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ProfitScout

08/21/13 1:22 PM

#5884 RE: richbob #5883

According to the latest PR there was a lot more to be done than just the physical job of the manufacturing company working out the finishing details. All these things take time, of course. Looking forward to more progress updates from the company when we get them.
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Aggregate Material Transport System

The first production unit of Double Crown's original design for a new, single-transfer aggregate material transport system called Transprop AGG has been completed. The manufacturing company is presently addressing some finishing details after which the unit's working form will be finalized. Patent protection for the Transprop AGG's unique specifications was obtained in April of 2013 and the design is currently in a patent pending status. Arrangements for the commercial introduction of Transprop AGG units are being made at this time. Double Crown management is in negotiations for Transprop AGG mass production to be done at a large-scale manufacturing facility that is ready for our intended initial production run of 1000 units with a planned ramp-up to 4000 units. This production run is being planned to meet the immediate demands of several customers who have expressed their interest to lease Transprop AGG containers to transport large volume shipments of aggregate materials. Double Crown management is also working with several lending institutions to finance the Transprop AGG system lease contracts.