Pacific Ventures Group, Inc. (OTC: PACV) is focused on expansion within the consumer products, food, beverage and alcohol-related industries. Our strategy and focus is on finding and investing in companies poised for growth. Our company provides senior level attention throughout our partnership with individual companies. We will provide a highly disciplined process in order to maximize each company’s objective. For more information on PACV, please visit www.pacvgroup.com
PACV Subsidiaries
Seaport Meat Company ($28m revenue). Acquired on December, 2019.
“The acquired business, Seaport Meat Company, generated approximately $28 million revenue over the past year, while serving customers in California and nearby states. Seaport Meat is focused on food, frozen foods and other related products, primarily in southern California.” https://www.otcmarkets.com/filing/html?id=13808005&guid=AD-WUKL-szv_nMh
About Seaport Meat Co:
Seaport Meat Company was established in 1980 and has been owned by the Camarda Family since 1990. Prior to operating Seaport Meat Company, The Camardas owned three successful restaurants, so they know what it takes to supply your food establishment. Se Habla Espanol.
We are a “wholesale” only facility – sorry no retail sales. With over 45 employees, our HACCP-Compliant facility is a 17,000 Square foot, state-of-the-art food distribution building, constructed specifically to meet the needs of you, our customer.
Our facility is a USDA Licensed processing facility, with on-site daily inspections, which manufactures custom processed beef, pork, chicken, lamb, veal and seafood. We process over 120,000lbs of product per WEEK! We supply San Diego, Orange and Riverside Counties with wholesale food and restaurant supplies to a growing list of restaurants and food service institutions.
Our customers range from restaurants which feature Bar and Grill, Mexican, Italian, and steakhouse cuisines to institutions, schools and re-distributors. This enables us to have the purchasing power and diversification to provide our customers with a one-stop supply experience while providing the family style customer support of a locally owned, independent company.
San Diego Farmer’s outlet ($5m revenue). Acquired May 2018.
Pacific Ventures Group Buys San Diego Farmers Outlet, Inc.; Strategic Fit to Grow Company Nationwide
https://pacvgroup.com/2018/05/02/pacific-ventures-group-buys-san-diego-farmers-outlet-inc-strategic-fit-to-grow-company-nationwide/
“Since 1983, San Diego Farmers Outlet (“SDFO”) has been San Diego’s premier supplier of affordable produce, dairy products and specialty groceries for retail customers and wholesale restaurants. SDFO generated approximately $5 million revenue in 2019.”
https://pacvgroup.com/2020/01/07/pacific-ventures-group-provides-strategic-plan-and-synergies-for-its-recent-acquisition-of-seaport-meat-company/
About San Diego Farmers Outlet:
San Diego’s premier supplier of affordable fresh fruits & vegetables and specialty groceries for retail customers and wholesale restaurants.
At the San Diego’s Farmers Outlet, you can load up on fresh groceries for the week. Health-conscious eaters will love cooking with the fresh produce available here, and flock to this store for the best produce in town.
A great meal starts with a great grocery store. With a selection of trustworthy produce and exceptional goods, the San Diego Farmers Outlet will help feed you well.
The company was established and incorporated in California in 1983 by Ben and Sam who had a dream of creating their own business and a passion for fresh fruits and vegetables.
SnoBar (founded by Shannon Masjedi)
CEO Shannon and SnoBar seen on KTNV Morning Blend:
https://www.youtube.com/watch?time_continue=6&v=X5xgOOCYyxE&feature=emb_logo
CEO Shannon and SnoBar seen on FOX 5 Vegas:
https://www.youtube.com/watch?time_continue=3&v=Ww_uufDeea0&feature=emb_logo
SnoBar in the press:
https://snobarcocktails.com/press/
Status of SnoBar:
As of the date of this Quarterly Report ( September 30, 2019 ), Snöbar products are currently being sold in the east coast of United States by the Company’s distributor. The Company’s management has been actively constructing an online platform that will allow Snöbar distribution on a national level. The Company’s platform is complete and ready to “go live” and, with the aim of purchasing inventory as well as increasing sales and marketing efforts.
The Company has recently signed an agreement with a new co-packer to produce and manufacture the Snobar Product Line. The new factory will produce the Snobar Product Line for a reduced price which will allow for greater profitability for the company. The new factory has all of the necessary licensing in place required to manufacture the Snobar Product Line. The company expects to place its first order with the new copacker in early 2020. The company will launch the state of California and be looking to expand sales across the nation.
In addition, the Company is planning to offer distribution rights throughout the country which will allow the Snöbar Product Line to expand its footprint very rapidly. The distribution rights will also bring in additional revenue to the Company.
About SnoBar:
The SnöBar idea came to Shannon Masjedi one night at home while she was trying to create a special dessert. She started mixing alcohol into her ice cream to give it a little kick and voila! — an idea was born!
Shannon is no stranger to divine inspiration. It is that creativity matched with her unbridled drive that has made her into the success story she is today.
“Entrepreneurism definitely has an element of luck, but it mostly requires passion and a stalwart belief in your business or product.” her track record only proves her words true.
Clearly SnöBar, alcohol infused ice-pops and ice cream, was born out of inspiration, but it is her singular focus and diverse experience that is going to put it on the map.
Soon after her homemade trials, she teamed up with mixologists, chefs and food scientists to perfect the taste, texture and alcohol content. Made with natural ingredients and premium alcohol, there’s a full cocktail in every serving, the alcohol infused desserts are guaranteed to stimulate and please even the most sophisticated palate.
SnöBar’s three types of ice-pops, Margarita, Mojito and Cosmopolitan, replicate the distinct flavor and experience of the traditional cocktails. The Margarita ice-pop is made with premium tequila, lime and triple sec; the Cosmopolitan ice-pop is made with premium vodka, triple sec and cranberry.
SnöBar’s three types of ice-pops, Margarita, Mojito and Cosmopolitan, replicate the distinct flavor and experience of the traditional cocktails. The Margarita ice-pop is made with premium tequila, lime and triple sec; the Cosmopolitan ice-pop is made with premium vodka, triple sec and cranberry.
The superior-quality ice cream is available in the following flavors: Grasshopper, Pink Squirrel, Brandy Alexander Chocolate Chip, and Brandy Alexander. Each serving of SnöBar ice-pops and ice cream has the equivalent alcohol percentage of a full cocktail.
The demand for SnöBar has been overwhelming. Previously, consumers’ only choices were alcohol flavored ice cream, with little to no alcohol content, or to mix their favorite spirits and desserts, with disappointing results. We worked on and perfected our formula for over two years to guarantee a superior product and ensure that every bite tastes incredibly delicious.”
You can find SnoBar in its branded freezers in all outlets which sell liquor, bars, restaurants, and night clubs.
Share structure as of 03/02/2020 per OTC markets
Insiders own 116.6M Common shares
Shannon Masjedi: 40,000,000
ACD Trust, Shannon Masjedi: 65,226,901
Marc Shenkman: 11,414,000 Total insider owned: 116,640,901 Non-insider, ownership of 5% or more of common stock
Dr. Mark Gulinson and his wife Melissa: 27,750,866
SC 13G/A: https://www.otcmarkets.com/filing/html?id=13889648&guid=AD-WUKL-szv_nMh
IR Contact
Stephen Hart
StratCon Advisory
Capital Markets Advisory & Investor Relations
(917) 658-7878 ir@stratconadvisory.com
Leadership
Shannon Masjedi – CEO, President
Mrs. Masjedi was the inspiration behind a unique brand of alcohol infused ice pops and ice cream. With her extensive relationships and contacts within the alcohol, food and beverage industry she was able to penetrate the top 5 markets within the country. Shannon’s operational and logistical skills enabled for such a unique brand to be recognized as one of the most innovative brands of the alcohol industry. Mrs. Masjedi has deep rooted relationships at an executive level with nationwide distributors. This makes her and her team be a unique asset to expand brands and companies and position them for success.
Mrs. Masjedi’s ability to implement efficiencies and create new and efficient operating platforms make her a huge asset to any company and its operations.
Mrs. Masjedi studied aeronautical engineering at ASU where she obtained several pilot licenses. Shannon’s history includes a lineage of air force pilots including her father who flew Air Force 2 under the Carter and Ford administration and she carries these values and ethics into her business dealings.
Listen to Shannon speak in a podcast:
Pacific Ventures Group Inc. CEO, Shannon Masjedi, JoinsEverett Jolly on Uptick Newswire Stock Day Podcast
https://pacvgroup.com/2018/07/09/pacific-ventures-group-inc-ceo-shannon-masjedi-joins-everett-jolly-on-uptick-newswire-stock-day-podcast/
Marc Shenkman – Chairman of the Board
A graduate of the University of Vermont, Mr. Shenkman has an extensive background in the financial services industries. Marc worked in with Dean Witter and Bear Stearns trading mortgage back securities, financial futures and hedging institutional portfolios. Mr. Shenkman is currently President of Priority Financial Network. PFN is a mortgage banking company based in Calabasas, CA. Priority Financial Network originates over $1 Billion of retail mortgages in seven Western States.
Eddie Masjedi – Business Development
Mr. Masjedi began his career as a successful entrepreneur at a very young age. In 1997 he joined his father’s corporation, which at that time was one of the leading importers and exporters of raw leather goods in the world.
After his first experience in the business world, Eddie chose to further his education at Cal State Northridge University majoring in Business.
In 1990 at the height of the Express Film Developing era Mr. Masjedi purchased and operated a wholesale film-developing store in Tarzana, California which serviced the Southern California area in both the consumer and commercial areas. That business grew to over 25 employees and added a mail-order film-developing company to the already growing family corporate portfolio. This company, which Eddie built from the ground up, grew to be the largest mail-order film-developing company nationwide developing at times up to 500 rolls of film a day. The company was later sold to a large corporation, earning Eddie his first major profit.
Mr. Masjedi continued his business career by purchasing a small pen company in Azusa, California, which would later partner with leading writing instrument companies in the industry. In 1996 Eddie began to get involved in plastic manufacturing. He sought and found a local manufacturing plant which he purchased in its bankruptcy stage. Applying his entrepreneurial spirit and experience, he saw opportunity and moved the entire operation to a much larger facility. Further recognizing the plastic market’s potential, he strategically added state-of-the-art machinery to its existing line. Through vigorous and innovative marketing as well as product diversity they soon became one of the largest retail manufacturers of drinking straws in the retail market place.
Recognizing the strength of Mr. Masjedi’s company and its strong reach into the retail market his company was purchased by the largest manufacturer and distributor of paper goods in the country for a large profit.
Eddie then went in to the clothing industry and around 1999 to 2000 was one of the leading exporters of Levis jeans to Europe. Expanding on his clothing business, Eddie became involved in the start-up of Lucky Brand and Hale Bob clothing.
Throughout his career, Eddie worked in the alcohol distribution business. He was co-creator and distributor of Papas Beer. He is also responsible for creating a successful low-cost distribution service, selling and managing large quantities of beer and wine to low-end markets and retailers. Throughout his career in the alcohol industry Eddie has been involved with all aspects of the business including distribution, management and maintaining successful relationships with both vendors and customers.
Eddie speaks 4 languages and is a well-respected member of his community.
Press Releases
Pacific Ventures Group Pays Off Convertible Notes to Avoid Potential Equity Dilution