Oh boy, wait till you see what we discovered. Can you say RICO.
In April 2018, DSCR was bumping into in common stock authorized limit of 5,000,000,000. Without this they could not convert anymore shares, from there $300,000 COnvertible Preferred A shares. This is why the ILLEGAL increase in authorized happened in July 2018, disguised as a reincorporation..
It is also where the 1,250,000,000 (One billion two hundred fifty million) of extra shares came into the market in the May 4, - 11, 2021 pump, in the DSC Coin Pump and Dump which saw $42,500,000 worth of NEW DSCR shares came into the market and crashed the marek cap of this stock by more than 99%.
In May of 2021 a million shares of DSCR was worth $35,000, today those million share are worth $1.
We all got played, fortunately this is where Jessica Lockett is liable for negligence. If Jessica was a licensed attorney in Wyoming, which she is not. She would of understood, that when you have multiple classes of stock outstanding, you have to abide by Wyoming law and have a shareholder vote to amend the articles of incorporation.
This was bypassed by a series of lies that was submitted to the Secretary of State of Wyoming including:
1. The $49,000,000 accounting error on the par value of $DSCR stock; 2. The representation signed and submitted to the Wyoming SOS, that DSCR had only one class of shares, when they had multiple classes.
$DSCR further continued to bypass the mandatory meeting, and made a conscious decision with management scienter (state of mind) to further conceal this increase in authorized capital by omitting and mandatory disclosure of this event from ALL mandatory financial reports (2018 -2023).
Remember 15,000 shareholders lost more than $125,000,000 to this 11 year 0 Revenue Pump & Dump.
The co conspirators deserve to all be in front of a Judge in a US Courtroom, answering for their utter disregard to the shareholders of this dumpster fire.
15,000 Shareholders Got Swindled out of $125,000,000 Further Evidence Supporting a Criminal Investigation. Part 6 For all the message board pumpers this link is for you. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167773470 Great conversation starter for a convened Grand Jury And More if you want to get sick to your stomach A conspiracy among thieves
Overt Act and Co Conspirators are the words for today.
This was a coordinated ongoing scam among Transfer Agents, CPA's, Lawyers, Brokers, and Promoters. Each played their role (Overt Act) to continue and further the conspiracy. In the end more than 15,000 minority shareholders lost more than $125,000,000 over a ten year period.
These people all belong in front of a Federal Judge answering for their crimes.
Their mentality was it was easier to sell stock through message board pumpers and fraudulent inflated press releases, then to execute on a business model. The business model of this conspiracy was and continues to be that of pumping lies to unsuspecting retail investors.
Exhibits & Evidence of Securities Fraud
$DSCR understanding the conspiracy to commit securities fraud
Common Elements 429 W. Plumb Lane, Reno Nevada 89509 Home of the following companies:
1. DSCR; Caveat Emptor Status; 2. FITX; Suspended February 2016; 3. IGRW; Suspended February 2016; 4. VIRA; Current Pink; UPDATE EXPERT MARKET 5. NHEL; Suspended July 2019; 6. ANVV; Suspended July 2019; 7. ADIC. Suspended February 2016.
And same cast of characters including:
A. Fred Schiemann; Permanent Injunction, SEC 2E and OTC Markets Prohibited Service Provider B. Frank Petronis; C. Henry Manayan, CEO of VIRATECH - Expert Market ; D. Morgan Petitti; Permanent Injunction E. Scott Watkins; plead guilty/awaiting sentencing F. Russell Smith; G. Ricardo Richardson; indicted/ awaiting trial H. Joel Stohlman; plead guilty/awaiting sentencing I. Edward Heil indicted / awaiting trial J. Gary Wolff indicted /awaiting trial
Why $DSCR's Management should be indicted for securities fraud?
This company CEO lied to the WY SOS to illegally increase the authorized capital from 5,000,000,000 to 10,000,000,000 common shares.
All for the purpose of executing this corporate action of increasing the authorized common share capital, ALL without NOTICE of meeting and APPROVAL of the shareholders of $DSCR.
Further the CEO knowingly with scienter materially concealed (highest form of non disclosure), that this corporate action of raising the authorized common shares from any mandatory disclosures. Even to go as far as to omit this action from the "subsequent events" portion of ALL OTC mandatory reports, from June 2018 to current (4 years).
Here is where you can start reading of the level of fraud you have all been subjected to.
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
48. Email from Discovery Minerals Admits Coin Sale
Date December 13, 2021 lack of memory is going to be your downfall.
From: DSCR Management RE: DSC Coin Sale
"...Due to the high volume of emails, we will be having longer than normal response times. We apologize for the inconvenience but we are grateful for your support and patience.
DSCR is committed to transparency, and we are working tirelessly to ensure we have everything up to date on our website, social media and investor relations.
If you have questions about the coin, we will be issuing refunds. Please send a copy of receipts or purchasing agreements to us via email. Please allow 7 days for a response.
If you are inquiring about verified pink status on OTC, please know we have submitted all necessary paperwork and are awaiting updates as well.
If you are inquiring about The Ruby Mine or our JV, please know we have more details to be released in the next few weeks.
Thank you for your support. We appreciate all of our shareholders.