11 Weeks and Crickets From Company
Company is committing securities fraud SEC suspension coming. SEC enforcement division issued the first SEC Suspension since September 21, 2021.
11/23/2021 SEC Suspension Order
Expect a bunch of these in the next 10 days, like 30 to 50. The SEC does this every last week in November, first week in December.
Why this is getting suspended
DSCR will never file another report?
Everyday that the company HIDES these found mistakes, the lower the price will go, and the chances of it being suspended by the SEC go up.
RESTATEMENT of financials and disclousure with legal opinion is the only way DSCR avoids being suspended. Here is WHY
1. DSCR is 9/30 Fiscal reporting meaning their Annual Report for 9/30/2021 is due January 15 with an extension of February 15,2022.
2. Both previouly retained law firms, resigned the same day on September 28th.
Meaning new legal counsel has to get a comfort level of what the other 2 lawyers did. In my experience, this is the impossible hill to climb, and why you will never see another report from DSCR ever again.
3. How do you explain the $2,500,000 not being reported. Until they do, it looks like and feels a lot like embezzlement. For certian the concealing of this fact in the "Subsequent Events" section of the mandatory report, shows proof of managment's scienter for surviving a 12 (b)6 Motion to dismiss for Securities Fraud under the Private Securities Litigaiton Reform Act.
Everyone on the board has seen there investment in DSCR drop 90% since September 27, 2021.
Company negligence, is the answer, this self inflicted gun shot wound could of been prevented if they reported ANY revenue. So until DSCR addresses these in a public disclosure statement, everything else is NOISE, for the SEC Suspends companies for exaclty this type of conduct.
11 WEEKS NO MENTION FROM COMPANY ------ ALL YOU NEED TO KNOW
When you had enough file a complaint with the SEC
https://www.sec.gov/oiea/Complaint.html
Need about 150 complaints to get an enforcement proceeding started.The people behind this scam all belong in prison. You have all been lied to and stolen from. Hard pill to swallow but the truth.
