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Monday, October 03, 2022 12:52:53 PM
You are quoting WS 17-16-1005 this is where the faultline exist
WS 17-16-1003 is the statute that they violated, due to the fact that they had 3 classes of stock. They knew this and lied to the WY SOS saying only one class exisited so that they could take advantage of WS 17-16-1005.
If this exist in the "pennyscam" world, this is still irrelevant. Why!
Because it shows management with a conscious state of mind known as "scienter" who set out to lie to the Wyoming SOS on being eligible for WS 17-16-1005, when in fact management knew they were not.
WS 17-16-1003 requires share holder notice (10 business days before via mail) and then a vote. This never happened, and since WS 17-16 -1005 does not apply to DSCR, they had to lie in order to pull this off.
This in criminal law, is known as an Overt Act, and becomes a trigger for a grand jury to issue an indictment. What makes this so special, is that management was conscious on the avoidance of a shareholder meeting.
This was to make room for a conversion of $300,000 in a preferred convertible stock, which 2.5 years later came back as the (ONE BILLION COMMON SHARES) 1,000,000,000 that were sold for more than $50,000,000 between March and May 2021, in a massive pump and dump, all to the detriment of the minority shareholders.
This is why they will never see OTC link trading, and trades in the gutter and by appointment.
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