Atlanta, GA (January 8, 2015) – Synergy Natural Resources and Double Crown Resources came to an agreement — through a mediation meeting in Houston, TX — on October 6, 2014. Double Crown agreed to pay Synergy Natural Resources $630,000 — as well as 3 million shares of stock. This settlement was brought on by a breach of contract and violation of the non-disclosure agreement surrounding intellectual property that was given to Double Crown regarding the PASS Box container. Double Crown has failed to pay the second installment of payments to Synergy. Synergy has put Double Crown on notice and will be taking steps to force Double Crown to pay or force them into bankruptcy.
Posted on: Thu, 08 Jan 2015 18:38:58 +0000
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