans, shelled/dried corn, etc., seem to be well suited for Translock2 application.
I think those of us who are here now, will become very Unquiet as soon as Arnie announces that final $30M has been received!
What caught my attention in yesterday's announcement, was the fact that DDCC is designing new versions of Translocks at the request of various clients! That means they should wind up perfectly designed for each material/industry, to be as effective and efficient as possible!
This initial working together should in most cases result in excellent relationships and strong business ties.
I think DDCC is wise to go for additional Transprop2 design patents, otherwise competitors can come out with designs just different enough to be better for any specific industry, and claim that they have a different idea allowing better function in the chosen industry.
Yes sir, DDCC is really on a roll now! I am excited about all the new product-specific patents soon to be applied for.
Haven't yet heard how that million dollar 50-unit order for new Translocks is coming, but maybe it had to wait for the patent to be finalized?
DDCC has absolutely top-notch people. I was referring also to additional employees to help handle the increasing orders and business affairs, etc. This could include people to handle mineral exploration, and hopefully, actual gold recovery in Canada at the Bateman property.
Before much longer DDCC will need to be hiring more people, as business picks up, and revenue becomes predictable (and increasing)!
Anyone know how those first 50 Translock Squared containers that were ordered earlier are coming?
Maybe so, but on the other hand, it could do a lot to help US-China relationships too!
I would like to see the Bluefire cellulosic technology for producing ethanol and related products, become highly useful in both countries, and eventually in many other countries.