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Nothing but silence for shareholders.
was hoping pacv would support their shareholders by getting the sp much higher but not looking good here .
PACV I think tomorrow or Monday is the final day of the grace period, It may already be to late to stay on OTC services, even if some filings showup, I am not sure how this works , going from a reporting Corporation, to Expert Markets.
shareholder to pacv are you alive?
Of course the agreement is still in place, Trillium has not converted much with this volume. And with a low, ownership limitations and such a low share, conversions are pretty small.
They are probably already in default for being late in reporting.
I have said several times, they should BK
I am going to miss my money goodbye money i miss you
Bad news..
No matter what happens in the next few weeks, the CEO of PACV will never be trusted and has proven to be a terrible leader of a publicly traded company.
PACV has an agreement and court order with Trillium Partners concerning almost $10 million worth of common stock due to them for debts.
What is the status of this agreement? No idea. How much has been paid, if any, and when?
All I know is that if this court ordered agreement is still in progress, the CEO is playing a game with her companies stock.
If PACV gets delisted soon, which is days away, this agreement defaults.
I can't tell if the CEO is preparing for some sketchy market manipulation or if she is letting this default..
No matter what, Shannon is a trash person with personal bankruptcy's, horrible management skills and communication.
My opinion, of course.
https://www.sec.gov/ix?doc=/Archives/edgar/data/882800/000149315223038562/form8-k.htm
pacv o/s at 137,316,460 with about 61 million restricted. as of today 76 million tradeable shares.
137,316,460
07/08/2024
Pacific misadventures
PACV otc showing dilution, outstanding up by 17 million, unrestricted up by the same amount. Grace period over on Friday. No filings have posted.
Whats this CEO's plan? Dump into this final week and then disappear into the EM stock death
Can’t understand why they don’t file BK. With as much debt as they have, there is no other way out.
Not sure Doc , theres a new 15 day grace period attached to the Pacv profile in the Otc markets site.
Any bets on whether Shannon files in time or not? lol
PACV grace period symbol on OTC quotes, if no filings within 15 days , this goes to EM
PACV grace period symbol on OTC quotes, if no filings within 15 days , this goes to EM
Didn’t last as usual
From March. The last paragraph is beyond bizarre considering what is known publicly:
LOS ANGELES, CA / March 6, 2024 / Pacific Ventures Group, Inc. (OTC PINK:PACV) (“Pacific Ventures” or the “Company”), a food and beverage holding company specializing in the distribution of consumer food, beverage and alcohol-related products, today announced that, in furtherance of the success of its ongoing balance sheet restructuring, the Company has completed payments on its long-standing debt obligation to BNA Investment Capital, LLC and TRA Capital, LLC.
“We are excited and proud to have paid off what started out as a $400,000 debt to BNA and TRA, and it reinforces our commitment to, and the success of, our ongoing balance sheet restructuring efforts,” stated Shannon Masjedi, President and CEO of Pacific Group Ventures.The fully repaid obligation to BNA Investment Capital and TRA Capital relates to a settlement agreement that arose from litigation that began in 2020.
“Our recent successes in restructuring our balance sheet have begun to yield increased cash flow available for our operations, which, we are convinced, will place our operating subsidiaries in a more favorable posture for increasing sales.” This further prepares and aligns with the Company’s goal of moving to a higher trading platform in the near future.
Same for me for quite some time now. As far as I know no one has gotten a response recently.
I sent an email inquiry and tried to connect with the CEO on linkedin last week and no response on either yet! Total silence!
This week starts better!
PACV looking good this week. Holding 6s and 7s, not sure how long we get before a filing drops, or the quotations get pulled. Big risks = big rewards if it plays out the way I think it might. Goodluck
PACV .....It looks like a name change is most likely , could be Merging too. My guess is a run much higher than current PPS like WDLF did a while back. Too much Money involved here for the VCs to let it delist. IMHO
Hopefully soon.
When will this garbage just get delisted already?!?
PACV worse CEO in history. Shannon should be in jail. Terrible person, terrible leader, no communication, no updates, no required SEC filings, no 10k, no 10q, no 8k, years of failed promises, PACV company is crashing, debts rising, sales falling, nearly no growth in years, 1 trash update every 6 months, maybe. Its always refreshing coming back to PACV and its in worse condition every time I check in.. LOL
Not many people want to buy at the ask when for the cost of 3 Starbucks macchiatos someone can crash the stock back down 80%. Market makers are playing a game of, lets let them think this will run, build some bids, and hammer them hard with ungodly amounts of dilution sitting on the sidelines.. Good luck, make sure you quickly take any gains (if possible with pocket change volume). and run. PACV CEO is a nasty human, my opinion..
tradeable o/s this week same as last at 43.4 million
i believe we are looking at this week about 43 million trading shares that 34 million trading shares was as april 29?
60 m restricted leaves 34m trading shares on the 94m out.?
there is truth in your post i just feel pacv may be way oversold down here?
Given the debt problem wake alerts us about and the current share price something has to give. Lack of management providing clear communication to current shareholders is disturbing. No way I'd get involved as a potential new buyer. Shannon and company have given no reason to think they can turn this around yet.
i checked time and sales for the .0048-.005 trades and counted about 150k shares bought. i feel any good news pacv could give us a nice rise.imo
That would explain the trips to .005 on a handful of ask slaps
PACV lots of trouble incoming.
If anyone is wondering why no investors want PACV stock even at 0.000
take some time to read this agreement
https://www.sec.gov/ix?doc=/Archives/edgar/data/882800/000149315223038562/form8-k.htm
If PACV is struggling at 0.0009 I cant imagine when they need to issue 10 billion shares to pay these debts.
Looks like a forever death spiral with an occasional manipulated price spike to bring in new bag holders.
pacv explosion $0.0050+$0.0044(+733.33%)
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