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both websites still down.hope pacv has some decent sales figures on seaport steaks and chicken to consumers.we could have a run here if so?imo
Yup, I agree however she is the worst of the worst. It’s unfortunate how she lured people along with promising updates for so long. I’m sure she will be involved in several lawsuits down the road!
I get you. We are all speculating. Most CEO's of OTC stocks are bums. However sometimes they are cornered where they can not do more evil. She can't reverse split this thing so the only way to sell shares at a profit is to artificially move this up by releasing news. MY opinion...
Solely based on the 8q, this company is broke and massively in debt but she sure made people think otherwise for years. I think it was someone on here or Stocktwits that mentioned Shannon was being investigated for fraud. Obviously not a very reliable source but it would certainly make sense to me.
Are you basing your opinion on the 8k release on 12/21/2023 or do you have some insider information. What specifically is she being investigated for. Can you provide links or documentation? I just can't believe that anybody agrees that there will never be news ever again. It's a stretch in my opinion. It is likely that there will be news soon the way I see it.
I don’t believe we will ever see another press release from the company. Word is Shannon is being investigated for fraud and won’t risk making matters any worse. She’s dug herself into a hole so deep she will never get out. The writing was on the wall!!
i just punched in pacific ventures group inc and cant access weobsite also.
They might not be completely ready to go live with their updated websites yet.
I have problems accessing the websites after the first try. They need to fix this bug.
nice information thanks.wonder whether pacv is sending these updated websites to all their contacts ?
Updated websites..
https://seaportsteak.com/
© 2024 Seaport Steak | Powered by Jurus Media
https://pacvgroup.com/
Pacific Ventures Group © 2024 All Rights Reserved
Well it looks like no one has shares to sell at .0001. Reverse split is not going to happen anytime soon so one way they are going to be able to unload some of their shares is by selling them at a loss and that's not going to happen either. The website is being updated now so periodically you might not be able to access the website. When I did access the website it did look recently updated or in the processes of being updated with the 2024 stamp. The other way to unload their shares is by rasing the share price artificially so we should expect a series of PR's forthcoming. JMO...
for instance pacvs could do an upate on their seaport steaks directly to consumers and their ongoing marketing plans for future growth. with the r/s situation up in the air is not helping also. meat will become scarcer in the future pacv will be in an enviable position if they make moves now.imo
Hard to believe Shannon and Marc settled the debt with shares without a plan in place to move things forward. What happens when people stop buying shares. I wonder if PACV even cares what happens to the stock anymore.
pretty much looking like nearly 600 million shares or more have been issued since the long standing o/s of 824,861,624. using .0002 price avg maybe $120,000 was raised or using .0003 avg. maybe $180,000 was raised and really not much money to have our share price destroyed with little concern for shareholders..it just amazes me why there is not any good news to raise our selling price.imo
1,378,705,624 o/s this past monday
Probably right but you never know what might happen. My question is who is buying these shares? Perhaps they know something you and I don't.
Crazy to buy at these high levels when this will likely drop like a rock after the RS.
It was deemed PACV had "defective corporate actions" on their reports, which in my opinion is fraud. PACV was filing old information that needed updated and FINRA denied the reverse split, and PACV claimed it was basically an accident.. It appears FINRA wanted signed copies from past executives (1989 - 2018) based on filed data from PACV, but that did not stop FINRA from approving the reverse split in 2020, so why now?
This 8k basically allows framework for PACV to "cure" this mistake. These type of actions would absolutely never happen on the NASDAQ, far too many attorneys that would eat PACV alive fighting lawsuits over this type of negligence.
PACV recently settled an enormous debt ( $7 million) using equity, approved a massive increase of authorized shares (800 million to 5 billion), and launched an expansion to online sales for their meat company. The CEO, in my opinion, had every intention of completing the reverse split. They have the share price down to 0.0001 with 4 billion shares to issue for debts, I thought for sure they were going to hammer this days before the split resets the structure. However, FINRA put a stop to this and now PACV is moving to plan B, which hopefully includes creating momentum with their existing structure.
This is my observation. I would absolutely NEVER trust this company ever again after the events we watched in the past 12 months.
I do believe that when FINRA approves this correction, that PACV will again file a new 14c to process the reverse split.
Is the RS canceled as per 8K the other day?
All part of the scam! Good question for Shannon Masjedi who lives an incredibly lavish lifestyle. Odd isn’t it.
Nearly 3 years since this was released. How about a end of year/new year update????
https://pacvgroup.com/pacific-ventures-group-provides-strategic-plan-and-synergies-for-its-recent-acquisition-of-seaport-meat-company/
So, how have they been able to do the last RS? Looks like FINRA refused to file RS based on incorrect company filing of insiders?
Why leave the RS hanging over shareholders head. You either are or your are not. If not, let shareholders know. CEO is a real piece of work. Best thing that could happen for t his company is she step down and allow someone competent enough to manage and run this business operation.
It is a possibility.
What will the reverse split be, anyone?? Tia
It is possible that FINRA bursts their bubble and denies the Reverse split. Don't they have a 90 day window from filing, to get the RS done?
What a POS .0001's coming up tomorrow. Then no bid and R/S and back to .0001
not sure what steaks you purchased online pacv but if it was filet mignon our pricing blows away what meriweather farms,wyoming offers hormone free as they advertise on steve bannons warroom[rav].so with the right advertising seaport steaks should take off .bigly. appears there is a sizable market for online quality
steaks?imo
https://meriwetherfarms.com/products/filet-mignon-box?variant=47461996232981
pacv seaport steak pricing for filet mignon
https://seaportsteak.com/product/us-domestic-choice-filet-mignon-8-10-ounces/
Enjoy, doc
Thanks for sharing.
Got a nice personal thank you email from Aden Masjedi an account rep at Seaport Steaks. I also got my order of meat and seafood delivered. It was well packed, still quite frozen and came in a nice insulated bag with a zipper. It will come in handy keeping food hot/cold.
Apparently I was pretty early in line placing an order from the public platform. I'll let you guys know how the food cooks up.
The company is 26 million in debt and is run by the most useless piece of shit CEO on the planet. Even if you think the .0002 is a deal it’s not. She will reverse split and your shares will be worth way less. Invest elsewhere, Shannon Masjedi is a scam artist and will be sued big time for her lies!!!
Yeah, I confirmed Chesapeake hasn't been working with PACV since the summer. PACV didn't give them much to work with.
CEO Shannon Masjedi: Dwindling Fortunes and Failed Promises
CEO Shannon Masjedi's $9.2 million shares for Trillium Partners face weak demand, priced at $0.0002-$0.0003. If shares drop to $0.0001, a reverse stock split, filed on 08/25/23, is likely. This could further reduce the price per share (pps), trapping Masjedi in a cycle of discount share issuance in a demand-less market.
Masjedi's unmet promises of acquisitions, transparency, and uplisting have eroded shareholder trust, as evidenced by the lack of follow-through on commitments made in this press release: https://finance.yahoo.com/news/pacific-ventures-issues-shareholder-letter-133000589.html
If Masjedi eventually uplists PACV, after diluting many out of ownership, I plan to take a significant short position, expecting her to repeat past failures.
Additionally, Masjedi's recent disengagement with another Investor Relations firm, without shareholder communication, further demonstrates her questionable governance.
Sincerely,
A long-time shareholder, enduring value erosion and averaging down post-reverse split.
No bid more likely unfortunately.
if true thats hugh?
National tv and radio commercials
" LA vegan restaurants are putting meat back on the menu"
https://www.sfgate.com/la/article/vegan-restaurants-adding-meat-los-angeles-18527772.php
I'm not in their local TV market but I doubt it.
todays press release is linked directly to the pacific venture group inc website
https://pacvgroup.com/pacific-ventures-seaport-meat-company-launches-direct-to-customer-online-sales-platform/
I am going on an assumption there is a parent/holding company subsidiary and another subsidiary situation going on. Be nice if anyone could get a clarification from PACV management.
scroll down to bottom page address for seaport steak same for snobar and pacv 117 W. 9th St,
Los Angeles CA 90015
https://seaportsteak.com/shop/
Wrong company! They are not affiliated with PACV, at all. Call them and they will tell you what they told me, last Summer when someone posted the same link!
SEAPORT STEAK to order here. FREE SHIPPING for orders over $149.
https://seaportsteak.com/shop/
It is ok now. I placed an order for some steaks, scallops and fish. Goodness knows they could use the sales.
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