Discovery Minerals LTD (DSCR)

[Ryan8]

DSCR is concealing the fact it omitted $2,538,000 in DSC Coin sales. Until that is covered in a disclosure document, this stock is never getting out of unsolicitied quotes.

To admit that error in a mandatory disclosure document would come int eh fomr of restating the June 30, 2021 quarterly statement filed with the OTC Markets.

If they don't its criminal, known as fraudlent concealment, the highest form of a material omission.

If they do, they are going to get the SH*T sued out of them. They will put up a bread and butter defense pleaseing a 12(b) 6 motion to dismiss under the PSLRA.

That is where the lesson on scienter comes in. See when management decided to double down then triple down and then removed teh DSC web site. Well that triangualtes that managemetn had knowledge of and took action to furhter conceal.

In legal terms, this company is in litigation fo rthe next 10 years. With 0 revenue, and the stellar track record of competence, this stock is overpriced, until the discrepancies are disclosed.