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Last $0.0015 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:30 PM 02/17/15 All times are local (Market data is delayed by at least 15 minutes).

discovery oil ltd (DSCY) Snapshot

Open
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Previous Close
$0.0015
Day High
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Day Low
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52 Week High
05/29/14 - $0.0052
52 Week Low
09/30/14 - $0.0015
Market Cap
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Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
25.2M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for DISCOVERY OIL LTD (DSCY)

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discovery oil ltd (DSCY) Details

Discovery Oil, Ltd. does not have significant operations. It intends to seek a new investment opportunity in the oil industry through a merger, stock-for-stock exchange, or stock-for-assets exchange transaction. Prior to 2004, the company had a non-operating working interest in six producing oil wells near the city of Signal Hill, California. Discovery Oil, Ltd. was founded in 1964 and is based in Malibu, California.

discovery oil ltd (DSCY) Top Compensated Officers

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discovery oil ltd (DSCY) Key Developments

SEC Revokes Registration Of Registered Securities Of Discovery Oil Ltd

An Administrative Law Judge has issued an Initial Decision of Default as to Discovery Oil Ltd. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against Discovery Oil For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Discovery Oil Ltd. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

 

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