Discovery Minerals LTD (DSCR)

[Ryan8]

Hold these people accountable for what they did.

What's in it for me - Justice the management and co conspirators all belong in prison. My motivation is to uncover the fraud and report it.

Here is a good start for understanding our motivations.

USA vs Richardson 2:20-cr-00333 Eastern District of PA

The criminal case against Ricardo Richardson is an eye opener. USA vs Richardson Eastern District of PA, case number 2:20-cr-00333, filed 9/30/2020.

https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment

Same supporting cast members, in DSCR consisting of past consultants, stock promoters, CPA, lawyers, transfer agents.

Update

Scott Watkins Plead Guilty- Sentencing is scheduled for 7/22/2022
Joel Stohlman Plead Guilty - Sentencing is scheduled for 7/22/2022

Looks like past CPA in this Discovery Minerals, LTD, is a cooperating witness in the Riccardo Richardson case. This was triangulated via a read of the superseding indictment.

https://www.scribd.com/document/499218464/AIDCFITXIGRWIndictment

I would expect to see Discovery Minerals Ltd suspended, then the confession and testimony of Scott Watkins and Joel Stohlman leading to a formal investigation, and hopefully a paneled Grand Jury.

Common thread worth noting is 429 Plumb Lane. Reno Nevada. The address where all these deals were birthed.

Good research here someone email Russell Smith and for the record please get his relationship with; Gary Wolff, Edward Heil, Fred Schiemann, Henry Manayan, Randy Hamden, Ricardo Richardson, Scott Watkins, Morgan Petitti & Joel Stohlman.

Common motive, easier to sell stock through message boards promotion, then to execute on business model. This is the foundation of the fraud we have become victims to. These people rely on investors not doing any due dillignece and are vulturing people to invest using a coordinate "FOMO" campaign.

When you have had enough the SEC has a one page website to lodge a complaint.
https://www.sec.gov/oiea/Complaint.html

If you want to file with the Attorney General of Wyoming the website is. https://attorneygeneral.wyo.gov/

It is time that these people were made accountable for their criminal activity.



This Company Will Never File Another Financial Report. To do so will expose management, to flat out criminality.

More Research Why Wont Discovery Minerals Diclose THIS

15 Weeks since 97% plummet, discovery of fraud

The FOMO (fear of missing out) on this board is a coordinted effort of paid mesage board promoters. It has been 14 weeks since DSCR, got moved to unsolicited quotes. This was the result of OTC markets delisting their stock due to inadeqate disclosures.

These inadequate disclosures that placed DCSR into this situation are by design to conceal management's role in embezzling $2,538,000 worth of a crypto currency it sold. Between May 11,2021 and June 30,2021 Discovery Minerals sold $2,538,000 worth of a minted coin it created called the Discovery Mineral Coin.

Road Map of Mangements Conscious Effort To Commit Fraud.

Here is the road map of what was discovered, reported on this board, and further concealed by the management of Discovery Minerals,LTD., a Wyoming Corporation.

First what is SCIENTER?

Scienter is a defendant's knowledge that an act or conduct is wrongful and intent to act despite this knowledge. Scienter is often an element of liability, including in most cases involving assertions of fraud.

What are the elements of scienter that management of Discovery Minerals Ltd. committed.

1. Misrepresentation of DSC Coin Sale.

On May 11, 2021, the managment of Discovery Minerals Ltd. a Wyoming Corporation, sent out a press release, announcing the launch of a Ethereum token offering. *1

In that nationally disementated press release, Discovery Minerals, Ltd., represented that the DSC Coin was backed by more than $100,000,000 in assets.

"...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..."

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

Upon examination of Discovery Minerals Ltd., latest publicly filed financial report filed on August 16, 2021 for period ending June 30, 2021, Discovery Minerals, LTD reported zero in revenue and assets of $238,000. *2

2. A financial misepresentation of more than $100,000,000 represented "backing" the DSC Coin.

*2 Source: page 12 (no revenue) & 13 ($238,000 assets) https://www.otcmarkets.com/otcapi/company/financial-report/296352/content

3.Through this misrepresentation of assets "backing" the DSC Coin. Discovery Minerals, Ltd was able to sell & transfer $2,538,000 worth of DSC coin sales, between the time period of May 11, 2021 to June 30,2020 *3.

*3. Source: https://etherscan.io/token/0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1#balances

4. On August 16, 2021 Discovery Minerals Ltd., filed a mandatory current financial report with the OTC markets. This report covered the time period between March 31, 2021 to June 30, 2021 and should of included disclosure of the $2,538,000 worth of DSC Coin sales, it did not. In this report, Discovery Minerals Ltd. consciously conceals disclosure of the DSC Coin Offering three times including:*4.

Omission 1. The reporting of zero revenue;
(Page 12 of *4)

Omission 2. Disclosing the method of booking revenue, consistent with the DSC Coin sale;
(Page 16 of *4)

Omission 3 Subsequent Events section, omitting that the DSC Coin offering existed.
(Page 22 of *4)

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

5. To further conceal DSC coin offering sale of $2,538,000, Discovery Mineral Ltd., purposely took down the DSC coin offering website as seen here.
https://discoverymineralscoin.com

An archive of the DSC coin offering website, shows the extreme level that managment went to, to conceal the $2,538,000 in DSC Coin sales from the minority shareholders of Discovery Minerals Ltd.

*5a (archived) Discovery Minerals Coin offering website
https://web.archive.org/web/20210517233805/https://discoverymineralscoin.com/

The minority shareholders have lost 95% of the value of their stock since September 2021. The main driver of this, the market has discovered the negligence of what management has concealed.

This is why this company needs to be suspended, until Discovery Minerals Ltd., can explain these disrepancies to the market, the minority shreholders will continue to lose money in this stock.

When you have had enough the SEC has a one page website to lodge a complaint. Took me 3 minutes, and that was because I was waiting on my coffee.

https://www.sec.gov/oiea/Complaint.html

If you want to file with the Attorney General of Wyoming the website is. https://attorneygeneral.wyo.gov/

It is time that these people were made accountable for their conduct.