Discovery Minerals LTD (DSCR)

[Ryan8]

Suspension of Trading is a Concern here

If you feel you have been scammed, PM me we are putting together a lawsuit exposing these individuals.

Integrated offering & Section 5 (Unregistered Security Offering, IMHO) is a big concern with the Discovery Mineral Coin, (Etherscan as symbol, DSC).

Here are my concerns which management nor their law firms have given clarification to.
IMHO

Understand this information, along side a "going concern opinion" from there CPA, set the stage for the SEC to suspend based on "questions of adequacy" concerning Discovery Minerals disclosed financials and representations.

I encourage you all to review this intelligence, it was prepared to protect innocent shareholders of the gross incompetency of management of this company.

Reason # 5 why Discovery Minerals will get suspended

https://www.yahoo.com/now/discovery-minerals-announces-official-launch-123000259.html

Reason # 1 why Discovery Minerals will get suspended

https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1

Reason # 2 why Discovery Minerals will get suspended

https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#balances

Reason # 3 why Discovery Minerals will get suspended

https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#comments

Reason # 4 why Discovery Minerals will get suspended

https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/

IMHO 1-5 above poses more question about the accuracy of Discovery Mineral LTD. disclosures. They sold a coin based on it being backed by as a tethered coin

"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."


With Bitcoin at 40,000 a coin, Ethereum at $3,000, Gold at $1,723 an ounce and Silver at $22 an ounce. The Discovery Mineral Coin represented and sold based on having a "tethered reserve of"

2,100 Bitcoin worth $86,933,490
2,100 Ethereum worth $ 6,155,429
2,100 Ounces of Gold worth $ 3,646,167
2,100 Ounces of Silver worth $ 47,103

Total $96,782,189

All of this from a company with a "Going Concern Opinion"

This is the stuff the SEC suspends a company over, for not having adequacy in its disclosure. Let alone the integrated offering exposure and unregistered security aspect of the "Discovery Coin" This smell like a total Section 5 Unregistered offering.

I would call their attorney

Dolkart and Associates
1750 Kettner Boulevard
Suite 416
San Diego, CA 92101
[phone]
[e-mail]

&

Law Office of James M. Donovan, PC
317 Davisville Rd
Willow Grove, PA 19090
[phone]

These are my opinions, not financial advice, if you would like to help in exposing these actors, please PM me.

For clarification, previous messages are just my opinion and observations, and not financial advice.