GRN Holding Corp (GRNF)

[eldeva]

Discovery Gold Corp. (Pink: DCGD), paid promotion, majority stake recently purchased for $300,000

DCGD is less than meets the eye. As their last 10Q shows they hold $25 in cash, operating loss stands at $26,779, total current liabilities amount to $171,107, accumulated deficit stands at $8,603,892 and revenue was non-existent (1).

Furthermore, it is being promoted on a website by the name of pennystocks.com which makes it clear it produces paid advertisement (2) (3).

Finally, we have Justin Costello, the man behind GRN Funds, who became CEO and acquired a majority stake in DCGD (55.65%) on June this year by purchasing 139 million shares for the sum of $300,000 (4). Costello seems like a rather prolific entrepreneur as there are over 20 companies (mostly cannabis ones) with which he is involved in Washington state (5). Not suspicious… at all.

(1) https://www.otcmarkets.com/filing/html?id=13294923&guid=JIdIUe0BaFPGfth
(2) https://pennystocks.com/featured/2019/07/11/money-making-penny-stocks-gold-stock-up-over-2900-july/#m1
(3) https://utopiacap.com/xyxy/
(4) https://www.otcmarkets.com/filing/html?id=13520350&guid=HtdIUqs6zYQrbth
(5) https://www.bizapedia.com/people/justin-costello.html