Friday, January 20, 2023 11:15:38 PM
This is DONE!
THIS IS WHY
DSCR CUSIP Number 25470V109 is for another company!
Discovery Minerals Ltd., CUSIP number 25470V109 is for a Nevada Corporation with 5,000,000,000 common shares, rather than a Wyoming Corporation with 10,000,000,000 common shares.
It looks like when Discovery Minerals, Ltd., did the undisclosed reincorporation from Nevada to Wyoming in July 2018, management or their "special counsel" James M. Donovan, forgot to get a NEW CUSIP Number.
Please feel free to communicate with
https://cusip.com to confirm.
What we discovered is below, please feel free to confirm:
1. CUSIP Number: 25470V109
2. Name of Issuer: Discovery Minerals. Ltd.
3. Incorporated: Nevada
4. Authorized Common: 5,000,000,000
5. Par Value: $0.00001
In the latest filing from Discovery Minerals Ltd.
Annual Report for January 13. 2023. for period ending September 30, 2022, it states the following:
1. CUSIP: 25470V109 Same
2. Par or States Capital: $0.0001. and not $0.00001
4. Total shares authorized: 10,000,000,000 and not 5,000,000,000
Source: https://www.otcmarkets.com/otcapi/company/financial-report/356968/content (page 24 of 25)
Discovery Minerals Ltd., CUSIP number 25470V109 states it is for 5,000,000,000 common shares when the annual report states that is has 7,437,913,081 common shares outstanding?
If this is correct, which can be confirmed by contacting CUSIP directly at https://cusip.com, would this mean that Discovery Minerals, Ltd., has sold more than 2,437,913.081 shares, over its CUSIP 25470V109 reported authorized capital?
Thanks PennyMover for pointing this out, your advice is always appreciated.
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