$PSGR Why a Higher S.P. Benefits insiders
Part One of this post posited that a higher S.P.
would benefit insiders as well as external investors.
Part One argued , without proof , that sharing
the strategic plan for developing the gold mine
would support the S.P.
PART I, Post #766 :
https://investorshangout.com/post/view?id=4817202
HERE IS THE OBVIOUS FREAKIN' REASON
WHY SUPPORTING THE SHARE PRICE WOULD
BENEFIT INSIDERS :
READ THE BLACKRIDGE AGREEMENT :
https://www.pershingpm.com/news-media/press-r...ement-with
Pertinent section ( in green below ) :
Blackbridge Capital Has Agreed to Invest Up to One Million Dollars In The Company, Pending SEC Qualification of a Regulation A Filing.
April 27, 2016
RENO, NV-- 04/27/16 -- Pershing Resources Company, Inc. (the “Company”) (OTC PINK: PSGR) announced today that it has entered into a securities purchase agreement with Blackbridge Capital, LLC (“Blackbridge”). Pursuant to the terms of the agreement, Blackbridge has agreed to invest up to $1,000,000 in exchange for up to 9.9% of the Company’s outstanding common stock. The stock sale is subject to the Company filing of a Form 1-A Regulation A Offering Statement with the Securities and Exchange Commission (“SEC”), the qualification thereof by the SEC and the satisfaction of customary conditions of issuance and sale including the final pricing of the stock. The purchase price will be based on the lowest trading price of the Company’s common stock as reported on the OTC Bulletin Board, or other applicable market, during the ten (10) trading days immediately preceding the date the Company’s Form 1-A Offering Statement is qualified by the SEC.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++
So -- and this is too damned obvious to state -- a
higher share price means that less of the Company,
in absolute and percentage terms -- IS GRANTED
TO BLACKRIDGE for the MILLION DOLLAR
OUTLAY.
DUH ! ! ! !
Giving fewer shares to Blackridge, is, prima facie,
better for all investors, insiders and outsiders,
both.
Prima Facie.
Or perhaps there is a silent unspoken hidden a-
greement with BLACKRIDGE to keep the S.P.
low until the agreement concludes.
I hate to wonder if that is true , but it would per-
fectly explain Pershing Management's Abject
Refusal to properly support the Share Price .
Ya gotta wonder about hijinks, shenanigans &
funny business. .. ALWAYS ! .. Life has taught
me that . . . .
Until2017
Part One of this post posited that a higher S.P.
would benefit insiders as well as external investors.
Part One argued , without proof , that sharing
the strategic plan for developing the gold mine
would support the S.P.
PART I, Post #766 :
https://investorshangout.com/post/view?id=4817202
HERE IS THE OBVIOUS FREAKIN' REASON
WHY SUPPORTING THE SHARE PRICE WOULD
BENEFIT INSIDERS :
READ THE BLACKRIDGE AGREEMENT :
https://www.pershingpm.com/news-media/press-r...ement-with
Pertinent section ( in green below ) :
Blackbridge Capital Has Agreed to Invest Up to One Million Dollars In The Company, Pending SEC Qualification of a Regulation A Filing.
April 27, 2016
RENO, NV-- 04/27/16 -- Pershing Resources Company, Inc. (the “Company”) (OTC PINK: PSGR) announced today that it has entered into a securities purchase agreement with Blackbridge Capital, LLC (“Blackbridge”). Pursuant to the terms of the agreement, Blackbridge has agreed to invest up to $1,000,000 in exchange for up to 9.9% of the Company’s outstanding common stock. The stock sale is subject to the Company filing of a Form 1-A Regulation A Offering Statement with the Securities and Exchange Commission (“SEC”), the qualification thereof by the SEC and the satisfaction of customary conditions of issuance and sale including the final pricing of the stock. The purchase price will be based on the lowest trading price of the Company’s common stock as reported on the OTC Bulletin Board, or other applicable market, during the ten (10) trading days immediately preceding the date the Company’s Form 1-A Offering Statement is qualified by the SEC.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++
So -- and this is too damned obvious to state -- a
higher share price means that less of the Company,
in absolute and percentage terms -- IS GRANTED
TO BLACKRIDGE for the MILLION DOLLAR
OUTLAY.
DUH ! ! ! !
Giving fewer shares to Blackridge, is, prima facie,
better for all investors, insiders and outsiders,
both.
Prima Facie.
Or perhaps there is a silent unspoken hidden a-
greement with BLACKRIDGE to keep the S.P.
low until the agreement concludes.
I hate to wonder if that is true , but it would per-
fectly explain Pershing Management's Abject
Refusal to properly support the Share Price .
Ya gotta wonder about hijinks, shenanigans &
funny business. .. ALWAYS ! .. Life has taught
me that . . . .
Until2017
