Double Crown Resources Inc. (fka DDCC)

[DragonBear]

I was a big believer in Double Crown and their Translock product.

However, they got a United States patent to Translock about 3 years ago but still no licensing deal(s). How can that be?

That's because they no longer owned the patent. I refer you back to one of my posts 2 yrs old which discusses the

Patents

The only licensing deal DDCC could make would've been on behalf of Lopez who held the license. Cute was how DDCC originally bought the license from Lopez for a cash amount, and then transferred it back to him for free. It pays to be the President of a scam. DDCC was a sales force for Lopez. Trying to license "his" patent for him. A patent no one was interested in licensing.

Also management does not update its shareholders adequately since they became delisted.

Why should they? They can't make any money off their scam anymore. Also in one of the SEC notices, they promised to disappear quietly.

The more time that goes on the less likely a deal gets done

There's no deal to be made. There's nothing to make a deal with.

What is wrong with the managment team

What management team? There's none left.

Shaking my head. Very frustrating.

Welcome to the Microcrap scam market. The only really frustrating part is I gave the SEC on a silver platter all of the examples, when they announced material events, and never filed an 8K. Then there was the Jan 8K before they stopped filing, when they pretended to be a gold broker. With no way to broker the $20M/month (or whatever it was) without the backing of a letter of credit from a bank - which was not specified in the 8K. The SEC rather than taking the stock out immediately, it waited 9 months. Waited for the fruit to rot on the tree via delinquency. The SEC allowed a scam upwards of a year to keep scamming. That is where heads should shake.

Oh, why did the DDCC stellar management team stop filing? Likely because there was no Mexican gold mine(s)to supply gold for their bogus gold brokering activities. Any filing, and they would've been required to account for all of those announcements. Any 10K filing would've been the equivalent of a self hanging in front of the SEC. So they just didn't file anymore.