Replies to post #11118 on Double Crown Resources Inc. (fka DDCC)

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I call it running a business that's on the verge of turning into a viable self-sustaining entity. And rewarding those who got you there.

You aren't very knowledgable about attracting and keeping good employees.

[biglued1]

DDCC is not a charity. YET, you expect the recipients of the shares to forego their pay (the shares) and work on for charity.

Hmmmm. Got your principles all mixed up. Weird

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235 million @ $0.01 for $2,350,000 in compensation. They reported it as compensation. Still no employment agreement? Hefty payday for four non-performers. But $2,350,000 in taxable income. Hopefully they can sell enough stock to pay the IRS.

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Is this a one time occurrence?

On January 8, 2016, a Form 4 was filed reporting the sale of 1,742,999 shares by Jerold S. Drew. The proceeds of that sale were reinvested in the company

Or is this a repeated event?

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Increasing the O/S by 45% in a single day issuance to four officers would be material enough to file an 8K.

Item 3.02 Unregistered Sales of Equity Securities.
(a) If the registrant sells equity securities in a transaction that is not registered under the Securities Act, furnish the information
set forth in paragraphs (a) and (c) through (e) of Item 701 of Regulation S-K (17 CFR 229.701(a) and (c) through (e). For purposes of
determining the required fi ling date for the Form 8-K under this Item 3.02(a), the registrant has no obligation to disclose information under
this Item 3.02 until the registrant enters into an agreement enforceable against the registrant, whether or not subject to conditions, under
which the equity securities are to be sold. If there is no such agreement, the registrant must provide the disclosure within four business
days after the occurrence of the closing or settlement of the transaction or arrangement under which the equity securities are to be sold.
(b) No report need be fi led under this Item 3.02 if the equity securities sold, in the aggregate since its last report fi led under this
Item 3.02 or its last periodic report, whichever is more recent, constitute less than 1% of the number of shares outstanding of the class
of equity securities sold. In the case of a smaller reporting company, no report need be fi led if the equity securities sold, in the aggregate
since its last report fi led under this Item 3.02 or its last periodic report, whichever is more recent, constitute less than 5% of the number
of shares outstanding of the class of equity securities sold.