Django of Securities Fraud
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Shell Risk Confirmed, What Company says in a filing contradicts OTCMarkets
Once again what you are refrencing is the annual report that Discovery Minerals Ltd. Filed on 12/15/2021 for period ending 9/30/2021.
Unfortunaltey as this board has learned in the past, what managment of DSCR says is not always true.
WHAT A SUPRISE.
Let me once again teach you what you do not understand or worse, you understan and mislead
First what is a shell risk
The OTC Markets shell risk designation indicates that a company may be a shell company, as defined by SEC rules or displays characteristics common to shell companies. This designation is made at OTC Markets' discretion based on an analysis of the company's key financial data.
Jun 3, 2021
Source
https://www.otcmarkets.com/files/OTCM%20Compliance%20Flags.pdf
Proof Disocvery Minerals is a shell risk can be confirmed here.
Source
https://www.otcmarkets.com/stock/DSCR/overview
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
On the intro box I have uploaded an image from OTC Markets website as of 12/17/2021. Showing that in Fact OTC Markets Classifies Discovery Minerals, Ltd. as a shell risk
Thanks for pointing this out.
Links Work Proving Discovery Minerals is Shell Risk
ATTENTION MARKET MAKERS
Discovery Minerals, LTD.
OTC SYMBOL: DSCR
is a
SHELL RISK COMPANY
PROOF https://www.otcmarkets.com/stock/DSCR/overview
what is a shell risk company ?
https://www.otcmarkets.com/glossary#shell-risk
Discovery Minerals Ltd., Is a SHELL RISK
Shell Risk
No Revenue - ZERO
$13,700,000 deficit
$ 498,000 debtentures
90% of Bid
10 Day Lookback
Source
https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
The promoters on this board and the lies they spew, only adds to why the SEC needs to suspend this company.
Inadequate financial information acreoos the board with Discovery Minerals, and a perfct candiate for a SEC Supsension unders Section 12(k).
Discovery Minerals Ltd PROOF of Securities Fraud.
ATTENTION BROKER DEALER TRADING COMPLIANCE OFFICERS Discovery Minerals is a Shell Risk
Source https://www.otcmarkets.com/stock/DSCR/overview
Discovery Minerals, LTD.
OTC SYMBOL:DSCR
is classified by OTC Markets as a
SHELL RISK COMPANY
Source https://www.otcmarkets.com/stock/DSCR/overview
What is a shell risk company ?
https://www.otcmarkets.com/glossary#shell-risk
Elements that OTC use to determine if Discovery Mineral, Ltd., is a Shell Risk
No Revenue - ZERO
$ 13,700,000 deficit
$ 498,000 debtentures
90% of Bid
10 Day Lookback
Source
https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
DSCR
Discovery Minerals Ltd.
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Source https://www.otcmarkets.com/stock/DSCR/overview
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/315640/content
Page 22
Why is this a BIG DEAL
1. It proves management gave insider information out to a select Discovery Minerals, Ltd. shareholder.
Discovery Minerals Investorshub Post #105320 is a copied email from Discovery Minerals LTD.,
On October 8, 2021 to a "select non public group shareholders", Discovery Minerals LTD., communicated no public informaiton consisting in part of.
"...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 coin.
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 Discovery Mangements state of mind "scienter" to further conceal the DSC Coin sale, from mandatory financial disclosure.
4. Discovery Minerals LTD., management purposley 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..."
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Then management of Discovery Minerals, LTD., purposely conceal this from the minority shareholders for more than 6 months (May 11, 2021 to December 15, 2021) in any mandatory public disclosure document.
*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
Discovery Minerals Ltd PROOF of Securities Fraud.
ATTENTION BROKER DEALER TRADING COMPLIANCE OFFICERS Discovery Minerals is a Shell Risk
Source https://www.otcmarkets.com/stock/DSCR/overview
Discovery Minerals, LTD.
OTC SYMBOL:DSCR
is classified by OTC Markets as a
SHELL RISK COMPANY
Source https://www.otcmarkets.com/stock/DSCR/overview
What is a shell risk company ?
Source
https://www.otcmarkets.com/glossary#shell-risk
Elements that OTC use to determine if Discovery Mineral, Ltd., is a Shell Risk
No Revenue - ZERO
$ 13,700,000 deficit
$ 498,000 debtentures
90% of Bid
10 Day Lookback
Source
https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
DSCR
Discovery Minerals Ltd.
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Warning!This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Source https://www.otcmarkets.com/stock/DSCR/overview
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/315640/content
Page 22
Why is this a BIG DEAL
1. It proves management gave insider information out to a select Discovery Minerals, Ltd. shareholder.
Discovery Minerals Investorshub Post #105320 is a copied email from Discovery Minerals LTD.,
On October 8, 2021 to a "select non public group shareholders", Discovery Minerals LTD., communicated no public informaiton consisting in part of.
"...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 coin.
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 Discovery Mangements state of mind "scienter" to further conceal the DSC Coin sale, from mandatory financial disclosure.
4. Discovery Minerals LTD., management purposley 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..."
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Then management of Discovery Minerals, LTD., purposely conceal this from the minority shareholders for more than 6 months (May 11, 2021 to December 15, 2021) in any mandatory public disclosure document.
*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
SEC Suspension Warranted, Discovery Minerals Fraud Discovered.
The level of coordinted misinformation is alarming.
File an SEC Complaint here https://www.sec.gov/oiea/Complaint.html
When you understand the magnitude of this fraud, here is where you can file your complaint(s) against the management of Discovery Minerals, Ltd.
Wyoming Attorney General's office
https://ag.wyo.gov/
Securities & Exchange Commisison
https://www.sec.gov/
FIRST
How reckless is managment of Discovery Minerals, Ltd.
On December 15, 2021 files 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 of my DSC Coin. I want my DSC Coin that was represented by managment of Discovery Minerals, Ltd., on May 11,2021, to be backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of gold & 2,100 ouces of silver.
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
THIS LIABILITY is indefensible
Management is done, they have no play, no angle of escape, and no revenue to defend this from litigaiton.
A warranted lawsuit sends this deal straight to a bankruptcy court.
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 PERPUTUAL 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/315640/content
Page 22
Titantic hitting iceberg moment
1. It proves management gave insider information out to a select Discovery Minerals, Ltd. shareholder.
Discovery Minerals Investorshub Post #105320 is a copied email from Discovery Minerals LTD.,
On October 8, 2021 to a "select non public group shareholders, Discovery Minerals LTD., communicated no public informaiton consisting in part of.
"...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 coin by misrepresenting the assets supporting it by more than $100,000,000.
3. It proves $100,000,000 "...backing the 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 Discovery Mangements state of mind "scienter" to further conceal the DSC Coin sale, from mandatory financial disclosure.
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 and filed on August 16, 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..."
Then purposely conceal this from the minority shareholders for more than 6 months in any mandatory public disclosure document.
*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.
ATTENTION BROKER DEALER TRADING COMPLIANCE OFFICERS Discovery Minerals is a Shell Risk
Unfortunately SamTheTrader does not know what he is talking about. Clicking the link below will take you to Discovery Minerals, Ltd. OTC webpage. On the upper right corner of the OTC page you will see where this has been classifiedas a shell risk.
Source https://www.otcmarkets.com/stock/DSCR/overview
Discovery Minerals, LTD.
OTC SYMBOL:DSCR
is classified by OTC Markets as a
SHELL RISK COMPANY
Source https://www.otcmarkets.com/stock/DSCR/overview
What is a shell risk company ?
Source
https://www.otcmarkets.com/glossary#shell-risk
Elements that OTC use to determine if Discovery Mineral, Ltd., is a Shell Risk
No Revenue - ZERO
$ 13,700,000 deficit
$ 498,000 debtentures
90% of Bid
10 Day Lookback
Source
https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
DSCR
Discovery Minerals Ltd.
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Source https://www.otcmarkets.com/stock/DSCR/overview
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/315640/content
Page 22
Why is this a BIG DEAL
1. It proves management gave insider information out to a select Discovery Minerals, Ltd. shareholder.
Discovery Minerals Investorshub Post #105320 is a copied email from Discovery Minerals LTD.,
On October 8, 2021 to a "select non public group shareholders", Discovery Minerals LTD., communicated no public informaiton consisting in part of.
"...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 coin.
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 Discovery Mangements state of mind "scienter" to further conceal the DSC Coin sale, from mandatory financial disclosure.
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..."
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Then purposely conceal this from the minority shareholders for more than 6 months (May 11, 2021 to December 15, 2021) in any mandatory public disclosure document.
*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
ATTENTION BROKER DEALER TRADING COMPLIANCE OFFICERS
Discovery Minerals, LTD.
OTC SYMBOL:DSCR
is classified by OTC Markets as a
SHELL RISK COMPANY
Source https://www.otcmarkets.com/stock/DSCR/overview
What is a shell risk company ?
Source
https://www.otcmarkets.com/glossary#shell-risk
Shell Risk
No Revenue - ZERO
$ 13,700,000 deficit
$ 498,000 debtentures
90% of Bid
10 Day Lookback
Source
https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
DSCR
Discovery Minerals Ltd.
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Source https://www.otcmarkets.com/stock/DSCR/overview
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/315640/content
Page 22
Why is this a BIG DEAL
1. It proves management gave insider information out to a select Discovery Minerals, Ltd. shareholder.
Discovery Minerals Investorshub Post #105320 is a copied email from Discovery Minerals LTD.,
On October 8, 2021 to a "select non public group shareholders", Discovery Minerals LTD., communicated no public informaiton consisting in part of.
"...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 coin.
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 Discovery Mangements state of mind "scienter" to further conceal the DSC Coin sale, from mandatory financial disclosure.
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..."
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Then purposely conceal this from the minority shareholders for more than 6 months (May 11, 2021 to December 15, 2021) in any mandatory public disclosure document.
*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
ATTENTION MARKET MAKERS
Discovery Minerals, LTD.
OTC SYMBOL:DSCR
is classified by OTC Markets as a
SHELL RISK COMPANY
Source https://www.otcmarkets.com/stock/DSCR/overview
What is a shell risk company ?
Source
https://www.otcmarkets.com/glossary#shell-risk
Shell Risk
No Revenue - ZERO
$ 13,700,000 deficit
$ 498,000 debtentures
90% of Bid
10 Day Lookback
Source
https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
DSCR
Discovery Minerals Ltd.
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Source https://www.otcmarkets.com/stock/DSCR/overview
No Revenue $13,700,000 deficit, toxic convertible debt financing
Welcome to Discovery Minerals, home of embelished press releases, and illicit stock promotion. A company addicted to being a perpetual stock promotion. For we found it easier to sell our stock, than execute on a business model.
It is at the price it is, because the mangement of Discovery Minerals found it easier to sell and promote stock, then to execute on a revenue generating business model.
This is a story stock, always a story, always an excuse.
Your naked shorters scenario is your convertible debt funder who you gave 60,000,000 shares to on 9/30/2021 and the other funder who is getting liquid on his $198,000 Covertible debenture.
Source 10K filed 12-15-2021
When Discovery Minerals gets sued, which they will, for the DSC Coin concealment stunt the pulled. They will be forced to sell another highly dillutive convertible debenture, to pay for the lawyers.
See the pattern, management laughs at the minority shareholders, because they have to buy what management creates for free with a board resolution.
This is why you have so many shills promoting this, and why the constant attacks and cyberbullying I have had to endure. Easier to attack a truth, than to accept a lie.
With no revenue, the only way this company survives is by selling convertible debt, that converts on a 10 day 90% to bid lookback provision.
See those days when it opens at 0.0004. Yeah that so the convertible holder can cite that at the lookback price, take a % discount and sell those shares. More times than not, the debenture holders manipulate the market creating a rolling short. This way they clear every 2 weeks or so with the 10 day lookback clause they have been given. That is why this has insane volatility and this type of financing forever taints a company's image. Convertible Debenutres with a 90% discount to bid with a 10 day lookback provision, makes a pawnbroker loan, look like a 30 year fixed mortgage at 0% interest.
No institution will ever place infrastructure level financing at this, because the dilution it has to compete with.
Mangagement of this company needs to be held accountable for thier actions. A lawsuit from the misrepresentation of the DSC Coin offering alone, will launch this 0 revenue company into an immediate bankruptcy.
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
SEC Suspension Warranted, Discovery Minerals Fraud Discovered.
When you understand the magnitude of this fraud, here is where you can file your complaint(s) against the management of Discovery Minerals, Ltd.
Wyoming Attorney General's office
https://ag.wyo.gov/
Securities & Exchange Commisison
https://www.sec.gov/
FIRST
How reckless is managment of Discovery Minerals, Ltd.
On December 15, 2021 files 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 of my DSC Coin. I want my DSC Coin that was represented by managment of Discovery Minerals, Ltd., on May 11,2021, to be backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of gold & 2,100 ouces of silver.
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
THIS LIABILITY is indefensible
Management is done, they have no play, no angle of escape, and no revenue to defend this from litigaiton.
A warranted lawsuit sends this deal straight to a bankruptcy court.
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 PERPUTUAL 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/315640/content
Page 22
Why is this a BIG DEAL
1. It proves management gave insider information out to a select Discovery Minerals, Ltd. shareholder.
Discovery Minerals Investorshub Post #105320 is a copied email from Discovery Minerals LTD.,
On October 8, 2021 to a "select non public group shareholders, Discovery Minerals LTD., communicated no public informaiton consisting in part of.
"...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 coin by misrepresenting 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 Discovery Mangements state of mind "scienter" to further conceal the DSC Coin sale, from mandatory financial disclosure.
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..."
Then purposely conceal this from the minority shareholders for more than 6 months in any mandatory public disclosure document.
*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
Upcoming DSC Coin Lawsuit
How cavilier is the managment of Discovery Minerals, Ltd. On December 15, 2021 files 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 ouces of silver.
Source
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
THIS IS TITANTIC HITTING THE ICEBERG LIABILITY
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/315640/content
Page 22
Why is this a BIG DEAL
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 it, then conceal 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
IRS SEC DoJ Proof of Embezzlement, Concealment, Fraud
Discovery of Fraud with 4 examples of management scienter. Insider trading, and fraudlent concealment.
Accumulated deficit $13,786,460 Working capital deficit of $713,117. $498,000 Total in Convertible debentures at a discount to bid with a 10 day look back.
Here is the due diligence you need to read before this 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/315640/content
Page 22
Why is this a BIG DEAL
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 off it by mirepresenting the assets supporting it by $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. 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 and concealed 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
Inadaquate Information and ADMISSION of Insider Trading
This company is a proffessional stock promotion campaign with 0 revenue and only method of financing being highly dillutive.
This is headed for a SEC Suspsension, any lawyer that signs off on this, is going to get sued.
Motive for omitting $2,538,000 in Cryptocurrency Coin Sales
Accumulated deficit $13,786,460
Working capital deficit of $713,117
$498,000 Total in Convertible debentures at a discount to bid with a 10 day look back.
he Company issued 600,000,000 shares of common stock upon conversion of $600,000 of the related party debt to Mr. Smith. As of September 30, 2021 Mr. Smith is owed the amount of $154,490
Primer #1 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143577
Primer #2
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143522
If you were looking for a motive of why Discovery Minerals, Ltd. would materally misrepresent the assets "backing" the DSC Coin, or conceal the DSC coin from happening for the last 6 months. Here is a good place to start with subpoeneas.
Page 20 & 21 Annual Report filed 12/15/2021 for period ending 9/30/2021 Discovery Minerals. LTD.
Source *1 https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
As shown in the accompanying financial statements, the Company has incurred recurring net losses from operations resulting in an
accumulated deficit of $13,786,460, cash of $58,406 and a working capital deficit of $713,117 as of September 30, 2021.
These factors
raise substantial doubt about the Company’s ability to continue as a going concern. Management is actively pursuing new ventures to increase revenues. In addition, the Company is currently seeking additional sources of capital to fund short term operations. Company, however, is dependent upon its ability to secure equity and/or debt financing and there are no assurances that the Company will be successful, therefore, without sufficient financing it would be unlikely for the Company to continue as a going concern.
The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to the Company’s ability to continue as a going concern. The financial statements also do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.
Note 3 – Related Party Transactions
The Company and Russell Smith, CEO and Director entered into a service agreement whereby Mr. Smith will provide office accommodations, telephone connections, computer time and space as well as maintain all files and corporate records for a quarterly fee of $37,500. During the year ended September 30, 2021, the Company issued 600,000,000 shares of common stock upon conversion of $600,000 of the related party debt to Mr. Smith. As of September 30, 2021 Mr. Smith is owed the amount of $154,490.
Note 4 – Convertible Notes Payable
On April 10, 2018 the Company issued a convertible promissory note to in the amount of $300,000. The note was due on April 10, 2019 and bears no interest. The loan may be converted into shares of the Company’s common stock at a rate of 95% multiplied by the lowest
trading price during the previous ten (10) day trading period ending on the latest complete trading day prior to the conversion date.
Pursuant to current accounting guidelines, the Company recorded a note discount of $300,000 to account for the note's derivative liability. In addition the Company recorded an amount of discount in excess if the note principal of $8,909 that was expensed as a
financing cost.
During the year ended September 30, 2021 the entire principal was converted into 60,000,000 shares of common stock.
During the year ended September 30, 2021 the Company issued net convertible promissory notes to in the amount of $198,000.
The notes are due twelve months from the issue date and bears interest at 1% per annum. The notes may be converted into shares of the Company’s common stock at a conversion price of $.001 per share.
Motive for omitting $2,538,000 in Cryptocurrency Coin Sales
Accumulated deficit $13,786,460
Working capital deficit of $713,117
Primer #1 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143577
Primer #2
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143522
If you were looking for a motive of why Discovery Minerals, Ltd. would materally misrepresent the assets "backing" the DSC Coin, or conceal the DSC coin from happening for the last 6 months. Here is a good place to start with subpoeneas.
Page 20 & 21 Annual Report filed 12/15/2021 for period ending 9/30/2021 Discovery Minerals. LTD.
Source *1 https://www.otcmarkets.com/otcapi/company/financial-report/315640/content
As shown in the accompanying financial statements, the Company has incurred recurring net losses from operations resulting in an
accumulated deficit of $13,786,460, cash of $58,406 and a working capital deficit of $713,117 as of September 30, 2021.
These factors
raise substantial doubt about the Company’s ability to continue as a going concern. Management is actively pursuing new ventures to
increase revenues. In addition, the Company is currently seeking additional sources of capital to fund short term operations. Company, however, is dependent upon its ability to secure equity and/or debt financing and there are no assurances that the Company
will be successful, therefore, without sufficient financing it would be unlikely for the Company to continue as a going concern.
The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to the Company’s
ability to continue as a going concern. The financial statements also do not include any adjustments relating to the recoverability and
classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be
unable to continue as a going concern.
Note 3 – Related Party Transactions
The Company and Russell Smith, CEO and Director entered into a service agreement whereby Mr. Smith will provide office
accommodations, telephone connections, computer time and space as well as maintain all files and corporate records for a quarterly fee
of $37,500. During the year ended September 30, 2021, the Company issued 600,000,000 shares of common stock upon conversion of
$600,000 of the related party debt to Mr. Smith. As of September 30, 2021 Mr. Smith is owed the amount of $154,490.
Note 4 – Convertible Notes Payable
On April 10, 2018 the Company issued a convertible promissory note to in the amount of $300,000. The note was due on April 10, 2019
and bears no interest. The loan may be converted into shares of the Company’s common stock at a rate of 95% multiplied by the lowest
trading price during the previous ten (10) day trading period ending on the latest complete trading day prior to the conversion date.
Pursuant to current accounting guidelines, the Company recorded a note discount of $300,000 to account for the note's derivative
liability. In addition the Company recorded an amount of discount in excess if the note principal of $8,909 that was expensed as a
financing cost. During the year ended September 30, 2021 the entire principal was converted into 60,000,000 shares of common stock.
During the year ended September 30, 2021 the Company issued net convertible promissory notes to in the amount of $198,000. The
notes are due twelve months from the issue date and bears interest at 1% per annum. The notes may be converted into shares of the
Company’s common stock at a conversion price of $.001 per share.
Annual Report Shows SEC Suspension Warranted to Protect Minority Shareholders
I never though managment of Discovery Minerals LTD., would file another report. In doing so they now have admited fraudlent concealment and insider trading.
Read as primer https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167143522
Summary
In the Discovery Minerals Annual report filed December 15, 2021 for period ending September 30, 2021.
This report shows that management for the last 6 months, purposly concealed disclosure of the DSC Coin Sale and results of it, to the public.
That is unless you were a select shareholder who on October 8, 2021 recieved a non public communication from management of Discovery Minerals, disclosing the status of the DSC Coin and other non public inside information about the status of Discovery Minerals Ltd.
Source *5
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Why the SEC needs to suspend Discovery Minerals LTD., for inadequate financial information.
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in
Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
Source *2a
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 8, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320
Source *5
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *1. https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
Source *2. https://discoverymineralscoin.com
Source *2a https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *3. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Source *4 https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold.
Off this material misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Discovery Minerals has 0 revenue and only $238,000 in assets.
Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *1
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
Source *3
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
Source *2a
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Supporting Research
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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, management of Discovery Mineral Ltd., purposely took down the DSC coin offering website.
https://discoverymineralscoin.com (website taken down by Discovery Minerals management
An archive of the DSC 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.
Does Discovery Minerals Annual Report Admit Fraud & Insider Trading?
Management 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/315640/content
Page 22
Why is this a BIG DEAL
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 managment'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.
3. 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. 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
*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
Does Discovery Minerals Annual Report Admit Fraud & Insider Trading?
Management 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/315640/content
Page 22
Why is this a BIG DEAL
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 managment'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.
3. 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. 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
*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
Proof of Concealment of Discovery Minerals LTD.
I wish to report fraud, I have never received any refund on my coin nor communication.
We are preparing a class action lawsuit on this fraudlent concealment. Which after 6 months the company actualyy now for the first time admits.
I have never received a refund and this is the FIRST TIME since May 11,2021 that Discovery Minerals admits that they have had actually sold a coin.
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..."
Remember that this company sold $2,538,000 is DSC Coins between the time period og May 11, 2021 and June 30,2021 as proven in the Etherscan report.
On August 18, 2021 Discovery Minerals LTD filed a report with OTC Markets and purposley omitted from disclosure the existient of this coin.
Here is the link
https://www.sec.gov/oiea/Complaint.html
We have attached what you can copy and paste in the complaint. Every allegation of wrongdoing has been checked, sourced and verified.
Copy and paste in your complaint to the SEC
I wish to have Ryan8 investigated for reporting on the fraud that the management of Discovery Minerals, LTD has been concealing.
Summary of Fraud Discovered
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in
Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 8, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *1
Source *2
Source *2a
Source *3
Source *4
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold.
Off this material misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
Discovery Minerals has 0 revenue and only $238,000 in assets.
Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *1
Source *3
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Supporting Research
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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 (website taken down by Discovery Minerals management
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. (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.
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/
It is time that these people were made accountable for their conduct.
SEC Suspension Warranted to Protect Minority Shareholders
Now that you have seen what the management of Discovery Minerals did you can file a SEC Complaint here
https://www.sec.gov/oiea/Complaint.html
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in
Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 8, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *1
Source *2
Source *2a
Source *3
Source *4
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold.
Off this material misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
Discovery Minerals has 0 revenue and only $238,000 in assets.
Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *1
Source *3
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Supporting Research
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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 (website taken down by Discovery Minerals management
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. (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.
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/
It is time that these people were made accountable for their conduct.
Due Diligence
USA vs Richardson 2:20-cr-00333 Eastern District of PA
Wait till you see how DSCR is related to a host of other deals. Research AIDC, FITX, IGRW, ANVV, NHEL. Assante Foods, Russell Smith, and Ricardo Richardson are common links here. IMHO
The criminal case against Ricardo Richardson is an eye opener. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyer, transfer agents, taking plea deals prior to June 25, 2021 trial.
Scott Watkins Plead Guilty- Sentencing is scheduled for 7/22/2022
Joel Stohlman Plead Guilty - Sentencing is scheduled for 7/22/2022
Looks like past CPA in this Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
I would expect to see Discovery Minerals Ltd suspended, then the confession and testimony of Scott Watkins and Joel Stohlman leading to a formal investigation, and hopefully a paneled Grand Jury.
Common thread worth noting is 429 Plumb Ave. Reno Nevada. The address where all these deals were birthed.
Good research here someone email Russell Smith and for the record please get his relationship with; Gary Wolff, Edward Heil, Fred Schiemann, Henry Manayan, Randy Hamden, Ricardo Richardson, Scott Watkins, Morgan Petitti & Joel Stohlman.
We are fininshing our report on this, and if any DSCR shareholders want to help sleauth, would be really appreciatied. Send PM
Common motive, easier to sell stock through message boards promotion, then to execute on business model. This is the foundation of the fraud we have become victims to.
These people rely on investors not doing any due dillignece and are vulturing people to invest using a coordinate "FOMO" campaign.
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/
It is time that these people were made accountable for their criminal activity.
This Company Will Never File Another Financial Report. To do so will expose management, to flat out criminality.
More Research Why Wont Discovery Minerals Diclose THIS
15 Weeks since 97% plummet, discovery of fraud
The FOMO (fear of missing out) on this board is a coordinted effort of paid mesage board promoters. It has been 14 weeks since DSCR, got moved to unsolicited quotes. This was the result of OTC markets delisting their stock due to inadeqate disclosures.
These inadequate disclosures that placed DCSR into this situation are by design to conceal management's role in embezzling $2,538,000 worth of a crypto currency it sold. Between May 11,2021 and June 30,2021 Discovery Minerals sold $2,538,000 worth of a minted coin it created called the Discovery Mineral Coin.
Road Map of Mangements Conscious Effort To Commit Fraud.
Here is the road map of what was discovered, reported on this board, and further concealed by the management of Discovery Minerals,LTD., a Wyoming Corporation.
First what is SCIENTER?
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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/
It is time that these people were made accountable for their conduct.
MORE RESEARCH
USA vs Richardson 2:20-cr-00333 Eastern District of PA
Wait till you see how DSCR is related to a host of other deals. Research AIDC, FITX, IGRW, ANVV, NHEL. Assante Foods, Russell Smith, and Ricardo Richardson are common links here. IMHO
The criminal case against Ricardo Richardson is an eye opener. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyer, transfer agents, taking plea deals prior to June 25, 2021 trial.
Scott Watkins Plead Guilty- Sentencing is scheduled for 7/22/2022
Joel Stohlman Plead Guilty - Sentencing is scheduled for 7/22/2022
Looks like past CPA in this Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
I would expect to see Discovery Minerals Ltd suspended, then the confession and testimony of Scott Watkins and Joel Stohlman leading to a formal investigation, and hopefully a paneled Grand Jury.
Common thread worth noting is 429 Plumb Ave. Reno Nevada. The address where all these deals were birthed.
Good research here someone email Russell Smith and for the record please get his relationship with; Gary Wolff, Edward Heil, Fred Schiemann, Henry Manayan, Randy Hamden, Ricardo Richardson, Scott Watkins, Morgan Petitti & Joel Stohlman.
We are fininshing our report on this, and if any DSCR shareholders want to help sleauth, would be really appreciatied. Send PM
Common motive, easier to sell stock through message boards promotion, then to execute on business model. This is the foundation of the fraud we have become victims to.
These people rely on investors not doing any due dillignece and are vulturing people to invest using a coordinate "FOMO" campaign.
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/
It is time that these people were made accountable for their criminal activity.
This Company Will Never File Another Financial Report. To do so will expose management, to flat out criminality.
More Research Why Wont Discovery Minerals Diclose THIS
15 Weeks since 97% plummet, discovery of fraud
The FOMO (fear of missing out) on this board is a coordinted effort of paid mesage board promoters. It has been 14 weeks since DSCR, got moved to unsolicited quotes. This was the result of OTC markets delisting their stock due to inadeqate disclosures.
These inadequate disclosures that placed DCSR into this situation are by design to conceal management's role in embezzling $2,538,000 worth of a crypto currency it sold. Between May 11,2021 and June 30,2021 Discovery Minerals sold $2,538,000 worth of a minted coin it created called the Discovery Mineral Coin.
Road Map of Mangements Conscious Effort To Commit Fraud.
Here is the road map of what was discovered, reported on this board, and further concealed by the management of Discovery Minerals,LTD., a Wyoming Corporation.
First what is SCIENTER?
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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/
It is time that these people were made accountable for their conduct.
Sell Volume 4,411,094 Buy Volume 957,749
The bus stops at 4:00 PM
Your Posts Speak Volumes
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
POST 105320
1. Hello, Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
2. DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
3. 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.
4. If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
5. If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
6. Thank you for your support. We appreciate all of our shareholders.
Best,
DSCR Team
Since this got relegated to expert market you have been pumping this stock for months
1. 12/13/2021 Yep”you know PINK CURRENT is coming also :)$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167103974
2. 11/19/2021 Penny’s coming $$$$$$$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167081823
3. 11/16/2021 Pennyland soon :)$$$$$$$$$$$$$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166971255
4. 11/11/2021 Solid copper $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166917330
5. 11/11/2021 Pennyland is right around the corner $$$$$$$$)$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166843290
6. 11/11/2021 Pennys soon !!$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166797187
7. 11/10/2021 Pink is coming. No doubts :)$$$$$$ folks want
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166741245
8. 11/06/2021 Pennyville soon :)$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166732150
9. 11/01/2021 Ready for pennyland!!$$$$$$ $:)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166720001
10. 10/29/2021 Pennyland for sure !! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166559695
11. 10/27/2021 PINK anytime. Holdingggggg$$$$$$$$$$$$$!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166526825
MORE RESEARCH
USA vs Richardson 2:20-cr-00333 Eastern District of PA
Wait till you see how DSCR is related to a host of other deals. Research AIDC, FITX, IGRW, ANVV, NHEL. Assante Foods, Russell Smith, and Ricardo Richardson are common links here. IMHO
The criminal case against Ricardo Richardson is an eye opener. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyer, transfer agents, taking plea deals prior to June 25, 2021 trial.
Scott Watkins Plead Guilty- Sentencing is scheduled for 7/22/2022
Joel Stohlman Plead Guilty - Sentencing is scheduled for 7/22/2022
Looks like past CPA in this Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
I would expect to see Discovery Minerals Ltd suspended, then the confession and testimony of Scott Watkins and Joel Stohlman leading to a formal investigation, and hopefully a paneled Grand Jury.
Common thread worth noting is 429 Plumb Ave. Reno Nevada. The address where all these deals were birthed.
Good research here someone email Russell Smith and for the record please get his relationship with; Gary Wolff, Edward Heil, Fred Schiemann, Henry Manayan, Randy Hamden, Ricardo Richardson, Scott Watkins, Morgan Petitti & Joel Stohlman.
We are fininshing our report on this, and if any DSCR shareholders want to help sleauth, would be really appreciatied. Send PM
Common motive, easier to sell stock through message boards promotion, then to execute on business model. This is the foundation of the fraud we have become victims to.
These people rely on investors not doing any due dillignece and are vulturing people to invest using a coordinate "FOMO" campaign.
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/
It is time that these people were made accountable for their criminal activity.
This Company Will Never File Another Financial Report. To do so will expose management, to flat out criminality.
More Research Why Wont Discovery Minerals Diclose THIS
15 Weeks since 97% plummet, discovery of fraud
The FOMO (fear of missing out) on this board is a coordinted effort of paid mesage board promoters. It has been 14 weeks since DSCR, got moved to unsolicited quotes. This was the result of OTC markets delisting their stock due to inadeqate disclosures.
These inadequate disclosures that placed DCSR into this situation are by design to conceal management's role in embezzling $2,538,000 worth of a crypto currency it sold. Between May 11,2021 and June 30,2021 Discovery Minerals sold $2,538,000 worth of a minted coin it created called the Discovery Mineral Coin.
Road Map of Mangements Conscious Effort To Commit Fraud.
Here is the road map of what was discovered, reported on this board, and further concealed by the management of Discovery Minerals,LTD., a Wyoming Corporation.
First what is SCIENTER?
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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/
It is time that these people were made accountable for their conduct.
17 Weeks and No Filings here is WHY
Now that you have seen what the management of Discovery Minerals did you can file a SEC Complaint here
https://www.sec.gov/oiea/Complaint.html
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 10, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *2
Source *2a
Source *3
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold. Off this materail misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
Discovery Minerals has 0 revenue and only $238,000 in assets. Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *4
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Spot On Post 107244 It shows all
Now that you have seen what the management of Discovery Minerals did you can file a SEC Complaint here
https://www.sec.gov/oiea/Complaint.html
Post 107244
Attention SEC, IRS, Roadmap for Discovery Minerals Investigation:
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 10, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *2
Source *2a
Source *3
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold. Off this materail misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
Discovery Minerals has 0 revenue and only $238,000 in assets. Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *4
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
SamTheTrader Your right Post 107244 shows it all
Glad you finally came around and saw the light.
Post 107244
Attention SEC, IRS, Roadmap for Discovery Minerals Investigation[/color:
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 10, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *2
Source *2a
Source *3
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold. Off this materail misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
Discovery Minerals has 0 revenue and only $238,000 in assets. Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *4
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Attention SEC, IRS, Roadmap for Discovery Minerals Investigation:
On May 11, 2021 Discovery Minerals Ltd.(DSCR), a Wyoming Corporation, caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website (evidence of wrong doing) at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in Source*3.
A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 10, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Source *5
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 Source *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
Source *2
Source *2a
Source *3
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold. Off this materail misrepresentation of assets backing the Discovery Minerals Coin, management sold $2,538,000 worth of DSC Coin.
Source *3
Discovery Minerals has 0 revenue and only $238,000 in assets. Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *4
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
OTCBB at Open 140,000 shares @ 0.00004 = Consistent Buying
Roadmap for investigation:
On May 11, 2021 Discovery Minerals Ltd., caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source *3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source *1
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 *4
On or about August 15, 2021 the management took down the website at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in *3 above. A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
Source *4
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 10, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Source *5
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
Summary
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 *3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
"...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 *5
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold. Off this misrepresentation of assets backing the coin Discovery Minerals Management sold $2,538,000 worth of DSC Coin.
Source *4
Discovery Minerals has 0 revenue and only $238,000 in assets. Source *4
This material misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source *4
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ Source *2a
* Sources
Source *1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
Source *2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
Source *2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
Source *3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
Source *4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Source *5 Investors Hub Post #105320 dated October 8, 2021 by Frez - communicating "Coin Refund" to a select group of shareholders, via Discovery Management violaton of Regulation FD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
Cliffnotes The Pending Suspension of Discovery Minerals Ltd.
1. 6,000,000,000 outstanding common shares
2. 0 Revenue
3. Fraud Discovered
4. Management concealment of fraud
5. Management conceals in mandatory filings
6. Manangement takes down site.
7. Management communicates to select shareholder about "Coin Refund"
8. Filings Deliquent
9. Selective Communication to select shareholders
10. 90% decline in share prices since discovered in September of 2021.
PROOF of DSCR Insider Trading and Insider Information
This board has information that the management of Discovery Minerals has decided (scienter) to withhold from the minority shareholders.
The results of witholding this adverse information from DSCR shareholders, has resulted in a 90% decline of the share price in DSCR since September, 2021.
This is also known as inside information and insider trading.
Let's see what we have as a select group of shareholders, that the investing minority shareholders of DSCR do not have.
NON PUBLIC INFORMATION
1. Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
2. Because the company lied to buyers of the DSC Coin about the assets backing it.
3. ACTUAL STATEMENT FROM Discovery Minerals LTD.
4. "...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..."
5.Source https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
8. Etherscan Proof of DSC Coins Sales https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
10. Archived website that the management of Discovery Mineral Ltd, purposely took down, to conceal the sale of $2,538,000 worth of DSC Tokens https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
11. Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
13. Page 22 of this report, has the SMOKING GUN, goto jail do not pass go. It shows Discovery Minerals Ltd. managment's state of mind in further concealing this fraud.
14. "...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..."
16. This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
17. Discovery Minerals LTD published public statement "...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..."
18. The assets backing the DSC Coin Offering NEVER EXISTED. Yet the company still lied in representation that the DSC Coin had in excess of $100,000,000 "backing the coin".
19. This is a lie that DSCR told DSC Coin buyers to get $2,538,000 in sales, and why they fraudlently concealed disclosure of the sales and revenue.
20. This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
21. This is why management of Discovery Minerals Ltd:
22. Took down the DSC Coin website.
23. Won't address this issue in public.
24. Why Discovery Minerals LTD is never filing another mandatory report again.".
25. Result - Discovery Minerals LTd.it is never getting current again.
26. All this information above (1-25) we have is non public information. Mangement of Discovery Minerals. Ltd., has made a conscious decision to further conceal this and continues to do so every day that they do not disclose this in a public disclosure.
All this reckless conduct, is at the detrement of the minorty shareholders.
This is why the SEC needs to step in and protect the minortiy shareholders of DSCR by suspending the trading of Discovery Mineral Ltd., under SEC Section 12(K).
Discovery Minerals, Ltd. Fraudlent Concealment
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.
References & Sources to research proving fraudlent condealment of Discovery Minerals, Ltd. include:
That DSC Coin sale, that all the shills on this board, say never happened. Well here is the proof proving that Discovery Minerals, Ltd, sold $2,538,000 between 5/11/2021 and 6/30/2021;
1. DSC Coin Sales Etherscan
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1 ;
2. Discovery Minerals, LTD. destroyed evidence of this by purposley taking down the website https://discoverymineralscoin.com website that sold $2,538,000 in DSC Coin.
2a. Archive of the Discoverymineralscoin.com site that management of DSCR purposley took down to conceal the slaes of $2,538,000
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ ;
3. Press Release 5/11/2021 on DSC Coin
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html ;
4. Filed OTC Report for Discovery Minerals Ltd. for period ending June 30, 2021, filed on August 16, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content .
Roadmap for investigation:
On May 11, 2021 Discovery Minerals Ltd., caused a national press release to be sent. In this press release Discovery Minerals announced the launch of the DSC coin. Source #3
In this release DSCR represented that the DSC coin was "backed" by more than $100,000,000 in assets. Off this representation Discovery Minerals sold between the time of 5/11/2021 and 6/30/2021, $2,538,000 in DSC coins.
Source #1
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 policy - 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.
On or about August 15, 2021 the management took down the website at https://discoverymineralscoin.com, This site was mentioned in the May 11, 2021 Discovery Minerals, Ltd., press release in #3 above. A web archive of the discovery mineral coin website for the May 17, 2021 is available at
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
On or about September 28, 2021 Discovery Minerals was relegated to the expert market. This OTC tier demotion caused an immediate 90%+ decline in the share price.
On October 10, 2021 in the Investors Hub message board for Discovery Minerals Ltd at
https://investorshub.advfn.com/Discovery-Minerals-Ltd-7600
A message board poster by the alias of Frez posted a communication that management sent to him in a private nonpublic communication referenced on Discovery Minerals Ltd., Investorshub message board Post 105320 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
"...Hello,
Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
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
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.
Best,DSCR Team..."
In this non-public communication management of Discovery Minerals sealed their fate by referencing the coin in the only communication since May 11, 2021 #3 when they sold $2,538,000 worth of DSC Coins and forgot to disclose it anywhere else.
"...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..."
So why would management of Discovery Minerals Ltd., consciously conceal the DSC Coin sale?
On May 11, 2021 in a press release Discovery Minerals stated that the DSC Coin was BACKED, by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Silver, and 2,100 ounces of Gold. Off this misrepresentation of assets backing the coin Discovery Minerals Management sold $2,538,000 worth of DSC Coin.
Discovery Minerals has 0 revenue and $238,000 in assets. Source #4 This misrepresentation of more than $100,000,000 in assets backing the DSC Coin allowed management of Discovery Minerals Ltd., the ability to sell $2,538,000 in DSC Coins between the period of May 11, 2021 and June 30, 2021.
Source #1
Archive of the Discoverymineralscoin.com site that management of DSCR concsioulsy took down
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/ Source #2a
More Due Diligence
ATTENTION OTC MARKETS Discovery Minerals Criminal Activity Discovered
Since you challenge me to prove this case, now I am going to do the same. Show me in public filings and official communication, where Discovery Minerals, disclosed ANYTHING about the DSC Coin offering, you can't.
This is why we filed a complaint with the SEC. What Discovery Minerals Ltd. has done is CRIMINAL. How do you factor in FRAUD in a valuation analysis.
Not one of you have provided evidence to prove a single allegation as false. LET THAT SINK IN The company has had 16 weeks to address this and hasn't. The results is the stock is down more than 90% since the fraud was discovered in September of 2021.
First the only mention of a coin sale by management in ANY communication, was on October 8, 2021. This was in a email to a shareholder, who copied the response from Discovery Minerals and pasted in post #105320*1
This was communicated to a select group of shareholders, in violation of Regulation FD. See post 107206.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167115653
Regulation FD refresher is here https://www.investor.gov/introduction-investing/investing-basics/glossary/fair-disclosure-regulation-fd
Since Discovery Minerals Ltd. filed its last report on August 16, 2021, it has filed 3 press releases
1. Discovery Minerals Update on Ruby Gold Mine Activities *2
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Update-on-Ruby-Gold-Mine-Activities?id=316988
2.Update from Discovery Minerals LTD. $DSCR *3
https://www.otcmarkets.com/stock/DSCR/news/Update-from-Discovery-Minerals-LTD-DSCR?id=322701
3. Discovery Minerals Activities & Operations Update for October 2021 *4 (Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
*1. Only time Discovery Minerals discloses that the Coin even exist after 5/11/2021 (press release date). Was on October 10, 2021 in a private email communication to a select group of shareholders.
"...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..."
Proof of this can be confirmed here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
*2. "NO COIN MENTION" Discovery Minerals Activities & Operations Update for October 2021 -(Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
LOS ANGELES, CA / ACCESSWIRE / November 2, 2021 / Discovery Minerals Ltd (OTC PINK:DSCR)
Discovery is pleased to report that the Ruby Gold Mine program is progressing and that Discovery is current with all Option payments.
Discovery has previously signed an LOI with mining property owners in Zambia which contains two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
A further Agreement is being negotiated with the same mining group in Zambia regarding a major civil works Project in a JV that will require large quantities of mined construction material and earth fill sourced from the previously secured tenements and some additional ground. This JV will be conducted through a USA corporation called Africa-American Resources Inc.
Additionally, Discovery is continuing to address the matter of the Company's trading status.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*3"NO COIN MENTION" Update from Discovery Minerals LTD. $DSCR
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*4 "NO COIN MENTION" Discovery Minerals Update on Ruby Gold Mine Activities (Relesased on August 18, 2021)
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
More researh
Attention SEC INSIDER TRADING Discovery Minerals Ltd.,
An open and shut example of insider trading can be found at Discovery Minerals Inverstorshub board, post #105320.https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
On or about October 10, 2021 a member of this message board received an email from management of DSCR, from that email they copied and pasted it to this message board. Here is what was said.
POST 15320 October 10, 2021
1. Hello, Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
2. DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
3. 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.
4. If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
5. If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
6. Thank you for your support. We appreciate all of our shareholders.
Best,
DSCR Team
PROOF OF NON PUBLIC INFORMATION
7. On August 16. 2021 Discovery Mierals LTd., filed a mandatory report witht he OTC Markets for period ending June 30, 2021. In this report the quarter that was covered was from the time March 31,2021 to June 30,2021.
7.1 Page 12 of mandatory report filed by Discovery Minerals, LTD. states that company has ZERO REVENUE----NADA not a DIME.
7.2 Page 16 of mandatory report filed by Discovery Minerals, LTD. states criteria that mangement used to book revenue. This revenue booking descripion included the DSC coin, which was omitted.
7.3 Page 22 of mandatory report filed by Discovery Minerals, LTD. states " Subsequent Events" in this section the management of Discovery Minerals omitted ANY MENTION OF THE DSC COIN
7.4 There is no mention of the DSC Coin, nor the $2,538,000 in DSC sales.
8. On May 11, 2021 Discovery Minerals Ltd., caused a national press release to be sent. In this nationally disceminated press release, they announce the launch of DSC Coin on the Ethereum Block chain.
9. In the press release managment states that the "DSC Coin is a tehtered coin "backed" by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of silver and 2,100 ounces of Gold (approximately $100,000,000).
10 DSCR built a website to sell the DSC coin at https://discoverymineralscoin.com, sold $2,538,000 of this coin, and then took the website offline to further conceal the sale of coins.
So up to Post 105320, the minority shareholders have been purposely kept in the dark that a "coin existed".
Management in this selective commuication violated Regulation FD. The SEC need to suspend this company before it harms any more minority shareholders.
ATTENTION OTC MARKETS Discovery Minerals Criminal Activity Discovered
Since you challenge me to prove this case, now I am going to do the same. Show me in public filings and official communication, where Discovery Minerals, disclosed ANYTHING about the DSC Coin offering, you can't.
This is why we filed a complaint with the SEC. What Discovery Minerals Ltd. has done is CRIMINAL. How do you factor in FRAUD in a valuation analysis.
Not one of you have provided evidence to prove a single allegation as false. LET THAT SINK IN The company has had 16 weeks to address this and hasn't. The results is the stock is down more than 90% since the fraud was discovered in September of 2021.
First the only mention of a coin sale by management in ANY communication, was on October 8, 2021. This was in a email to a shareholder, who copied the response from Discovery Minerals and pasted in post #105320*1
This was communicated to a select group of shareholders, in violation of Regulation FD. See post 107206.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167115653
Regulation FD refresher is here https://www.investor.gov/introduction-investing/investing-basics/glossary/fair-disclosure-regulation-fd
Since Discovery Minerals Ltd. filed its last report on August 16, 2021, it has filed 3 press releases
1. Discovery Minerals Update on Ruby Gold Mine Activities *2
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Update-on-Ruby-Gold-Mine-Activities?id=316988
2.Update from Discovery Minerals LTD. $DSCR *3
https://www.otcmarkets.com/stock/DSCR/news/Update-from-Discovery-Minerals-LTD-DSCR?id=322701
3. Discovery Minerals Activities & Operations Update for October 2021 *4 (Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
*1. Only time Discovery Minerals discloses that the Coin even exist after 5/11/2021 (press release date). Was on October 10, 2021 in a private email communication to a select group of shareholders.
"...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..."
Proof of this can be confirmed here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
*2. "NO COIN MENTION" Discovery Minerals Activities & Operations Update for October 2021 -(Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
LOS ANGELES, CA / ACCESSWIRE / November 2, 2021 / Discovery Minerals Ltd (OTC PINK:DSCR)
Discovery is pleased to report that the Ruby Gold Mine program is progressing and that Discovery is current with all Option payments.
Discovery has previously signed an LOI with mining property owners in Zambia which contains two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
A further Agreement is being negotiated with the same mining group in Zambia regarding a major civil works Project in a JV that will require large quantities of mined construction material and earth fill sourced from the previously secured tenements and some additional ground. This JV will be conducted through a USA corporation called Africa-American Resources Inc.
Additionally, Discovery is continuing to address the matter of the Company's trading status.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*3"NO COIN MENTION" Update from Discovery Minerals LTD. $DSCR
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*4 "NO COIN MENTION" Discovery Minerals Update on Ruby Gold Mine Activities (Relesased on August 18, 2021)
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
More researh
Attention SEC INSIDER TRADING Discovery Minerals Ltd.,
An open and shut example of insider trading can be found at Discovery Minerals Inverstorshub board, post #105320.https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
On or about October 10, 2021 a member of this message board received an email from management of DSCR, from that email they copied and pasted it to this message board. Here is what was said.
POST 15320 October 10, 2021
1. Hello, Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
2. DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
3. 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.
4. If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
5. If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
6. Thank you for your support. We appreciate all of our shareholders.
Best,
DSCR Team
PROOF OF NON PUBLIC INFORMATION
7. On August 16. 2021 Discovery Mierals LTd., filed a mandatory report witht he OTC Markets for period ending June 30, 2021. In this report the quarter that was covered was from the time March 31,2021 to June 30,2021.
7.1 Page 12 of mandatory report filed by Discovery Minerals, LTD. states that company has ZERO REVENUE----NADA not a DIME.
7.2 Page 16 of mandatory report filed by Discovery Minerals, LTD. states criteria that mangement used to book revenue. This revenue booking descripion included the DSC coin, which was omitted.
7.3 Page 22 of mandatory report filed by Discovery Minerals, LTD. states " Subsequent Events" in this section the management of Discovery Minerals omitted ANY MENTION OF THE DSC COIN
7.4 There is no mention of the DSC Coin, nor the $2,538,000 in DSC sales.
8. On May 11, 2021 Discovery Minerals Ltd., caused a national press release to be sent. In this nationally disceminated press release, they announce the launch of DSC Coin on the Ethereum Block chain.
9. In the press release managment states that the "DSC Coin is a tehtered coin "backed" by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of silver and 2,100 ounces of Gold (approximately $100,000,000).
10 DSCR built a website to sell the DSC coin at https://discoverymineralscoin.com, sold $2,538,000 of this coin, and then took the website offline to further conceal the sale of coins.
So up to Post 105320, the minority shareholders have been purposely kept in the dark that a "coin existed".
Management in this selective commuication violated Regulation FD. The SEC need to suspend this company before it harms any more minority shareholders.
USA vs Richardson 2:20-cr-00333 Eastern District of PA
Our interest is in the criminal case against Ricardo Richardson. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyer, transfer agents are in this deal as well.
THIS IS WHY WE ARE HERE. Were exposing all of it in a documentary for release on June 21, 2022.
Discovery Minerals was not our focus, just on our list. After WE saw how blatant the fraud was here, we decided to alert the board, teh SEC and the Wyoming Attorney General.
We have to do something, innocent people are losing hard earned money to this scam. I look at it as a burning building and trying my best to get people to safety.
You on the other hand are putting marsmallows on a stick and cooking them at the dumpster fire we call Discovery Minerals. Ltd.,
That is what motivates me, and evertything I have said I include sources and links. I would suggest taking an hour on a desktop and read the links.
You will see how blatant management was in embezzling the DSC coin.
There is no coming back from this act, on a scale of 1 10. With a 1 being a slap on the wrist to a 10 being a 10 year prison sentence. This is way past an 8 or the Holy Sh*t meter.
I expect to see this and about 30 other companies suspended by the SEC in about 10 days/2 weeks.
Once that happens we will send out a press release looking for a lead plaintiff for our lawsuit.
Prove 3,000,000 shares were purchased at $0.0016
You have just destroyed your credibility with this board you consitiently mislead this board, with your lies.
Latest Lie you have been caught red handed in POST 107217
Someone bought those 3 millions at 16 up fast
RESPONSE
POST 107225
Please point out that 3,000,000 sale at $0.0016, not seeing anything except alot of sells at 0.0015 good job on lying to the board.
You have just destroyed your credibility on this board, and have been caught red handed in a blatant lie. All to create a coordinated fear of missing out narative (FOMO).
Here are all the trades total volume 3,912,833 at 2:48:31 PM 12/14/2021
Date/Time Price Shares Exch/Mkt
12/14/2021 13:12:31 EST 0.0015 40000 OTCBB
12/14/2021 13:12:31 EST 0.0015 490200 OTCBB
12/14/2021 13:12:26 EST 0.0015 860000 OTCBB
12/14/2021 13:12:13 EST 0.0015 10000 OTCBB
12/14/2021 13:01:09 EST 0.0016 100000 OTCBB
12/14/2021 12:56:36 EST 0.0016 17000 OTCBB
12/14/2021 12:56:28 EST 0.0016 10000 OTCBB
12/14/2021 12:56:17 EST 0.0016 10000 OTCBB
12/14/2021 12:56:08 EST 0.0016 10000 OTCBB
12/14/2021 12:54:16 EST 0.0016 10000 OTCBB
12/14/2021 12:51:13 EST 0.0016 10000 OTCBB
12/14/2021 12:51:07 EST 0.0016 7500 OTCBB
12/14/2021 12:26:41 EST 0.0015 9000 OTCBB
12/14/2021 12:26:07 EST 0.0015 20000 OTCBB
12/14/2021 12:24:55 EST 0.0015 110800 OTCBB
12/14/2021 12:21:17 EST 0.0015 325833 OTCBB
12/14/2021 12:21:03 EST 0.0015 7500 OTCBB
12/14/2021 12:20:53 EST 0.0015 31600 OTCBB
12/14/2021 12:20:51 EST 0.0015 10000 OTCBB
12/14/2021 12:20:51 EST 0.0015 21342 OTCBB
12/14/2021 12:20:47 EST 0.0015 21600 OTCBB
12/14/2021 12:20:41 EST 0.0015 7258 OTCBB
12/14/2021 12:20:36 EST 0.0015 10000 OTCBB
12/14/2021 12:17:34 EST 0.0015 50000 OTCBB
12/14/2021 12:02:11 EST 0.0016 100 OTCBB
12/14/2021 11:41:23 EST 0.0015 6500 OTCBB
12/14/2021 11:36:40 EST 0.0015 290000 OTCBB
12/14/2021 11:36:24 EST 0.0015 10000 OTCBB
12/14/2021 11:25:10 EST 0.0016 10000 OTCBB
12/14/2021 11:23:09 EST 0.0016 12500 OTCBB
Reponse 107223
I will when IHUB trades shows me all the trades
Further POST 107221
"...There were just under 3 million shares on the ask then they were bought or sold cause the volume increased by appox the same amount..."
Starting to see the bigger picture of coordianted promoters, and all there lies
1. 12/13/2021 Yep”you know PINK CURRENT is coming also :)$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167103974
2. 11/19/2021 Penny’s coming $$$$$$$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167081823
3. 11/16/2021 Pennyland soon :)$$$$$$$$$$$$$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166971255
4. 11/11/2021 Solid copper $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166917330
5. 11/11/2021 Pennyland is right around the corner $$$$$$$$)$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166843290
6. 11/11/2021 Pennys soon !!$$$$$$$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166797187
7. 11/10/2021 Pink is coming. No doubts :)$$$$$$ folks want
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166741245
8. 11/06/2021 Pennyville soon :)$$$$$
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166732150
9. 11/01/2021 Ready for pennyland!!$$$$$$ $:)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166720001
10. 10/29/2021 Pennyland for sure !!https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166559695
11. 10/27/2021 PINK anytime. Holdingggggg$$$$$$$$$$$$$!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166526825
It is time to file a complaint, SEC and Attorney General of Wyoming are on notice. These people are doing some horrible things to the minority shareholders of this company.
My next communication is to my Congressman. This scam is getting shut down.
Furhter
Once Again Proven Wrong Criminal Activity Discovered
Since you challenge me to prove this case, now I am going to do the same. Show me in public filings and official communication, where Discovery Minerals, disclosed ANYTHING about the DSC Coin offering, you can't.
This is why we filed a complaint with the SEC. What Discovery Minerals Ltd. has done is CRIMINAL. How do you factor in FRAUD in a valuation analysis.
Not one of you have provided evidence to prove a single allegation as false. LET THAT SINK IN The company has had 16 weeks to address this and hasn't. The results is the stock is down more than 90% since the fraud was discovered in September of 2021.
First the only mention of a coin sale by management in ANY communication, was on October 8, 2021. This was in a email to a shareholder, who copied the response from Discovery Minerals and pasted in post #105320*1
This was communicated to a select group of shareholders, in violation of Regulation FD. See post 107206.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167115653
Regulation FD refresher is here https://www.investor.gov/introduction-investing/investing-basics/glossary/fair-disclosure-regulation-fd
Since Discovery Minerals Ltd. filed its last report on August 16, 2021, it has filed 3 press releases
1. Discovery Minerals Update on Ruby Gold Mine Activities *2
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Update-on-Ruby-Gold-Mine-Activities?id=316988
2.Update from Discovery Minerals LTD. $DSCR *3
https://www.otcmarkets.com/stock/DSCR/news/Update-from-Discovery-Minerals-LTD-DSCR?id=322701
3. Discovery Minerals Activities & Operations Update for October 2021 *4 (Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
*1. Only time Discovery Minerals discloses that the Coin even exist after 5/11/2021 (press release date). Was on October 10, 2021 in a private email communication to a select group of shareholders.
"...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..."
Proof of this can be confirmed here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
*2. "NO COIN MENTION" Discovery Minerals Activities & Operations Update for October 2021 -(Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
LOS ANGELES, CA / ACCESSWIRE / November 2, 2021 / Discovery Minerals Ltd (OTC PINK:DSCR)
Discovery is pleased to report that the Ruby Gold Mine program is progressing and that Discovery is current with all Option payments.
Discovery has previously signed an LOI with mining property owners in Zambia which contains two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
A further Agreement is being negotiated with the same mining group in Zambia regarding a major civil works Project in a JV that will require large quantities of mined construction material and earth fill sourced from the previously secured tenements and some additional ground. This JV will be conducted through a USA corporation called Africa-American Resources Inc.
Additionally, Discovery is continuing to address the matter of the Company's trading status.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*3"NO COIN MENTION Update from Discovery Minerals LTD. $DSCR
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*4 "NO COIN MENTION Discovery Minerals Update on Ruby Gold Mine Activities (Relesased on August 18, 2021)
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
More researh
Attention SEC INSIDER TRADING Discovery Minerals Ltd.,
An open and shut example of insider trading can be found at Discovery Minerals Inverstorshub board, post #105320.https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
On or about October 10, 2021 a member of this message board received an email from management of DSCR, from that email they copied and pasted it to this message board. Here is what was said.
POST 15320 October 10, 2021
1. Hello, Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
2. DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
3. 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.
4. If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
5. If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
6. Thank you for your support. We appreciate all of our shareholders.
Best,
DSCR Team
PROOF OF NON PUBLIC INFORMATION
7. On August 16. 2021 Discovery Mierals LTd., filed a mandatory report witht he OTC Markets for period ending June 30, 2021. In this report the quarter that was covered was from the time March 31,2021 to June 30,2021.
7.1 Page 12 of mandatory report filed by Discovery Minerals, LTD. states that company has ZERO REVENUE----NADA not a DIME.
7.2 Page 16 of mandatory report filed by Discovery Minerals, LTD. states criteria that mangement used to book revenue. This revenue booking descripion included the DSC coin, which was omitted.
7.3 Page 22 of mandatory report filed by Discovery Minerals, LTD. states " Subsequent Events" in this section the management of Discovery Minerals omitted ANY MENTION OF THE DSC COIN
7.4 There is no mention of the DSC Coin, nor the $2,538,000 in DSC sales.
8. On May 11, 2021 Discovery Minerals Ltd., caused a national press release to be sent. In this nationally disceminated press release, they announce the launch of DSC Coin on the Ethereum Block chain.
9. In the press release managment states that the "DSC COin is a tehtered coin "backed" by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of silver and 2,100 ounces of Gold (approximately $100,000,000).
10 DSCR built a website to sell the DSC coin at https://discoverymineralscoin.com, sold $2,538,000 of this coin, and then took the website offline to further conceal the sale of coins.
So up to Post 105320, the minority shareholders have been purposely kept in the dark that a "coin existed".
Management in this selective commuication violated Regulation FD. The SEC need to suspend this company before it harms any more minority shareholders.
I'm on the board to expose crimes witnessed
This company committed fraud. 16 weeks ago they had an opportunity to step up, disclose mistake and rehab company.
They chose a different path, which was to double, triple quadruple down on concealing the DSC Coin.
NEWS FLASH
This company is dead, the only reason you still think it is alive is because it has not started to stink yet.
You don't come back from this, I know I have sued NYSE and NASDAQ companies for the same BS.
Want to knpow how they survive. They hire lawyers and get in front of it with special independent investigations. They pay for this with REVENUE, which DSCR has 0 of.
Independent Investigations come from a self policing policy from a DoJ, called the "Thompson Memorandum" and it is a way public companies can clean up fraud when discovered.
Discovery Minerals has now blown that window of redemption.
If Discovery Minerals Ltd., ever files the can of worms they will open up will expose them to lawsuit and criminal investigations.
This is part of a bigger picture and focus of our documentary. How we got here is from a crimnal indictment out of Pennslyvania with the same cast of characters and MO.
Once you find the codex the fraud and conspiracies becomes the game.
Please point out that 3,000,000 sale at $0.0016, not seeing anything except alot of sells at 0.0015 good job on lying to the board.
You have just destroyed your credibility on this board, and have been caught red handed in a blatant lie. All to create a coordinated fear of missing out narative (FOMO).
Here are the trades total volume 3,902,833 at 1:12:31 PM 12/14/2021
Date/Time Price Shares Exch/Mkt
12/14/2021 13:12:31 EST 0.0015 40000 OTCBB
12/14/2021 13:12:31 EST 0.0015 490200 OTCBB
12/14/2021 13:12:26 EST 0.0015 860000 OTCBB
12/14/2021 13:12:13 EST 0.0015 10000 OTCBB
12/14/2021 13:01:09 EST 0.0016 100000 OTCBB
12/14/2021 12:56:36 EST 0.0016 17000 OTCBB
12/14/2021 12:56:28 EST 0.0016 10000 OTCBB
12/14/2021 12:56:17 EST 0.0016 10000 OTCBB
12/14/2021 12:56:08 EST 0.0016 10000 OTCBB
12/14/2021 12:54:16 EST 0.0016 10000 OTCBB
12/14/2021 12:51:13 EST 0.0016 10000 OTCBB
12/14/2021 12:51:07 EST 0.0016 7500 OTCBB
12/14/2021 12:26:41 EST 0.0015 9000 OTCBB
12/14/2021 12:26:07 EST 0.0015 20000 OTCBB
12/14/2021 12:24:55 EST 0.0015 110800 OTCBB
12/14/2021 12:21:17 EST 0.0015 325833 OTCBB
12/14/2021 12:21:03 EST 0.0015 7500 OTCBB
12/14/2021 12:20:53 EST 0.0015 31600 OTCBB
12/14/2021 12:20:51 EST 0.0015 10000 OTCBB
12/14/2021 12:20:51 EST 0.0015 21342 OTCBB
12/14/2021 12:20:47 EST 0.0015 21600 OTCBB
12/14/2021 12:20:41 EST 0.0015 7258 OTCBB
12/14/2021 12:20:36 EST 0.0015 10000 OTCBB
12/14/2021 12:17:34 EST 0.0015 50000 OTCBB
12/14/2021 12:02:11 EST 0.0016 100 OTCBB
12/14/2021 11:41:23 EST 0.0015 6500 OTCBB
12/14/2021 11:36:40 EST 0.0015 290000 OTCBB
12/14/2021 11:36:24 EST 0.0015 10000 OTCBB
12/14/2021 11:25:10 EST 0.0016 10000 OTCBB
12/14/2021 11:23:09 EST 0.0016 12500 OTCBB
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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 (website taken down by Discovery Minerals management
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. (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.
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/
It is time that these people were made accountable for their conduct.
Due Diligence
USA vs Richardson 2:20-cr-00333 Eastern District of PA
Wait till you see how DSCR is related to a host of other deals. Research AIDC, FITX, IGRW, ANVV, NHEL. Assante Foods, Russell Smith, and Ricardo Richardson are common links here. IMHO
The criminal case against Ricardo Richardson is an eye opener. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyer, transfer agents, taking plea deals prior to June 25, 2021 trial.
Scott Watkins Plead Guilty- Sentencing is scheduled for 7/22/2022
Joel Stohlman Plead Guilty - Sentencing is scheduled for 7/22/2022
Looks like past CPA in this Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
I would expect to see Discovery Minerals Ltd suspended, then the confession and testimony of Scott Watkins and Joel Stohlman leading to a formal investigation, and hopefully a paneled Grand Jury.
Common thread worth noting is 429 Plumb Ave. Reno Nevada. The address where all these deals were birthed.
Good research here someone email Russell Smith and for the record please get his relationship with; Gary Wolff, Edward Heil, Fred Schiemann, Henry Manayan, Randy Hamden, Ricardo Richardson, Scott Watkins, Morgan Petitti & Joel Stohlman.
We are fininshing our report on this, and if any DSCR shareholders want to help sleauth, would be really appreciatied. Send PM
Common motive, easier to sell stock through message boards promotion, then to execute on business model. This is the foundation of the fraud we have become victims to.
These people rely on investors not doing any due dillignece and are vulturing people to invest using a coordinate "FOMO" campaign.
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/
It is time that these people were made accountable for their criminal activity.
This Company Will Never File Another Financial Report. To do so will expose management, to flat out criminality.
More Research Why Wont Discovery Minerals Diclose THIS
15 Weeks since 97% plummet, discovery of fraud
The FOMO (fear of missing out) on this board is a coordinted effort of paid mesage board promoters. It has been 14 weeks since DSCR, got moved to unsolicited quotes. This was the result of OTC markets delisting their stock due to inadeqate disclosures.
These inadequate disclosures that placed DCSR into this situation are by design to conceal management's role in embezzling $2,538,000 worth of a crypto currency it sold. Between May 11,2021 and June 30,2021 Discovery Minerals sold $2,538,000 worth of a minted coin it created called the Discovery Mineral Coin.
Road Map of Mangements Conscious Effort To Commit Fraud.
Here is the road map of what was discovered, reported on this board, and further concealed by the management of Discovery Minerals,LTD., a Wyoming Corporation.
First what is SCIENTER?
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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/
It is time that these people were made accountable for their conduct.
Hold these people accountable for what they did.
What's in it for me - Justice the management and co conspirators all belong in prison. My motivation is to uncover the fraud and report it.
Here is a good start for understanding our motivations.
USA vs Richardson 2:20-cr-00333 Eastern District of PA
The criminal case against Ricardo Richardson is an eye opener. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyers, transfer agents.
Update
Scott Watkins Plead Guilty- Sentencing is scheduled for 7/22/2022
Joel Stohlman Plead Guilty - Sentencing is scheduled for 7/22/2022
Looks like past CPA in this Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.
https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment
I would expect to see Discovery Minerals Ltd suspended, then the confession and testimony of Scott Watkins and Joel Stohlman leading to a formal investigation, and hopefully a paneled Grand Jury.
Common thread worth noting is 429 Plumb Lane. Reno Nevada. The address where all these deals were birthed.
Good research here someone email Russell Smith and for the record please get his relationship with; Gary Wolff, Edward Heil, Fred Schiemann, Henry Manayan, Randy Hamden, Ricardo Richardson, Scott Watkins, Morgan Petitti & Joel Stohlman.
Common motive, easier to sell stock through message boards promotion, then to execute on business model. This is the foundation of the fraud we have become victims to. These people rely on investors not doing any due dillignece and are vulturing people to invest using a coordinate "FOMO" campaign.
When you have had enough the SEC has a one page website to lodge a complaint.
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/
It is time that these people were made accountable for their criminal activity.
This Company Will Never File Another Financial Report. To do so will expose management, to flat out criminality.
More Research Why Wont Discovery Minerals Diclose THIS
15 Weeks since 97% plummet, discovery of fraud
The FOMO (fear of missing out) on this board is a coordinted effort of paid mesage board promoters. It has been 14 weeks since DSCR, got moved to unsolicited quotes. This was the result of OTC markets delisting their stock due to inadeqate disclosures.
These inadequate disclosures that placed DCSR into this situation are by design to conceal management's role in embezzling $2,538,000 worth of a crypto currency it sold. Between May 11,2021 and June 30,2021 Discovery Minerals sold $2,538,000 worth of a minted coin it created called the Discovery Mineral Coin.
Road Map of Mangements Conscious Effort To Commit Fraud.
Here is the road map of what was discovered, reported on this board, and further concealed by the management of Discovery Minerals,LTD., a Wyoming Corporation.
First what is SCIENTER?
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.
What are the elements of scienter that management of Discovery Minerals Ltd. committed.
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/
It is time that these people were made accountable for their conduct.
Discovery Minerals will file in Neveruary.
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.
Discovery Minerals Will Never File Another Report
If they do, they will expose themselves to "being on the record" to the fraud we uncovered.
OTC is current with no more backlog, stop lying to this board.
The company is not current nor will it ever be until management discloses the DSC Coin.
They cant because they lied on what was backing it. They embezzled $2,538,000 in Coin sales, based on a a representaiton that the coin was BACKED by 2,100 Ethereum, 2,100 Bitcoin, 2,100 Ounces of Gold, & 2,100 Ounces of Silver.
Not going anywhere until managment addresses this
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/
How do you explain this to the SEC and not get investigated for fraud.
Want proof - https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
16 Weeks management of Discovery Minerls, LTD. had an opportunity to communicate this error. Instead they chose to further conceal this in violation of criminal law.
Once Again Proven Wrong Criminal Activity Discovered
Since you challenge me to prove this case, now I am going to do the same. Show me in public filings and official communication, where Discovery Minerals, disclosed ANYTHING about the DSC Coin offering, you can't.
This is why we filed a complaint with the SEC. What Discovery Minerals Ltd. has done is CRIMINAL. How do you factor in FRAUD in a valuation analysis.
Not one of you have provided evidence to prove a single allegation as false. LET THAT SINK IN The company has had 16 weeks to address this and hasn't. The results is the stock is down more than 90% since the fraud was discovered in September of 2021.
First the only mention of a coin sale by management in ANY communication, was on October 8, 2021. This was in a email to a shareholder, who copied the response from Discovery Minerals and pasted in post #105320*1
This was communicated to a select group of shareholders, in violation of Regulation FD. See post 107206.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167115653
Regulation FD refresher is here https://www.investor.gov/introduction-investing/investing-basics/glossary/fair-disclosure-regulation-fd
Since Discovery Minerals Ltd. filed its last report on August 16, 2021, it has filed 3 press releases
1. Discovery Minerals Update on Ruby Gold Mine Activities *2
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Update-on-Ruby-Gold-Mine-Activities?id=316988
2.Update from Discovery Minerals LTD. $DSCR *3
https://www.otcmarkets.com/stock/DSCR/news/Update-from-Discovery-Minerals-LTD-DSCR?id=322701
3. Discovery Minerals Activities & Operations Update for October 2021 *4 (Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
*1. Only time Discovery Minerals discloses that the Coin even exist after 5/11/2021 (press release date). Was on October 10, 2021 in a private email communication to a select group of shareholders.
"...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..."
Proof of this can be confirmed here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
*2. "NO COIN MENTION" Discovery Minerals Activities & Operations Update for October 2021 -(Released November 2, 2021)
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-Activities--Operations-Update-for-October-2021?id=328496
LOS ANGELES, CA / ACCESSWIRE / November 2, 2021 / Discovery Minerals Ltd (OTC PINK:DSCR)
Discovery is pleased to report that the Ruby Gold Mine program is progressing and that Discovery is current with all Option payments.
Discovery has previously signed an LOI with mining property owners in Zambia which contains two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
A further Agreement is being negotiated with the same mining group in Zambia regarding a major civil works Project in a JV that will require large quantities of mined construction material and earth fill sourced from the previously secured tenements and some additional ground. This JV will be conducted through a USA corporation called Africa-American Resources Inc.
Additionally, Discovery is continuing to address the matter of the Company's trading status.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*3"NO COIN MENTION Update from Discovery Minerals LTD. $DSCR
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
*4 "NO COIN MENTION Discovery Minerals Update on Ruby Gold Mine Activities (Relesased on August 18, 2021)
Discovery has signed an LOI with a property in Zambia with the owners, containing two gold ore bodies and some copper and cobalt occurrences. This agreement is subject to a full due diligence review of the properties. Ongoing negotiations are currently being carried out as to the final details. Discovery will be the Operators of these mining operations. The gold mines have been declared as having reserves in accordance with two Australian JORC Reports.
Additionally, Discovery would like to apologize for any error or miscommunication regarding PINK status on OTC Markets. We have addressed this issue and have submitted all updated information required today. Verified and PINK status will be up and running soon.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Discovery Minerals Ltd.
+1 (310) 607-8252
Admin@discoveryminerals.com
SOURCE: Discovery Minerals Ltd.
More researh
Attention SEC INSIDER TRADING Discovery Minerals Ltd.,
An open and shut example of insider trading can be found at Discovery Minerals Inverstorshub board, post #105320.https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166284768
On or about October 10, 2021 a member of this message board received an email from management of DSCR, from that email they copied and pasted it to this message board. Here is what was said.
POST 15320 October 10, 2021
1. Hello, Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
2. DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
3. 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.
4. If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
5. If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
6. Thank you for your support. We appreciate all of our shareholders.
Best,
DSCR Team
PROOF OF NON PUBLIC INFORMATION
7. On August 16. 2021 Discovery Mierals LTd., filed a mandatory report witht he OTC Markets for period ending June 30, 2021. In this report the quarter that was covered was from the time March 31,2021 to June 30,2021.
7.1 Page 12 of mandatory report filed by Discovery Minerals, LTD. states that company has ZERO REVENUE----NADA not a DIME.
7.2 Page 16 of mandatory report filed by Discovery Minerals, LTD. states criteria that mangement used to book revenue. This revenue booking descripion included the DSC coin, which was omitted.
7.3 Page 22 of mandatory report filed by Discovery Minerals, LTD. states " Subsequent Events" in this section the management of Discovery Minerals omitted ANY MENTION OF THE DSC COIN
7.4 There is no mention of the DSC Coin, nor the $2,538,000 in DSC sales.
8. On May 11, 2021 Discovery Minerals Ltd., caused a national press release to be sent. In this nationally disceminated press release, they announce the launch of DSC Coin on the Ethereum Block chain.
9. In the press release managment states that the "DSC COin is a tehtered coin "backed" by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of silver and 2,100 ounces of Gold (approximately $100,000,000).
10 DSCR built a website to sell the DSC coin at https://discoverymineralscoin.com, sold $2,538,000 of this coin, and then took the website offline to further conceal the sale of coins.
So up to Post 105320, the minority shareholders have been purposely kept in the dark that a "coin existed".
Management in this selective commuication violated Regulation FD. The SEC need to suspend this company before it harms any more minority shareholders.