Replies to post #15150 on Double Crown Resources Inc. (fka DDCC)

[gitreal]

How can the patent be an asset of the company if the company does not own the patent? Hmmm?

[DragonBear]

The patent on the Translock container-wrong

is the most valuable asset of this company.

Once upon a time Lopez assigned the patent to DDCC as part of the scam angle. Unclear what compensation he received. Then in Aug 2015, DDCC assigned the patent back to Lopez, with no compensation from Lopez.

The patent quit being an "asset" for DDCC, after DDCC reassigned the patent back to Lopez. A company losing the only "asset" it ever had qualifies as a material event, and requiring an 8K. An 8K was never filed.

Only months afterwards after I posted the link to the USPO giving the transfer letter, did DDCC bother to admit (without saying so directly) they no longer owned the patent. Instead they cooked up nonsense with Lopez saying he had licensed the patent to DDCC. Nothing in his statement precluded the licensing to others - except no one was interested.

They also have several additional patents being filed as announced earlier this year.

And the patent numbers were? Sort of like announcing gold shipments that never were. Or announcing they are buying an undisclosed Mexican gold mine. Then there was the lame India garbage. Imaginary Translock containers were going to stream to India's ports. Who was going to make the containers? DDCC started with the scam angle they were going to collect royalties from the patent, as others made the Translock containers. Again, never mind Lopez ended up as the patent holder. In the end the DDCC scammers tried to lead the SHs into believing DDCC would be making the containers - with no capital to do so. So why not "announce" additional patents as part of the scam? Anything goes.