I was especially glad to see in the letter from Double Crown's President, his comments about being in negotiations at this time for multiple Translock projects with some of the most important companies in the shipping industry. As these deals start to be signed it will take Double Crown to a whole new level of recognition on both the business and investing sides.
Double Crown Resources President Reports on Progress with Intermodal Transport System
Large Scale Commercial Projects in Development, Additional Patent Filing Made
HENDERSON, NV, Oct. 12, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), today announces filings have been made for a new Patent Cooperation Treaty (PCT) application on the interlocking, intermodal transport system called Translock² (Translock Squared). This is the seventh patent application for Translock² overall and the second PCT application made to date. Company President Allen E. Lopez would, at this time, like to further update investors as to the company's progress in marketing the system and its growing significance to global commodity transport and storage. A direct letter from Mr. Lopez follows.
Dear Double Crown Resources Shareholders:
I am the President of Double Crown Resources and also the inventor of the Translock² system which the company is now exclusively marketing to the global intermodal commodity transport industry. Double Crown management is currently in high level negotiations with some of the most important commodity shipping companies for multiple, large scale commercial projects using the Translock² system.
Our announcements have highlighted, as recently as a month ago, that we have continued to upgrade and advance the Translock² system in order to accommodate different industries with multiple designs that are industry-specific. I am pleased to inform you that the latest application for another PCT filing was just completed. This application presents a revolutionary frame design that we believe will become the new standard for bulk commodity transport. The new design has unique aspects that make it stronger but much lighter than conventional tubular framing, incorporating a truss and a balanced design, along with enhanced pick-up points, with a safety for the handling of bulk material.
Overall, Translock² with its innovative, patented interlocking mechanism and multiple interchangeable delivery systems/chambers, incorporating multiple pick-up points/retractable pad eyes and an advanced truss style framing system will soon begin fulfilling its original objective as a global macro logistics game changer. As the inventor of Translock² and the President of Double Crown Resources, I want our shareholders to rest assured that Double Crown Resources will be the exclusive marketing outlet for Translock² in all commercial applications. I would also like to reiterate that all the people of Double Crown Resources are committed to working on all of our projects, for the long term shareholder value of our company which is the only way we can be significantly compensated for our efforts. As we are about to begin processing and shipping gold from our newly acquired property in Mexico, we expect to report on significant revenue generation for the company in the near future.
Sincerely,
Allen E. Lopez, President
About Double Crown Resources, Inc.
