Replies to post #7595 on Discovery Minerals LTD (DSCR)

[TheHungryHippo]

well thats a bummer. Going to halt any chance of a run for near term imo.

[PROPHET-of-PROFITS]

DSCR cancels the preferred shares. !dSCAMr!

we have DILUTION: "Reno, NV ? (ACCESSWIRE) October 18, 2013 10:00:00 AM - Discovery Minerals Ltd. (OTC PINK:DSCR) would like to update all current shareholders regarding the Press Release disseminated August 13, 2013 in which the company announced the potential issuance of Anti-Dilutive Convertible Preferred Shares to confirmed shareholders in street name. Pursuant to our previously stated release the Board of Directors and Corporate Counsel have since reviewed the required regulatory process, procedures and filing obligations necessary to complete this proposed issuance and have deemed that the company will be unable to meet the requirements to fulfill this action"