Django of Securities Fraud
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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.
This is getting suspended
Complaint filed SEC (check)
Complaint to be filed Wyoming AG Office (waiting on notary)
I actually agree with what you said about risk and estabilished companies. Good analogy, and this is the second time I threw you a compliment.
Where we disagree, is I dont make money off people's suffering, which Discovery Minerals Ltd., did, and continures to do.
I have been suing public companies for 30 years. OTC, NYSE, NASDAQ, long list of companies. In all my years I have never seen a more blatant coverup .
They created a DSC Coin (an unregistered integrated offering), misrepresented what was backing the coin by 100,000,000. Used this misrepresentation to sell $2,538,000 worth of coins, and went on a mission to conceal this from the minority shareholders.
Blatant and stupid
1. They cocealed/hid this in ALL disclosure documents.
2. Took down website
3. Company status communication to select shareholder, in violation fo Regulation FD.
The SEC is going to get to this, and when they do this will be suspended for inadequate financial information under Section 12(k), a catch all for this type of conduct.
If you read some of the SEC suspensions, you will see the conduct they target. Overlaying this on top of what we discovered, gives us the confidence to make the statemetn that this will get suspended by the SEC. Not a question of IF but WHEN.
https://www.sec.gov/litigation/suspensions.htm
When you understand how these people are hurting the minority shareholders you can file a complaint with the SEC here
https://www.sec.gov/litigation/suspensions.htm
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.
Cliffnotes The Pending Suspension of Discovery Minerals Ltd.
1. 6,000,000,000 outstanding common shares
2. 0 Revenue
3. Fraud Discovered
3.a.Management concealment of fraud
3.b.Management conceals in mandatory filings
3.c.Manangement takes down site.
3.d.Management communicates to select shareholder about "Coin Refund"
4. Filings Deliquent
5. Selective Communication to select shareholders
6. 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).
Breakdown of Discovery Minerals Insider Trading Scheme
Most people think inside information is holding information of something of benefit, like an upcoming merger. Ever since the passage of REG FD during the Enron scandal, insider trading includes managment consciously not disclosing material information that is detremental to the company's share price.
In other terms if Managment disclosed the discrepancies we discovered, what effect would it have on DSCR. The understanding that it would, and the decision of management to NOT DISCLOSE this is the same as managment telling a friend about an upcoming gmerger.
Source: https://www.sec.gov/rules/final/33-7881.htm
Fraudulent Concealment & Why DSCR is going to be sued for securities fraud
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.
An open and shut example of insider trading can be found at Discovery Minerals Inverstorshub board, post #105320.
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
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.
DSCR is concealing the fact it omitted $2,538,000 in DSC Coin sales. Until that is covered in a disclosure document, this stock is never getting out of unsolicitied quotes.
To admit that error in a mandatory disclosure document would come int eh fomr of restating the June 30, 2021 quarterly statement filed with the OTC Markets.
If they don't its criminal, known as fraudlent concealment, the highest form of a material omission.
If they do, they are going to get the SH*T sued out of them. They will put up a bread and butter defense pleaseing a 12(b) 6 motion to dismiss under the PSLRA.
That is where the lesson on scienter comes in. See when management decided to double down then triple down and then removed teh DSC web site. Well that triangualtes that managemetn had knowledge of and took action to furhter conceal.
In legal terms, this company is in litigation fo rthe next 10 years. With 0 revenue, and the stellar track record of competence, this stock is overpriced, until the discrepancies are disclosed.
Attention IRS, SEC, DoJ, Criminal Activity Discovered
Discovery Mineral Ltd., a Wyoming corporation is commitng a series of fraudlent concealments, to hide more than $2,538,000 that was embezzled by the management of DSCR.
On May 11, 2021 Discovery Minerals, Ltd. sent a press release to be nationally diseminated. This press release mada a false representation stating that the DSC Coin would be a "Tethered coin" stating that the DSC Coin offering would be backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of siler and 2,100 of gold.*1
This misrepresentaiton / fraudlent inducement was used to sell more than $2,538,000 in DSC Coin to investors.
Upon managment realizing the statemetn to sell these coins was untrue, managment along with its co conspirators devised a method of hiding the DSC coin from shareholders including:
1. Omission of revenue from coin sales; *2
2. Denial from management that the coin sale happened;*3
3. Management physically deleted the DSC Coin SALES Website;
4. Management's refusal to give explanation of what happened with the DSC coin sale, in ANY public disclosure document.
Discovery Minerals Ltd., came on our radar screen through the crimnal indictment and upcoming trial of Ricardo Richardson.
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.
Breaking it Down Simple
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:*1.
Omission 1. The reporting of zero revenue;
(Page 12 of *1)
Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin sale;
(Page 16 of *2)
Omission 3 Subsequent Events section, omitting that the DSC Coin offering existed.
(Page 22 of *3)
*1 Source: https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
SPAM Email from Discovery Minerals Admits Coin Sale
POST 105320 on Inverstorshub Discovery Minerals, Ltd. Message Board
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
More Inside Information
The story is coming into focus now.
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
Your the 76's Fan in the Video
It explains everthing, AI is a MOFO
DSCR is deliquent in the restatement of financials and disclosures for period ending 6/30/2021, the discrepancies we have identified
Until they explain the coin offering, nothing is happening to this company. It has been 16 weeks since this happened and according to the DSCR select shareholder email sent on October 10, 2021. Mnagement aknowledge the coin and was going to issue a refund.
No mention of COIN in any filings, $2,538,000 in sales and management concealed this. Until this is explained, status will never improve.
Every day DSCR refuse to comply the minority shateholder suffer. Can you say class action lawsuit. This company is dead on arrival, and need to be shut down for the sake of protecting minority shareholders from this outlined and sourced fraud.
Just because you don't understand it, does not mean that the company did not commit fraud.
When DSCR files Mandatory Reports 16 Weeks Past DUE
and explains the DSC Coin discrepancy in a public disclosure document. Until that happens I am going to scream from the rooftops the fraud that is being perpetrated by the managmeent of Discovery Minerals Ltd.
Every Day that Discovery Minerals, Ltd. refuses to address these obvious question, the stock and minority shareholders suffer.
So instead of attacking me, lets ask the Management of DSCR the following
6 Billion Outstanding x Zero $ Revenue = 0
More Non Public Inside Information on Discovery Minerals Ltd.
This board has information that the mangment 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.
Let's see what we have as a select group of shareholders, that the investing minority shareholders of DSCR do not have.
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..."
Source of LIE
5. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
6. Discovery Minerals LTD Press Release Dated May 11,2021
7. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
8. Etherscan Proof of DSC Coins Sales totaling $2,538,000
9. 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.
12. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
13. Page 22 of this 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.
15. 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..."
THIS IS THE NAIL IN THE COFFIN and why the SEC is ging to suspend this copany for inadequate financil information.
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.".
Proof of Insider Trading & Coin Embezzlement DSCR
Below in red is the post that management of Discovery Minerals, Ltd. sent to a group of select shareholders. In this communication DSCR talks about "refund of a coin" that has never been disclosed in any current financial disclosure.
POST 105320 on Inverstorshub Discovery Minerals, Ltd. Message Board
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
12:12-21:12:12+09
Getting Suspended Public Service Announcement Discovery Minerals
Cliffnotes of the pending Suspension fo DSCR
1. 6,000,000,000 outstanding common shares
2. 0 Revenue
3. Fraud Discovered
3.a.Management concealment of fraud
3.b.Management conceals in mandatory filings
3.c.Manangement takes down site.
3.d.Management communicates to select shareholder about "Coin Refund"
4. Filings Deliquent
5. Selective Communication to select shareholders
6. 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 of LIE 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).
MARK MY WORDS
DSCR is getting suspended, can you say Wyoming Attorney General.
That is the problem when you commit fraud at a state level, pretending you are exempt at the Federal. All those Rule 27A Safe Harbos only apply to 12 (g) filers, which you are not.
More Inside Information
The story is coming into focus now.
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
Suspended
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.
Further Proof of Discovery Management Insider Trading Scheme
"...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[/color]
Public Service Announcement
Discovery Minerals FRAUD OUTLINE
PROOF of DSCR Insider Trading and Insider Information
This Investorshub 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..."
HOLY SH*Tcan't be any dumber.
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).
Public Service Announcement Discovery Minerals FRAUD OUTLINE
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 of LIE 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).
FRAUD DISCOVERED 16 Weeks No Answer from Discovery Minerals
PROOF of DSCR Insider Trading and Insider Information
This board has information that the mangment 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 of LIE 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).
Mind Numbing Idiocy
This company got caught in the act of comitting multiple criminal acts. The only rocks this is seeing is the one where the share price, hits the floor and bounces. Like we are seeing now.
End of week prediction - Suspended Likely - $0.00001 Bid taking bets.
PROOF of DSCR Insider Trading and Insider Information
More Non Public Inside Information on Discovery Minerals Ltd.
Cliffnotes: Discovery Minerals Ltd.
6 Billion Outstanding x Zero $ Revenue = 0 + Fraud = Suspension, Lawsuits, and Investigation.
Detailed with sources and analysis
This board has information that the mangment 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 of LIE 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 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 taht 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)
PROOF of DSCR Insider Trading and Insider Information
Discovery Minerals Ltd.
6 Billion Outstanding x Zero $ Revenue = 0
More Non Public Inside Information on Discovery Minerals Ltd.
This board has information that the mangment 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 of LIE 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 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 taht 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)
Attention IRS, SEC, DoJ, Criminal Activity Found DSCR 12121212:09-21
Discovery Mineral Ltd., a Wyoming corporation is commitng a series of fraudlent concealments, to hide more than $2,538,000 that was embezzled by the management of DSCR
On May 11, 2021 Discovery Minerals, Ltd. sent a press release to be nationally diseminated. This press release mada a false representation stating that the DSC Coin would be a "Tethered coin" stating that the DSC Coin offering would be backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of siler and 2,100 of gold.*1
This misrepresentaiton / fraudlent inducement was used to sell more than $2,538,000 in DSC Coin to investors.
Upon managment realizing the statemetn to sell these coins was untrue, managment along with its co conspirators devised a method of hiding the DSC coin from shareholders including:
1. Omission of revenue from coin sales; *2
2. Denial from management that the coin sale happened;*3
3. Management physically deleted the DSC Coin SALES Website;
4. Management's refusal to give explanation of what happened with the DSC coin sale, in ANY public disclosure document.
Discovery Minerals Ltd., came on our radar screen through the crimnal indictment and upcoming trial of Ricardo Richardson.
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.
Negative Opinions vs Facts
This board is infested with paid Discovery Minerals, ltd., stock promoters. The results DSCR is committing securities fraud. When the SEC gets to it, this company is going to be suspended, the managemnt investigated and hopefully some indictments.
Management straight out lied, represented that DSC coin had $100,000,000 in assets "...backing the coin..."
When management of Discovery Minerals Ltd., got caught in this lie they made the conscious decision with scienter to further conceal their theft of $2,538,000 in DSC Coin sales.
Discovery Minerals, LTd., reckless behavior has breached criminality. For our non litigative audience, lets review the three tiers of non disclosure that the criminal justice system prosecutes:
1. Non Disclosure - The act, forgot to tell shareholders you got a DUI. The result a slap on wrist usually a fine.
2. Material Omission - The act forget to tell shareholders of $2,538,000 in revenue, especailly in light that you dont have any. The results(SEC Suspension - Management Bar 5 years from serving. Felony or misdemeanor depends on how overt and mood of prosecutor.
3. Fraudlent Concealment - Management of DSCR Omits the DSC Coin sale from "Subsequent Events" reporting section, and simultanouusly takes down the website selling the DSC Coin.
Four separate events taking management conscious decision to double down 4 times, in order to further conceal the fraudlent concealment of the DSC Coin. The results suspension, grand jury, shareholder derivative lawsuits, indictments, prison.
4. On September 28, 2021 Discovery Minerals, Ltd. due to management negligence in refusing to address 1-3 above, was placed on the expert market, as a "shell risk". The results is the Discovery Minerals, Ltd., still has not disclosed the discrepancies in furtherance of concealment of the DSC Coin Sale, and the minority shareholder have lost more than 90% of their investment.
5. What the members of this board knows about Discovery Minerals, Ltd. that other minority shareholders do not, due to Management's decision to conceal what was discovered includes:
A. Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
B. Because the company lied to buyers of the DSC Coin about the assets backing it.
C. ACTUAL STATEMENT FROM Discovery Minerals LTD.
D. "...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..."
E. Source https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
F. Discovery Minerals LTD Press Release Dated May 11,2021 https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
G. Etherscan Proof of DSC Coins Sale https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
H. 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/
I. Discovery Minerals LTD, OTC Mandatory Report for period ending June 30, 2021, Filed on August 16, 2021. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
J. Page 22 of this 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.
K. "...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..."
L. This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
M. 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..."
N. 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".
O. 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.
P. This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
Q. This is why management of Discovery Minerals Ltd:
R. Took down the DSC Coin website.
S. Won't address this issue in public.
T. Why Discovery Minerals LTD is never filing another mandatory report again.".
U. Result Discovery Minerals LTd.it is never getting current again.
V. This information we have is non public information that the mangement of Discovery Minerals. Ltd., has made a conscious decision to further conceal. All at the detrement of the minorty shareholders.
6 Billion Outstanding x Zero $ Revenue = 0
More Non Public Inside Information on Discovery Minerals Ltd.
This board has information that the mangment 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.
Let's see what we have as a select group of shareholders, that the investing minority shareholders of DSCR do not have.
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..."
Source of LIE
5. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
6. Discovery Minerals LTD Press Release Dated May 11,2021
7. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
8. Etherscan Proof of DSC Coins Sales totaling $2,538,000
9. 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.
12. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
13. Page 22 of this 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.
15. 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..."
THIS IS THE NAIL IN THE COFFIN and why the SEC is ging to suspend this copany for inadequate financil information.
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. This information we have is non public information that the mangement of Discovery Minerals. Ltd., has made a conscious decision to further conceal. All at the detrement of the minorty shareholders.
More Non Public Inside Information on Discovery Minerals Ltd.
This board has information that the mangment 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.
Let's see what we have as a select group of shareholders, that the investing minority shareholders of DSCR do not have.
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..."
Source of LIE
5. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
6. Discovery Minerals LTD Press Release Dated May 11,2021
7. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
8. Etherscan Proof of DSC Coins Sales totaling $2,538,000
9. 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.
12. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
13. Page 22 of this 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.
15. 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..."
THIS IS THE NAIL IN THE COFFIN and why the SEC is ging to suspend this copany for inadequate financil information.
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. This information we have is non public information that the mangement of Discovery Minerals. Ltd., has made a conscious decision to further conceal. All at the detrement of the minorty shareholders.
Due Diligence of Discovery Minerals Ltd.
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.
Attention IRS, SEC, DoJ, Criminal Activity Found
Discovery Mineral Ltd., a Wyoming corporation is commitng a series of fraudlent concealments, to hide more than $2,538,000 that was embezzled by the management of DSCR
On May 11, 2021 Discovery Minerals, Ltd. sent a press release to be nationally diseminated. This press release mada a false representation stating that the DSC Coin would be a "Tethered coin" stating that the DSC Coin offering would be backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of siler and 2,100 of gold.*1
This misrepresentaiton / fraudlent inducement was used to sell more than $2,538,000 in DSC Coin to investors.
Upon managment realizing the statemetn to sell these coins was untrue, managment along with its co conspirators devised a method of hiding the DSC coin from shareholders including:
1. Omission of revenue from coin sales; *2
2. Denial from management that the coin sale happened;*3
3. Management physically deleted the DSC Coin SALES Website;
4. Management's refusal to give explanation of what happened with the DSC coin sale, in ANY public disclosure document.
Discovery Minerals Ltd., came on our radar screen through the crimnal indictment and upcoming trial of Ricardo Richardson.
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.
The Ricardo Richardson criminal trial & DSCR
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.
Love all this inside information on Discovery Minerals
This board has information that the mangment 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.
Let's see what we have as a select group of shareholders, that the investing minority shareholders of DSCR do not have.
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..."
Source of LIE
5. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
6. Discovery Minerals LTD Press Release Dated May 11,2021
7. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
8. Etherscan Proof of DSC Coins Sales totaling $2,538,000
9. 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.
12. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
13. Page 22 of this 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.
15. 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..."
THIS IS THE NAIL IN THE COFFIN and why the SEC is ging to suspend this copany for inadequate financil information.
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. This information we have is non public information that the mangement of Discovery Minerals. Ltd., has made a conscious decision to further conceal. All at the detrement of the minorty shareholders.
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.
Released 8/21/2021 not today, this is being emailed
https://microcapdaily.com/discovery-minerals-ltd-otcmkts-dscr-major-comeback-as-its-historic-ruby-mining-claim-discovery-minerals-coin-move-forward/
Proves the fraud, especailly in the backlight of the website being taken down my management and the coin not being "tethered" to more than $100,000,000 in assets.
This is over the top
34 Answers for Pennymover
1. Discovery Mineral Wyoming filings
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
2. Wyoming Attorney General's Office ( to file a criminal complaint)
https://attorneygeneral.wyo.gov/home
3. SEC to file a Complaint
https://www.sec.gov/oiea/Complaint.html
4. The SEC absoultely regulates crypto, ask XRP (Ripple). This is a naive statement, compound that with the fact you don't know where Discovery Minerals is even incorporated. You might want to sit the next quarter on the bench.
The SEC absolutely regulates an Issuer, especially when lies are made to shareholders. Section 10(b)5 is a good place to start your research.
5. SEC complaint filed Wyoming Attorney General next
6. People need to goto jail over this. What has been discovered is so over the top. Like a bad movie, if it wasn't so damaging (stealing money from innocent people), this would be comical.
7. DSC COIN + Fraudlent Assets = Material Concealment
8. Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
9. Because the company lied to buyers of the DSC Coin about the assets backing it.
10. ACTUAL STATEMENT FROM Discovery Minerals LTD.
11. "...The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."
Source of LIE
12. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
13. Discovery Minerals LTD Press Release Dated May 11,2021
14. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
15. Etherscan Proof of DSC Coins Sales totaling $2,538,000
16. https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
17. 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/
18. Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
19. https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
20. Page 22 of this 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.
21. "...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.
22. 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..."
THIS IS THE NAIL IN THE COFFIN and why the SEC is ging to suspend this copany for inadequate financil information.
23. This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
24.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..."
25. 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".
26. 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.
27. This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
28. This is why management of Discovery Minerals Ltd:
29. Took down the DSC Coin website.
30. Won't address this issue in public.
31. Why Discovery Minerals LTD is never filing another mandatory report again "at the advice of new counsel".
32. Result Discovery Minerals LTd.it is never getting current again.
33. This is why the SEC will suspend this company.
34. This is why the US Attorney's office needs to conveine a grand jury and start issuing some indictments for this conduct. This scam is coordinated, organized and effective. The results is thousands of shareholders have had their money stolen by a bunch of security fraudsters
Exactly Why Discovery Mineral Won't Disclose This
Do you think if a Discovery Minerals Ltd. put out a press press release discloing what was discovered, it would have a positive impact on the price of the shares?
"Discovery Mineral Ltd., reported today the conclusion of an internal investigaiton and discovered discrepancies of X,Y,Z. In order to maintian the integerity of our financial statments we are restating our financials, and reimbursing the $2,538,000 in DSC Coin Sales.
They had the opportunity to address this 15 weeks ago, they decided not to, and double down. The results is what we are seeing.
DSCR Management comitted fraud, this factored into any valuation equation comes back $0.00.
On that filed report with link
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Please find where the DSC coin is refrenced, we could not find.
Here is the highlights of the report link you sent:
Omission 1. The reporting of zero revenue;
Page 12
Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin sale;
Page 16
Omission 3 Subsequent Events section, omitting that the DSC Coin offering existed.
Page 22
Appreciate you pointing this out for the board.
Misrepresented $100,000,000 Assets, To Sell $2,538,000 in Coins.
Simple coloring book connect the dots here. Discovery Minerals Ltd. Created a wholly owned subsidiary called Discovery Minerals Coin.
Creates a Token, closes a deal with a payment processor and sells 1,200,000+ DSC tokens between May 11, 2021 and June 30,2021.
On the June 30, 2021 mandatory report Discovery Minerals, LTd. omits 3 times disclosure of DSC Coin. Then goes as far as taking the Https://discoverymineralscoin.com website down.
Why would management goto to such great lengths as to conceal this from the minority shareholders of Discovery Mineral Ltd?
The answer is that Discovery Mineral lied to Coin buyers and represented that the coin was backed by 2,100 Ethereum, 2,100 Bitcoin, 2,100 Ounces of Gold and 2,100 Ounces of Silver. To report this in mandatory filings would expose management to the fraud they told DSC Coin buyers.
To make matters worse, managment decided to conceal this mistake when identified and refuses to correct teh public disclosure document to relfect adequate financial information about Discovery Minerals, Ltd.
Every day that management refuses to address this the minority shareholders suffer.
Since September 27, 2021 this is down more than 90% & is the exact conduct that the SEC has suspended companies in the past for doing.
Further Due Diligence
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/
Attention Market Maker Compliance Inadaquate Information Discovery Minerals
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.
Epicenter of Discovery Minerals Criminal Conduct
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.
That 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.
Attached below, are the last 10 years of SEC Suspenions. I highly suggest you read some of these, random no problem. What you are looking for is the pattern of conduct that the SEC has in the past suspended.
This conduct that Discovery Minerals. LTD. got caught doing and STILL REFUSES to address in a public disclosure document, is the exact conduct the SEC suspends, citing Rule 12(k) inadequate financial information.
Not a question of if, only a matter of when Discovery Minerals gets suspended by the SEC for inadequate financial information.
SEC Suspensions 2012 to 2021
1. SEC Suspensions 2021
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2021.htm
2. SEC Suspensions 2020
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2020.htm
3. SEC Suspensions 2019
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2019.htm
4. SEC Suspensions 2018
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2018.htm
5. SEC Suspensions 2017
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2017.htm
6. SEC Suspensions 2016
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2016.htm
7. SEC Suspensions 2015
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2015.htm
8. SEC Suspensions 2014
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2014.htm
9. SEC Suspensions 2013
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2013.htm
10. SEC Suspensions 2012
https://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2012.htm
WAKE UP
The SEC is going to SUSPEND this company. They purposley (scienter) concealed the the DCS Coin sale on financials (3 times) and took down the coin website.
This has been documented here, to the detrement of minority shareholders. The SEC going to see this and act, do you really think your risk tolerance has been factored in.
They got caught with there hand in the cookie jar, this is going nowhere except a SEC Suspension. 15 weeks Discovery Minerals Ltd. was confronted with this problem. 15 weeks MM have been trading off this non public information to the detrement of shareholders.
The actions taken by Discovery raise even more questions, then they have ability to answer.
Criminal 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/