$PSGR Stupid Stupid Stupid Stephen D Plumb
This STUPID MAN should not be let in the President's
Office, let alone be the actual President of Pershing.
This STUPID PRESIDENT has obdurately and persist-
ently REFUSES to update shareholders on the results
of any GOLD OPERATIONS at his so-called mines .
Thereby guaranteeing that the price will remain low.
THIS LOOKS DELIBERATE ! ! ! !
FROM THE RECENT AUDIT ANNOUNCEMENT :
Pending the completion of the initial audit process, the Company now anticipates filing a Regulation A, Form 1-A, Tier Two Offering Statement for SEC review in the first half of 2018.
-
Pershing Resources' CEO Steve Plumb stated, "We are pleased to have completed this critical first phase of our initial audit process and, we are looking forward to the completion of the audit of our 2017 annual consolidated financial statements as we prepare for our Regulation A offering statement for filing later this year ."
-
From : https://www.pershingpm.com/news-media/press-r...nsolidated
By keeping the price low, THIS ARITHMETIC KICKS IN :
If this ¨President¨ sells 100 million shares at 2 cents Pershing gets 2 million bucks
If this ¨President¨ sells 100 million shares at 4 cents Pershing gets 4 million bucks
If this ¨President¨ sells 100 million shares at 6 cents Pershing gets 6 million bucks
If this ¨President¨ sells 100 million shares at 8 cents Pershing gets 8 million bucks
If this ¨President¨ sells 100 million shares at 10 cents Pershing gets 10 million bucks
HERE's the arithmetic for dummies :
Get the price up to TEN CENTS, and you have 2 salutary results :
(1) If you want/need 2 million bucks you only need to sell 20 Million Shares
(2) If you want/need 10 million bucks you need to sell 100 Million Shares,
thereby getting FIVE TIMES MORE CASH for the 100M share creation than
at 2 cents.
Meaning this -- if the goal is 10 million dollars and they want
that ten million at 2 cents, then they must sell 500 million shares .
THAT'S NOT GOOD, it's a lot of shares .
Or this -- if the goal is 2 million dollars and they want that two
million at 2 cents, then they must sell 100 million shares .
THAT'S NOT GOOD, also a lot of shares.
BUT IF THE DUMMY MANAGERS of PERSHING get the
share price up to TEN CENTS ONLY - - then the goals of
$10M and $2M - - results in share sales 100 million and 20
million, respectively, for those dollar amounts.
BE CLEAR, share OFFERINGS such as Regulation A, Tier
1 or Tier 2 offerings are based on the average closing share
price for some designated prior period, perhaps the previous
30 or 60 or 90 days prior to the offering date.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
It's as if the Dummy DIrectors are (i) purposefully keeping
the price low (ii) by keeping LONG-TERM retail investors
IN THE DARK -- resulting in (iii) Pershing creating TENs oF
MILLIONs of ADDITIONAL NEW SHARES than they would
have to create -- were they properly supporting the share price.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
Stupid is an accurate word for this self-defeating strategy.
NEVER UPDATING SHAREHOLDERS WITH ACCURATE
AND TIMELY OPERATIONS INFORMATION
- - - - - - - - - - - - - - - - - - - - IS A
SURE-FIRE WAY TO SUPPRESS THE SHARE PRICE ! ! !
Resulting in the creation of Many Many more shares necessarily
created for the Reg. A Tiered Offering(s) ! ! ! !
Can you spell dilution ? .. Stupid Dilution ? ?
Until2017
This STUPID MAN should not be let in the President's
Office, let alone be the actual President of Pershing.
This STUPID PRESIDENT has obdurately and persist-
ently REFUSES to update shareholders on the results
of any GOLD OPERATIONS at his so-called mines .
Thereby guaranteeing that the price will remain low.
THIS LOOKS DELIBERATE ! ! ! !
FROM THE RECENT AUDIT ANNOUNCEMENT :
Pending the completion of the initial audit process, the Company now anticipates filing a Regulation A, Form 1-A, Tier Two Offering Statement for SEC review in the first half of 2018.
-
Pershing Resources' CEO Steve Plumb stated, "We are pleased to have completed this critical first phase of our initial audit process and, we are looking forward to the completion of the audit of our 2017 annual consolidated financial statements as we prepare for our Regulation A offering statement for filing later this year ."
-
From : https://www.pershingpm.com/news-media/press-r...nsolidated
By keeping the price low, THIS ARITHMETIC KICKS IN :
If this ¨President¨ sells 100 million shares at 2 cents Pershing gets 2 million bucks
If this ¨President¨ sells 100 million shares at 4 cents Pershing gets 4 million bucks
If this ¨President¨ sells 100 million shares at 6 cents Pershing gets 6 million bucks
If this ¨President¨ sells 100 million shares at 8 cents Pershing gets 8 million bucks
If this ¨President¨ sells 100 million shares at 10 cents Pershing gets 10 million bucks
HERE's the arithmetic for dummies :
Get the price up to TEN CENTS, and you have 2 salutary results :
(1) If you want/need 2 million bucks you only need to sell 20 Million Shares
(2) If you want/need 10 million bucks you need to sell 100 Million Shares,
thereby getting FIVE TIMES MORE CASH for the 100M share creation than
at 2 cents.
Meaning this -- if the goal is 10 million dollars and they want
that ten million at 2 cents, then they must sell 500 million shares .
THAT'S NOT GOOD, it's a lot of shares .
Or this -- if the goal is 2 million dollars and they want that two
million at 2 cents, then they must sell 100 million shares .
THAT'S NOT GOOD, also a lot of shares.
BUT IF THE DUMMY MANAGERS of PERSHING get the
share price up to TEN CENTS ONLY - - then the goals of
$10M and $2M - - results in share sales 100 million and 20
million, respectively, for those dollar amounts.
BE CLEAR, share OFFERINGS such as Regulation A, Tier
1 or Tier 2 offerings are based on the average closing share
price for some designated prior period, perhaps the previous
30 or 60 or 90 days prior to the offering date.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
It's as if the Dummy DIrectors are (i) purposefully keeping
the price low (ii) by keeping LONG-TERM retail investors
IN THE DARK -- resulting in (iii) Pershing creating TENs oF
MILLIONs of ADDITIONAL NEW SHARES than they would
have to create -- were they properly supporting the share price.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
Stupid is an accurate word for this self-defeating strategy.
NEVER UPDATING SHAREHOLDERS WITH ACCURATE
AND TIMELY OPERATIONS INFORMATION
- - - - - - - - - - - - - - - - - - - - IS A
SURE-FIRE WAY TO SUPPRESS THE SHARE PRICE ! ! !
Resulting in the creation of Many Many more shares necessarily
created for the Reg. A Tiered Offering(s) ! ! ! !
Can you spell dilution ? .. Stupid Dilution ? ?
Until2017
