Replies to post #8148 on Double Crown Resources Inc. (fka DDCC)

[bob4dollars]

Ok so tell me guys, how does a company who's stock price is a penny, is begging for more shares and has its only asset a promissory note for $1 million have any business at all acquiring another company? That makes no sense at all. I agree with activating the deals they have in the works and growing revenues. But how does acquiring another company contribute to that? Yes CTC has iron ore sales and such but has anyone even looked at any debt thay have? That will be acquired too. Why would CTC even entertain the idea?

We all know that the only way DDCC can even contemplate acquiring another company is to issue more shares. They are maxed out and need the limit on their credit card raised. I for one will not acquiesce to such nonsense. We all know that its gonna happen because management gave back their shares so that their asset values would not be cut in half the way ours will be. They knew they were gonna ask for more shares months ago. Its funny that things just seem to be coming together right when they need a credit limit increase. Its like the kid who suddenly starts cleaning his room because he wants to use the car.

And finally, as for scouting out profits I can only say "What profits?" There are no profits with DDCC. Oh yeah those will come down the road. A year? 5 years? 10 years? Never? DDCC is an exploration stage company, which means they may mkae it and they may not. Time is the only thing that will tell, not the ludicrous "they can't do anything wrong" attitude so often displayed here.

[magicman]

ddcc is growing. more orders to come.

[ProfitScout]

I've been in and out of a lot of low priced stocks in developing companies for many years. The key to making profits is to find the ones that have real potential and position yourself in near their base levels before most of the world pays much attention. They always take longer to pay off than most people think or want. They also always have unexpected problems to overcome and often have to change strategies and plans to adapt to changing market conditions or the needs for their specific products and services.

It doesn't matter how many times the stock has a false start or how impatient some of the shareholders get. The people who are in the stock when the company finally pulls their game plan together and achieves real success will be the ones who get the greatest profits from the stock. With Double Crown just starting to book its first orders now, revenues about to start flowing in, more orders expected, acquisitions with new business avenues in the works and the well-developed new TransLock container system about ready to go, I am very optimistic about my position here now.