Cliffnotes The Pending Suspension of Discovery Minerals Ltd.
1. 6,000,000,000 outstanding common shares 2. 0 Revenue 3. Fraud Discovered 4. Management concealment of fraud 5. Management conceals in mandatory filings 6. Manangement takes down site. 7. Management communicates to select shareholder about "Coin Refund" 8. Filings Deliquent 9. Selective Communication to select shareholders 10. 90% decline in share prices since discovered in September of 2021.
PROOF of DSCR Insider Trading and Insider Information
This board has information that the management of Discovery Minerals has decided (scienter) to withhold from the minority shareholders.
The results of witholding this adverse information from DSCR shareholders, has resulted in a 90% decline of the share price in DSCR since September, 2021.
This is also known as inside information and insider trading.
Let's see what we have as a select group of shareholders, that the investing minority shareholders of DSCR do not have.
NON PUBLIC INFORMATION
1. Why would Discovery Minerals Ltd. sell $2,538,000 worth of a DSC Coin and not report the revenue from this?
2. Because the company lied to buyers of the DSC Coin about the assets backing it.
3. ACTUAL STATEMENT FROM Discovery Minerals LTD.
4. "...The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."
13. Page 22 of this report, has the SMOKING GUN, goto jail do not pass go. It shows Discovery Minerals Ltd. managment's state of mind in further concealing this fraud.
14. "...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.
The Company did not identify any additional material events or transactions occurring during this subsequent event reporting period that required further recognition or disclosure in these financial statements..."
16. This explains why Discovery Minerals Ltd disowned knowledge of this DSC COIN, look at the representation they made.
17. Discovery Minerals LTD published public statement "...The Discovery Minerals Coin ("DSC") is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver "backing" the coin..."
18. The assets backing the DSC Coin Offering NEVER EXISTED. Yet the company still lied in representation that the DSC Coin had in excess of $100,000,000 "backing the coin".
19. This is a lie that DSCR told DSC Coin buyers to get $2,538,000 in sales, and why they fraudlently concealed disclosure of the sales and revenue.
20. This is why the DSC Coin sale is not mentioned, in mandatory financial reports. (material omission / fraudlent concealment).
21. This is why management of Discovery Minerals Ltd:
22. Took down the DSC Coin website.
23. Won't address this issue in public.
24. Why Discovery Minerals LTD is never filing another mandatory report again.".
25. Result - Discovery Minerals LTd.it is never getting current again.
26. All this information above (1-25) we have is non public information. Mangement of Discovery Minerals. Ltd., has made a conscious decision to further conceal this and continues to do so every day that they do not disclose this in a public disclosure.
All this reckless conduct, is at the detrement of the minorty shareholders.
This is why the SEC needs to step in and protect the minortiy shareholders of DSCR by suspending the trading of Discovery Mineral Ltd., under SEC Section 12(K).
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