$PSGR Pershing Resources has issued a Press Releas

$PSGR Pershing Resources has issued a Press Release that SUGGESTS that a investment company will provide funding that will create more opportunities to the company to build/improve on a mill and help with other costs. I need a little help understanding how the Blackridge investment is anything other than a Buy Cheap strategy. My understanding of the Press Release is that Blackridge can/will buy up to 9.9% of the outstanding common stock for an investment up to $1 Million. Share price is to be the lowest price within the ten day window prior to the SEC decision. As it stands now (MY understanding), there are APPROXIMATELY 125 Million outstanding shares available. This translates to Blackridge having the option to buy APPROXIMATELY 12.4 Million shares. At the current $0.03/share price, the Blackridge investment is APPROXIMATELY $370 Thousand....a far cry from $1 Million. Presuming a decision is made within the next 10 days...$0.03/share is the MOST they will be required to pay per share. IF share price drops, they benefit enormously in TOTAL PRICE paid for the 9.9%. $370K is chump change for funding mining operations and their associated costs. What EXACTLY is the current shareholder getting in return? As it stands, the price will remain LOW because the low price benefits Blackridge. The relatively SMALL sum of cash (assuming TOTAL investment by Blackridge) MAY pay for equipment and the salaries of 2-3 mine/claim site personnel for several months, what happens when the alleged R&D ends? Somehow this APPEARS to be a scenario that has occurred several times in the past. I am hopeful that Blackridge takes a very active role in management and monitoring of the operations and daily business of Pershing Resources. I am also hopeful that IF Blackridge does take a keen interest in the operations and daily business of Pershing Resources that SHAREHOLDERS are kept current with information that indicates and illustrates the direction, successes and failures of the mining operations and the integrity of the company. The first step of SEC approval is the most important, followed by walking the path and speaking the truth.