Discovery Minerals LTD (DSCR)

[Ryan8]

Shell Risk Confirmed, What Company says in a filing contradicts OTCMarkets

Once again what you are refrencing is the annual report that Discovery Minerals Ltd. Filed on 12/15/2021 for period ending 9/30/2021.

Unfortunaltey as this board has learned in the past, what managment of DSCR says is not always true.
WHAT A SUPRISE.

Let me once again teach you what you do not understand or worse, you understan and mislead

First what is a shell risk

The OTC Markets shell risk designation indicates that a company may be a shell company, as defined by SEC rules or displays characteristics common to shell companies. This designation is made at OTC Markets' discretion based on an analysis of the company's key financial data.
Jun 3, 2021

Source
https://www.otcmarkets.com/files/OTCM%20Compliance%20Flags.pdf

Proof Disocvery Minerals is a shell risk can be confirmed here.
Source
https://www.otcmarkets.com/stock/DSCR/overview

Warning! Limited Information

OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).

Warning! This security is eligible for Unsolicited Quotes Only

This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.

On the intro box I have uploaded an image from OTC Markets website as of 12/17/2021. Showing that in Fact OTC Markets Classifies Discovery Minerals, Ltd. as a shell risk

Thanks for pointing this out.