Replies to post #13943 on Double Crown Resources Inc. (fka DDCC)

[DragonBear]

What do you mean a patent they don't hold???-glad_ya_asked

Once upon a time or 04-Dec-14 to be exact, the patent inventor Allen E Lopez (the Pres of DDCC) assigned the patent to DDCC.

Then on 10-Aug-16, DDCC assigned the patent back to Lopez. Neat timing isn't it? DDCC gives up all rights of the Patent (including royalties) back to Lopez. Just 2 weeks before the USPO approved the patent.

You don't need an 8-K form to verify that.

Correct! One needs only to doo some of that wonderful "DD" everyone talks about:

Patent Assignment Search

From there one can find the Patent assignment form, in which CEO Jerry assigns the Patent on behalf of DDCC back to Lopez. Lopez needed only to ask for the patent back, and CEO Jerry granted his request. No financial considerations given.

Bye bye Patent

This leaves DDCC SHs holding the bag. DDCC can't license the patent, or be the beneficiary of any royalties to the patent. Instead, it's Lopez who can license, and would receive any royalty for any license.

Next Patent lesson?

[ProfitScout]

Quite right, hotstockz. The patent for the Translock Squared system is now officially issued by the U.S. Patent and Trademark Office as we saw in the August 30th announcement. Double Crown Resources is the sole marketing agent for this patented new transport technology and we already know their management is in direct licensing negotiations with major shipping companies and container manufacturers. I expect we will start seeing signed licensing agreements in some very high dollar amounts next. It's all right in the DDCC news for anyone to read for themselves.

DDCC News: http://www.doublecrownresources.com/news-media/press-releases

[welloff]

Hahaha,..I belive "I told you so's! Are in order....ddcc the scam got scammed...what a facade!