Replies to post #110270 on Discovery Minerals LTD (DSCR)

[Ryan8]

No Shareholder Vote, Notice or Disclosure

DSCR has 3 classes of stock, your exemption only applies to having 1 class of stock. The Wyoming state law that addresses this requires shareholder Notice, (10 business days) and individual vote per class.

DSCR avoided shareholder notice, vote and disclosure in mandatory filings. Your argument is sunk LOL

More important is to look at the $300K convertible preferred that wanted to convert in April of 2018 (in filings) and couldn't becuase authoirzed capital was maxxed out. This is where the investigaiton needs to start.

This is the epicenter of how DSCR got 2,000,000,000 additional free trading shares to fuel the April - May 2021 pump and dump.

You remember the pump and dump?

Then we have Nevada to look at as well, and find that they violated NRS as well.

Suprize

[Ryan8]

Illegal Authorized Common Stock Capital Increase

DSCR management lied to the Wyoming secretary of state, stating DSCR had only one class of stock, when they had actually 3.

WHY?

W.S. 17-16-1005 allows increase without shareholder approval without shareholder notice on condition of only 1 class of securities outstanding.

DSCR had 3 outstanding classes of stock (proof below), which made them ineligible to W.S. 17-16-1005, and forced them to be in compliance with W.S. 17-16-1003, which requires shareholder notice and vote to approve amendment to increase authorized capital.

DSCR with scienter submitted a false statement to the SOS of Wyoming representing 1 class of stock outstanding, when they had 3. The sole purpose was to evade the shareholder notice and vote needed to increase Common stock capital from 5,000,000,000 to 10,000,000,000 common shares in July of 2018.

Here is the DOCUMENTED Proof dispelling your false narrative.










Proof of Multiple Classes of Stock





W.S 17-16-1005 was wrong amendment and the company knew they were required to file under W.S. 17-16-1003

This illegal authorized common stock capital increase allowed this massive pump and dump which netted $50,000,000 the con conspirators of this fraud