HENDERSON, NV, Oct. 12, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), today announces filings have been made for a new Patent Cooperation Treaty (PCT) application on the interlocking, intermodal transport system called Translock² (Translock Squared). This is the seventh patent application for Translock² overall and the second PCT application made to date. Company President Allen E. Lopez would, at this time, like to further update investors as to the company's progress in marketing the system and its growing significance to global commodity transport and storage. A direct letter from Mr. Lopez follows.
Dear Double Crown Resources Shareholders:
I am the President of Double Crown Resources and also the inventor of the Translock² system which the company is now exclusively marketing to the global intermodal commodity transport industry. Double Crown management is currently in high level negotiations with some of the most important commodity shipping companies for multiple, large scale commercial projects using the Translock² system.
Our announcements have highlighted, as recently as a month ago, that we have continued to upgrade and advance the Translock² system in order to accommodate different industries with multiple designs that are industry-specific. I am pleased to inform you that the latest application for another PCT filing was just completed. This application presents a revolutionary frame design that we believe will become the new standard for bulk commodity transport. The new design has unique aspects that make it stronger but much lighter than conventional tubular framing, incorporating a truss and a balanced design, along with enhanced pick-up points, with a safety for the handling of bulk material.
Overall, Translock² with its innovative, patented interlocking mechanism and multiple interchangeable delivery systems/chambers, incorporating multiple pick-up points/retractable pad eyes and an advanced truss style framing system will soon begin fulfilling its original objective as a global macro logistics game changer. As the inventor of Translock² and the President of Double Crown Resources, I want our shareholders to rest assured that Double Crown Resources will be the exclusive marketing outlet for Translock² in all commercial applications. I would also like to reiterate that all the people of Double Crown Resources are committed to working on all of our projects, for the long term shareholder value of our company which is the only way we can be significantly compensated for our efforts. As we are about to begin processing and shipping gold from our newly acquired property in Mexico, we expect to report on significant revenue generation for the company in the near future.
Sincerely,
Allen E. Lopez, President
About Double Crown Resources, Inc. Double Crown Resources, Inc., is a publicly traded company in the natural resources industry. In addition to our minerals and global commodities supply business, we market the patent-pending, multi-advantage container system called Translock² (Translock Squared). This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities. Additionally, we hold a 100% interest in the Bateman gold and nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX. Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities. Forward-Looking Statements You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's annual report on Form 10-K for the year ended December 31, 2014 as updated from time to time in our filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com .
Double Crown Resources, Inc. Jerold S. Drew, CEO & Chairman of the Board 10120 S. Eastern Ave. Suite 200 Henderson, Nevada 89052 Phone: (707) 961-6016 Email: info@doublecrownresources.com
