Ringleader in SEC complaint, Barry Honig owns >35.6%The 35.6% is from Page 4, footnote 5, of Pershing's Sept. 2018 Investor Presentation. In addition, he has been actively accumulating as recently as 8/28/18.
See Pershing website, Investor Relations, Institutional Ownership:
According to the SEC complaint, some of Honig's shares are held by an entity named GRQ Consultants, Inc. GRQ is PGLC's largest shareholder, and is listed 3 times as an Institutional Owner.
ATG Capital is owned by defendent O'Rourke. ATG is also listed as an institutional investor owning 174,999, most of which were bought in past 30 days.
There are 3 anonymous companies, A, B,& C isted in the SEC complaint. None of these appear to be PGLC. It appears Company A focussed on Biotech; Company B, on Cybersecurity Innovation; Company C focused on cancer therapies and diagnostics.
One of the defendants, John H. Ford aledgedly wrote fake articles on Seeking Alpha, to substantially aid their pump and dump. [Complaint paragraph 80]
I read the 121 paragraphs describing the schemes. I skimmed 15 claims for relief through paragraph 173. I also skimmed the remaining 4 pages of SEC's request for relief.
I found no mention or direct reference to Pershing Gold in the SEC complaint. With Honig and other defendants owning over 35% of PGLC, It's not hard to imagine they might bring selling pressure, as they meet legal expenses.
While I believe they are accurate, I make no warranties as to the accuracy of my posts. I did them out of curiousity. Do your due dilligence.
Full SEC complaint:
https://www.sec.gov/litigation/complaints/2018/comp-pr2018-182.pdf