Django of Securities Fraud
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The Authorized Capital Increase of June 2018
It has been added to the iHub Message Board for a quicker understanding
This is the epicenter of the a massive fraud, that allowed 2,400,000,000 shares to be created and sold, in violation of Wyoming law.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167564851
Thanks to all the PMs and support, just the messenger, all the intel we have provided is from public sources, with verifiable liks (OTCMarkets, Press Release, Emails, Certified SOS Copies, etc).
This is about getting answers other then from a 3 sentence press releases. Funny part is your 27E Disclaimer is longer and doesn't apply to DSCR. Why because your not a 12(g) filer.
Can't wait to see the AG in Wyoming dissect this. Real law and order Attorney General, the perfect kind to look at all of this. The DSC Coin and raising authorized capital by 5,000,000,000. Two for 1 special is here for the plucking.
Your intel and PMs are working. Citizen Journalism is alive.
Ihub Board has been updated
In it is spells out in a time line "coloring book edition, of how Discovery Minerals, Ltd., without notice of shareholder approval, authorized the increase of common stock capital from 5,000,000,000 to 10,000,000,000.
THAT IS GAME OVER, read it, and when you do, there is a path of getting money lost back. Via litigation, but a path to get money stolen back.
This is the real news story, Russell 3 sentence press release is a sad attempt to distract. Anything said that we haven't heard before. Then I look at the filings. Nothing since 12/15/2021.
This is getting suspended, don't kid yourself.
What Matters is What Was Discovered
When you can argue the LAW (Notice no legal opinion), you argue the facts, when you can do neither you confuse the court.
This is all the game you got, not one answer of substance. Not one of you, I guess Russell turned off his cellphone.
Every day we accumulate facts, then turn then into exhibits to publish. In return people damaged by these con artist come out and ask if I can help with their clues.
The result is a citizen journalism reporting cycle, that can see results in real time.
You can join, even the evil promoters and FOMO whores, feel free to reach out. I will look at all intel. Management stole millions of dollars and needs to be held accountable for their crimes.
How you don't see this, just mirrors your blatant bias. I guess you have to be loyal to your paycheck.
Suspension, Indictments, Convictions, $100,000,000 was stolen using insider trading, money laundering and the overt act that sets it all off is the illegal authorized increase.
!!!HAPPY NEW YEAR !!!
Hey Frank I dedicate this report to you.
This authorized capital increase from 5 to 10 billion without shareholder notice is about as big as a
gotcha as you can find. For something this big to stick the "scienter" or managements state of
mind must be solid and it is.
In all filings pertaining to Discovery Minerals, Ltd, there is not one mention of the redomicile process, or
the increased in authorized common to 10,000,000,000. No mention of this in the subsequent events disclosure,
not in the footnotes of the financials, and most alarming no disclosure of the stated authorized par capital
being increased from $50,000 to $1,000,000 in the financials.
In support of management's conscious state of mind to evade disclosure of the Wyoming redomicile of DSCR to
increase authorized shares from 5 to 10 billions common shares include.
Time Line
1.a On June 18, 2018 Russell Smith signed a resolution as sole director of
Discovery Minerals Ltd., to file an application in Wyoming to continue the company from Nevada.
Wyoming filed Articles of Continuance, Discovery Minerals, Ltd., on June 19, 2018
*** OF IMPORTANCE OFFICIAL REPRESENTATION TO WYOMING SOS***
DATE: June 19, 2018
Number of Shares: 4,986,999,994
Class: Common
Series:
Par Value per share: $.01
Source:
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
OTC Market Mismatch
On June 30, 2018, DSCR closed out it third business quarter and filed its mandatory report
with OTC markets. In this report DSCR omitted the following:
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/199645/content
I took your suggestion and edited the Ihub board
Thanks for the suggestion.
No Email, Answers, Legal Opinions, Phone Calls
This company got caught committing a $100,000,000 stock fraud, and your topic of conversation is your surprised their not returning your emails.
IQ of ice tea.
CUSIP NUMBER 25470V109 and the PAR Value Mystery
is it $0.0001 or $0.00001 at the heart of the answer lies a $100,000,000+ stock fraud.
Source:
https://www.otcmarkets.com/stock/DSCR/security
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/238954/content
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
Source:
https://www.otcmarkets.com/stock/DSCR/disclosure
THE END AND PROOF
CUSIP NUMBER 25470V109 is listed as $0.00001 while the Wyoming Secretary of state has it at par value at $0.0001, meaning someone has a lot of explaining to do.
FITX and DSCR the Genesis Link
Source: https://www.theglobeandmail.com/report-on-business/how-much-does-ottawa-know-about-the-medical-marijuana-companies-its-licensing/article22008885/
When your business model is printing shares and selling them using FOMO and inflated press releases. A trail is created and patterns emerge. Those patterns are what prosecutors use to educate the jury of the criminality that has occurred.
This is where artificial intelligence kicks and, and spits out the line of convergence. From that, an analyst looks at it, tags it, and teaches our machine learning AI what to look for because of this.
Pretty amazing tech and really fascinating to see, if your a crook your going to hate it, because everyday it gets smarter and the lines get thicker and brighter.
Meaning stock promoters, dark money pools and morally bankrupt CEO's are every day getting closer to meeting the light of justice.
Here is what our AI is blinking about, so anyone see the connection, stay tuned by tomorrow I am sure a few more exhibits will emerge.
How much does Ottawa know about the medical marijuana companies it's licensing?
GRANT ROBERTSON
PUBLISHED DECEMBER 19, 2014
This article was published more than 7 years ago. Some information may no longer be current.
SHARE
Meet CEN Biotech, the company that wants to become the $5-billion king of Canada's new medical marijuana industry. But there are serious questions about its conduct in the capital markets, raising concerns about the federal government's oversight of the sector.
On June 30, in a packed conference room in Denver, Bill Chaaban – a man known to his legions of followers as “Wild Bill” – took the stage to a rousing ovation. The room was filled with investors hungry for the stock market’s next big thing. And Mr. Chaaban knew how to play to a crowd.
According to the emcee who introduced him, Mr. Chaaban was “probably the most talked-about CEO in the space,” which in this case was the new medical marijuana industry rapidly coming into being across North America.
Part 1
The pot stock bubble: Inside the rush to profit from medical marijuana
It is a multibillion-dollar business being created from scratch – the product of historic government reforms happening in a number of jurisdictions, particularly in Canada. In fact, the subject of Mr. Chaaban’s talk was his plan to dominate the new Canadian market for medical marijuana, which Ottawa had opened in April.
To those attending the first annual “Weedstock” – a conference that had sold itself as a conduit for investors to connect with “the titans that drive this fast-paced industry” – Mr. Chaaban seemed to be letting them in on something remarkable.
“There’s some things that I’m going to reveal that haven’t been made public yet,” he said, tempting the audience with the prospect of inside information. “We’ll let you speculate from there.”
Far from the scrutiny of the Canadian government – the kingmaker deciding which companies receive a highly coveted licence to grow and sell medical marijuana – Mr. Chaaban proceeded to talk up his plan.
His Michigan-based company, Creative Edge Nutrition, had a Canadian subsidiary called CEN Biotech that was constructing a facility in Southern Ontario big enough to produce 600,000 kilograms of medical marijuana a year. Not only would it be the largest legal grow operation in Canada, but this plant in the town of Lakeshore, just east of Windsor across the border from Detroit, would be the biggest of its kind in the world – bigger than all the other Canadian companies combined. CEN Biotech was going to rule this new industry.
Mr. Chaaban, a lawyer from the Detroit area, said he’d spoken with Health Canada only a few weeks earlier and was going to “partner with them.” He also told the room of investors that his company had “essentially” been approved by Ottawa.
It was a tantalizing story. Because, as Mr. Chaaban said, this wasn’t just about medical marijuana. The way he saw it, Ottawa’s medical marijuana legislation was basically the end of prohibition on the drug.
“Effectively it’s de facto legalization. All you need is a script from a doctor. You don’t have to prove why you need it – all you need is a prescription to get it,” he said. “I see the market being 500,000 patients in two years, and being billions of dollars.”
Energized by his story, investors gave Mr. Chaaban a standing ovation. In the weeks that followed, shares of the parent company, Creative Edge – a penny stock traded on the loosely regulated over-the-counter (OTC) market in the United States – rose quickly.
But what the investors in Denver didn’t know was that Mr. Chaaban had made several claims that weren’t true. Health Canada does not form “partnerships” with private-sector companies. Nor had CEN Biotech “essentially” been approved by Ottawa to begin selling medical marijuana in Canada.
What they also didn’t know was that while Mr. Chaaban was touting his company to them, he was simultaneously selling off his own shares in huge numbers and pocketing millions of dollars in the process.
Video: In a booming industry, medical marijuana company makes problematic claims
Brightcove player
When Health Canada set out to design a market – under orders from the Supreme Court – that would allow medical marijuana to be prescribed to patients who need it, the impact on the capital markets was not on its mind, according to thousands of pages of federal documents detailing the process, which were reviewed by The Globe and Mail.
But in forming this lucrative new industry, Ottawa has unwittingly left the door open for stock promoters to spin tales of vast opportunity, and enrich themselves on the backs of unsuspecting investors. And Ottawa appears to have no answer for how to stop it.
A Globe and Mail investigation has found that while Health Canada performs background checks on those who want to operate medical marijuana companies, the department has not looked into how these same companies conduct themselves in the capital markets, or what they are telling investors.
When asked about CEN Biotech’s conduct, Health Canada refused questions, saying it could not comment.
But Mr. Chaaban has continued unabated. As he concluded his remarks in Denver, he couldn’t help but entice investors further. “Stay tuned,” he said. “We just started.”
Selling a story
Before he set his sights on dominating Canada’s nascent marijuana sector, Mr. Chaaban’s primary business was Creative Edge Nutrition, a company on the outskirts of Detroit that made nutritional supplements and energy drinks.
Mr. Chaaban told investors in the U.S. that Creative Edge Nutrition ships around the world and is a major player north of the border, “supplying every major nutrition store in Canada.” The Globe and Mail has been unable to verify this claim. Staff at three of the country’s largest retail chains – GNC, Popeye’s Supplements, and Nutrition House – said they had never heard of the brand. When asked for a list of Canadian stores that sell Creative Edge products, Mr. Chaaban and his spokesman did not respond.
The focus shifted to medical marijuana on Sept. 5, 2013, when Mr. Chaaban announced the creation of a subsidiary, CEN Biotech.
Declaratory Action on Invalid Authorized Increase of Common Shares Part 1
I agree most SEC actions are 2 to 4 years. That is why I see a Wyoming Declaratory Judgment
on the invalid authorized increase as a shortcut to this end game. More of a parallel litigation enhancement.
Discovery Minerals, Ltd., played it loose and fast on the redomicile, and if not for the par capital
mismatch discovered, would of gone undetected, as per the intent of management.
This authorized capital increase from 5 to 10 billion without shareholder notice is about as big as a
gotcha as you can find. For something this big to stick the "scienter" or managements state of
mind must be solid and it is.
In all filings pertaining to Discovery Minerals, Ltd, there is not one mention of the redomicile process, or
the increased in authorized common to 10,000,000,000. No mention of this in the subsequent events disclosure,
not in the footnotes of the financials, and most alarming no disclosure of the stated authorized par capital
being increased from $50,000 to $1,000,000 in the financials.
In support of management's conscious state of mind to evade disclosure of the Wyoming redomicile of DSCR to
increase authorized shares from 5 to 10 billions common shares include.
Time Line
1.a On June 18, 2018 Russell Smith signed a resolution as sole director of
Discovery Minerals Ltd., to file an application in Wyoming to continue the company from Nevada.
Wyoming filed Articles of Continuance, Discovery Minerals, Ltd., on June 19, 2018
*** OF IMPORTANCE OFFICIAL REPRESENTATION TO WYOMING SOS***
DATE: June 19, 2018
Number of Shares: 4,986,999,994
Class: Common
Series:
Par Value per share: $.01
Source:
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
OTC Market Mismatch
On June 30, 2018, DSCR closed out it third business quarter and filed its mandatory report
with OTC markets. In this report DSCR omitted the following:
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/199645/content
Accusations with sources & pictures are called EXHIBITS
All of the reporting has been cited with referenced links for confirmation, these are then organized in "Exhibits", which are presented to inform the minority shareholder of what Discovery Minerals Ltd, management has neglected to tell them.
What is evading your obvious bias, is not what I am disclosing, but rather why Discovery Minerals is negligent in not reporting this themselves.
Except the part about disclosing this to shareholders
I know reading comprehension is not your thing, that is why I took your suggestions
and made it a coloring book edition, just for you.
What you are having problems grasping is how documents filed at the Nevada Secretary of State
says par value is $0.00001 or paid in capital of $50,000. That number is
calculated by 5,000,000,000 common shares times the stated par value of the articles of incorporation,
which up until June 18, 2018 was $0.00001 - $50,000.
Then on June 20, 2018 Russell smith filed an application stating the common par capital was
$0.01 per share - $50,000,000 in paid in capital.
Then on July 2, 2018 filed an amendment with the Wyoming SOS increasing the authorized capital
to 10,000,000,000 with par value of $0.0001, or $1,000,000.
Although this is public means nothing, piecing it together is important.
What the pieces show is that DSCR increased the authorized capital from 5,000,000,000 to
10,000,000,000 without the mandatory shareholder meeting.
They did this by using the Wyoming redomicile as a beard to disguise the increase of authorized
capital circumventing a mandatory shareholder meeting as required by law.
Further what is truly evading your intellect is that the increase to 10,000,000,000 from
5,000,000,000 was done in violation of Wyoming Statute 17-16-105. Thus making any shares issued
after the 5,000,000,000 shares invalid.
This is how the minority shareholders can get paid, by suing the two law firms who were negligent
in their legal opinions pertaining to "current and accurate information" pertaining to Discovery Minerals, Ltd.,
Those lawyers, their respective law firms and the professional liability providers of:
1. James M Donovan;
2. Jessica M Lockett.
In my opinion have committed malpractice to the minority shareholders of Discovery Minerals Ltd.,
and as such are commercially liable for their negligence.
DSCR has 7,100,000,000 outstanding or 2,100,000,000 shares that were issued in
violation of Wyoming Statutes 17-15-105.
Between April and May 2021, over 6,000,000,000 of DSCR shares were traded, for a dollar volume
of more than $250,000,000.
December Trading
November Trading
October Trading
September Trading
August Trading
July Trading
June Trading
May Trading
April Trading
March Trading
February Trading
January Trading
Caused This
Make management, the promoters, and all other co conspirators of this scam accountable.
YOU CAN DUE YOUR PART
SEC Complaint
https://www.sec.gov/oiea/Complaint.html
Wyoming Attorney General
https://ag.wyo.gov/contact-us
Smoking Gun Found
This
Was never disclosed to the Minority shareholder of DSCR, in required mandatory reports including
A. 3-31-2018 OTC Mandatory Filing - no disclosure of Wyoming redomicile or increase
Source
https://www.otcmarkets.com/otcapi/company/financial-report/198326/content
B. 6-30-2018 OTC Mandatory Filing - no disclosure of Wyoming redomicile or increase
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/199645/content
C. 9-30-2018 OTC Mandatory Filing - no disclosure of Wyoming redomicile or increase
Source: https://www.otcmarkets.com/otcapi/company/financial-report/211791/content
D. Attorney Letter filed by James M Donovan on 7/31/2018
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/198540/content
E. Attorney Letter filed by Jessica M Lockett on 2/19/2019
Source: https://www.otcmarkets.com/otcapi/company/financial-report/211792/content
F. Multiple Classes of Stock were outstanding making DSCR ineligible to increase authorized common under W.S. 17-16-105
G. 3/31/2018 3 Classes of Stock
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/198326/content
H. 6/30/2018 -FILED AFTER WYOMING CONTINUANCE
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/199645/content
I. 9/30/2018 -FILED AFTER WYOMING CONTINUANCE
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/211791/content
Wyoming Law
J. Wyoming Law towards increasing authorized common capital
Source:
https://codes.findlaw.com/wy/title-17-corporations-partnerships-and-associations/wy-st-sect-17-16-1005.html
Once again thanks for the PM's citizen journalism is alive and well, your support and intel proves it.
Make these people accountable for the millions of dollars they have stolen from hard working honest people.
Witnessed Securities Fraud
We are looking for a Wyoming resident, in order to stress the withessed conduct to Bridgett Ford the Attorney General for Wyoming.
We are filing a complaint on what we discovered with the Attorney General of Wyoming, today including:
1. The illegal circumvention of Wyoming Statutes to increase the authorized share capital of DSCR to 10,000,000,000 in violation of Wyoming Statute 17-16-105;
2. The selling of the Discovery Mineral Coin, as a "Tethered Coin" and refusing to issue refunds to the investing public.
If you lost money in DSCR between July 18, 2018 to now, you are part of the damaged class we discovered.
Understand what we found and how this could help the minority shareholders who lost their money to this scam:
A. On June 18, 2018 the common share capital of DSCR was 5,000,000,000 common shares par value $0.00001 or
paid in capital was. (5,000,000,000 x $0.00001 = $50,000;
B. On July 18, 2018 the common share capital of DSCR was 10,000,000,000 common shares par value $0.0001 or
paid in capital was (10,000,000,000 x $0.0001 = $1,000,000)
This was done by filing an amendment to increase the authorized capital and to change the par value. All done on a representation that this was done in accordance with Wyoming Statute 17-16-105.
Upon review of both James M Donovan and Jessica Lockett, we discovered neither is licensed to practice law in the state of Wyoming.
Last in the spirit of Discovery Minerals Ltd., pattern of omission and material concealment. No where is it found in any DSCR filing on the domicile and increase of authorized capital to be found.
In the securities fraud world, this is known as material concealment, and now #7 of the conscious acts of scienter that management of DSCR took, at the detriment of the minority shareholder.
Exhibits in support include:
Multiple Classes of Stock
Wyoming Law
A call for a criminal investigation
This is so over the top and people need to be held responsible in a court of law.
What we discovered.
Discovery Minerals, LTD redomiciled into Wyoming as a ruse to raise the authorized capital from 5,000,000,000 shares to 10,000,000,000 shares without having a mandatory shareholder meeting /approval.
Meaning that the shares you were sold were not legally issued, and the shareholders here have a slam dunk lawsuit against Discovery Minerals, & the two lawyers who signed off on this including:
1. James M Donovan;
2. Jessica Lockett.
When you wake up and realize that you have been lied to, and your hard eared money has been stolen. You can take action and organize, these people, the management, promoters, lawyers, CPA, all of these people need to in front of a judge answering for what they did.
Just like Scott Watkins and Joel Stohlman, who plead guilty to securities fraud in 2021. Justice does work, somethime faster sometimes slower, but it always works.
Let us make 2022 the year that DSCR is forced to answer the questions it is hiding from.
PM me, this is a movement, and it is bigger and wider than just Discovery Mineral Ltd.
These people and what they did is the cancer to the American dream and every one of them needs to held accountable.
When are we getting that legal opinion
It has been more than 22 weeks, and crickets. Thousands of investors have lost millions of dollars and crickets.
No Amended filings
No Legal Opinion
No Press Release on Status
When you realize that management stole from you, send me a PM. I will send you links and additional information on how you can file a complaint.
These people all need to be held accountable. They stole millions of dollars form hard working people, and this is how they say thanks.
How Did DSCR Increase its Authorized Common Stock?
Our newest report coming out tomorrow is an analysis of how Discovery Minerals Ltd, a Nevada Corporation
with 3 classes of preferred, and 5,000,000,000 common. Became a Wyoming corporation with 1 class of stock
at 10,000,000,000 authorised. ALL Without a shareholder vote.
Thanks to PM's, they are working, and as you can tell, I follow up and report where the facts take me.
A good primer on our upcoming report can be seen here:
Exhibit 43. Jame M. Donovan, Esquire https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167539817
Exhibit 44. Jessica M Lockett, Esq. filed 2/19/2019 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167540176
Exhibit 45. Par Capital Does Not Add Up https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167540716
Exhibit 46. DSCR Nevada SOS Certified Filings https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167543477
Exhibit 47. DSCR Wyoming Articles of Continuance https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167543581
Exhibit 48. Reincorporation into Wyoming to evade mandatory shareholder approval to increase authorized common stock capital from 5,000,000,000 to 10,000,000,000 shares. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167544241
Preview of report "Exhibit 1. Indexed visual references in support
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Multiple Classes of Stock
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Wyoming Law
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Exhibit 48. Reincorporation into Wyoming to Increase shares to
10,000,000,000 circumventing shareholder approval and meeting.
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BUT *** Discovery Minerals, LTD., HAS Multiple Classes of Stock ***
4.
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/198326/content
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Source:
https://www.otcmarkets.com/otcapi/company/financial-report/199645/content
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Source:
https://www.otcmarkets.com/otcapi/company/financial-report/211791/content
Wyoming Law
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Source:
https://codes.findlaw.com/wy/title-17-corporations-partnerships-and-associations/wy-st-sect-17-16-1005.html
Exhibit 46. DSCR Nevada SoS Certified Filings
Part 1 of the Par Value discrepancy of $0.00001 (DSCR) and Jessica Lockett at $0.0001
Certified Nevada Secretary of State Filing for Discovery Mineral Ltd.,
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Exhibit 45. Par Capital Does NOT ADD UP
Discovery Minerals, Ltd and attorney Jessica Locket on 2/12/2019 both filed reports to the OTC on behalf of Discovery Minerals Ltd.
In both reports a par value inconsistency exists, Jessica states that it is 10,000,000,000 @ $0.0001, while Discovery Minerals, Lrd, contends that it is 10,000,000,000 @ $0.00001.
This might seem minor, but it begs the question, how in the world does this happen.
Attorney letter states par value at 0.0001
Source
https://www.otcmarkets.com/otcapi/company/financial-report/211792/content
Discovery Minerals states par value at $0.00001 NOT $0.0001 as Jessica M Lockett filed with the OTC Markets on 2/12/2019
Source
https://www.otcmarkets.com/otcapi/company/financial-report/211791/content
Exhibit 45. Par Value of Authorized Capital Not The Same
Source
https://www.otcmarkets.com/otcapi/company/financial-report/211792/content
Source
https://www.otcmarkets.com/otcapi/company/financial-report/211791/content
Exhibit 44 Jessica M. Lockett, Esq. filed 2/12/2019
Documents Reviewed as per Attorney Letter filed 2/12/2019 for period ending 9/30/2018
Legal Opinion Filed 2/12/2019 Jessica M. Lockett, Esq.
Source
https://www.otcmarkets.com/otcapi/company/financial-report/211792/content
Exhibit 43. James M Donovan Esquire
Why Discovery Minerals Ltd, won't furnish a legal opinion
James M Donovan
Attorney who wrote the legal opinion to the Discovery Minerals Annual report filed July 31, 2018
Source:
https://www.otcmarkets.com/otcapi/company/financial-report/198540/content
For Discovery Minerals LTD., Documents reviewed as per James M. Donovan's legal Opinion filed on
Pennsylvania State Bar Lookup of Jame M Donovan.
Only 1 problem with your narrative - well written I may add.
You forgot to inform the board about the set of events and timeline, which makes your narrative,
misleading at best.
Everything you state in the previous message, was stated by management of Discovery Minerals, Ltd.,
prior to 12/20/2021. In the 18 business days since DSCR was thrown into Caveat Emptor status
management has been reckless in not addressing this nor the 99% decline in share price, that was the
result of being listed as a Caveat Emptor security.
This board tries to make it out like this is no big deal and it is "just" like the expert market.
It is not, and I encourage everyone to get informed on this, and read the official statement from
OTC market concerning this. Here is the link
https://www.otcmarkets.com/learn/caveat-emptor
Proof, your statement and assessment is "STALE"
December 15,2021, management of DSCR files annual report, last official communication for company.
No official News - Press Release, Legal Opinion from company since 11/2/2021
No Disclosures 12/15/2021
Penny, everything you state, was prior to DSCR being thrown into a Caveat Emptor status.
On 12/20/2021 The OTC Markets placed Discovery Minerals, Ltd. into Caveat Emptor Status.
Here is the twitter link announcing this.
Source:
Today’s #CaveatEmptor List | $DSCR | For info: https://t.co/Ec92x8j8lQ | Our policy: https://t.co/WCVnnlOgg8 | 12/20
— OTC Markets Group (@OTCMarkets) December 20, 2021
Exhibit 37 Post index from Marauder Proves Coin Sale Occured
1. May 5, 2021, "I received 50 ERC-20 Discovery Mineral Coins for $100 plus a $5.00 fee"
Source:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163629101
2. May 5, 2021, "People have no idea. This did not happen overnight"
Source:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163629281
3. May 6, 2021 "1 coin today = $131,142,102 theoretically"
Source:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163640548
4.October 8, 2021 "He’s lower than what you scrape off a fisherman’s boot"
Source:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166276079
5. January 12, 2022, "Never say never! Your wife said she’d never do 4n4l, surprise!"
Source:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167474567
I appreciate all the new researchers, the intel that you are providing is really
filling in missing holes.
Remember what caused this
Was Management using selective communication to "special" group of shareholders, who took this non public information and caused
1.6 BILLION DSCR shares to trade netting more than $50,000,000
Fueled by this
[img]http://investorshub.advfn.com/uimage/uploads/2021/12/26/rvlenDSC_COin_on_WEb
iste_May_21,_2021.JPG[/img]
Make these people accountable, the SEC Complaints are helping alongside the AG of Wyoming.
Justice moves slow, but it does not stop.
Pink is Never Never Happening Stop Kidding Yourself
You ever drink milk out of a milk carton, to know that something just does not taste right?
Only to smell the container to confirm it had turn by the smell. You ever do that.
Welcome to the realization phase of $DSCR
A. No Legal Opinion, where is management addressing the 99% decrease in share price in one day.
B. Lets talk about the millions of dollars that were lost.
C. Lets talk about the message board pumpers, who on May 4, 2021 through May 11, 2021, had
non public information, and used it to achieve financial gain.
D. I feel the SEC is going to suspend this and a whole slew of other companies, coming out of
429 Plumb Lane Reno, Nevada.
F. Lets talk about the legal opinions to strip the restrictions off the convertible debentures.
Pacific Stock Transfer is just a ministerial part of this equation. The key here is who is the
attorney behind the removal of the restrictions.
What caused this
Discovery Mineral Ltd NO LEGAL Opinion
24 weeks not a single peep from management, stock down 99%,
thousands of people lost millions of dollars.
Coordinated pump and dump using selective communication to shareholders,
between May 3 to May 11, 2021.
Selling 1,600,000,000 (One Billion Six Hundred Million) DSCR common shares for more than
$50,000,000 in illicit profits.
This weeks topic of conversation is the securities fraud conspiracy that DSCR
company is in the epicenter of.
Remember the Ricardo Richardson indictment in the Eastern District of
Pennsylvania. The one where Scott Watkins and Joel Stohlman already
plead guilty to.
Now that this has been established as FACT, the story and perspective is
coming into focus. With Scott & Joel cooperating for a
more lenient prison sentence.
I am sure the missing ties to this conspiracy will be put together well
before both of them are sentenced on July 22, 2022.
This week we are going to examine a securities fraud conspiracy involving:
1. Discovery Minerals, Ltd, (DSCR)
2. Viratech Corp, (VIRA)
3. Wellness Builders,
4. Wellnessbuilders,
5. Wellness Builders Corp.
6. Interactive Health Network (IGRW),
7. Creative Edge Nutrition (FITX),
The people involved with this securities fraud all
need to held accountable. You can help, the PM's are
really helping and a great source of Intel, together we
will find the smoking gun that brings these criminals to
the light of justice.
Discovery Minerals LTD
is dead as disco
Forensic Intelligence
I was invited to this board, have a background in investigative reporting with emphasis on securities fraud.
I dig harder and deeper than anyone you will ever meet.
Missing anything fun :)
The Discovery Mineral Ltd. Cast of Characters
The provenance of the people in this transaction:
1. Ricardo Richardson: Indicted for Securities Fraud - Eastern District of PA
2. Fred Schiemann: 429 Plumb Lane, CPA for IGRW, DSCR, AIDC, FITX, VIRA, Wellness Builders, Permanent Ban SEC 1993.
3. Frank Petronis: IGRW, FITX, Wellness Builders, VIRA.
4. Henry Manayan: - Former House Advisor to Obama DSCR, IGRW, Wellness Builder, VIRA.
5. Morgan Petitti: Lawyer wrote majority of legal opinions for IGRW, FITC, VIRA, AIDC, ANVV, NHEL
7. Scott Watkin: - Plead Guilty to Securities Fraud to be sentenced July 22, 2022. NHEL, ANVV, FITX, IGRW, VIRA, DSCR, Cambridge Golfing,
8. Joel Stohlman: - Plead Guilty to Securities Fraud to be sentenced July 22, 2022. FITX, IGRW, VIRA, DSCR, Cambridge Golfing.
9. Randy Hamden: - Stock Promoter - with SEC Ban
10. Edward Heil : - Indicted in Ricardo Richardson criminal case
11. John Dolkhart Jr.: - Attorney for Discovery Minerals since January 1, 2013. Resigned from Discovery in September 28, 2021.
12/22/2022 The Cliffnotes version of Caveat Emptor
Source
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167217535
12/21/2021 Open Letter to Gary Gensler On Why Discovery Minerals Needs to be suspended
Honorable Gary Gensler, I would suggest that you take the phone and call enforcement. From there have an ALJ judge sign a 12(k) suspension order. 1 hour of work, and you coukd save future investors in this company from the reckless managment of Discovery MInerals, Ltd.
The OTC Markets action is limited, and with the information provided below, the SEC has more than sufficient information to suspend.
Thousand of people lost millions of dollars here, and with this company still trading, they are 1 inflammatory release away from separating people from millions of dollar.
We have reached out to Bridgett Ford, the Wyoming AG, alongside Senator Cynthia Lumis (WY)
Below is a cursory report we compiled that show the need for a SEC Suspension. If enforcement needs any information from our archives, we will be more than happy to furnish, including affidavits and video tape testimony. A formal investigation has to commence here. This conduct is so over the top, it feels like a bad comedy, unfortunately it is not.
Source
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167208245
12/20/2021 Discovery Minerals Caveat Emperor Status Skull and Crossbones
Discovery Minerals Caveat Emperor Status Skull and Crossbones
https://www.otcmarkets.com/stock/DSCR/quote
Now that your investment is worthless, it is time to make these people and their advisors all accountable.
"...The Caveat Emptor Designation may be assigned when OTC Markets Group becomes aware of one or more of the following:
Promotion — The security is the subject of stock promotion that may be misleading or manipulative.
Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.
Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.
Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
Other Public Interest Concern — OTC Markets Group has determined that there is a public interest concern regarding the security. Such concerns may include, but are not limited to, unusual or unexplained trading activity, spam or disruptive corporate actions, even when current information is publicly available.
12/20/2021 DSCR SEC Suspension Warranted Insider Trading Discovered
Source
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167191904
Discovery Minerals Ltd, a Wyoming
Corporation,has more questions than
answers.
The SEC under Section 12(K)
need to protect the minority shareholders
of this company from the following
documented transgressions below.
FULL REPORT HERE
When you have had enough file an SEC Complaint here
File your SEC Complaint Here
Proof of Discovery Minerals Ltd., Inadaquate financial
information and why the SEC needs
to suspend this company
for the protection of the
minority shareholders under Section 12(k).
Full Report Here
12/16/2021 Upcoming DSC Coin Lawsuit From 12/15/2021 Annual Report
source https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167154653
Upcoming DSC Coin Lawsuit From 12/15/2021 Annual Report
"if this company was in the funeral home business, people would stop dying"
How cavilier is the managment of Discovery Minerals, Ltd. On December 15, 2021 they file their annual report for period ending 9/30/2021, and in this report on page 22 it states.
Note 8 – Subsequent Events
"...In December 2021 the Company entered into an escrow agreement whereby all coin buyers will be refunded their full purchase amount...
I don't want a refund I want my DSC Coin that was represented by managment of Discovery Minerals, Ltd., to be backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of gold & 2,100 ounces of silver.
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
A DSC Coin lawsuit will sink this boat
Factor this new upcoming liabilty to the accumulated deficit of $13,786,460 & a Working capital deficit of $713,117. On the backdrop of ZERO revenue, Discovery Minerals is a perpetual stock promotion, NOTHING MORE.
Further due diligence you need to read before Discovery Minerals Ltd., gets suspended.
1.Annual Report Shows SEC Suspension Warranted to Protect Minority Shareholders
Primer #1
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143577
2. Does Discovery Minerals Annual Report Admit Fraud & Insider Trading?
Primer #2
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143522
3. Inadaquate Information and ADMISSION of Insider Trading
Primer #3
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167147419
Management of Discovery Minerals filed a rushed and incomplete annual report last night for period ending 9/30/2021.
In this annual report Discovery Minerals Ltd. admits for the first time in a public disclosure document that it offered a crypto currency coin for sale.
Note 8 – Subsequent Events
"...In December 2021 the Company entered into an escrow agreement whereby all coin buyers will be refunded their full purchase amount..."
Source *1
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Page 22
WHY THIS IS A BIG PROBLEM
1. It proves insider information happened.
Post #105320 is a copied email from Discovery Minerals LTD., on October 8, 2021 to a "select non public Discovery Minerals LTD., shareholder.
"...If you have questions about the coin, we will be issuing refunds. Please send a copy of receipts or purchasing agreements to us via email. Please allow 7 days for a response..."
Source *2
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
2. It proves management's scienter, who consciously made a decision to conceal from the minority shareholders, in public disclosures for the last 6 months the DSC Coin sale and the $2,538,000 they made selling the coinby mirepresenting the assets supporting it by more than $100,000,000.
3. It proves $100,000,000 "backing DSC COin did not exist On August 18, 2021 Discovery Minerals Ltd. filed a report with OTC markets for period ending June 30, 2021. In this report Discovery Minerals, Ltd., omitted all mention of DSC Coin or the revenue it derived from its sales, including;
1. Page 12. No Revenue - Discovery Minerals, Ltd. reported 0 revenue, analysis of whether the DSC coin sales where accounted for are obvious;
2. Page 16. Revenue Recognition- Criteria of booking the DSC coin sales would qualify;
3. Page 22. Subsequent Events - Management makes a conscious decision to omit in its entirety the DSC Coin sale from OTC mandatory report.
Source *3
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Further acts proving management scienter to conceal the DSC Coin sale.
4. Discovery Minerals LTD., management took down the down DSC coin website on August 15, 2021. This was 1 day before not disclosing the coin sale on a mandatory OTC Market report for period ending June 30, 2021.
*4 Source https://discoverymineralscoin.com
*5 Source . Archive of website that the management of Discovery Minerals Ltd., took down on August 15, 2021. https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
6. Proof of the DSC Coin Sale
That pesky proof that shows management sold $2,538,000 worth of the DSC Coin based off a misrepresentaiton of $100,000,000 in assets "...backing the coin..." it, then conscioulsy conceals this from the minority shareholders for more than 6 months.
*6 Source https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
What is fraudulent concealment?
Under contract law, a plaintiff can recover from a defendant on the grounds of fraudulent concealment where the defendant (1) concealed or suppressed a material fact; (2) had knowledge of this material fact; (3) that this material fact was not within reasonably diligent attention, observation, and judgment of the plaintiff; (4) that the defendant suppressed or concealed this fact with the intention that the plaintiff be misled as to the true condition of the property; (5) that the plaintiff was reasonably so misled; and (6) that the plaintiff suffered damage as a result.
What is Scienter
A legal term that refers to a culpable state of mind. In other words, scienter is a defendant's knowledge that an act or conduct is wrongful and intent to act despite this knowledge. Scienter is often an element of liability, including in most cases involving assertions of fraud. Where scienter is an element of a claim, courts require a showing that the defendant had knowledge that the alleged misconduct (which may include an action or statement) is wrong or illegal before issuing judgment or conviction.
File an SEC Complaint here https://www.sec.gov/oiea/Complaint.html
12/14/2021 Discovery Minerals will file in Neveruary.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167119267
They got caught committing fraud, flat out don't pass go, don't collect $200.
I will bet you that this company will never file. If they do, their new attornies will be busy managing the derivative lawsuits for fraud.
Public companies have a defense and it is the state of mind defense, known as scienter.
Discovery Minerals, Ltd., by filing a new disclosure document, management will have to explain all of there conduct in a signed under penaly of perjury document.
NEVER HAPPENING....If they do I promise to sue them, just for the sport value of defeating a 12(b) 6 motion to dismiss under the PLSRA.
The press release concealment, we discovered this morning thanks to Frez, has now given us another exhibit of management's conduct.
This company and a bunch others are all going down for fraud. I told you we were writing a documentary, well DSCR is the centerpiece of educating Congress why the SEC should be given broader powers to prosecute these actions.
Thank you for playing, your input has helped us in triangulating this mess.
12/10/2021 Not going anywhere until managment addresses this
Source: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167074540
1. Misrepresentation of DSC Coin Sale.
On May 11, 2021, the managment of Discovery Minerals Ltd. a Wyoming Corporation, sent out a press release, announcing the launch of a Ethereum token offering. *1
In that nationally disementated press release, Discovery Minerals, Ltd., represented that the DSC Coin was backed by more than $100,000,000 in assets.
"...The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."
*1 Source: https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Upon examination of Discovery Minerals Ltd., latest publicly filed financial report filed on August 16, 2021 for period ending June 30, 2021, Discovery Minerals, LTD reported zero in revenue and assets of $238,000. *2
2. A financial misepresentation of more than $100,000,000 represented "backing" the DSC Coin.
*2 Source: page 12 (no revenue) & 13 ($238,000 assets) https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
3.Through this misrepresentation of assets "backing" the DSC Coin. Discovery Minerals, Ltd was able to sell & transfer $2,538,000 worth of DSC coin sales, between the time period of May 11, 2021 to June 30,2020 *3.
*3. Source: https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#balances
4. On August 16, 2021 Discovery Minerals Ltd., filed a mandatory current financial report with the OTC markets. This report covered the time period between March 31, 2021 to June 30, 2021 and should of included disclosure of the $2,538,000 worth of DSC Coin sales, it did not. In this report, Discovery Minerals Ltd. consciously conceals disclosure of the DSC Coin Offering three times including:*4.
Omission 1. The reporting of zero revenue;
(Page 12 of *4)
Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin sale;
(Page 16 of *4)
Omission 3 Subsequent Events section, omitting that the DSC Coin offering existed.
(Page 22 of *4)
*4 Source: https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
5. To further conceal DSC coin offering sale of $2,538,000, Discovery Mineral Ltd., purposely took down the DSC coin offering website as seen here.
https://discoverymineralscoin.com
An archive of the DSC coin offering website, shows the extreme level that managment went to, to conceal the $2,538,000 in DSC Coin sales from the minority shareholders of Discovery Minerals Ltd.
*5a (archived) Discovery Minerals Coin offering website
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
The minority shareholders have lost 95% of the value of their stock since September 2021. The main driver of this, the market has discovered the negligence of what management has concealed.
This is why this company needs to be suspended, until Discovery Minerals Ltd., can explain these disrepancies to the market, the minority shreholders will continue to lose money in this stock.
When you have had enough the SEC has a one page website to lodge a complaint. Took me 3 minutes, and that was because I was waiting on my coffee.
https://www.sec.gov/oiea/Complaint.html
If you want to file with the Attorney General of Wyoming the website is. https://attorneygeneral.wyo.gov/
12/7/2021 Attention SEC, OTC Markets, Market Maker Compliance
Source: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167028091
1. Misrepresentation of DSC Coin Sale.
On May 11, 2021, the managment of Discovery Minerals Ltd. a Wyoming Corporation, sent out a press release, announcing the launch of a Ethereum token offering. *1
In that nationally disementated press release, Discovery Minerals, Ltd., represented that the DSC Coin was backed by more than $100,000,000 in assets.
"...The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."
*1 Source: https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Upon examination of Discovery Minerals Ltd., latest publicly filed financial report filed on August 16, 2021 for period ending June 30, 2021, Discovery Minerals, LTD reported zero in revenue and assets of $238,000. *2
2. A financial misepresentation of more than $100,000,000 represented "backing" the DSC Coin.
*2 Source: page 12 (no revenue) & 13 ($238,000 assets) https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
3.Through this misrepresentation of assets "backing" the DSC Coin. Discovery Minerals, Ltd was able to sell & transfer $2,538,000 worth of DSC coin sales, between the time period of May 11, 2021 to June 30,2020 *3.
*3. Source: https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#balances
4. On August 16, 2021 Discovery Minerals Ltd., filed a mandatory current financial report with the OTC markets. This report covered the time period between March 31, 2021 to June 30, 2021 and should of included disclosure of the $2,538,000 worth of DSC Coin sales, it did not. In this report, Discovery Minerals Ltd. consciously conceals disclosure of the DSC Coin Offering three times including:*4.
Omission 1. The reporting of zero revenue;
(Page 12 of *4)
Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin sale;
(Page 16 of *4)
Omission 3 Subsequent Events section, omitting that the DSC Coin offering existed.
(Page 22 of *4)
*4 Source: https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
5. To further conceal DSC coin offering sale of $2,538,000, Discovery Mineral Ltd., purposely took down the DSC coin offering website as seen here.
https://discoverymineralscoin.com
An archive of the DSC coin offering website, shows the extreme level that managment went to, to conceal the $2,538,000 in DSC Coin sales from the minority shareholders of Discovery Minerals Ltd.
*5a (archived) Discovery Minerals Coin offering website
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
The minority shareholders have lost 95% of the value of their stock since September 2021. The main driver of this, the market has discovered the negligence of what management has concealed.
This is why this company needs to be suspended, until Discovery Minerals Ltd., can explain these disrepancies to the market, the minority shreholders will continue to lose money in this stock.
When you have had enough the SEC has a one page website to lodge a complaint. Took me 3 minutes, and that was because I was waiting on my coffee.
https://www.sec.gov/oiea/Complaint.html
If you want to file with the Attorney General of Wyoming the website is. https://attorneygeneral.wyo.gov/
11/30/2021 WHY this is going to $0.00000
Besides the 6,000,000,000 Issued and Outstanding shares, complimenting $0.00 Revenue
DSCR is also negligent in providing accurate financial information. The SEC suspends companies that are demonstrating the same conduct of DSCR.
This in known as a Section 12(k). I highly encourage every investor to goto the SEC website and research the recent SEC suspension onrders.
LETS TALK ABOUT MANAGEMENT's NEGLIGENCE
DSCR will never file another mandatory report again. Why because to do so will the management would have to explain the criminality that this board has discovered, which they (management of DSCR) decided to further conceal.
Until the company makes an official disclosure on the missing proceeds to the DSC coin sales,they are commiting securities fraud.
The company induced people to buy the DSC Coin under false pretense that it was backed, by Gold, Silver, Ethereum and Bitcoin. It was not!!
"... The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."
Source: DSCR Yahoo Press Release Dated 5/11/2021
DSCR is at a great risk of being suspended by the SEC. This is 100% because management refuses to address the discrepancies that has been documented on this board.
For further validation of this refer to Post # 100872
"...DSCR pink current junior gold mining company that has aquired the Ruby Gold Mine in California, the belive there is 2-5x the amount of gold there then the originally thought. Pr here: Press Release proving criminality
Created their own crypto coin that will be tethered to 50% of the gold the find from the mine, as well as silver, bitcoin and etherum.
Just had massive coin sales of 1m coins, 200k coins, 2- 10k coins and much more! Coin sales have Gone over $2.5 million Dollars. (Each coin is $2 each) REVENUE for DSCR!
Coin sales: https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 SMOKING GUN
https://discoverymineralscoin.com/ TAKEN DOWN
NEW Website Discoveryminerals.com
NEW IG Account https://instagram.com/discoveryminerals?utm_medium=copy_link
Float is only 1.5b moves like air!!
Heavily Shorted these past few months..."
Compare Post 10872 behind the backdrop of the OTC Markets Mandatory Financial reports for DSCR for period ending 6/20/2021 filed on 8/16/2021.
Source of Latest Report DSCR file OTC Report 8/16/2021 for perod ending 6/30/2021
Ommission of DSC Coin sale as identified in Post #10872 from mandatory reports include:
DSCR mandatory report for 6/30/2021, filed on 8/16/2021
1. Page 13 the reporting of 0 revenue from DSCR
"...For the For the For the For the
Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended
June 30, June 30, June 30, June 30,
2021 2020 2021 2020
Revenue $ - $ - $ - $ -..."
2. Page 16 Conditions of DSC Coin Sales met for booking as revenue.
"...Revenue recognition
For revenue from product sales, the Company recognizes revenue using four basic criteria that must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgment regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded.
The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required..."
3. Page 22 The decision by DSCR management to purposley conceal the DSC Coin Sale. TEXTBOOK SCIENTER
"...Note 8 – Subsequent Events
Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 after the balance sheet date through the date the financial statements were issued. The Company did not identify any additional material events or transactions occurring during this subsequent event reporting period that required further recognition or disclosure in these financial statements..."
They embezzled the coin sale, and with management scienter, made a conscious decision to further conceal this criminal act.
It is that simple, SEC Complaint has been filed. Don't be suprised when this get suspended and your investment becomes worthless.
Source https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166943079
11/27/2021 DSCR will never file another financial report again
To do so would admit the criminalty discovered. Until DSCR files a current report explaining the $2,500,000 in unreported coin sales this is a scam that deserves to be suspended by the SEC.
Anyone not hyptonized by your FOMO bs can see right through this.
Source:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166918221