Django of Securities Fraud
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Down 98% due to the incompentency of management. Every day that Discovery Management Refuses to address the issued discovered, the minority shareholders suffer.
DIscovery Minerals Ltd., was down more than 40% today, when it was at $0.0005. Every day the volume dries up, Market Makers scalp the volatility and shareholders see their investment dwindle more than 97% in 14 weeks.
14 Weeks management of Discovery Minerals, Ltd. have known of these issues, and 14 weeks later they have done absolutely nothing to address the hole in the boat which is sinking this ship.
The market has figured this out and they will ride this every day down, creating volitality and picking off the vlaue of this company until it has no Bid and an Ask at $.00001.
At current extimates this should happen by 2nd week in January, if the SEC does not suspend this sooner.
Last this company has been caught lying and embezzling $2,538,0000, you don't walk away from this. How this is not factored in any conversation on this board, make me question the bias here.
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
1/100th Penny Coming
Still too rich of a valuation for a company:
1. Committing securities fraud;
2. 0 revenue;
3. more than 6,000,000,000 (billion) in the float.
The SEC suspension of Discovery Minerals Ltd.
14 Weeks since 98.2% plummet, due to discovery of fraud
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 98.2% 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.
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/
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/
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/
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/
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/
14 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.
Road Map of Scienter
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.
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.
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.
Down 97% since September, here is why.
Assets backing the Discovery Minerals LTD. DSC Coin Offering NEVER EXISTED, this was to the tune of a $100,000,000+ material mis representation.
Yet the company still represented that the DSC Coin had in excess of $100,000,000 "backing the coin" This is a lie that DSCR told DSC Coin buyers to get $2,538,000 in sales, and why they had to conceal the sales and revenue from mandatory financial reports, which is what Discovery Minerals Ltd. did.
Discovery Minerals LTD. (5/11/2021) Press Release
"...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 https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
The Conspiracy to conceal this fraudlent DSC Coin offering has been triangulated via puposeful material omissions by Discovery Minerals Ltd.*1
Omission 1. The reporting of zero revenue
(Page 11 of *1)
Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin Sale
(Page 16 of *1)
Omission 3 In the Subsequent Events section, omitting that the DSC Coin Offering ever happened.
(Page 22 of *1)
These 3 omission above filed in unison on the same mandatory report*1, against the backdrop of a deleted DSC Coin offering website*2, and proof that DSC Coin sales happened*3. All this paints a picture that a formal investigation and trading suspension is warranted, and needed, in order to protect the minority shareholders of Discovery Minerals Ltd.,from further harm.
*1 OTC Mandatory Report Discovery Minerals LTD. filed 8/16/2021 for period ending 6/30/2021
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*2 Discovery Minerals Coin offering website (taken down)
https://discoverymineralscoin.com
*2 (archived) Discovery Minerals Coin offering website
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
*3 Etherscan.io showing the 129 holders of DSC Coin and the $2,538,000, which was omitted by Discovery Minerals LTD. Management in the mandatory filed report with the OTC Markets on 8/16/2021.
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#balances
This shows an ongoing conspiracy among the management of Discovery Minerals to conceal this DSC Coin sale from disclosure to the minority shareholders.
The results of the material concealment from management, is that the market has triangulated this prior to the investing minority public. This explains why the stock is down more than 94% since September.
Management of Discovery Minerals Ltd, were aware of the DSC misrepresentation and made a conscious decision to conceal this from the minority shareholders of Discovery Minerals Ltd., all in violation of Federal Law.
MORE DUE DILLIGENCE
USA vs Richardson 2:20-cr-00333 Eastern District of PA
Research AIDC, FITX, IGRW, ANVV, NHEL.
Assante Foods, Russell Smith, and Ricardo Richardson are common links here.
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 one of the past CPA's in Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.
What does that mean for Justine Blankenship& Morgan Petitti ---Stay Tuned
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 sleuth PM me. One of our team members will respond within 12 hours.
The common motive, with all of these companies, was they found it 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 coordinated "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 conduct.
Assets backing the DSC Coin NEVER EXISTED.
Yet the company still represented that the DSC Coin had in excess of $100,000,000 "backing the coin" This is a lie that DSCR told DSC Coin buyers to get $2,538,000 in sales, and why they had to conceal the sales and revenue from mandatory financial reports, which is what Discovery Minerals Ltd. did.
Discovery Minerals LTD. (5/11/2021) Press Release
"...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 https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
The Conspiracy to conceal this fraudlent DSC Coin offering has been triangulated via puposeful material omissions by Discovery Minerals Ltd.*1
Omission 1. The reporting of zero revenue (Page 11 of *1)
Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin Sale
(Page 16 of *1)
Omission 3 In the Subsequent Events section, omitting that the DSC Coin Offering ever happened.
(Page 22 of *1)
These 3 in unison in one report*1, against the backdrop of a deleted DSC Coin offering website*2, and proof that DSC Coin sales happened*3. Paints a picture that a formal investigation and trading suspension is warranted, and needed, in order to protect the minority shareholders of Discovery Minerals Ltd.,from further harm.
*1 OTC Mandatory Report Discovery Minerals LTD. filed 8/16/2021 for period ending 6/30/2021
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*2 Discovery Minerals Coin offering website (taken down)
https://discoverymineralscoin.com
*2 (archived) Discovery Minerals Coin offering website
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/
*3 Etherscan.io showing the 129 holders of DSC Coin and the $2,538,000, which was omitted by Discovery Minerals LTD. Management in the mandatory filed report with the OTC Markets on 8/16/2021.
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#balances
This shows an ongoing conspiracy among the management of Discovery Minerals to conceal this DSC Coin sale from disclosure to the minority shareholders.
The results of the material concealment from management, is that the market has triangulated this prior to the investing minority public. This explains why the stock is down more than 94% since September.
Management of Discovery Minerals Ltd, were aware of the DSC misrepresentation and made a conscious decision to conceal this from the minority shareholders of Discovery Minerals Ltd., all in violation of Federal Law.
This is textbook scienter, and should be the example taught in law schoold to demonstrate this comlpex legal subject. Scienter is the critical nexus to survive a 12(b) 6 motion to dismiss under the Private Securities Litigation Reform Act of 1995. Meaning this is a shareholder lawsuit that will see a jury.
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.
Why DSCR is down 94% since September
This is getting suspended, the conduct that management has been getting away with, is going to catch up to them. Do you want to be holding any shares when the music stops on this.
I have personally filed a complaint to the SEC and the Wyoming Attorney General's office on this. What has been discovered has been reported, it is now not a question of IF the SEC will suspend, rather a question of WHEN
Discovery got caught in a lie, and until they report it, the market is hammering them for their utter negligence.
All to the detrement of the minority shareholders, all due to DSCR refusal to report what was discovered and FIX.
1. DSC COIN + Fraudlent Assets = Material Concealment
2. Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
3. Because the company lied to buyers of the DSC Coin about the assets backing it.
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" 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.
4. ACTUAL BROADCASTED PUBLICLY MADE STATEMENT FROM Discovery Minerals LTD.
"...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 https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
This company is going nowhere, and I would say the probability of an SEC suspension off this is high. I have seen the SEC suspend better companies than Discovery Minerals LTF., for doing a lot less of the BS that has been discovered, and discussed on this board.
Reporters Notes for Upcoming Article on DSCR Omissions
1. DSC COIN + Fraudlent Assets = Material Concealment
2. Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
3. Because the company lied to buyers of the DSC Coin about the assets backing it.
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" 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.
4. ACTUAL BROADCASTED PUBLICLY MADE STATEMENT FROM Discovery Minerals LTD.
"...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. PROOF OF SCIENTER "...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 STATEMENT ABOVE, IS THE NAIL IN THE COFFIN and why the SEC should suspend this company for inadequate financial information, embezzlement, and securities fraud.
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..."
19. 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" 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).
22. This is why management of Discovery Minerals Ltd:
21. Took down the DSC Coin website.
22. Won't address this issue in public.
23. Why Discovery Minerals LTD is never filing another mandatory report again.
24. Result Discovery Minerals LTd.it is never getting current again.
25. This is why the SEC will suspend this company.
26. This is why the US Attorney's office needs to conveine a grand jury and start issuing some indictments for this conduct.
27. This scam is coordinated, organized and effective. The results is thousands of shareholders have had their money stolen by a bunch of security fraudsters.
28. When you finally reailize you have been a victim of Discovery Minerals Ltd Security Fraud you can file an SEC complaint here https://www.sec.gov/oiea/Complaint.html
&
https://attorneygeneral.wyo.gov/
IMPORTANT READ - WHY DSCR is GETTING SUSPENDED
I would not want to be holding shares over the weekend in this, here is why?
Discovery Minerals Lts, represented that they had $100,000,000+ in assets backing DSC Coin. That fraudlent inducement was used to sell $2,538,000 worth of DSC Coins. Management, when they discovered the lie, made a fatal 3 part concealment of this fraud which together proves management scienter, and will be the death of Discovery Minerals Ltd.
The scienter to conceal this transaction, in violation of US Federal and Wyoming State law includes:
Part 1 of Concealment
Management disclosed 0 revenue *1;
Part 2 of Concealment
Management disclosed method of booking revenue, which is consistent with the booking of the DSC COIN sale *2;
Part 3 of Concealment
In the Subsequent Events section, management denies that the DSC COIN sale ever existed *3.
This is 3 strikes and your out. Management via their utter incompetence, has given us the confession of the criminal acticvvity, via forensic accounting.
This is going nowhere, except suspension and litigation.
*1 Page 11 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*2 Page 16 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*3 Page 22 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
MORE RESEARCH WHEN YOU HAVE ENOUGH OF THE LIES
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
1. Discovery Mineral Wyoming filings
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
2. Wyoming Attorney General's Office (to file a 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).
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 STATEMENT ABOVE, IS THE NAIL IN THE COFFIN and why the SEC is going to suspend this company for inadequate financial 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.
Why Management of Discovery Minerals Should Be Indicted
Evidence suggest management of DSCR committed some serious crimes here and need to be held accountable. SEC will suspend this turd, under inadequate financial information, once they get the OK from administrative law judge IMHO.
3 Paragraphs that explains Discovery Minerals Ltd Fraud
Discovery Minerals Lts, represented that they had $100,000,000+ in assets backing DSC Coin. That fraudlent inducement was used to sell $2,538,000 worth of DSC Coins. Management, when they discovered the lie, made a fatal 3 part concealment of this fraud which together proves management scienter, and will be the death of Discovery Minerals Ltd.
The scienter to conceal this transaction, in violation of US Federal and Wyoming State law includes:
Part 1 of Concealment -
Management disclosed 0 revenue *1;
Part 2 of Concealment -
Management disclosed method of booking revenue, which is consistent with the booking of the DSC COIN sale *2;
Part 3 of Concealment -
In the Subsequent Events section, management denies that the DSC COIN sale ever existed *3.
This is 3 strikes and your out. Scienter is really hard to prove but management via their utter incompetence, has given us the confession via forensic accounting.
This is going nowhere, except SEC suspension, litigation, and hopefully a Grand Jury.
*1 Page 11 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*2 Page 16 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*3 Page 22 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
MORE RESEARCH WHEN YOU HAVE ENOUGH OF THE LIES
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
1. Discovery Mineral Wyoming filings
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
2. Wyoming Attorney General's Office (to file a 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).
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 going to suspend this company for inadequate financial 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
13 Weeks no answer but you know when
Either this is a lie or your commuicating to this board non public information from the issuer to the board in violation of Regulation FD.
File a criminal complaint against Discovery Minerals HERE
YOUR BS ON THIS BOARD IS BEING CALLED OUT
When you are ready to see justice, file a complaint with the SEC Here. https://www.sec.gov/oiea/Complaint.html &
a criminal complaint with the Wyoming Attorney General here https://attorneygeneral.wyo.gov/home
In the 30 years I have been suing fraudlent publicly traded companies, I have never seen such utter stupidity of management.
Here is important information you can add to the complaint.
1. Who thought it was a good idea to create the DSC COIN?
2. Who thouth it was a good idea to represent the DSC Coin had 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Gold and 2,100 ounces of Silver "backing the coin"?
3. Who thought it was a good idea to conceal the $2,538,000 in DSC Coin Sales from mandatory OTC disclosures for period ending 6/30/2021?
4. Who thought it was a good idea to take down the DSC Coin sale website?
Here is our research that you can cut past, elaborate and edit for your SEC and Wyoming Attorney General complaint that you file.
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
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 going to suspend this company for inadequate financial 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
3 Paragraphs that explains Discovery Minerals Ltd Fraud
Discovery Minerals Lts, represented that they had $100,000,000+ in assets backing DSC Coin. That fraudlent inducement was used to sell $2,538,000 worth of DSC Coins. Management, when they discovered the lie, made a fatal 3 part concealment of this fraud which together proves management scienter, and will be the death of Discovery Minerals Ltd.
The scienter to conceal this transaction, in violation of US Federal and Wyoming State law includes:
Part 1 of Concealment Management disclosed 0 revenue *1;
Part 2 of Concealment Management disclosed method of booking revenue, which is consistent with the booking of the DSC COIN sale *2;
Part 3 of Concealment In the Subsequent Events section, management denies that the DSC COIN sale ever existed *3.
This is 3 strikes and your out. Scienter is really hard to prove but management via their utter incompetence, has given us the confession via forensic accounting.
This is going nowhere, except suspensions and litigation. Powerball is next Wednesday and Saturday
*1 Page 11 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*2 Page 16 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*3 Page 22 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
MORE RESEARCH WHEN YOU HAVE ENOUGH OF THE LIES
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
1. Discovery Mineral Wyoming filings
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
2. Wyoming Attorney General's Office (to file a 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).
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 going to suspend this company for inadequate financial 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
34 Questions + 13 Weeks = SEC Suspension
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
1. Discovery Mineral Wyoming filings
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=110028154016030013238250196054172072183198118054
2. Wyoming Attorney General's Office (to file a 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).
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
[color=red]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 going to suspend this company for inadequate financial information.
[/color]
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
[color=red][/color]
3 Paragraphs that explains Discovery Minerals Ltd Fraud
Discovery Minerals Lts, represented that they had $100,000,000+ in assets backing DSC Coin. That fraudlent inducement was used to sell $2,538,000 worth of DSC Coins. Management, when they discovered the lie, made a fatal 3 part concealment of this fraud which together proves management scienter, and will be the death of Discovery Minerals Ltd.
The scienter to conceal this transaction, in violation of US Federal and Wyoming State law includes:
Part 1 of Concealment Management disclosed 0 revenue *1;
Part 2 of Concealment Management disclosed method of booking revenue, which is consistent with the booking of the DSC COIN sale *2;
Part 3 of Concealment In the Subsequent Events section, management denies that the DSC COIN sale ever existed *3.
This is 3 strikes and your out. Scienter is really hard to prove but management via their utter incompetence, has given us the confession via forensic accounting.
This is going nowhere, except suspensions and litigation. Powerball is next Wednesday and Saturday
*1 Page 11 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*2 Page 16 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
*3 Page 22 of https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
(A) x Fraud = 0
Thank God you don't teach finance for a living.
https://www.otcmarkets.com/stock/DSCR/security
Share Structure Market Cap Market Cap 8,925,496
Authorized Shares 10,000,000,000
Outstanding Shares 7,437,913,081
Restricted 2,247,871,578
Unrestricted 5,190,041,503
Held at DTC 4,500,682,435
Now looking at this, how does a company with a $8,925,496 Market Cap back a DSC coin with 2,100 Ethereum, 2,100 Bitcoin, $2,100 ounces of Silver and $2,100 ounces of Gold.
This representation is a $100,000,000 fraudlent inducment. This was leveraged to produce $2,538,000 in DSC COIN sales.
When management realized they sold $2,500,000 worth of of a Coin under false pretenses, they doubled down on denying it happened.
They took down the website, they concealed the sales from their mandatory financial reports, and management went as far as denying its existience by ommiting it in "Subsequent Events" reporting section of the 6/30/2021 DSCR OTCC report (page 22).
Until the managemet of DSCR publicly discloses this discrepancy, the SEC needs to suspend this from trading.
This is a really big issue, minority shareholder have lost 93% of their investment since September and management has been crickets for 12 weeks.
Waiting for your 1 line snarky answer.
Everyone has been lied to for so long
Blau93 appreciate your research on the 10 last busted JV's with Discovery.
I initally discovered this company from a criminal indictment of some of same players coming out of the Eastern District of PA.
Same CPA's. Lawyers, undiclosed control people, stock promoters, transfer agents etc...
As with the string of all the other companies, these are all Story Stocks, meaning no funadamentals or revenue in DSCR Case.
Just stories, this is how they sell to maintain operations. More of a creative writing class than a business. That is where the shills come in via messages rumors and so called "special access to the CEO". In a legal context we call this an inducement.
All they have is a story they weave, they get people caught up in the excitement. Unfortunatley there is no substance and thus no shareholder value. Only stories and promises from message board posters.
Companies like Discovery Minerals LTD have found it easier to print stock certificates, and sell them them through high presure events of FOMO (Penny anyday) BS.
People are so conditioned that it is easier to beleive the lie, then dealing with the hangover of the truth.
We are producing a documentary, and in it we have 45 companies and about 200 people we have identified. Our goal is to create this as a election issue for midterms so we can get some policy changes.
This company flat out lied and committed fraud, everyone around this deal, promoters, control people, management, they all need to be in a court room answering for their actions.
I am hoping some innocent people see our conversations and start doing independent due dilligence. I don't want ot see innocent unknowing shareholders get caught in this upcoming car wreck.
Waking up to find a company you are heavily invested in suspended by the SEC is devastating. Part of why I am doing this (the big part) is to protect the minoirty shareholders from losing thier money via this channel.
What you and I discuss freely on this board in UNKNOWN to the general investing public. The company refusing to address these issues publcilt, is exaclty why it will get suspended.
File a criminal complaint against Discovery Minerals HERE
YOUR BS ON THIS BOARD IS BEING CALLED OUT
When you are ready to see justice, file a complaint with the SEC Here. https://www.sec.gov/oiea/Complaint.html &
a criminal complaint with the Wyoming Attorney General here https://attorneygeneral.wyo.gov/home
In the 30 years I have been suing fraudlent publicly traded companies, I have never seen such utter stupidity of management.
Here is important information you can add to the complaint.
1. Who thought it was a good idea to create the DSC COIN?
2. Who thouth it was a good idea to represent the DSC Coin had 2,100 Ethereum, 2,100 Bitcoin, 2,100 ounces of Gold and 2,100 ounces of Silver "backing the coin"?
3. Who thought it was a good idea to conceal the $2,538,000 in DSC Coin Sales from mandatory OTC disclosures for period ending 6/30/2021?
4. Who thought it was a good idea to take down the DSC Coin sale website?
Here is our research that you can cut past, elaborate and edit for your SEC and Wyoming Attorney General complaint that you file.
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
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 going to suspend this company for inadequate financial 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
$100,000,000 in FRAUDLENT Assets Backing the DSC COIN
Why would a company sell $2,500,000 worth of a DSC coin and not report the revenue from this. Because they lied to buyers of the DSC Coin about the assets backing it.
The company represents it has $100,000,000 in assets, "backing the DSC COin" and at the same time 0 in revenue.
ACTUAL STATEMENT FROM DSCR.
"...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
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
When you are ready to see justice, file a complaint.
https://www.sec.gov/oiea/Complaint.html
The management and co conspirators carrying this scam need to be indicted adn held accountable.
THIS IS OVER THE TOP
In the 211 Did the Discovery Minerals Disclose This
DSC COIN + Fraudlent Assets = Material Concealment
Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
Because the company lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM Discovery Minerals LTD.
"...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
Discovery Minerals LTD Press Release Dated May 11,2021
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
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/
Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
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.
"...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..."
THIS IS THE FINAL NAIL IN THE COFFIN and why the SEC is going to suspend this company for inadequate financial 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". 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.
This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
This is why management of Discovery Minerals Ltd:
Took down the DSC Coin website.
Won't address this issue in public.
Result Discovery Minerals LTd.it is never getting current again.
This is why the SEC will suspend this company.
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
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
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
Suspension Coming 34 Bullet Points with links
34 Reasons why the SEC is gong to suspend Discovery Minerals, Ltd under Section 12(k) for inedaquate financial information.
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
Discover Minerals Ltd is a Wyoming Corp.
Maybe if you learned how to do due diligence, you wouldn't seem so stupid.
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. 3. SEC to file a Complaint
https://www.sec.gov/oiea/Complaint.html
Law Enforcement Links, When You Want Justice
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
SEC complaint filed Wyoming Attorney General next
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.
DSC COIN + Fraudlent Assets = Material Concealment
Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
Because the company lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM Discovery Minerals LTD.
"...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
1. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Discovery Minerals LTD Press Release Dated May 11,2021
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
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/
Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
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.
"...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..."
This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
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.
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".
This is a lie that DSCR told to get $2,538,000 in sales, and why they fraudlently concealed disclosure of the sales and revenue.
This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
This is why management of Discovery Minerals Ltd:
1.Took down the DSC Coin website.
2. Won't address this issue in public.
3. Why Discovery Minerals LTD is never filing another mandatory report again "at the advice of new counsel".
Result Discovery Minerals LTd.it is never getting current again.
4. This is why the SEC will suspend this company.
5. 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
BLATANT criminal activity, management needs to be indicted
People need to goto jail over this
DSC COIN + Fraudlent Assets = Material Concealment
Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
Because the company lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM Discovery Minerals LTD.
"...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
1. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Discovery Minerals LTD Press Release Dated May 11,2021
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
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/
Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
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.
"...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..."
This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
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.
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".
This is a lie that DSCR told to get $2,538,000 in sales, and why they fraudlently concealed disclosure of the sales and revenue.
This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
This is why management took down the DSC Coin website.
This is why management won't address this issue in public.
This is why it is never getting current again.
This is why the SEC will suspend this company.
This is why the US Attorney's office need to conveine a grand jury and start issuing some indictments for this conduct.
People need to goto jail over this
DSC COIN + Fraudlent Assets = Material Concealment
Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this.
Because the company lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM Discovery Minerals LTD.
"...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
1. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Discovery Minerals LTD Press Release Dated May 11,2021
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
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/
Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Page 22 SMOKING GUN showing managment's state of mind "scienter" in further concealing this fraud.
"...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..."
This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
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.
The assets backing this representation are in excess of $100,000,000. This is a lie that DSCR told to get $2,538,000 in sales.
This is why the DSC Coin sale is not mentioned, in mandatory financial reports (called material concealment).
This is why management took down the DSC Coin website.
This is why management won't address this issue in public.
This is why it is never getting current again.
This is why the SEC will suspend this company.
This is why this "Shell Risk" with 6,000,000,000 plus shares in the float and 0 revenue.
Zero revenue for how many years? seems like the company has found it easier to print shares then execute on a business model. That explains all the hype and attacks on me.
Danger Will Robinson, the SEC is turning off the lights on this scam.
Why Discovery Minerals LTD. Will get suspended
DSC COIN + Fraudlent Assets = Material Concealment
Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this. Because the company lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM Discovery Minerals LTD.
"...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
1. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Discovery Minerals LTD Press Release Dated May 11,2021
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
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/
Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Page 22 SMOKING GUN showing managment's state of mind "scienter" in further concealing this fraud.
"...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..."
This explains why Discovery Minerals Lts disowned knowledge of this DSC COIN, look at the representation they made.
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.
THIS IS OVER THE TOPand a lie to the tune of over $100,000,000. This is why DSCR will never file another report, to due so will be an admission of management's criminality.
Source of LIE
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
When you are ready to see justice, file a complaint.
https://www.sec.gov/oiea/Complaint.html
When you want to learn more about SEC Suspensions
https://www.sec.gov/litigation/suspensions.htm
DSC COIN + Fraudlent Assets = Material Concealment
Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this. Because the company lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM Discovery Minerals LTD.
"...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
1. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Discovery Minerals LTD Press Release Dated May 11,2021
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
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/
Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Page 22 SMOKING GUN showing managment's state of mind "scienter" in further concealing this fraud.
"...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..."
This explains why Discovery Minerals Lts disowned knowledge of this DSC COIN, look at the representation they made.
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.
THIS IS OVER THE TOPand a lie to the tune of over $100,000,000. This is why DSCR will never file another report, to due so will be an admission of management's criminality.
Source of LIE
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
When you are ready to see justice, file a complaint.
https://www.sec.gov/oiea/Complaint.html
When you want to learn more about SEC Suspensions
https://www.sec.gov/litigation/suspensions.htm
$100,000,000 in FRAUDLENT Assets Backing the DSC COIN
Why would a company sell $2,500,000 worth of a DSC coin and not report the revenue from this. Because they lied to buyers of the DSC Coin about the assets backing it.
ACTUAL STATEMENT FROM DSCR.
"...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
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
When you are ready to see justice, file a complaint.
https://www.sec.gov/oiea/Complaint.html
When you want to learn more about SEC Suspensions
https://www.sec.gov/litigation/suspensions.htm
When you want to learn more about the DSC Coin Sale
Press Release
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
Etherscan Proof of DSC Coins Sales totaling $2,538,000
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
OTC Mandatory Report they concealed this from
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Page 22 SMOKING GUN showing managment's state of mind "scienter" in further concealing this fraud.
"...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..."
Then Compare that to
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165128224
This explains why they disowned knowledge of this DSC COIN, look at the representation they made.
THIS IS OVER THE TOP
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
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
SUSPENSION OF DSCR COMING, Don't Cry When Worthless
MOST ALARMING REASON IS BLATANT FRAUD
Actual DSCR incriminating quote and blatant lie from 5/11/2021 issued press release from company.
"...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..."
DSCR does not have 2,100 Etherereum, 2,100 Bitcoin, 2,100 ounces of Gold and Silver, or the net worth of more than $100,000,000, to even remotely back this outlandish claim. This is the reason the company has gone "turtle mode" and has hidden from ANY official responce to this mentioned concern, going on 12 weeks now.
Source of LIE
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
These individual are committing a crime and when you are ready to see justice, file complaint. These people need to see the inside of a courtroom, and to answer for their blatant string of deceit and lies, everyone of them, including the promoters carrying the lie at the detrement of the minority shareholders.
1. 12 weeks since delisting, and not 1 new disclosure document filed by company. To remedy the obvious questions that are preventing it from going Pink, DSCR owes DISCLOSURE DOCUMENTS, that is has been negligent in providing.
2. The most glaring problem wih the previous financials is the $2,500,000 in revenue omitted from the mandatory 6/30/2021 FILED OTC Markets mandatory reports.
3. Both previous lawyers associated with DSCR resigned after delisting to expert markek in September. Meaning new counsel has no idea what DSCR has done. Will take months and $$$ to get new SEC counsel up to speed.
4. 9/30/2021 is DSCR fiscal year, meaning next report due, is not till January 2022, with extension available via a NT filing until 2/15/2022. This annual report will require legal opinion and detailed disclosures.
5. DSCR is classified as a SHELL RISK, this alone with the new PINK rule change poses a whole new and additional set of propblems that the board and company are completely ignoring.
6. DSCR is selectively communicating with members on this board (who cut, paste, and post). This practice is in violation of Regulation FD and can be construed in a worse context as insider trading.
Either way a public company DOES not communicate NON PUBLIC INFORMATION to select shareholders like "FREZ". The proper form of communication is an issued press release from the issuer.
12 weeks and no action = a SEC Suspension under Section 12(K) is more likely than DSCR being current.
When you are ready to see justice
https://www.sec.gov/oiea/Complaint.html
When you want to learn more about SEC Suspensions
https://www.sec.gov/litigation/suspensions.htm
When you want to learn more about the Coin Sale
1.Press Release
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
2. Etherscan proof of DSC COin Sale and concealment of this by DSCR's management.
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
3. Mandatory OTC Report DSCR concealed the $2,538,000 made from the DSC Coin Sale in #2 above.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
Page 22 SMOKING GUN This proves mangement state of mind, known as scienter, when they purposley concealed any knowledge or involement with the DSC Coin sale.
"...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..."
Due your homework, this company is concealing crimnal activity that has been discovered and discussed on this board.
It is why the SEC will suspend this, because what we know on this board is consideed a "selective group" of shareholders. Without a press release from company and or NEW disclosure documents, we as selective shareholders have inside information that the rest of the investing public does not.
Not a question of IF it will get suspended, just a matter of WHEN.
SEC Complaint Filed Now Wyoming AG
This company is a blatant fraud, supported by a group of co consirator stock promoters, pretending to be innvestors on this board.
Why would a company sell $2,500,000 worth of a DSC coin and not report the revenue from this.
Answer they lied to buyers of the coin about the assets backing it, and to report the DSC coin sale would accelerate an investigation of the company.
Actual DSCR incriminating quote and blatant lie from 5/11/2021 issued press release from company.
"...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..."
DSCR does not have 2,100 Etherereum, 2,100 Bitcoin, 2,100 ounces of Gold and Silver, or the net worth of more than $100,000,000, to even remotely back this outlandish claim. This is the reason the company has gone "turtle mode" and has hidden from ANY official responce to this mentioned concern, going on 12 weeks now.
Source of LIE
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
These individual are committing a crime and when you are ready to see justice, file complaint. These people need to see the inside of a courtroom, and to answer for their blatant string of deceit and lies, everyone of them, including the promoters carrying the lie at the detrement of the minority shareholders.
https://www.sec.gov/oiea/Complaint.html
When you want to learn more about SEC Suspensions
https://www.sec.gov/litigation/suspensions.htm
When you want to learn more about the DSC Coin Sale
1. Press Release on Coin Sale and lie of backing of more than $100,000,000 in assets
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
2. Etherscan Proof of DSC Coins Sales totaling $2,538,000, that were purposely omitted with mangement's scienter.
https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
3. OTC Mandatory Report DSCR concealed this coin sale from.
https://www.otcmarkets.com/otcapi/company/financial-report/296352/content
4. Page 22 SMOKING GUN showing managment's state of mind "scienter" in further concealing this fraud.
"...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..."
Then Compare all of the above to the statement that undisclosed DSCR stock promoters are lying about
BLATANT LIE DSCR Post #100872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165128224
This explains why they disowned knowledge of this DSC COIN, look at the representation they made.
This is one of the biggest lies I have ever seen a public company send.
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
https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html
WHY this is going to $0.00000
Besides the 6,000,000,000 Issued and Outstanding shares, complimenting $0.00 Revenue
They sold a coin off a lie that it was backed by more than $100,000,000 in assets. Embezzled the coin sale proceeds, and with management scienter, made a conscious decision to further conceal this criminal act.
It is that simple....you are all being taken for a ride.
DSCR is also negligent in providing accurate financial information. The SEC suspends companies that are demonstrating the same conduct of DSCR. This in known as a Section 12(k). I highly encourage every investor to goto the SEC website and research the recent SEC suspension onrders.
LETS TALK ABOUT MANAGEMENT's NEGLIGENCE
DSCR will never file another mandatory report again. Why becuase to do so will the management would have to explain the criminality that this board has discovered, which they (management of DSCR) decided to further conceal.
Until the company makes an official disclosure (12 weeks and waiting) on the missing proceeds to the DSC coin. Including the fraudlent misrepresentation of this 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..."
Source: DSCR Yahoo Press Release Dated 5/11/2021
DSCR is at a great risk of being suspended by the SEC. This is 100% because management refuses to address the discrepancies that has been documented on this board.
For further validation of this refer to Post # 100872
"...DSCR pink current junior gold mining company that has aquired the Ruby Gold Mine in California, the belive there is 2-5x the amount of gold there then the originally thought. Pr here: Press Release proving criminality
Created their own crypto coin that will be tethered to 50% of the gold the find from the mine, as well as silver, bitcoin and etherum.
Just had massive coin sales of 1m coins, 200k coins, 2- 10k coins and much more! Coin sales have Gone over $2.5 million Dollars. (Each coin is $2 each) REVENUE for DSCR!
Coin sales: https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
https://discoverymineralscoin.com/
NEW Website Discoveryminerals.com
NEW IG Account https://instagram.com/discoveryminerals?utm_medium=copy_link
Float is only 1.5b moves like air!!
Heavily Shorted these past few months..."
Compare Post 10872 behind the backdrop of the OTC Markets Mandatory Financial reports for DSCR for period ending 6/20/2021 filed on 8/16/2021.
Ommission of DSC Coin sale as identified in Post #10872 from mandatory reports include:
DSCR mandatory report for 6/30/2021, filed on 8/16/2021
1. Page 13 the reporting of 0 revenue from DSCR
"...For the For the For the For the
Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended
June 30, June 30, June 30, June 30,
2021 2020 2021 2020
Revenue $ - $ - $ - $ -..."
2. Page 16 Conditions of DSC Coin Sales met for booking as revenue.
"...Revenue recognition
For revenue from product sales, the Company recognizes revenue using four basic criteria that must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgment regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded.
The Company defers any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required..."
3. Page 22 The decision by DSCR management to purposley conceal the DSC Coin Sale. TEXTBOOK SCIENTER
"...Note 8 – Subsequent Events
Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 after the balance sheet date through the date the financial statements were issued. The Company did not identify any additional material events or transactions occurring during this subsequent event reporting period that required further recognition or disclosure in these financial statements..."