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Friday, October 15, 2021 1:08:03 AM
Yet sells 2.5 million in Coins and omits that from required financial reports. Does anyone else read the financial statements.
I have seen a bunch of BS deals in my day, but this undisclosed revenue with proof of coin sales is just over the top
PROOF
Discovery Mineral Coin - Etherscan
5.a From period 5/11/2021 to 6/30/2021 Discovery Mineral Coin sold 1,238,234.50 Discovery Mineral tokens @ $2.00 a coin. Producing $2,576,469 in revenue which was not reported in the June 30, 2021 financial report.
Sources for 5.a
1. June 30, 2021 Financial Report Discovery Minerals LTD (page 7, paragraph 2) balance sheets has no accounting of REVENUE.
Source: DSCR OTC Filed Financial Report for Period Ending 6/30/2021
2. Etherscan download of trading activity for Discovery Mineral Coin
2.a Goto https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1
2.b on right side bottom of page Download CSV
2.c Enter date of 5/11/2021 to 6/30/2021
2.c this will produce a report showing 1,238,234.50 Discovery Mineral Tokens were transferred.
6. I believe that inadequate information exists from the token sales of the Discovery Mineral Coin in #6 above, compared to the omission of revenue reported in #2 above.
This is why the SEC needs to suspend Discovery Minerals Ltd (Symbol:DSCR) until adequate financial information under a new 15(c)211 clarifies the material omissions discovered, minority shareholders are being harmed.
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