Discovery Minerals LTD (DSCR)

[Ryan8]

People need to goto jail over this

DSC COIN + Fraudlent Assets = Material Concealment

Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this.

Because the company lied to buyers of the DSC Coin about the assets backing it.

ACTUAL STATEMENT FROM Discovery Minerals LTD.

"...The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."

Source of LIE
1. https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html

Discovery Minerals LTD Press Release Dated May 11,2021

https://finance.yahoo.com/news/discovery-minerals-announces-official-launch-123000259.html

Etherscan Proof of DSC Coins Sales totaling $2,538,000

https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1

Archived website that the management of Discovery Mineral Ltd, purposely took down, to conceal the sale of $2,538,000 worth of DSC Tokens.

https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/


Discovery Minerals LTD, OTC Mandatory Report for period ending June 20, 2021.

https://www.otcmarkets.com/otcapi/company/financial-report/296352/content

Page 22 SMOKING GUN showing managment's state of mind "scienter" in further concealing this fraud.

"...Note 8 – Subsequent Events

Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 after the balance sheet date through the date the financial statements were issued.

The Company did not identify any additional material events or transactions occurring during this subsequent event reporting period that required further recognition or disclosure in these financial statements..."

This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.

The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin.

The assets backing this representation are in excess of $100,000,000. This is a lie that DSCR told to get $2,538,000 in sales.

This is why the DSC Coin sale is not mentioned, in mandatory financial reports (called material concealment).

This is why management took down the DSC Coin website.

This is why management won't address this issue in public.

This is why it is never getting current again.

This is why the SEC will suspend this company.

This is why this "Shell Risk" with 6,000,000,000 plus shares in the float and 0 revenue.

Zero revenue for how many years? seems like the company has found it easier to print shares then execute on a business model. That explains all the hype and attacks on me.

Danger Will Robinson, the SEC is turning off the lights on this scam.