Discovery Minerals LTD (DSCR)

[Ryan8]

Give PennyMover Credit

His post gave us the insite on this report

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
2. Par or States Capiral: $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.

WARNING READ ON AN EMPTY STOMACH

Escrow Intact $0 in it

Escrow structure = Agreement
0 Disclosure of Liability
0 Disclosure of Asset = Par for the course of this dumpster fire.

Don't worry the CUSIP mismatch, is a real big problem. It succinctly shows management's scienter with the illegal common stock authorized capital increase from 5,000,000,000 to 10,000,000,000 in July of 2018.

Par Capital and amount of shares changed = NEW CUSIP number.
Don't take my word for it confirm for yourself. Contact https://cusip.com they will confirm.

For the rest of the minority shareholders, all you have to do is read the
ALT5 Sigma response to this DSC Coin dilemma.

26 January, 2022

IMPORTANT LEGAL NOTICE REGARDING ALT 5 Sigma Inc., and Discovery Minerals Ltd., and the Discovery Minerals Coin.

We are writing you further to the receipt of inquiries from Discovery Minerals’ shareholders and or purchasers of the Discovery Minerals Coin as it pertains to the role and relationship of ALT 5 Sigma Inc. and Discovery Minerals Ltd.

On March 9, 2021, Discovery Minerals Ltd entered into a technology and consulting agreement with ALT 5 Sigma Inc. to build the technology framework for the sale of the Discovery Minerals Coin.

ALT 5 Sigma provided the technology and consulting services to Discovery Minerals and Discovery Minerals proceeded with the sale of its coin whereby proceeds from the sale of the coin were remitted to Discovery Minerals Ltd and more specifically to the company’s president, Mr. Russell Smith.

ALT 5 Sigma Inc. provided technology and consultancy services only and was not party to the sale of the Discovery Minerals Coin.

It should be noted that Discovery Minerals Ltd. proceeded to file false and misleading statements with the OTC Markets namely the name of the control person of ALT 5 Sigma Inc. as being Brian Scott
is incorrect.

Neither ALT 5 Sigma Inc., nor Brian Scott entered into any loan agreement with Discovery Minerals Ltd. for the reimbursement of the Discovery Minerals Coin.

Shareholders, Stakeholders and or Discovery Minerals Coin holders should read the most recent filings by Discovery Minerals Ltd. at
https://www.otcmarkets.com/otcapi/company/financialreport/315640/content. More attention should be placed on Note #8:

Note 8 – Subsequent Events Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 after the balance sheet date through the date the financial statements were issued. As previously disclosed in the Company’s period ending March 31, 2021 quarterly report and further press release dated April 30, 2021, the Company signed an agreement with ALT 5 Sigma for the development of its Discovery Coin and Gateway Payment. However, management has determined this course of action would not be in the Company’s or the shareholders best interest and has terminated the agreement and is no longer exploring a crypto currency initiative. In December 2021 the Company entered into an escrow agreement whereby all coin buyers will be refunded their full purchase amount.

We therefore ask that you contact Discovery Minerals Ltd. If you have any questions and or comments regarding the company, its coin and or the refund.
Sincerely,

ALT 5 Sigma Inc.
ALT 5 Communications
420 Lexington Ave., New York, NY 10170
Unsubscribe

Source: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167646217