To protect the minority shareholders, the SEC is 100% warranted in suspending this company.
Too many discrepancies, to be considered adequate financial informaiton
For more than 6 months Discovery Management concealed the DSC Coin sales from minority shareholders.
Consisting of 1 Filing and 3 press release, DSCR Managment CONCEALED 100% of the DSC Coin Sales and results from minority shareholders.
But, if you were part of the Discovery Minerals, Ltd.Insider Group, managment of Discovery Managemnt had no problem of telling select shareholders undisclosed company information.
On October 8, 2021, while the rest of the minority shareholders were in the dark, a select group of minority shareholders had non public company information.
From that inside information select minority shareholder enjoyed a whopping 19,900% return. While shareholders who did not lost more than 94%.
THIS IS WHY DSCR NEEDS TO BE IMMEDIATELY SUSPENDED
List of 2021 SEC Trading Suspensions https://www.sec.gov/litigation/suspensions.htm - a good reference to understand the attitude of the SEC. Especially with suspension of publicly traded companies under Section 12(k) - Inadaquate financial information.
Looking at Discovery Minerals Ltd, behavior, it is easy to see why the SEC would suspend this. For reading a dozen or so 12(K) suspension orders, I am finding comppanies who got suspended for doing a lot less that Discovery Minerals, Ltd.
Complaints have been filed, criminal conduct discovered and actions are being taken. If you feel you were defrauded, I encourage you to file a complaint with the SEC and or the Attorney General of Wyoming.
When you are ready you can file a complaint here are the links: