Double Crown Resource Enters Collaboration with Amity University of India on Advanced Intermodal Transport System
Business and Financial Model to be Developed with Patented, Multi-Advantage Containers for Global Agricultural Commodity Transport
HENDERSON, NV, March 27, 2017 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC) has joined with Amity University of India to fully develop and demonstrate a macro business and financial model for the interlocking, intermodal transport system called Translock² (Translock Squared). Amity (http://www.amity.edu/) is India's Leading Research & Innovation Driven Private University hosting a faculty of over 4500 led by former government and corporate professionals with an extremely wide span of knowledge and experience. In cooperation with Double Crown, Amity will be responsible for the advancement and economic modeling of the Translock² system in the transportation of agricultural products to markets throughout the world.
Amity's academic leaders have pledged the full range of their resources and facilities to the Translock² project because of the very high potential it offers which is unmatched by any other commodity transport system. Double Crown management will work directly with Amity's Dr. BJP Sinha and associates to demonstrate that Translock² can transform the current macro agricultural business model to one where the small farms are able to participate in the profits of the global commodities pricing index because of the multiple benefits of the Translock² patented and trade secret technologies. India is the world's largest and highest quality producer of guar gum for multiple industries. Double Crown selected Amity University of India not only for the institution's ability to fast track industry/product specific Translock² units to the application of guar gum transport but also because of the direct access that will be obtained to one of the most lucrative agricultural markets in the world today.
Double Crown and Amity University will work in a joint research collaboration with special emphasis on improving the shelf-life of products in shipment and bringing economical advantages to all levels in the logistical supply chain. The program will incorporate specific studies and workshops centered on developing an entirely new form of transportation for agricultural commodities. Objectives will include creating better farmer knowledge and revenues through university based agricultural extension services linking pricing to the global markets with sales residuals being the financial support tool. Use of the Translock² system all along the chain of custody will be required for participation in the program.
As a key aspect of the collaborative effort, Allen Lopez, President of Double Crown, and the company's consulting team, will attend a conference to be held in India bringing together leading agricultural minds of the country along with Amity University's elite academic team to clearly validate the multiple benefits of the Translock² system. We believe that this effort will redefine the small farmer's position in the global economics of commodity pricing, not just in India but also in all the countries and continents of the world. India will serve as an ideal test and demonstration market for a new commodity shipping model based on the Translock² technical advancements. Mr. Lopez commented, "We will take this business and financial model to the global shipping markets and repeat the proven method, redefining the way commodities are stored, transported and delivered with much higher efficiencies, less spoilage, greater profits and ultimately more food and more affordable prices for the people of the world. The results of this conference will be published and made available in the near term."
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
http://www.globenewswire.com/news-release/201...ystem.html
Business and Financial Model to be Developed with Patented, Multi-Advantage Containers for Global Agricultural Commodity Transport
HENDERSON, NV, March 27, 2017 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC) has joined with Amity University of India to fully develop and demonstrate a macro business and financial model for the interlocking, intermodal transport system called Translock² (Translock Squared). Amity (http://www.amity.edu/) is India's Leading Research & Innovation Driven Private University hosting a faculty of over 4500 led by former government and corporate professionals with an extremely wide span of knowledge and experience. In cooperation with Double Crown, Amity will be responsible for the advancement and economic modeling of the Translock² system in the transportation of agricultural products to markets throughout the world.
Amity's academic leaders have pledged the full range of their resources and facilities to the Translock² project because of the very high potential it offers which is unmatched by any other commodity transport system. Double Crown management will work directly with Amity's Dr. BJP Sinha and associates to demonstrate that Translock² can transform the current macro agricultural business model to one where the small farms are able to participate in the profits of the global commodities pricing index because of the multiple benefits of the Translock² patented and trade secret technologies. India is the world's largest and highest quality producer of guar gum for multiple industries. Double Crown selected Amity University of India not only for the institution's ability to fast track industry/product specific Translock² units to the application of guar gum transport but also because of the direct access that will be obtained to one of the most lucrative agricultural markets in the world today.
Double Crown and Amity University will work in a joint research collaboration with special emphasis on improving the shelf-life of products in shipment and bringing economical advantages to all levels in the logistical supply chain. The program will incorporate specific studies and workshops centered on developing an entirely new form of transportation for agricultural commodities. Objectives will include creating better farmer knowledge and revenues through university based agricultural extension services linking pricing to the global markets with sales residuals being the financial support tool. Use of the Translock² system all along the chain of custody will be required for participation in the program.
As a key aspect of the collaborative effort, Allen Lopez, President of Double Crown, and the company's consulting team, will attend a conference to be held in India bringing together leading agricultural minds of the country along with Amity University's elite academic team to clearly validate the multiple benefits of the Translock² system. We believe that this effort will redefine the small farmer's position in the global economics of commodity pricing, not just in India but also in all the countries and continents of the world. India will serve as an ideal test and demonstration market for a new commodity shipping model based on the Translock² technical advancements. Mr. Lopez commented, "We will take this business and financial model to the global shipping markets and repeat the proven method, redefining the way commodities are stored, transported and delivered with much higher efficiencies, less spoilage, greater profits and ultimately more food and more affordable prices for the people of the world. The results of this conference will be published and made available in the near term."
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
http://www.globenewswire.com/news-release/201...ystem.html
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