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Czni, I see a company having larger investors as a good thing. It shows high confidence levels, and generally those holders are less likely to sell than smaller short term investors.
The problem with PACV is not people holding shares, it is the lack of buying. There was periods last week where not a single trade happened for 1-2 hours with asks of 1+ million shares for very cheap prices under .003
I can tell you from what I know, the large holders here at PACV are longs and would never sell at these prices.
It does not matter the amount of equity you have in a company, we are all in this together and have the same interests- to help PACV continue to grow and be a successful force.
The amount you choose to invest is a personal choice, and should never be compared to others. This can be dangerous, do not let emotions or regrets drive your choices!
That will not be happening here. With over 200 days of watching PACV grow and getting to know how they operate, I know what the true value is. I have more confidence now than at any other point of this journey.
Keep your eyes peeled these next few days.. The time is nearing.
PACV- The PR from December 18, 2019 announced the closing, the official date is December 17, 2019. The amended date is different.
"Item 2.01 Completion of Acquisition or Disposition of Assets.
Pacific Ventures Group Inc. (the “Company”) completed the acquisition of the assets of Seaport Meat Company from PNC Inc. (the “Seller”) on December 17, 2019. "
90 days from December 17, 2019 would be Monday March 16, 2020. In the signed agreement of the acquisition closing, the " buyer and seller " make a financial exchange.
The company will nearly be forced to provide news here, very soon.
PACV - The stock for patient investors. With so many events and such strong growth other the past few months, when the updates start rolling out, and the common concerns of PACV stock are addressed, this price of .003 will have people in regret for not buying all they could.
I have added around 17 million shares total since August 2019, and they are not going back into the public anytime soon.
PACV is 1 of 2 pink sheets that I have ever invested in.
PACV - A person, group, and/or organization; possibly in connection with the company itself; is controlling this stocks price.
I ran a few tests of this theory over the past few days. Large bids of 1-3 million around the low .002's and large asks of 1-3 million put a ceiling around the .003's
I wanted to see if the stock was deliberately being held back from shareholders naming their own ask price. It seems this "group" puts an ask price around .003 with share lots of up to 2.5 million, knowing there is not enough demand to absorb those and move past.
Since Monday, I have added 2.3 million shares to my current position to help test this theory. I made just over 20 trades yesterday and today to experiment. Long story short, this person, organization, or insiders of some sort are keeping this price down intentionally.
So why would they sell any shares at this price if the value is much higher? Well, keep in mind someone is also purchasing shares low .002's in the 1-3 million range.
.0025 to .003+ can make someone a small profit. However, this person also removed their remaining 1.5 million shares for sale after I bought 600k of them. They never sold, it was cancelled. There was a few hits of around 10k and 20k sells but nothing significant until 600k, as if they never expected to sell the whole ask.
Hate to say it, other than a few small players of 10-20k shares, it does not seem like we have many larger holders outside of the 5% + owners.
The only thing really holding this back is buyers. Once those 1-3 million ask walls break the stock has no ceiling.
New post from San Diego Farmers Outlet
https://www.facebook.com/139063022808030/posts/2885686041479034
https://sandiegofarmersoutlet.com/blog/
SDFO
8 hours ago
" At Farmers we care about providing nutrition to you and your families. The best defense against illness, besides hand washing, is a healthy diet fueled by fresh fruits and vegetables. We have what can heal you! Come see us. "
PACV
LOS ANGELES, CA – Accesswire - Pacific Ventures Group, Inc. (OTC: PACV), a food and beverage holding company specializing in the distribution of consumer food, beverage and alcohol-related products, is pleased provide an update and strategic plan on its recently closed acquisition of Seaport Meat Company.
Pacific Ventures Group entered 2020 with a larger customer base, expanded range of products, an expanded network of retail and institutional accounts and an expected annual revenue base of $33 million.
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.
While Seaport Meat Company (“SMC”) has been focused on its own manufacturing of custom processed beef, pork, chicken, lamb, veal and seafood and its distribution, primarily in southern California, over the past 30 years, there are opportunities for increased food product distribution. SMC generated approximately $28 million revenue in 2019.
SnöBar is a line of alcohol infused ice cream and ice-pops that initially launched in Arizona in 2013 and are available in liquor stores, restaurants and in grocery stores in specially branded freezers. Each serving of SnoBar’s ice cream and ice-pops features the equivalency of a full serving of alcohol. The Company is in midst of expanding SnoBar.
Ms. Shannon Masjedi, Pacific Venture Group’s Chief Executive Officer, commented, “We are pleased to have exited 2019 with the closing of our Seaport Meat Company acquisition. We now have a more significant food distribution platform to build upon in 2020 and beyond as we target at least 10% organic growth and seek additional acquisitions for geographic or food segment growth. Our team is already integrating the businesses to achieve operating efficiencies and identifying revenue growth opportunities that include, but are not limited to increasing distribution points for each business, produce, dairy, meat, seafood and all other restaurant supplies.”
Masjedi, continued,” We recognize that each distribution network can benefit from carrying and delivering additional food to its end customers, so that one plus one equals more than two. For example, SnoBar can now benefit from the increased distribution of both San Diego Farmers Outlet and Seaport Meat Company. Additionally, we believe Seaport Meat Company has experienced more demand than they can meet, so we have committed to increased inventory purchasing to meet such demand.”
Reaffirm this again PACV
https://pacvgroup.com/2019/08/07/pacific-ventures-group-reaffirms-no-reverse-split/
Lets be honest, most people are adding heavy on "corona stocks" and just about every other public company on the planet is taking hits.
PACV knows what they are doing, and playing smart.
No dilution, No splits, No convertible notes, and the company is working on a large project.
Heavy loading between .0025 and .003 for several months, with huge support and resistance. Seems to me this is intentional.
I expect a more detailed PR early next week; PACV has done this before
PCTL - Demand is imminent, a point these units will need additional production on a much larger scale; and fast.
Funding sources coming soon? Partnership or added manufacturing sites?
Investors here need to prepare. The most significant news PCTL will have seen to date will be next week, possibly starting Monday.
PACV - 1 investor alone added 32% of today's volume with just $3,000.
Marketing needs helps!
-Adopt an investor relations team that actually markets the company
-Utilize social media for smaller progress reports
It is great they are internally spreading news of the company but it needs to be made public and available to shareholders, and most importantly, POTENTIAL investors.
We also need to understand the global "catastrophe" currently in the market is very much effecting ALL stocks.
PACV - I will happily file a 13d if shares keep selling at .0025
Watch closely, it's not hard to see what is happening here.
Their subsidiary websites and social media pages have not been updated (of any significance) since last fall. Customer reviews compiled from several platforms have also declined, almost completely.
In addition, PACV has been very quiet since last fall, and very little definitive news/updates on their progress. They also initiated a reverse split back in November and filed in December. This has now expired and no words have been spoken of it.
While this may seem like a red flag on first impression, PACV is actually thriving and growing rapidly behind the curtains. Sounds to me like they are merging / integrating their holdings / subsidiaries, a part of a massive expansion.
Once this goes into effect, the web platforms will resume along with re-scripting and design changes. A larger audience of customers and extended or possibly national distribution of produce/grocery on a wholesale level. Think of this as a "makeover".
PACV powerhouse subsidiaries - Estimate $32 million in revenue for 2020
https://sandiegofarmersoutlet.com/
http://www.seaportmeat.com/
https://snobarcocktails.com/
Estimates and speculations.
Never for a moment did I think PACV pps would rise from this update.
For those who put their hearts and money in PACV for long term growth, this news is wonderful. For those who just want to make a quick flip overnight on "the big update", this was not what you were expecting, and likely sold all equity to the bids.
After running a thorough analysis of the past 12 months SEC filings, pros and cons, assets and liabilities, revenue and expenses, etc..
Any price under .01 is considered undervalued. Once current/amended financials reflect recent acquisitions and other company changes,
under .06 will be considered under value.
Many similar stocks are trading at x2 or x3 the companies TTM revenue.
PACV
Current cap 1.6 m ( 0.0034 PPS )
Last reported 1y revenue 5 m
Estimate / expected 1y revenue (post acquisitions / expansions) 32 m
Appropriate current market value 10 m ( 0.02 PPS )
Appropriate post acquisition / expansion market value 60 m ( 0.12 PPS )
PACV is structured around long term investing. PR and updates are not pumped out to sustain market value or please impatient quick flippers. The board members want PACV to grow and be successful as should their shareholders.
Patience is #1 for companies in their early stages of growth.
PACV - This small update may be overlooked by many, but its importance is significant. No remaining convertible notes to prevent equity dilution.
"We look forward to keeping our shareholders and the Wall Street community updated as the company continues to integrate its recent acquisition, improve its efficiencies and identify organic and acquisitive opportunities for growth."
Of course shareholders want more current information. PACV has a plan, there are reasons the common questions are not being answered publicly.
That was a response from PACV investor team. There are select reasons they would not need to amend the closing 8k; not actually sure on this one.
I do believe tomorrow, Monday March 9, 2020 marks 90 days from the closing and generally a few events (financially) take place on the buyers behalf after an acquisition.
https://www.sec.gov/Archives/edgar/data/882800/000149315219019562/ex10.htm
PACV -
Q "When is the amended 8k due for release?"
A "There is no 8k due"
PACV is for patient investors looking for a long term growth.
Load up and let it ride.
Short terms will sell off around .005 - .008 for a nice x2 or x3 gain.
Long term after adjusted revenues I could not see selling for less than .13
Estimates and speculations.
Many people are watching PACV, but not buying. PACV is watching too. We need buyers.
Considering the strong holders would not list any lots for sale anywhere near this low, the low asks need soaked up. Once they are gone, those holders will release at a more practical value much closer to the companies real value.
PACV is doing much more behind the scenes than most of the public knows about.
This week will see light.
Estimates and speculations only.
PACV-
As of the date of this Quarterly Report, 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.
Snöbar Holdings is the trustor and sole beneficiary of the Trust.
The Trust owns 100% of the shares of IPIC.
IPIC is the owner of liquor licenses and the trade name “SnöBar” and is in the business of selling and distributing alcohol-infused ice creams and ice-pops through its distributors.
Snöbar Holdings also owns 99.9% of the shares of MGD.
MGD is in the business of selling and leasing freezers and providing marketing services. As a matter of law, IPIC may not be engaged in any business similar to MGD.
As a result of the foregoing, Snöbar Holdings is the beneficiary of all assets, liabilities and any income
received from the business of IPIC through the Trust and is the parent company of MGD.
We plan to expand Snöbar production and distribution by partnering with third-party manufacturers and co-packers, and with third-party
distributors that can sell Snöbar products to high-end restaurants, resorts, cruise lines and hotels worldwide.
Initially, the focus will be on establishing major accounts in four core markets consisting of Southern California, Phoenix, Las Vegas and Miami.
The larger vision is to sell products in grocery stores such as Kroger, Wal-Mart and others, and thereafter to begin a national marketing program to all
U.S. retailers
Market and Strategy
SDFO covers a large market area servicing Los Angeles, Orange County and San Diego, which we have estimated to be a $2.5 billion addressable market.
Unlike some larger distributors who make their customers receive products on a day and time convenient to the distributor,
SDFO delivers daily and pays attention to what the customer wants.
Farmers Outlet added products to meet the needs of restaurants,
Hotels, Clubs and bars, Resorts, food trucks and caterers. Free delivery was added to demonstrate that Farmers Outlet had customers
interest first in mind.
Farmers Outlet provides a wide array of products to serve customers of all types. However, they do have a niche in providing
fresh produce and food products. Farmers Outlet provides specialty produce that the larger distributors do not carry on a daily basis.
Since this report, the addition of Seaport Meat Company will allow expanded range of distribution and variety to the customers.
Regarding your PM, I am not. Sorry! However looking back at his closing statement about PACV- I agree and have said before; they are weaning off the daily and quick flippers so strong investors can accumulate.
Initiate a RS during Seaport acquisition / SnoBar expansion - "good way to scare off those jumpers, and lets not feed them any updates until most of them are gone so we can allow our large holders to prosper faster from the lack of asks. "
Jumpers do not like quiet companies. Generally, neither do I.
PACV - I made initial investments back last July and August during a rollout of OS and continue to watch them very closely.
Anything below .003 triggers auto buys for my accounts. I hold a respective portion of shares in PACV and will continue to add.
Investors need to understand, even at the price of .01 the market value would barely be at the pre-acquisition revenue. The support line is huge even with the lack of updates and filings for a reason..
Sure it is frustrating for the public to not know the companies current status. PACV likes to bundle their large updates and release 1 after several weeks, opposed to smaller and more frequent ones every week.
This is not your typical hyped up penny stock.. It is a very good sign PACV does not pump. The team is very busy and working on some massive projects all at once. The update will come, be ready for when it does.
PACV Re-launch of SnoBar, integration of Seaport Meat and SD Farmers Market, expanded shipping of products, updates to company profiles and websites, amended 8k, no reverse split, additional acquisitions.
Market Value 2 m
Estimate before revenue 5 m
Estimate after revenue 35 m
Average companies trade above revenue, some 2x or 3x and higher.
A potential market value of 50 million +
A potential bid @ 0.003 of 3.3 m shares for $10,000 would result in $347,000 at the potential market value.
Current P/S and S/S very appealing. Heavy support and dry volumes. Large holders/insiders.
These are estimates and speculations only.
Chesapeake Group is working with PCTL and on their behalf made personal calls to those who called in during the conference.
The team at Chesapeake is fantastic and Russ will carry a 1 hour conversation with you. Very informative and great sense of humor.
My confidence in PCTL is totally restored after recent talks.
It is their (PCTL) date, straight from the conference call. April 13th and 15th are mentioned.
End of March for UK documents, I believe April 13 for 10k and April 15 for a progress report was mentioned.
There are already several companies much more established than PCTL with the same Hypochlorous acid units. They are not exactly the same, and my hopes are PCTL can tailor the app to be more user friendly and reiterate the patents on it.
I am impressed with the support levels of PCTL during these times of market turmoil; a massive over-reaction to a "new" virus that is killing far less people than common influenza and literally oxygen.
A few days ago I mentioned why my confidence level is very low in the stock markets. DOW is now -3000 since I said that, and here PCTL is holding surprisingly strong.
It was the first lot of Pctl that I sold in over 3 months, 1.5m shares bought at .0019 sold at .012 is a bit more than beer money.
I still have shares and will trickle more into my accounts over time. Pctl and Pacv are the only 2 pink sheets I have made investments in since 2018, and there are reasons for it.
Do not be mistaken, I want Pctl to grow and gain value long term. I am just far to concerned with the next 1-4 weeks of events. Once the dust settles and the spreadsheet matches my confidence again, I will make large bids for the long term.
It's already -16% since I sold so Ill be just fine on re-entry, after it bleeds some more of course. I have confidence in the future of Pctl, just not at this current moment.
We need more definitive results before the market value will go up any further.
P/S sector average means close to nothing for serious investors. As a long term investor, I want my money to be safe, and in no aspect is Pctl worth over $6 million with their current financial situation. Period.
I will check back in around 4-6 weeks after this bleeds out a bit.
I made initial investments last summer and again in November at some of the lowest points, and have not added any since. Sold nearly 80% of my lots of 1.5m before and after the call.
One of the worst shareholder updates I have ever been a part of. Unless you are completely new to Pctl, the topics discussed is old news.
The market value is actually much higher than it should be given the amount of debt and liabilities with such a small revenue pool.
They are not pursuing cannabis; agriculture is not profitable; and healthcare is the primary driver for 2020. With only 11 units in hospitals, there is minuscule revenue.
The only upside for investors from the entire call would be no planned stock splits and very little dilution.
" 19 months ago the share price was $1.50.
Something happened and it dropped off. I couldn’t find anything specifically. "
A forward stock split happened. The volume is dramatically different than it was 19 months ago.
The stock of PACV is currently stagnant. Serious investors interested in PACV are already in and buying more lows, and the small lots being sold are from the impatient daily traders.
What is happening with Pacific Ventures Group and their stock is a very rare instance in the pink sheets, and generally an amazing opportunity.
I think many will be pleasantly surprised how deep of roots PACV actually has. Produce, meat, and alcohol are 3 categories that will always be needed. However, those are far from the only 3 companies PACV is in relations with.
Think of this situation as a desert, the stock is very dry and almost unchanged from several weeks ago. When it rains, life will restore and it will be rapid.
Depends how you look at it, 470m - 570m OS.. Lets say 500m. With mostly only between 1 and 5 million volume traded daily over past 4 weeks, this tells you there are many investors holding large lots. It is best for the company to wean off the small daily traders so that the price can move higher much faster.
The reason the price is not currently rising, even with bits and pieces of public info, is that the primary questions have not been answered.
Stock split, buyback, CFO intro, audit & financials, Seaport Meat progress update, current subsidiary progress and growth reports, etc..
Once the above has been made clear to the public, you will see a very strong change in direction to the market value.
Hello, name of person you had this conversation with please. Any information discussed must be current public knowledge.
Elaborate your conclusion of "buy as many shares as you can and hold them tight, we about to take off". False manipulation attempts can bring legal issues to your front door.
Where are the financials or public statements regarding other sources of income? Must not include "we plan" or "we are working on".. etc.
Healthcare is entirely different than buying a car. There are more legal and sometimes federal restrictions along with approval within each health system.
Board members generally do not sign off thousands of dollars on a new service/system without discussing product viability, financials, and lots of paperwork.
With around 600-700 different health systems in the United States, this could take some time.
Please also understand, there will be no serious investors or growth here with a delinquent company. I admire the investors of pctl here on a small social board like ihub, however the real market movers are not on here.
I have noticed some very desperate sounding individuals here looking to make a quick flip on the next rise, and believe me, it is a huge turn off.
It's not just about the distribution of the product, it's the amount of time and testing. Gary even stated it took around 6 months just for 1 unit in 1 hospital to be approved. Claiming 900+ hospitals will have a pctl unit anytime soon is completely unrealistic given the extensive process of approval
While every investor in pctl would love for that to be true, false manipulation in attempt to boost pps is dangerous, and is extremely impractical to say millions in revenue.
Also, pctl would be many years away from having the potential to service the number of hospitals you entail.
Managers & Mods, may we please have an update to the PACV board page? The chart is dated from 2018 and the most recent articles and press release also from 2018.
https://investorshub.advfn.com/Pacific-Ventures-Group-Inc-PACV-7378/
A large portion of content is no longer accurate or missing, such as subsidiaries and acquisitions.
Thanks
On November 4, 2019, the Company’s Board of Directors unanimously approved the Reverse Split of the issued and outstanding shares of Common Stock,
including shares of Common Stock reserved for issuance, in a ratio and at a time and date to be determined by the Company’s Board of Directors,
not to exceed a one-for-five hundred (1:500) basis within ninety (90) days from the date of the filing with the SEC of the Definitive Information Statement on Schedule14C.
"Within 90 days of November 4th". This will take effect before the weekend. There will be some good news about growth and income, but this will shake some short investors.
January 24, 2020
https://sandiegofarmersoutlet.com/blog/
January 24, 2020
https://pacvgroup.com/wp-content/uploads/2020/01/PACIFIC-VENTURES-GROUP-INC-Corresp-Version-3.pdf
Currently a part of PACV
https://snobarcocktails.com/
https://sandiegofarmersoutlet.com/
Soon to be with PACV
http://www.seaportmeat.com/
Market value under 2 million? I would purchase the float. This is a long term investment. There will be some jaw drops and massive changes to the charts
Over time, of course, you will see this product in airplanes, nursing homes, schools, public bathrooms, restaurants, green houses, farms, bowling alleys, hotel/motel, and personal homes.
New facilities and acquisitions will be needed. Funding from large customers for initial orders will start taking place, and beware, large competitors will take note and make their own versions or offer a buyout on PCTL.
Over the next 3-6 months a good chunk of lingering questions will be answered and the filings will become more current to shape up the company for the big leagues.
It is time. Pacific Ventures Group; Rise and shine.
To invest in a company, i need to know a few things are certain first.
1. They have a product
2. The product has been tested and confirmed
3. The product is not already mass produced
4. The product can generate money
PCTL fulfills my interest.
In this instance it helps the directors have medical connections around the world, who also know people who know people..ect..
Can PCT save companies and hospitals money, time, and labor with their products?
Yes.
Is the current market cap reasonable given the financials and floating assets of PCT?
Yes, but it is reaching a point we will need more actual revenue before people spend too much more on pps.
I will say in the several months I have been watching this company, the DD and updates have been most fulfilling in the past 2 weeks. You can day trade or hold this stock long term, it is simply 1 of the very few pinks i can trust with my money.