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So then you would know if Pacv does an RS to trade on the Nasdaq, the market cap would be much higher… that means you would have a significant amount of profit.
My point is an RS in that circumstance isn’t a bad thing. Now I f an RS was done and the company stayed on the pinks then yes it would likely be a death sentence.
Who really cares about a RS if we are trading on a major exchange and at a much higher market cap?
I’d take that in a heartbeat.
Yep. PACV stated they will start the process to uplist to a major exchange. My suggestion that the exchange is the Nasdaq is imo.
“This would be a transformational acquisition and, if consummated, will catapult us to near $80 million annual revenue and enable us to be positioned to start the process of an up list to a major national U.S. exchange.”
We will benefit… if you hold shares, you will be holding them at a much higher market cap than what it is now. Also I’m assuming NASDAQ because every conversation I had with Investor Relations, NASDAQ was the exchange that Shannon preferred to trade on.
I like how there’s are going to bypass the otcqb and QX. Good solid move and I think they must have some investors lined up.
Great news. All is still on track and Nasdaq is in our near future. We will also be getting more news regularly, starting now. There will be a chase at some point.
Better than a RS
Interesting! Side note... folks have to make the best decisions for themselves (100%), and I think the ones who panic sold this morning were a bit hasty; I hope they don't have to buy higher.
All in my opinion of course.
From these levels in my opinion, yes.
It is comforting to know that the owners of the new acquisition will receive common stock... PACV would have had to demonstrate the value and a plan for the pps in the DD purchase process. Those owners dont want to be diluted.
Keep in mind this acquisition does $40m on its own and is the pivotal component to PACVs online meat sales.
PACV will instantly become a $80m company with even more future revenue from its online business.
It will also have less debt as a result of the settlement.
We should be fine here - in my opinion.
I think that scenario is likely. We really should be seeing a PR update by now.
Outer and lower BBs tightening with the pps touching upper BB. The chart is primed for a breakout, even w/out news.imo
Good to see a steady holding pattern. We are primed to launch from here, especially with transformational news! I still think this stock will be a zip code changer for some, IMO of course.
Shannon is working hard and wants a successful company and stock. She’s after sustainability of a healthy stock price, and isn’t focused on helping flippers. I wouldn’t be surprised if she got a big investor or two to get involved, and maybe even help clear debt. Imo when news releases it’ll be hard hitting and consistent from here on out.
All imo
This is great news Wake. Undoubtedly just some of what they have been doing behind the scenes. Mega update coming.
Is that what’s happening?
Indeed! Given this delay in news, I’m thinking it’s bigger than what we are thinking.
Yep. I think they didn’t want the latest round of dilution to affect the next run up.
Agreed. In my opinion of course ;)
Good place to start before the updates start to roll in.
The deals, updates, and clarity on SS should send us flying.
Lots of companies who have much less than we do are flying much higher because they essentially release updates.
I'm bathing in red too. It takes time to build a company.
Shannon pulled off acquiring a $40m+ per year company and is about to add another $40m.
Has a real chance of competing with Omaha Steaks, which is what will ultimately draw the big-time investors in.
She doesn't pump the stock to get the price up like most pinkies.
Her TA is completely ungagged, and reports SS every week, which is a very rare thing
She is hell bent on getting off of the pinks and having a $100m company, this year.
The pps and marketcap suck and don't reflect the value of this stock.
Make no mistake about it though, the current state of pps has no bearing on what Shannon has done and will do.
AND, I feel your pain.
We gewd
https://snobarcocktails.com/ is also down
It’s coming. And I think it’s big.
Here with yah buddy.
I am surprised they have not yet released an update by now. My guess is they are first waiting for something to materialize; only a guess.
That would be nice! Thanks for sharing!
There was a time when the company put out PRs mostly on Thursdays.
I wouldn't be surprised to see us get one tomorrow.
I think so too.
yep-This means the acquisition of the $40m TX disty is definitely still on track.
My gut tells me the deal will be signed any day now.
https://medium.com/authority-magazine/women-of-the-c-suite-shannon-masjedi-of-pacific-ventures-group-on-the-five-things-you-need-to-a2fb7d0fe0a8
Not news. Just sharing an article that was released today.
I strongly believe so. I’ve been here for around that long as well. Looking at the action on level two the past few weeks actually, leading up to last Friday, I can see similarities to our last run to $.10 plus.
I think this run will be different though, as the company intends to maintain a higher share price this time around.
Not likely. Buckle up for a ride.
18m t-trade at .00106! Sticking to my hunch that they are getting rid of the D first so they can work on share price.
Next week should be very interesting!
18m t-trade at .00106! Sticking to my hunch that they are getting rid of the D first so they can work on share price.
Next week should be very interesting!
Retail selling down here... folks will be kicking themselves imo.
No way will the marketcap stay this low imo.
I think you are spot on here. As I type a 5.5m trade goes through at .00106
Mass accumulation and these asks will disappear when we get going.
Just a matter of time now; strong hunch.
I agree and these prices won't last long.