Replies to post #7902 on Double Crown Resources Inc. (fka DDCC)

[bob4dollars]

Does anyone on this board realize that a reverse split is the only remedy for all the shares outstanding? Even at today's level of outstanding shares it would probably be a 10 for 1, yielding about 50 million shares outstanding. At 1 billion shares outstanding it would have to be 20 for 1 to yield the 50 million outstanding. Even with significant revenues issuing more shares will cut our shareholder value in half, if they take it to 1 billion.

As of today's shares outstanding, DDCC would have to have about $500 million in revenue to have $1 per share revenue. Just wishful thinking. I just cannot see how issuing more shares will benefit the company or shareholders at all. Not in any way, shape, fashion or form.

[ProfitScout]

From the DDCC news this past week it's very clear that management is getting ready for a major, aggressive marketing campaign to get the TransLock2 built in numbers and out into commercial use this year. Of course, this will take new capital and they are going about getting that piece of the picture now. This company knows they have developed a system that the commodity transport industry really needs and they have done all the research and refinements to make their system the best. In the shorter term, the company is also closing in on completing its barite and frac sand supply contracts that have been in development for some time. These will also bring in new cash flow when they are commenced.

Overall, I am glad to see Double Crown is moving forward with very high aims for 2015.