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Tuesday, December 14, 2021 12:31:38 PM
They got caught committing fraud, flat out don't pass go, don't collect $200.
I will bet you that this company will never file. If they do, their new attornies will be busy managing the derivative lawsuits for fraud.
Public companies have a defense and it is the state of mind defense, known as scienter.
Discovery Minerals, Ltd., by filing a new disclosure document, management will have to explain all of there conduct in a signed under penaly of perjury document.
NEVER HAPPENING....If they do I promise to sue them, just for the sport value of defeating a 12(b) 6 motion to dismiss under the PLSRA.
The press release concealment, we discovered this morning thanks to Frez, has now given us another exhibit of management's conduct.
This company and a bunch others are all going down for fraud. I told you we were writing a documentary, well DSCR is the centerpiece of educating Congress why the SEC should be given broader powers to prosecute these actions.
Thank you for playing, your input has helped us in triangulating this mess.
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