$PSGR With respect to a earlier Pershing Resources
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Posted On: 01/04/2018 10:12:07 AM
$PSGR With respect to a earlier Pershing Resources Press Release, take a look at SEC Regulation A, Form 1-A Tier Two Offering. You can do a quick search and then review the paperwork.
Pershing Resources has stated that the 2016 audit SHOULD have been completed by December 31, 2017 and the 2017 audit SHOULD be completed by the end of the 1st quarter of 2017. The TIER TWO offering allows up to $50 Million in securities to be offered by the company.
Currently, the company is NOT worth anywhere close to $50 Million. The Blackridge investment, when completed, was alleged to be $1 Million based upon several requirements (we still don't know the status of this transaction).
Is Pershing Resources FINALLY getting ready to start work at its properties /OR/ is the December Press Release just another stalling tactic?
Over the years investors have read many Pershing Resources Press Releases that APPEARED to indicate serious progress was being made towards extraction of precious metals ores AND production of a marketable product (Gold, for example). For 20 PLUS YEARS, nothing of substance has been produced.
What does the filing of the Regulation A, Form 1-A Tier Two Offering Statement guaranty? Frankly, nothing to the current or long term holder of PSGR PENNY STOCK. It does create another Rah-Rah period through the end of the 1st Quarter for some.
I am POSITIVE that investors still need SUBSTANCE and NOT WORDS.
Pershing Resources has stated that the 2016 audit SHOULD have been completed by December 31, 2017 and the 2017 audit SHOULD be completed by the end of the 1st quarter of 2017. The TIER TWO offering allows up to $50 Million in securities to be offered by the company.
Currently, the company is NOT worth anywhere close to $50 Million. The Blackridge investment, when completed, was alleged to be $1 Million based upon several requirements (we still don't know the status of this transaction).
Is Pershing Resources FINALLY getting ready to start work at its properties /OR/ is the December Press Release just another stalling tactic?
Over the years investors have read many Pershing Resources Press Releases that APPEARED to indicate serious progress was being made towards extraction of precious metals ores AND production of a marketable product (Gold, for example). For 20 PLUS YEARS, nothing of substance has been produced.
What does the filing of the Regulation A, Form 1-A Tier Two Offering Statement guaranty? Frankly, nothing to the current or long term holder of PSGR PENNY STOCK. It does create another Rah-Rah period through the end of the 1st Quarter for some.
I am POSITIVE that investors still need SUBSTANCE and NOT WORDS.
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