Replies to post #64227 on Discovery Minerals LTD (DSCR)

[MaxPowerLove$Ihub]

I'm still here...holding strong~


- Go DSCR

[Proprium]

JPHilton, (FWIW), I think I found the answer as to who did the recent selling:

On the Quarterly disclosure for the period ending 2014-12-31, pp.2-3, Point No. 4:

4) Issuance History
On January 13, 2014, 170,000,000 shares were issued to a non affiliated third party as a result of a debt assignment on September 25th, 2013 and subsequent conversion of $1700 from a convertible promissory note dated January 23rd, 2012.

The partial assignment of this debt has a conversion price of $0.00001. The shares were issued pursuant to the exemption from registration provided by Section 4(1) of the Securities Act of 1933. The shares were not registered or qualified in any jurisdiction. The shares were issued free of restrictive legend as the holding period of Rule 144 had been satisfied.

This is the only (anonymous) candidate who could fit the ~200,000,000 share dump while the SS remained the same. FWIW. It was indeed a note holder selling.

Source: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=133782

PS Kind of old news, now.