Pershing Resources (PSGR)

[Until2020, formerly Until2017]

$PSGR PERSHING CONTINUES VIOLATING Reg.F.D. !!!!

https://en.wikipedia.org/wiki/Regulation_Fair_Disclosure

Regulation Fair Disclosure

Partial excerpt :

Regulation Fair Disclosure,[1] also commonly referred to as Regulation FD or Reg FD, is a regulation that was promulgated by the U.S. Securities and Exchange Commission (SEC) in August 2000.[2] The rule mandates that all publicly traded companies must disclose material information to all investors at the same time.

The regulation sought to stamp out selective disclosure, in which some investors (often large institutional investors) received market moving information before others (often smaller, individual investors).

Regulation FD fundamentally changed how companies communicate with investors by bringing more transparency and more frequent and timely communications, perhaps more than any other regulation in the history of the SEC.

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Pershing shares NON-PUBLIC information, under N.D.A.
(Non-Disclosure-Agreement) to potential new, often large,
investors, as an incentive to invest. .. Say "BlackBridge" .


Some sycophantic elitists would argue that Pershing MUST
DO SO, to get new investors. I will demolish that argument
at some future time.

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Here's the effect, Net-Net :

New and Large investors get MORE COMPLETE and
DETAILED INFORMATION, under an N.D.A., THAT IS
NOT PUBLIC, by definition.

Current, LONG-TERM - smaller - and "Loyal" investors
become discouraged, and sell out cheaply, like during the
months of December of 2017 and January of 2018.

- - - - -

NEW, and likely LARGE INVESTORS buy on the cheap,
UNRESTRIcTED SHARES, from the discouraged small
investors -- STARVED FOR INFORMATION -- who sell
to the NDA-plumped LARGE INVESTORS, stuffed-full
of detailed, NON-PUBLIC INFORMATION.


The Directors of Pershing, PERSISTENTLY STARVING
Long-Time Smaller investors of satisfying & detailed info-
rmation, are EFFECTIVELY CONTINUOUSLY VIOLATING
REG F.D. as long as they give PRIVATE INFORMATION
(under an N.D.A.) to NEW INVESTORS that they DENY
TO LOYAL LONG-TERM and SMALLER INVESTORS.


UNETHICAL behavior to the long-term, starved for infor-
mation, SMALL INVESTORS.


S.E.C. Action is necessary, and NOW ! ! !




Until2017