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Yeah instead they lied to investors and kept them in the dark. I would not be surprised to see a lawsuit is all I am saying. Be careful all.
Yeah instead they lied to investors and kept them in the dark. I would not be surprised to see a lawsuit is all I am saying. Be careful all.
Company Reaffirms no reverse split on 08-7-2019, link below
https://finance.yahoo.com/news/pacific-ventures-group-reaffirms-no-153453780.html
Company approves reverse split after lying to investors stating no reverse split would take place. 11-14-2019, link below
https://www.sec.gov/Archives/edgar/data/882800/000121390018015354/pre14c1118_pacificventures.htm
I like how the company lied to investors and said no reverse split. Then less than 30 days later approved a reverse split. Now they implemented the reverse split. Give it 6 months there will probably be an investigation into this and a lawsuit against the company for clearly lying to investors. Sorry for all who are affected they could have handled this much better. Sad to be honest. Investors get screwed over too many times by companies like this who clearly do not care about shareholder value. All they care about is lining their own pockets.
agreed flippers and MM shorting. Check the short report
we are getting the buying in chunks at a time. Now much left to .001s now. Once those are broke this should climb pretty fast imo.
bids just keep coming in also. Stacked large.
I am not worried in the slightest. They have more to cover. Shorting at these levels is the same thing as plunging a dagger in their heart. Not wise. We will see a correction upwards.
idk over 380 million shares short in 5 days
Not counting the clear as day shorting done today. Shes ready to climb
LOL right? good point. He found value at .0022 for a reason just like so many others have. I believe this is due for a correction way over .0022. I personally think .01 is coming myself but only time can tell so place your bets and lets see what happens!
Bids are moving up because they are not getting filled while new bids are pouring in. Extremely bullish.
market makers imo who are extremely short and having trouble covering. Same thing happened with pctl.
Right? Pretty soon we will see a 7 million bid at .0009 as this continues to build the pressure. going to fly imo once the buying frenzy starts.
otcshortreport and shortvolume. Daily shorting which is most likely Market Makers but it signals they are short ALOT and eventually have to cover. It is signaling that they are stuck so they keep trying to drop it down. At these levels the support is massive however so they have hit a wall. 398 million in short volume in the last 5 days alone.... Even if half has covered that is a ton of short volume. They are struggling hard right now. Should get interesting. I suspect a possible short squeeze coming soon.
wonder if insiders are the block buys today
Market Makers shorting is a powerful thing. But even they eventually have to cover. 92.99 million short volume yesterday alone. Buy and hold and check the short report. You will see what is brewing. Same thing happened to other stocks I watch including pctl when it flew it traded this same way before it rocketed to new 52 week highs.
I do not believe it is dilution
Market Makers are trying to shake shares. Check the short volume. They are in deep. After this today this could potentially rocket when Market Makers are forced to cover.
https://www.shortvolume.com/
The more it dips. Insiders buy more!
I wonder if any insider purchasing is going on today at these super low prices. I would not be surprised to see a lot of that purchasing on the ask come in as insider buying in the next 5 days.
Growing I seen it up to 28 million before the .0008s came back in
These .0009's arent lasting long they keep getting scooped up fast! going to fly from here. Short volume is insane here. Could be a ten bagger from these .0009s imo in the coming weeks.
Right? They claim that the share price will go up in recent pr and no reverse split. Stating they care about shareholder value then they authorize 3 billion shares.
Right? And hes probably buying more at these levels or is going to and just has not reported yet. I suspect more insider buying to come soon
With the ceo buying since above 20 cents a share it really makes you wonder where this could top off at before it starts the retract
Anyone else seeing the 56.12 million short volume today. Market makers are still trying to hold this down. They keep it up they will sling shot this thing higher.
Sharky is a great sign, but when you see I_like_bb_stock even better, hes kinda like a legend. Cheers mates hope everyone stays safe during this crisis. Good to see you both.
Sharky is here you know you found a good pick when he shows up. Cheers mate
If you look alot of companies are late right now. Lockdowns have changed alot. Most government facilities are closed as well which delays things in normal everyday businesses
I would not be surprised if he was buying shares today with the giant chunks being scooped up
If you are hoping to fill a lower bid good luck. Between the ceo and the new insider scooping up millions of shares this float is going to lock up.
Seems if people want them they are going to have to pay more. Floats locking up. Big things ahead here to be loaded anything under .0015 is a blessing
Seems you guys are right floats locking up maybe they are done selling shares.
Y'all turned me into a believer. Seems the dumping may be done. Only 2,215,000 shares but seems dumping has stopped and also if an insider is buying 25,000,000 shares I suppose I'll give it a shot. Medium to long.
To make things clear I believe in this company alot. I just do not agree with them selling shares this low. They know the float is tightening up and the dump. I wish they didnt. Then this would be a .03-.04 cent stock in months imo. Deffinately has some steam to it. I wish all shareholders here the best. If everything holds well I am a buyer as well. I am sure alot of others are also.
I suppose if you want to do personal attacks on people for having their own opinions you can since you are a moderator and above the investorshub law.
Shes gapping down. Sad the company could have handled this way better instead of diluting to shareholders. Instead the are late on filings get flagged on otcmarkets and dilute 100's of millions of shares to show much much they care for shareholders.
I'm worried .0007 might come again maybe lower. The outstanding shares is uneven numbers like they had to report right in the middle of dumping. I was hoping they would be smart and let the float lock up and go higher before they decided to sell shares. Now idk how they are going to keep otcqb considering they are dumping at these levels. Could be pink here soon which would be really bad for this company
That means the outstanding shares was increased by nearly 75%. And they have more shares to dump. By the time it's done and 740,000 are done the 90ish million that started will be 12%. Dilution up to 88% making it that much harder to climb and they have a delinquent sec reporting on otcmarkets detouring investors now. Gl all I hope it does climb for you all but its worrisome
Ouch idk, gl guys. That means they are diluting and buyers started to disappear yesterday while short volume stayed. Worried market makers might take it lower
Authorized shares are the shares allowed to be sold. So yes they very well could be being sold and that dilutes shareholders currently holding. Company needs to update shareholders what their plan is with all the authorized shares. Then this may fly if they actually become transparent and show no dilution. Just my opinion
The authorized shares is worrisome. With the recent volume too I believe dilution may be occuring time will tell. Hopefully everyone doesnt freak out and sell when that time comes or this could see a new 52 week low.