Replies to post #14922 on Double Crown Resources Inc. (fka DDCC)

[chiefs1]

Thank you sir very much appreciated have a great holiday weekend

[DragonBear]

Double Crown Resources Intends to File-hilarious

Financial Reports Within 30 Days

Yeah, that's what they all say. In order to come up to date, they will need 10Ks for 2015, and 2016. That means audited financials. So after being unable to produce an audited 10K for 2015 since March of 2016 - no problem, they will have both 10Ks ready within 30 days. ROTFLMAO!

What will come next will be an announcement they have a MM ready to sponsor a 211 to get it off the greys - just waiting on the audits. Followed by working feverishly on the audits. Gathering up the last of the paperwork. Then silence...

[integral]

Rent is due next week on that high rise luxury apartment. Hmm, place to live or auditor?

There is a reason they have not paid their auditor for two years...lack of $$$.

[Renee]

On the remote chance that DDCC files ALL delinquent Financials revocation of the stock registration will still occur. Of the 1,539 stocks that were suspended for Financials delinquencies 100% had their stock registrations revoked....not 99%, 100%!!!

Evidence:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127559570

Since few stocks that are suspended for Financials delinquencies even attempt to become compliant there are only a few examples of companies doing so. (MANW, PELE, LLEG are 3 that tried but failed)

The best example to study is MANW for educational purposes.

On Sept 15,2014 MANW was suspended for Financials delinquencies, just like DDCC.

Over the next month MANW filed 8 delinquent 10Q's (quarterly reports) and 2 delinquent 10K's (audited yearly reports).

https://www.sec.gov/cgi-bin/browse-edgar?company=mobile+area+networks&owner=exclude&action=getcompany

So, one would think that filing all delinquent Financials would be sufficient to avoid their stock registration being revoked, right?
NOPE.....the SEC Admin Law Judge wrote all the reasons why it was too late for MANW to become compliant because there were NO EXCUSES for being so severely delinquent in their filing obligations.

Read the entirety of the SEC Admin Law Judge ruling:

https://www.sec.gov/alj/aljdec/2014/id709jeg.pdf

[lucky, mydog]

Double Crown Resources Intends to File Financial Reports Within 30 Days

and the sec intends to revoke this ticker.

[GTMUSTANG16]

Thanks for the news. Getting the overdue financial reports completed within 30 days is what we needed to see here.

[Stephimac]

Good to see the news from DDCC yesterday. Looks like they are now getting the financials done and addressing the issues for the stock.