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