What changed in this filing

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Item 3. Legal Proceedings

2020-11-18 compared with 2019-11-18 · 4 added, 63 removed, 1 unchanged (99% of the section changed)

On September 5, 2017, Steve Vestergaard, former President and

Chief Executive Officer of the Company, filed a Notice of Civil Claim in the

Supreme Court of British Columbia against the Company, its subsidiaries,

independent directors and current Chief Executive Officer, claiming damages for

conspiracy, breach of contract, wrongful dismissal, defamation and aggravated

and punitive damages.

The Company believes the claims are without merit and will

defend itself against the claims.

SAFETY DISCLOSURES.

LEGAL PROCEEDINGS.

On September 5, 2017, Steve Vestergaard, former President and Chief Executive Officer of the Company, filed a Notice of Civil Claim in the Supreme Court of British Columbia against the Company, its subsidiaries, independent directors and current Chief Executive Officer, claiming damages for conspiracy, breach of contract, wrongful dismissal, defamation and aggravated and punitive damages.

The Company believes the claims are without merit and will defend itself against the claims.

MINE SAFETY DISCLOSURES.

Not Applicable

MARKET FOR REGISTRANTS COMMON EQUITY,

RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY

Market Information

Our shares are currently trading on the OTCQB under the stock

The high and the low trading prices for our shares for each quarter

of the last two fiscal years were:

1 st Quarter 2018

2 nd Quarter 2018

3 rd Quarter 2018

4 th Quarter 2018

1 st Quarter 2019

2 nd Quarter 2019

3 rd Quarter 2019

4 th Quarter 2019

(1) The above trading prices have been retroactively adjusted

for a stock consolidation on the basis of 5:1, which was effective on September

The trades reflect inter-dealer prices, without retail mark-up,

markdown or commission and may not represent actual transactions.

Our shares are also traded on the TSX Venture Exchange under

the symbol DSY.

Holders of Common Stock

As of November 15, 2019 our shareholders list for our common

stock showed 57 registered shareholders and 10,903,696 shares of our common

stock outstanding.

We have neither declared nor paid any cash dividends on our

capital stock and do not anticipate paying cash dividends in the foreseeable

Our current policy is to retain any earnings in order to finance the

expansion of our operations.

Our Board of Directors will determine future

declaration and payment of dividends, if any, in light of the then-current

conditions they deem relevant and in accordance with applicable corporate law.

Recent Sales of Unregistered Securities

For a description of our equity compensation plans, please see Item 12 of the report on Form 10-K.

OTHER INFORMATION

See Item 12.

Security Ownership of Certain Beneficial Owners

and Management and Related Stockholder Matters for a description of our

securities authorized for issuance under equity compensation plans.

SELECTED FINANCIAL DATA.

(Expressed in US dollars)

Continuing Operations:

Service revenue

Income (loss) from operations

Net income (loss)

Net income (loss) per common

share, basic and diluted

Balance Sheet

Working capital

Long-term liabilities

Stockholders equity

The selected financial data should be read in conjunction

with the Consolidated Financial Statements and Notes thereto, and Item 7.

Managements Discussion and Analysis of Financial Condition and Results of

Operations of this Form 10-K.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings