$PSGR Technically speaking, Pershing is up-to-date on this :
https://www.pershingpm.com/news-media/press-r...ement-with
PARTIAL EXCERPT :
PERSHING RESOURCES ENTERS INTO A FUNDING AGREEMENT WITH BLACKRIDGE CAPITAL
APRIL 27, 2016
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.
The Company intends to use the proceeds of the funding to accelerate work on its projects in Kingman, Arizona and Lovelock, Nevada, and, to expand its development facility near Kingman. A significant portion of the funds will be used for construction and equipment to develop a small production mill on the Kingman development site with a proposed processing capacity of up to 20 tons per day.
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Pershing is "technically up-to-date" on this because
receipt of the Million dollars is contingent on the
Company completing goals described above. .. So
what progress has been made on the contingent
tasks ? .. PERSHING TELLS US NOTHING ! ! !
But seriously, WE ARE ALL COLLEGE-EDUCATED
ADULTS ! ! !
No update in over a year ? .. Grown men who know
their jobs, update their employers regularly.
And one might argue that the shareholders -- THE
TRUE OWNERS OF THE COMPANY -- are the em-
ployers.
Amateurs ! ! !
Until2017
https://www.pershingpm.com/news-media/press-r...ement-with
PARTIAL EXCERPT :
PERSHING RESOURCES ENTERS INTO A FUNDING AGREEMENT WITH BLACKRIDGE CAPITAL
APRIL 27, 2016
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.
The Company intends to use the proceeds of the funding to accelerate work on its projects in Kingman, Arizona and Lovelock, Nevada, and, to expand its development facility near Kingman. A significant portion of the funds will be used for construction and equipment to develop a small production mill on the Kingman development site with a proposed processing capacity of up to 20 tons per day.
////// End oF Excerpt //////
Pershing is "technically up-to-date" on this because
receipt of the Million dollars is contingent on the
Company completing goals described above. .. So
what progress has been made on the contingent
tasks ? .. PERSHING TELLS US NOTHING ! ! !
But seriously, WE ARE ALL COLLEGE-EDUCATED
ADULTS ! ! !
No update in over a year ? .. Grown men who know
their jobs, update their employers regularly.
And one might argue that the shareholders -- THE
TRUE OWNERS OF THE COMPANY -- are the em-
ployers.
Amateurs ! ! !
Until2017
