Replies to post #106902 on Discovery Minerals LTD (DSCR)

[Ryan8]

(A) x Fraud = 0

Thank God you don't teach finance for a living.

https://www.otcmarkets.com/stock/DSCR/security

Share Structure Market Cap Market Cap 8,925,496

Authorized Shares 10,000,000,000
Outstanding Shares 7,437,913,081
Restricted 2,247,871,578
Unrestricted 5,190,041,503
Held at DTC 4,500,682,435


Now looking at this, how does a company with a $8,925,496 Market Cap back a DSC coin with 2,100 Ethereum, 2,100 Bitcoin, $2,100 ounces of Silver and $2,100 ounces of Gold.

This representation is a $100,000,000 fraudlent inducment. This was leveraged to produce $2,538,000 in DSC COIN sales.

When management realized they sold $2,500,000 worth of of a Coin under false pretenses, they doubled down on denying it happened.

They took down the website, they concealed the sales from their mandatory financial reports, and management went as far as denying its existience by ommiting it in "Subsequent Events" reporting section of the 6/30/2021 DSCR OTCC report (page 22).

Until the managemet of DSCR publicly discloses this discrepancy, the SEC needs to suspend this from trading.

This is a really big issue, minority shareholder have lost 93% of their investment since September and management has been crickets for 12 weeks.

Waiting for your 1 line snarky answer.