Replies to post #14947 on Double Crown Resources Inc. (fka DDCC)

[DragonBear]

Good to see the news from DDCC yesterday-uh...huh

It's always great to see one's Microcrap scam suspended, and tossed onto the grey sheets.

Looks like they are now getting the financials done and addressing the issues for the stock.

Not happening.

Can a delinquent stock issue a PR about acquiring a Mexican mine, without divulging:

The cost, and how they intend to fund it.

The proved reserves of the acquired asset.

Gold equivalent ounces the mine shipped the one year. Margin or profit obtained.

Answer: Sure! It can be pure fantasy. However, as soon as they file a 10K for 2016, they must give audited details of the transaction. And whoa be un to any management who dumped their shares in a fantasy pump, that can't be accounted for in a 10K.

How would DDCC management who dumped into the fantasy Mexican gold mine get around this problem? Answer: Don't file. Take the money, and run. Stock gets revoked by the SEC, and the DDCC scammers move onto other adventures in life.

This is why scams stop filing. They create a pump, and then realize... oops we have to account for that in a filing. So they stop filing.

Where the DDCC scammers blew it on the Mexican gold mine is that they announced a signed agreement, and partnership: " the company has now entered into a binding participation agreement". Instead if they had said they entered into a LOI, then later they could claim it just fell apart. They backed out of it, if questioned by the SEC. It's called: Plausible deniability.

In summary: To file is to self incriminate. Therefore, there will not be any attempt to file or cure the delinquency.