1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|
|
Barry Honig
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
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(a) [ ]
(b) [ ]
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3
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SEC USE ONLY
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|
|
|
4
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SOURCE OF FUNDS (See Instructions)
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|
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PF
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5
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
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|
|
[ ]
|
6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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|
|
US
|
NUMBER OF
|
7
|
SOLE VOTING POWER:
|
|
|
SHARES
|
|
|
|
|
BENEFICIALLY
|
8
|
SHARED VOTING POWER:
|
|
|
OWNED BY
|
|
|
|
|
EACH
|
9
|
SOLE DISPOSITIVE POWER:
|
|
|
REPORTING
|
|
|
|
|
PERSON
|
10
|
SHARED DISPOSITIVE POWER:
|
|
|
WITH
|
|
|
|
11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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|
|
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12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
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[_]
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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|
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25.11% (based on 310,487,641 shares of Common Stock issued and outstanding as of July 30, 2014)
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14
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TYPE OF REPORTING PERSON (See Instructions)
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|
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IN
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(1) Includes (i) 17,874,072 shares of common stock held by Mr. Honig, (ii) options to purchase 13,400,000 shares of common stock held for the account of Mr. Honig which may be exercised within 60 days, (iii) 652 shares of Series E Preferred Stock held by Mr. Honig which may be converted in to 1,956,000 shares of common stock, and (iv) warrants to purchase 1,194,164 shares of common stock. All beneficial ownership numbers and percentages exclude unvested 1,000,000 shares of the Restricted Stock Award issued to Mr. Honig on June 18, 2012 by the Issuer and which would not vest within 60 days.
(2) Includes (i) 20,350,373 shares of common stock, (ii) 6,470,225 warrants to purchase shares of common stock, and (iii) 3,611 shares of Series E Preferred Stock which may be converted in to 10,832,364 shares of common stock held by GRQ Consultants, Inc. 401K (“GRQ 401K”); 993,908 shares of common stock held by GRQ Consultants, Inc. (“GRQ Consultants”); (i) 5,187,627 shares of common stock, (ii) 2,070 shares of Series E Preferred Stock which may be converted in to 6,210,939 shares of common stock, and (iii) warrants to purchase 2,020,918 shares of common stock held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“GRQ Roth 401K”) and (i) 200,000 shares of common stock, (ii) 581 shares of Series E Preferred Stock which may be converted in to 1,743,000 shares of common stock and (iii) warrants to purchase 697,200 shares of common stock held by GRQ Consultants, Inc. Defined Benefit Plan (“GRQ Defined Plan”). Mr. Honig is the trustee of GRQ 401K, GRQ Roth 401K and GRQ Defined Plan and President of GRQ Consultants, and, in such capacity, has voting and dispositive power over the securities held by such entities.
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|
|
GRQ Consultants, Inc. 401K
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
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|
|
(a) [ ]
(b) [ ]
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3
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SEC USE ONLY
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|
|
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4
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SOURCE OF FUNDS (See Instructions)
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|
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WC
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5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
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|
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[ ]
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
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|
Florida
|
NUMBER OF
|
7
|
SOLE VOTING POWER:
|
|
|
SHARES
|
|
0
|
|
|
BENEFICIALLY
|
8
|
SHARED VOTING POWER:
|
|
|
OWNED BY
|
|
|
|
|
EACH
|
9
|
SOLE DISPOSITIVE POWER:
|
|
|
REPORTING
|
|
0
|
|
|
PERSON
|
10
|
SHARED DISPOSITIVE POWER:
|
|
|
WITH
|
|
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
|
|
|
[_]
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
|
11.49% (based on 310,487,641 shares of Common Stock issued and outstanding as of July 30, 2014)
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
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|
|
OO
|
(1) Includes (i) 20,350,373 shares of common stock, (ii) 6,470,225 warrants to purchase shares of common stock, and (iii) 3,611 shares of Series E Preferred Stock which may be converted in to 10,832,364 shares of common stock held by GRQ Consultants, Inc. 401K (“GRQ 401K”). Mr. Honig is the trustee of GRQ 401K, and, in such capacity, has voting and dispositive power over securities held by such entity.
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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|
|
GRQ Consultants, Inc.
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
|
|
|
(a) [ ]
(b) [ ]
|
3
|
SEC USE ONLY
|
|
|
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4
|
SOURCE OF FUNDS (See Instructions)
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|
|
WC
|
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
|
|
|
[ ]
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Florida
|
NUMBER OF
|
7
|
SOLE VOTING POWER:
|
|
|
SHARES
|
|
|
|
|
BENEFICIALLY
|
8
|
SHARED VOTING POWER:
|
|
|
OWNED BY
|
|
993,908 (1)
|
|
|
EACH
|
9
|
SOLE DISPOSITIVE POWER:
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|
|
REPORTING
|
|
|
|
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PERSON
|
10
|
SHARED DISPOSITIVE POWER:
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|
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WITH
|
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993,908 (1)
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11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
993,908 (1)
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
|
|
|
[_]
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
|
0.32% (based on 310,487,641 shares of Common Stock issued and outstanding as of July 30, 2014)
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
|
|
|
CO
|
(1) Includes 993,908 shares of common stock. Mr. Honig is the President of GRQ Consultants, Inc. (“GRQ Consultants”), and, in such capacity, has voting and dispositive power over the securities held by GRQ Consultants.
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|
|
GRQ Consultants, Inc. Roth 401K FBO Barry Honig
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
|
|
|
(a) [ ]
(b) [ ]
|
3
|
SEC USE ONLY
|
|
|
|
4
|
SOURCE OF FUNDS (See Instructions)
|
|
|
WC
|
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
|
|
|
[ ]
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Florida
|
NUMBER OF
|
7
|
SOLE VOTING POWER:
|
|
|
SHARES
|
|
0
|
|
|
BENEFICIALLY
|
8
|
SHARED VOTING POWER:
|
|
|
OWNED BY
|
|
|
|
|
EACH
|
9
|
SOLE DISPOSITIVE POWER:
|
|
|
REPORTING
|
|
0
|
|
|
PERSON
|
10
|
SHARED DISPOSITIVE POWER:
|
|
|
WITH
|
|
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
|
|
|
[_]
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
|
4.21% (based on 310,487,641 shares of Common Stock issued and outstanding as of July 30, 2014)
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
|
|
|
OO
|
(1) Includes (i) 5,187,627 shares of common stock, (ii) 2,070 shares of Series E Preferred Stock which may be converted in to 6,210,939 shares of common stock, and (iii) warrants to purchase 2,020,918 shares of common stock held by GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“GRQ Roth 401K”). Mr. Honig is the trustee of GRQ Roth 401K, and, in such capacity, has voting and dispositive power over securities held by such entity.
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
|
|
GRQ Consultants, Inc. Defined Benefit Plan
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
|
|
|
(a) [ ]
(b) [ ]
|
3
|
SEC USE ONLY
|
|
|
|
4
|
SOURCE OF FUNDS (See Instructions)
|
|
|
WC
|
5
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
|
|
|
[ ]
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Florida
|
NUMBER OF
|
7
|
SOLE VOTING POWER:
|
|
|
SHARES
|
|
|
|
|
BENEFICIALLY
|
8
|
SHARED VOTING POWER:
|
|
|
OWNED BY
|
|
2,640,200 (1)
|
|
|
EACH
|
9
|
SOLE DISPOSITIVE POWER:
|
|
|
REPORTING
|
|
|
|
|
PERSON
|
10
|
SHARED DISPOSITIVE POWER:
|
|
|
WITH
|
|
2,640,200 (1)
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
2,640,200 (1)
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
|
|
|
[_]
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
|
0.84% (based on 310,487,641 shares of Common Stock issued and outstanding as of July 30, 2014)
|
14
|
TYPE OF REPORTING PERSON (See Instructions)
|
|
|
OO
|
(1) Includes (i) 200,000 shares of common stock, (ii) 581 shares of Series E Preferred Stock which may be converted in to 1,743,000 shares of common stock and (iii) warrants to purchase 697,200 shares of common stock held by GRQ Consultants, Inc. Defined Benefit Plan (“GRQ Defined Plan”). Mr. Honig is the trustee of GRQ Defined Plan, and, in such capacity, has voting and dispositive power over securities held by such entity.
Item 1. Security and Issuer
The title and class of equity securities to which this Schedule 13D relates is common stock, par value $0.0001 per share (the "Common Stock"), of Pershing Gold Corporation, a Nevada corporation (the "Issuer"). The address of the principal executive offices of the Issuer is 1658 Cole Boulevard, Building 6-Suite 210, Lakewood, CO 80401.
Item 2. Identity and Background
(a) This statement is being filed by Barry Honig, GRQ Consultants, Inc. 401K (“GRQ 401K”), GRQ Consultants, Inc. (“GRQ Consultants”), GRQ Consultants, Inc. Roth 401K FBO Barry Honig (“GRQ Roth 401K”), GRQ Consultants, Inc. Defined Benefit Plan (“GRQ Defined Plan”, and collectively, the “Reporting Persons”).
(b) The Reporting Persons’ business address is 555 South Federal Highway #450, Boca Raton, FL 33432.
(c) N/A
(d) During the last five years, the Reporting Persons have not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, the Reporting Persons have not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.
(f) United States/Florida
Item 3. Source and Amount of Funds or Other Considerations
All shares were purchased with the Reporting Persons’ personal funds or working capital.
Item 4. Purpose of Transaction
All of the Issuer’s securities owned by the Reporting Persons have been acquired for investment purposes only. Except as set forth above, the Reporting Persons have no present plans or proposals that relate to or would result in any of the actions required to be described in subsections (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons may, at any time, review or reconsider their positions with respect to the Issuer and formulate plans or proposals with respect to any of such matters, but has no present intention of doing so.
Item 5. Interest in Securities of the Issuer
(a) Mr. Honig beneficially owns 89,130,790 shares or 25.11% of the Issuer’s common stock, including (i) 17,874,072 shares of common stock held by Mr. Honig, (ii) options to purchase 13,400,000 shares of common stock held for the account of Mr. Honig which may be exercised within 60 days, (iii) 652 shares of Series E Preferred Stock held by Mr. Honig which may be converted in to 1,956,000 shares of common stock, and (iv) warrants to purchase 1,194,164 shares of common stock; (i) 20,350,373 shares of common stock, (ii) 6,470,225 warrants to purchase shares of common stock, and (iii) 3,611 shares of Series E Preferred Stock which may be converted in to 10,832,364 shares of common stock held by GRQ 401K; 993,908 shares of common stock held by GRQ Consultants; (i) 5,187,627 shares of common stock, (ii) 2,070 shares of Series E Preferred Stock which may be converted in to 6,210,939 shares of common stock, and (iii) warrants to purchase 2,020,918 shares of common stock held by GRQ Roth 401K and (i) 200,000 shares of common stock, (ii) 581 shares of Series E Preferred Stock which may be converted in to 1,743,000 shares of common stock and (iii) warrants to purchase 697,200 shares of common stock held by GRQ Defined Plan. Mr. Honig is the trustee of GRQ 401K, GRQ Roth 401K and GRQ Defined Plan and President of GRQ Consultants, and, in such capacity, has voting and dispositive power over the securities held by such entities. All beneficial ownership numbers and percentages exclude unvested 1,000,000 shares of the Restricted Stock Award issued to Mr. Honig on June 18, 2012 by the Issuer and which would not vest within 60 days.
(b) Mr. Honig may be deemed to hold sole voting and dispositive power over 34,424,236 shares of the Issuer’s common stock (1) and shares voting and dispositive power over 54,706,554 shares of common stock (2).
GRQ 401K may be deemed to hold shared voting and dispositive power over (i) 20,350,373 shares of common stock, (ii) 6,470,225 warrants to purchase shares of common stock, and (iii) 3,611 shares of Series E Preferred Stock which may be converted in to 10,832,364 shares of common stock.
GRQ Consultants may be deemed to hold shared voting and dispositive power over 993,908 shares of common stock.
GRQ Roth 401K may be deemed to hold shared voting and dispositive power over (i) 5,187,627 shares of common stock, (ii) 2,070 shares of Series E Preferred Stock which may be converted in to 6,210,939 shares of common stock, and (iii) warrants to purchase 2,020,918 shares of common stock.
GRQ Defined Plan may be deemed to hold shared voting and dispositive power (i) 200,000 shares of common stock, (ii) 581 shares of Series E Preferred Stock which may be converted in to 1,743,000 shares of common stock and (iii) warrants to purchase 697,200 shares of common stock by GRQ Defined Plan.
(c) On August 11, 2014, Mr. Honig purchased 20,000 shares of the Issuer’s common stock at a price of $0.339 per share and GRQ 401K purchased 40,000 shares of the Issuer’s common stock at a price of $0.339 per share.
On August 12, 2014, GRQ Roth 401K purchased 800,000 shares of the Issuer’s common stock at a price of $0.3385 per share.
On August 19, 2014, GRQ Roth 401K purchased 300,000 shares of the Issuer’s common stock at a price of $0.329 per share.
(d) To the best knowledge of the Reporting Person, no person other than the Reporting Person has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the 87,970,790 shares of common stock reported in Item 5(a).
(e) Not applicable.
(1) Includes (i) 17,874,072 shares of common stock held by Mr. Honig, (ii) options to purchase 13,400,000 shares of common stock held for the account of Mr. Honig which may be exercised within 60 days, (iii) 652 shares of Series E Preferred Stock held by Mr. Honig which may be converted in to 1,956,000 shares of common stock, and (iv) warrants to purchase 1,194,164 shares of common stock. All beneficial ownership numbers and percentages exclude unvested 1,000,000 shares of the Restricted Stock Award issued to Mr. Honig on June 18, 2012 by the Issuer and which would not vest within 60 days.
(2) Includes (i) 20,350,373 shares of common stock, (ii) 6,470,225 warrants to purchase shares of common stock, and (iii) 3,611 shares of Series E Preferred Stock which may be converted in to 10,832,364 shares of common stock held by GRQ 401K; 993,908 shares of common stock held by GRQ Consultants; (i) 5,187,627 shares of common stock, (ii) 2,070 shares of Series E Preferred Stock which may be converted in to 6,210,939 shares of common stock, and (iii) warrants to purchase 2,020,918 shares of common stock held by GRQ Roth 401K and (i) 200,000 shares of common stock, (ii) 581 shares of Series E Preferred Stock which may be converted in to 1,743,000 shares of common stock and (iii) warrants to purchase 697,200 shares of common stock held by GRQ Defined Plan. Mr. Honig is the trustee of GRQ 401K, GRQ Roth 401K and GRQ Defined Plan and President of GRQ Consultants, and, in such capacity, has voting and dispositive power over the securities held by such entities.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Other than as described herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any securities
Item 7. Material to Be Filed as Exhibits
Exhibit
Number
|
Description
|
|
|
|
Joint Filing Agreement with GRQ Consultants, Inc. 401K, GRQ Consultants, Inc., GRQ Consultants, Inc. Roth 401K FBO Barry Honig and GRQ Consultants, Inc. Defined Benefit Plan*
|
* Previously filed
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
|
/s/ Barry Honig
|
|
|
Barry Honig
|
|
GRQ CONSULTANTS, INC. 401K
|
|
|
|
|
By:
|
/s/ Barry Honig
|
|
|
Barry Honig
|
|
GRQ CONSULTANTS, INC.
|
|
|
|
|
By:
|
/s/ Barry Honig
|
|
|
Barry Honig, President
|
|
GRQ CONSULTANTS, INC. ROTH 401K FBO BARRY HONIG
|
|
|
|
|
By:
|
/s/ Barry Honig
|
|
|
Barry Honig
|
|
GRQ CONSULTANTS, INC. DEFINED BENEFIT PLAN
|
|
|
|
|
By:
|
/s/ Barry Honig
|
|
|
Barry Honig
|
EXHIBIT INDEX
Exhibit
Number
|
Description
|
|
|
|
Joint Filing Agreement with GRQ Consultants, Inc. 401K, GRQ Consultants, Inc., GRQ Consultants, Inc. Roth 401K FBO Barry Honig and GRQ Consultants, Inc. Defined Benefit Plan *
|
* Previously filed