Bankruptcy Petition is Only Way Coin GETS Refunded
Under Bankruptcy Law the trustee appointed by the Department of Justice, would have the ability to petition the US Bankruptcy Court for a claw back of assets under a fraudulent conveyance model.
Who wants to be a lead creditor forcing the adverse bankruptcy filing, PM me for more information.
And Thanks Sam6996 - for the PM, never saw this before, will incorporate in next report for sure.
In response to this:
Just received an email from Alt 5 regarding the DSC coin
ALT 5 Sigma | Next-Generation Blockchain Financial IMPORTANT LEGAL NOTICE: ALT 5 Sigma – Discovery Minerals / DSC Coin.
26 January, 2022
IMPORTANT LEGAL NOTICE REGARDING ALT 5 Sigma Inc., and Discovery Minerals Ltd., and the Discovery Minerals Coin.
We are writing you further to the receipt of inquiries from Discovery Minerals’ shareholders and or purchasers of the Discovery Minerals Coin as it pertains to the role and relationship of ALT 5 Sigma Inc. and Discovery Minerals Ltd.
On March 9, 2021, Discovery Minerals Ltd entered into a technology and consulting agreement with ALT 5 Sigma Inc. to build the technology framework for the sale of the Discovery Minerals Coin. ALT 5 Sigma provided the technology and consulting services to Discovery Minerals and Discovery Minerals proceeded with the sale of its coin whereby proceeds from the sale of the coin were remitted to Discovery Minerals Ltd and more specifically to the company’s president, Mr. Russell Smith.
ALT 5 Sigma Inc. provided technology and consultancy services only and was not party to the sale of the Discovery Minerals Coin.
It should be noted that Discovery Minerals Ltd. proceeded to file false and misleading statements with the OTC Markets namely the name of the control person of ALT 5 Sigma Inc. as being Brian Scott is incorrect. Neither ALT 5 Sigma Inc., nor Brian Scott entered into any loan agreement with Discovery Minerals Ltd. for the reimbursement of the Discovery Minerals Coin.
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. As previously disclosed in the Company’s period ending March 31, 2021 quarterly report and further press release dated April 30, 2021, the Company signed an agreement with ALT 5 Sigma for the development of its Discovery Coin and Gateway Payment. However, management has determined this course of action would not be in the Company’s or the shareholders best interest and has terminated the agreement and is no longer exploring a crypto currency initiative. In December 2021 the Company entered into an escrow agreement whereby all coin buyers will be refunded their full purchase amount.
We therefore ask that you contact Discovery Minerals Ltd. If you have any questions and or comments regarding the company, its coin and or the refund. Sincerely,
ALT 5 Sigma Inc. ALT 5 Communications 420 Lexington Ave., New York, NY 10170 Unsubscribe
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