$PSGR 92 shares traded at $0.0125 at 10:44:05 AM....it's a deluge I tell you!!! A DELUGE!!!!!! Can it get better than this????
SAD!!!!! From the 8/15/2018 Press Release:
NOTIFICATION OF LATE FILING
Name of the Issuer: Pershing Resources Company
Check One: Annual Report XX Quarterly Report
For Period Ended: 06/30/2018
Address of Principal Executive Office: Pershing Resources Company 200 South Virginia Street 8th Floor Reno, Nevada 89501
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly Report could not be filed within the prescribed time period. Extra time needed to prepare third quarter (Q3)financial statement due to material events requiring additional accounting work.
Anticipated Filing Date: [Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim Report and 15 calendar days to post an Annual Report.] Aug 22, 2018
Person to contact regarding this notification: Date: 8/15/2018 Signature: /s/ Joel Adams Name: Joel Adams Title: COO
Instructions to post Notification of Late Filing in www.OTCIQ.com: 1.Fill out this Notification of Late Filing form and convert the file to a PDF 2.Log in to www.OTCIQ.com and click “Add Financial Report” on the left hand navigation 3.Select Dissemination Date “Immediate” 4.Under Report Type, select “Notification of Late Filing” 5.Enter Period End Date corresponding to the quarter/fiscal year end date for which this Notice is being filed 6.Click “Browse” and select the PDF saved in step 1 above. 7.A preview of the document will appear next. Please make sure to review the entire document & scroll down to click the “Submit” button. Your Notification of Late Filing will appear within a few minutes on otcmarkets.com
SADDER!!!!!
From the GOLDFINE Independent Auditors Report (see entire Report in the Press Release on Pershing Resources website)
(Paragraphs from the report)
Qualified Opinion
In our opinion, except for the possible effects of the matter described in the Basis for Qualified Opinion paragraph, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Pershing Resources Company, Inc. and Subsidiary as of December 31, 2017, and the results of its operations, and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Other Matters
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has suffered recurring losses from operations including losses of $657,849 and $253,363 for the years ended December 31, 2017 and 2016, respectively, and cumulative losses of $6,348,473 as of December 31, 2017. As discussed in Note 1 to the consolidated financial statements the Company has been dependent upon equity investments and convertible debt financing to maintain its operations. These circumstances create doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
Goldfine & Co. CPA P. C. New
The above information can be referenced to make a decision on investments in Pershing Resources. Part of due diligence.
ACTIONS AND RESULTS NOT BS!!!!!!!
SAD!!!!! From the 8/15/2018 Press Release:
NOTIFICATION OF LATE FILING
Name of the Issuer: Pershing Resources Company
Check One: Annual Report XX Quarterly Report
For Period Ended: 06/30/2018
Address of Principal Executive Office: Pershing Resources Company 200 South Virginia Street 8th Floor Reno, Nevada 89501
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly Report could not be filed within the prescribed time period. Extra time needed to prepare third quarter (Q3)financial statement due to material events requiring additional accounting work.
Anticipated Filing Date: [Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim Report and 15 calendar days to post an Annual Report.] Aug 22, 2018
Person to contact regarding this notification: Date: 8/15/2018 Signature: /s/ Joel Adams Name: Joel Adams Title: COO
Instructions to post Notification of Late Filing in www.OTCIQ.com: 1.Fill out this Notification of Late Filing form and convert the file to a PDF 2.Log in to www.OTCIQ.com and click “Add Financial Report” on the left hand navigation 3.Select Dissemination Date “Immediate” 4.Under Report Type, select “Notification of Late Filing” 5.Enter Period End Date corresponding to the quarter/fiscal year end date for which this Notice is being filed 6.Click “Browse” and select the PDF saved in step 1 above. 7.A preview of the document will appear next. Please make sure to review the entire document & scroll down to click the “Submit” button. Your Notification of Late Filing will appear within a few minutes on otcmarkets.com
SADDER!!!!!
From the GOLDFINE Independent Auditors Report (see entire Report in the Press Release on Pershing Resources website)
(Paragraphs from the report)
Qualified Opinion
In our opinion, except for the possible effects of the matter described in the Basis for Qualified Opinion paragraph, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Pershing Resources Company, Inc. and Subsidiary as of December 31, 2017, and the results of its operations, and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Other Matters
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has suffered recurring losses from operations including losses of $657,849 and $253,363 for the years ended December 31, 2017 and 2016, respectively, and cumulative losses of $6,348,473 as of December 31, 2017. As discussed in Note 1 to the consolidated financial statements the Company has been dependent upon equity investments and convertible debt financing to maintain its operations. These circumstances create doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
Goldfine & Co. CPA P. C. New
The above information can be referenced to make a decision on investments in Pershing Resources. Part of due diligence.
ACTIONS AND RESULTS NOT BS!!!!!!!
