Monday, January 30, 2023 2:29:51 PM
In June / July 2018 DSCR increased authorized capital from 5,000,000,000 to 10,000,000,000 common shares. In this The management and advisors bypassed a mandatory meeting, mandatory vote and disclosure of this increase in capital in subsequent event filings for over 3 years.
This is text book negligence. Without DSCR increasing the authorized capital the PUMP & DUMP of 2021 could not have occurred.
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?
Can you say registered rescission
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