Levon Resources Ltd (New) LVNVF

RE:Pershing Gold

[StocksLynx]

Very good chance that Levon completed the sale of 1.8 million Pershing shares by end of August:
Aug 29 Levon announced: "pursuant to a private transaction, [Levon] has sold 1,884,810 common shares of Pershing Gold Corporation in exchange for consideration of US$3,864,158."
https://web.tmxmoney.com/article.php?newsid=7181288830983559&qm_symbol=LVN

In my calculation* Levon had 1,954,365 Pershing shares. So after the sale Levon might still have 69,555 Pershing shares.

*) Levon acquires 9.9% of Pershing Gold (35,178,572 shares)
https://www.prnewswire.com/news-releases/levon-resources-ltd-acquires-99-of-pershing-gold-279261482.html
18 to 1 reverse split:
https://www.prnewswire.com/news-releases/pershing-gold-announces-reverse-stock-split-300100980.html


BTW: Opko replied this to the SEC charge regarding Phillip Frost:
The SEC failed to provide notice of its intent to sue prior to filing the complaint, which contains serious factual inaccuracies. Had the SEC followed its own standard procedures, OPKO and Dr. Frost would gladly have provided information that would have answered a number of the SEC’s apparent questions, and filing of this lawsuit against them could have been avoided. OPKO and Dr. Frost have always prided themselves on adhering to the highest standards of financial disclosure, and they are confident that once a proper investigation is completed and the facts of the case have been fully disclosed, the matter will be resolved favorably for them.”
https://finance.yahoo.com/news/opko-comments-sec-complaint-001100832.html?guccounter=1

And honestly I believe Opko, because why should an old billionaire get involved in this fraud scheme for some peanuts...?