Discovery Minerals LTD (DSCR)

[Ryan8]

When you can't argue facts, argue law, when you can do neither confuse the court.

Notice the 1 line snide remarks, no answers, no admission. One thing is for sure If I don't know something I will keep an open mind. In any fluid situation, facts and perspective can change, and I stood corrected, I even gave you credit for it.

In context you should read the whole debate. It starts with a factual book mark at DSCR post # 73900 and concludes with a forensic analysis of how $2,500,000 in DSC Coin sales were omitted from the mandatory Discovery Minerals Ltd. Quarterly Filed report for period ending 6/30/2021 filed on August 16, 2021.

My analysis raises the following questions, which management has yet to address:

1. Why is management selectively communicating with certain shareholders on this board; Reference "...communication with FREZ on Refund of Coin sales..."

2. Why did DSCR take down the www.discoverymineralscoin.com;

3. Why did DSCR omits $2,500,000 of coin sales from the Ethereum DSC Coin Sale. (Etherscan.io Symbol:DSC), in its mandatory filed reports with the OTC per period ending 6/30/2021 filed on 8/16/2021.

This backdrop paints a bad scenario. 3.A- Management is that incompetent, that the SEC suspends them due to inadequate information. Requires DSCR to get act together and resubmit new 15 (c) 211.

3.B-or is this embezzlement? you don't just make a mistake to omit $2,500,000 in revenue on your mandatory filed reports with the OTC Markets, especially when you reported $0 revenue for the quarter. (reference: DSCR OTC 6/30/2021 Quarterly report filed 8/16/2021)


The material size of this misstatement, trips off the Section 12(k) suspension safeguards. IMHO, as with anyone who has been invested in a company that gets suspended by the SEC.

This is what the SEC has in its power to protect the minority shareholders from companies that have theses types of blaringly obvious transgressions.

Kind of the wow, glad I did my homework, I encourage you to do your due diligence and take a look a the SEC website for recent company suspensions

https://www.sec.gov/litigation/suspensions.htm

Read what one of suspensions orders say, and then ask yourself, could you see DSCR being described in the same words? I can and do, because I have seen the SEC do this to other publicly traded companies for doing less.

Here is the most recent SEC Suspension order filed 9/21/2021

"...It appears to the Securities and Exchange Commission (“Commission”) that there is a lack of current and accurate information concerning the securities of Yus International Group,Ltd. (“YUSG1 ”) (CIK No. 1306035), a revoked Nevada corporation located in Hong Kong,

China with a class of securities registered with the Commission pursuant to Securities Exchange Act of 1934 ("Exchange Act") Section 12(g) because it is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2019. On July 20, 2021, the Commission’s Division of Corporation Finance (“Corporation Finance”) sent a delinquency letter to YUSG requesting compliance with its periodic filing requirements, but YUSG did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S-T, 17 C.F.R. Section 232.301 and Section 5.4 of EDGAR Filer Manual). As of September 9, 2021, the common stock of YUSG was quoted on OTC Link operated by OTC Markets Group Inc. (formerly “Pink Sheets”) (“OTC Link”), had five market makers, and was
eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).


I feel it is not a question of IF, more of just a question of WHEN.