InvestorsHub Logo
Followers 17
Posts 1675
Boards Moderated 1
Alias Born 01/03/2013

Re: None

Friday, 10/15/2021 11:37:28 AM

Friday, October 15, 2021 11:37:28 AM

Post# of 112592
Do your Due Diligence on the Unregistered Coin Offering

What is discovered is DSCR in May of 2021, sent out a press release promoting a "coin" on the Ethereum network called DSC (Discovery Mineral Coin).

On August 16,2021 on the OTC Markets DSCR filed a report with OTC for period ending June 30, 2021. In that report DSCR states "NO REVENUE"

On Etherscan.io symbol DSC (Discovery Mineral Coin) you can see that more than 1,200,000+ coins were transferred from the reporting period of DSCR from March 31, to June 30, 2021, for a value of more than $2,500,000.

This represents revenue that DSCR omitted from its mandatory report for period ending June 30, 2021.

This is material, and inadequate disclosure in violation of Section 12(k).

With that said I have seen the SEC suspend companies in the past that have done less.

A little due diligence on my past post, I lay out the links and discrepancies. I don't want to see innocent people getting burned on this when the lights are turned out. Which in my honest opinion is going to happen once regulators see this.