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Agreed... but of course has to move up systematically... we got 30 days (plus/minus) until 10Q (quarterly)... Hoping She does like in May and gives us aheads up.. assuming earnigns are still doing well (who knows in this climate).. and we should have Seaport Meats going online any day now.... Oh and the Alcohol ice pops too... so as I stated last friday in my post.. I believe that was the bottom (and sim to many of the other OTC that been beat down)... Time to head back up! Methodically until the hammer drops (PR).... then BOOM!! and back into the penny moves.. dime moves!!
and as a kicker.. DOW bounced huge this AM off a huge bottom at 28660...... 1000 point reversal....... so hopefully that is a somewhat bottom for now..... ALL HELPS!!
GO PACV
Struc
Yeah BABY!!..... Just starting.... Cmon SHANNON.... drop is some News!!
Struc
Next time... perhaps.... Smile!
Struc
Go time!! .... te he..... Last chance for 40s....
WEEEEEEEEEEEEE
Struc
Finally... movin up.... looks like the bottom is in! Barring any more D WORD....
Stop Bid whackin Peeps.... lol. (50s next week..... shhhh.... )
Struc
Anybody ever receive a return email from Shannon? Ive received ONE from Books... and it took like 10 days.... I sent one last week to both... hoping to at least hear from Brooks (last time he said email servers were down why took so long to respond... i sent them my comments about the presentation).
I am starting to think the Company's Quietness and lack of Anything (except adding shares) is starting to speak volumes....
And whomever made that call of the pps going into the 20s is starting to look pretty damn good! Every time I think a rebound is in effect (like last weeks move to 69...classic) we just go lower and lower.... Just would like to hear something.. anything (preferably positive) from Shannon and the Company (and not about buying EV Cars)....
Maybe this will be the week.... the bottom... lol. ( AND I LOVE HOW THE MMs JUST HOLD THESE "DILUTIVE" SHARES AND DISH THEM OUT LIKE PLAYING CARDS WHENEVER THEY FEEL LIKE IT..... BASTAGES... OF COURSE DUMPING MILLIONS AT ONE TIME ISNT ANSWER EITHER...UGH)
STRUC
Well, I am hoping the reddit crew will turn this into one monster meme stock.... lol.... think Shannon was hoping the same.... what a joke..... well good thing is these algos seem to bounce when the rsi gets around high 20s... 30.... but Ive yet to be right on this stock (well aside from the May run.. lol)...
Cmon Shannon... give us a good quality update on the Seaport deal... something that gets this train wreck back on the tracks... (and then excuse yourself as CEO... hire us a new one)
Struc
This one is about to move up..... imo
Struc
Going to run this one soon... very soon.
Struc
Looks like this one is about to run!!
Struc
Excellent bottom/reversal today...nice close.. see if this thing wont grow some legs next week.... barring anymore dilutive shares.. could/should be the bottom.
Lets go Shannon.... Give us a friggin update.... redeem yourself from that worthless presentation... perhaps could be informative this time and helpful to someone other than MMs.. (like your own Shareholders).... Doop.
Happy Friday... means happy hour.!! (the alcohol kind) MMs will dump rest their shares on the way up.. imo.
Struc
Thinking same thing... I hope you are right!! & If Peeps would stop stacking the ask... ugh! She ll go... LFG!!
A few nice Smacks and she'll get a runnin..... vroom vroom.... lol
Struc
245M/85M.... (when 45M was 35/10...plus minus) always had a very (very) low float... using them to pay debt (too much usage of late) and in the Acquisitions... wiht this last 73M of restricteds going thru.. one could make the leap (bounce... very small leap) that this latest Acquisition ... the final step... is about done.. or getting very close to done... and this portion will add some very nice add'l revs to the kitty (some projections almost double the current 50M to 100M...starting almost immed).... but IMO.. Shannon really needs to ease up on using the Stock like her own personal currency.. if she thinks she is going to do another RS right after this last Acquisition.... I think she may have a rude awakening... now if she does it to UPLISt.. Finra may allow that... I guess time will tell !!...... Lastly, I do believe... the MMs are about to run this sucker... if we can just get peeps to hold off on the Sell Party...(lol) we may actually get some nice Upward movement.... Algo train is about to take off.... woop woop... (of course i ve been wrong more than right on this one)... but IMO.. if you havent already sold on this last OS increase... no sense now.... going back over a penny very very soon....... WOO HOO..... My ramble for the day.!! GLTA.....
Need a lil ask smackin' and this will go... thin man.... love it!! but recovering at this level is also not such a bad thing....
Struc
The OS back in Sept 2021 was 45 million....... current OS is 330 million...... simple math would extract the 0.0075..... plus or minus..... (much of the increase is/was restricted...nonetheless)
Struc
75 million more added to OS...... WOW....... 330M from 255M OS......
(at least this batch all went to restricted..... 28% increase in OS)
$PACV
PACV
0,0083
Outstanding Shares Updated:
Old: 257.168.974 (2022-08-29)
New: 330.951.025 (2022-09-05)
Difference: +28.6901% (+73.782.051)
Share Structure
Market Cap Market Cap
1,980,201
09/02/2022
Authorized Shares
900,000,000
09/05/2022
Outstanding Shares
330,951,025
09/05/2022
Restricted
245,395,855
09/05/2022
Unrestricted
85,555,170 (stayed the same)
09/05/2022
Held at DTC
85,152,356
09/05/2022
This BOD is bunch clowns/idiots... I hope FINRA doesnt allow them to do another RS over next 12 months (but prob will).... they dont really need to do one... and not sure they will until Nasdaq time (one would think)... 330 mill not end of world in OTC.... but sure doesnt look like any signs of stopping! Just love how they are a bunch of LIARS..... joke!! Labor day.... if only they knew what LABOR meant..... doop.
How low will she go tomorrow and next 2 days...... HMMM.... 30%..... takes us to 55-60 cents.... ill say bounce at 60... maybe 55-57..... that other poster was dead on!!...
Struc
MMs will run it soon.. if the dilution stops (i know.. big IF) but OTC is getting hot... picking up steam... just about all the OTCs have been pushed to ridiculous lows and now they are running them.... if Shannon and marc can hold off on the BIG D machine... this has a chance.. a real solid one.... (Algo kicks in right about now..... hmmmmm) Heads or tails... lol
Struc
I wonder how much the stock would move if Shannon came out and announced a new CEO or some new BOD members... any new management? Somebody from one of those Acquisitions.. Sno bar or Seaport..... added to the Board or management... and yes, I am assuming it would be quite the positive move and hence upward movement in PPS (lol)??
Peeps were tripping to get in line on the ask this am..... nice work Shannon... maybe an update in next week or two on SnoBar and or Seaport?? Quell your nonsensical moves downward...
(however, I do think if we can whether another couple days without any huge screw up by Our Team... this could start moving up nicely... but then Ive been wrong on pretty much everything so far.... doop)
Struc
Boy, I was smart enough to sell after the 1000% run but dumb enough to buy back in way too early....lol OTC is just a never ending tutorial in manipulation and... greed.... After flipping for a year I finally hold on to one and ouchee... lol At this point, I think it is almost a guarantee they will do another RS.. once they do 1 (well 2 here)... they will do another before they move to National exchange.. IMO. May have to take the L and move on... Appears out of 16 mill added to float about 6.5-7 mill was dumped (completed/added) today and at that rate my guess is MMs will shake it down to 40-50s tomorrow dumping the other half. I think BCAT might be dead on...even much further down it will go... just too hard to trust Shannon.. I think more dumping more dilution... hate to say it. I just never thought with that much revenue and (I thought) debt that was cleaned up. thought could navigate the rest!!.. Damn, I sure was wrong on this one! Maybe some can hold on and survive.. just dont see how they Uplist without an RS down the road... hope I am wrong ... Wow....
Struc
Hey Stocky... This one is looking promising.. looks like its about to breakout!.... Think I may grab a starter in the AM....
Any Dilution occurring on this one? Ive had enough of that game for awhile.
Struc
Didnt they just do an RS in March.... I wouldnt think FINRA would allow another one so soon....(yeah....ha ha) they were shutting a bunch down.... who knows... total Scrum... ridiculous. All I can say is for 16M to come out of nowhere.. not restricted.. somebody got paid!! Gotta love the otc.... It appears that once a CEO learns how to use the RS tool and the Big D machine... it almost always comes back again... and usually more than once.
Struc
AND this last 16 M went all into the Float... doesnt appear any of them to be restricted... thats a 1st..... this is turning into a total Shi* Show.
Struc
Another 16.4 M shares..... ugh. I guess that is what started friday... dumping!! Never ends.
$PACV
PACV
0,0107
Outstanding Shares Updated:
Old: 240.749.016 (2022-08-15)
New: 257.168.974 (2022-08-29)
Difference: +6.8204% (+16.419.958)
Struc
Had a feeling this was going Sub penny right before close.... just getting better by the minute.
Close below a penny... and OTCN even moved off the ask..... I wonder how low they are going to take this.... that sucked.. .. HMMM....
Time for a shot of Tequila.... or two.....
Try again next week....lol... I wonder how much more dumping we will see.... I was hoping a penny would hold...
Struc
Awesome Deduction, WS!! I take it you have a background in Finance...!! Perhaps, you can give them (Shannon and Marc) a few pointers on how to manipulate these old (and newer) loans in a more favorable position for the Company... seems like has to be a better way than all these shares but I guess if they had dug a big enough hole (of debt) to start that they could only do so much.
The one loan (Seaport) had a balance of 3 mill in 2019 (origin.. I believe) and now its a 7.9 mill liability (remaining balance)... thats like a 170% interest rate (simple).... that one really irks me.... if I am reading that correctly!! (TCA Loan 2... I think it read)
But the OS increase from 42 mill to 240 mill... in a year, without really any explanation of what is what.. I, myself, am not quite smart enough to figure it all out... so much thanks for the assistance and summary.
We should STICKY that Synopsis...IMO. Now, we need something to get this moving NORTH. Hopefully, an update on the acquisition and/or Snobar online.... a Big Hedgie w/ some BIG SLAPS.... a little tug of war here around a penny.... Doop...
LFG PACV!!!..... CMON MMs!!!..... We are much better than a Stinky Pinky Penny!!.... Lets kick this up to a Nickle.. and get us out of this pickle (Im losing it.... criminal here at a penny...doop)...
2.5 mill market cap is atrocious IMO!!! And truly unfair and illogical!!!
Go PACV
Struc
Can't really blame you... I think its about 50/50 play right now. If dilution is finished Id say stick around as one would think its due for a nice bounce from these levels... but that darn D word keeps lingering... really holding this stock down.
Best of luck...
Struc
EXACTLY!!...Excellent point... and a very popular one on this Board. . Probably #1 on the list.(my list)..... .. #2 time to get a New Experienced CEO (respectfully) ... #2b Get a new experienced CFO.....
and then we need a real BOD.... The Company is a real Company... and a PUBLIC Company at that... really really need to start acting and being run like a real Public Company..... with real Revenues. This Company has serious potential and again, right on the CUSP.... get off the stinky pinkys and LFG!!!
This Dilution to fix every problem and keep wiping out shareholder value and keep starting over is not how you run a public company... maybe run "into the ground"....
GO PACV
Struc
And then OTCN comes out and drops 200k shares on our head.... lol.... everytime it appears its over it starts again... the BIG D..... well lets fill OTCNs 766k (at 1 penny.. been sitting there for a couple weeks) and then maybe we can move up..... Shannon enough with the D.
Struc
SS IS EXACT SAME for like 8 days now.... anyone not looking at OTC Markets for share structure is doing themselves a disservice (when trading OTC stocks). Yes, dilution has been bad... but SS has changed only once in like last 17 days slowed way way down and appears to be over.. but who knows... (I check it every day and screen shot it once a week).... www.otcmarkets.com
Every day someone yells dilution here..... yet SS no change... maybe I am just missing it. (Float is def changing but i believe that has been same for a week or so as well.)
Maybe a MODERATOR can STICKY the SS.... ????
Outstanding Shares
240,749,016
08/22/2022
Restricted
171,613,804
08/22/2022
Unrestricted
69,135,212
PR is a little late to the party... may have saved this last 20% drop... who knows.... buying opp. for many..... "Strengthening our balance sheet"...... wish she would talk more about the debt. I do believe balance sheet is getting a little better.. but only if these other acquisitions come thru w/ more revs which will really improve margins.... and of course assuming there is NO MORE DILUTION! 3 days late... seems about right for MS. SHANNON....
PUT THE BOTTOM IN MMs and lets start putting a real # on this market cap.... and PPS... it sure isnt 1 penny.... not in OTC world... pinky world... maybe Nasdaq land... we know you will move it up when you are ready.
Struc
Yeah, seriously. She be throwing out the "RS" word/phrase before she even made the first installment payments on those loans....... the ole "Wash Rinse Repeat" OTC CEO Syndrome.... doop.
I love the SEC too.... the more they keep saying things will change and these Companies won't be allowed to continue this type of activity.... blah blah blah..... the more we end up right back here at Ground Zero. UGH...
What I don't understand is that Shannon keeps chirping about all this debt that has been cleaned up and I have read in the 10Q about how so much was secured by these NEW shares.... and secured these loans at 16% but then I see things like one of the TAC loans in 2019.. origination balance is 3 mill $$ but balance as of today is 7.9 mill $$.... (Seaport Meat. I think).. Been nice to have that explained and if we had a bunch of crap like that cleaned up on the balance sheet ...then explain it to us shareholders... maybe its just me...doop... What and how many shares went to each one of these loans. IS that in these financial statements somewhere???? Seems like there is a better way to do this... more cost effective.. more transparent. and maybe not completely crushing the Shareholder...
OK... Ill try to stop my rant... lol.... And I think it is time for this to start going the other way...... LFG..... PACV.... I want 1.10-1.20 cents by close friday... MINIMUM... Seaport was worth 3 mill in 2019..... by itself... and PACV, as a whole.. at 1 cent... is worth 2.4 million..... I call ... BS!!..... SNO BAR is a couple million.... easy!!
1.25 cents ... close on Friday.... Slap Slap Slap.... Bargain prices.. IMO..
GO PACV
Struc
Overall, yes but at least that #... that OS you posted has been the same for at least a week. Almost a record..... if anything its finally appearing to stabilize... but who knows.
Sadly, most of us that came with last quarter #s (or since then) are just looking for a decent run to get out. You were looking for 4 cents... thats prob 2-3 cents now. and so are Many others.. This one is about a 50/50 shot to make it (maybe 70/30), as I see it, which is pretty darn good for otc (stinky pinky)... so overall, might just be worth it to hold a core position here.... to each his own!
Lets stabilize and lets start moving this beast upward.
Go PACV
Struc
Well, my guess is that a few of those shares dumped today most likely came from a few IHUB members.... that didnt like yesterdays results. Hopefully, that was the worse of it... maybe another day or so.... shake some lose shares free and then maybe we can finally start marching North again...... lol. Nice volume... they wouldnt dare swing it 3 more 5 and close it green... I dare you, MMs! Doubel Dare.... Our time is coming (my new slogan.. lol)
GO PACV
Struc
Another new low... these MMs sure love keeping the Chart in tact... wonder why we had that huge tail on friday... that dip way down to 1.025..... and last few days had that 1 mill bid sitting at .01..... sure be nice to get this bottom set and move up for once... criminal if this goes under 1 penny IMO.... has to be close here... wonder if they will fill that 1 mill..... hmmmm....
Ill take any article anywhere.. to shed some light on this Company.... marketing/advertising anyway you can get it..... maybe she'll start letting reporters write the story... and then she doesnt have to pay..... Cali Girl... can buy more EVs.. lol...
OUR TIME IS COMING... IMO.... ONE PR.... ONE 8K... ONE ACQUISITION AND IT TAKES OFF AND DOESNT COME BACK.... I THINK MMs / HEDGIES ARE A LIL DISAPPOINTED THEY DIDNT GET TO RUN THIS AGAIN..... BUT ITS COMING!!
GO PACV........... LETS GO SHANNON....... YOUR TIME TO SHINE... YOU GOT MOST YOUR HEAVY DEBT CLEANED UP.... YOU ARE GETTIGN THE ACUISITIONS YOU WANT AND THE ONLINE ELEMENTS GOING... BIG REVS... CLEAN UP BALANCE SHEET..... YOU ARE CLOSE!! NOW, HELP OUT YOUR SHAREHOLDERS (WHOM HAVE FUNDED IT ALL) AND SHED SOEM LIGHT.... NEED SOME SNO BAR ADS.... ONLINE STEAK.... WHATEVER.... NOT EV TRUCKS (ALTHOUGH MIGHT BODE WELL IN CALI)
OK... MY ONE RANT A DAY.. LOL... AT LEAST ONE!!
STRUC
**HIPH**
42 billion OS.... PPS is 0.0013 Market Cap... 77 Million..... and just ran over 80%........ 77 Million....... for MC and it did 50K$ in revs last qtr.....
Gotta love the OTC.....
See if we cant get PACV to bounce back tomorrow..... sure be nice if this thing has found a bottom .... too much!
Shannon.... you need to go..... need to hire a real CEO...... doop
Struc
AND REST OF THE DILUTION..... or hope its the rest.... friggin MMs.... been holding these shares and playing them as they wish..... sure appears liek it to me... all these Otc stocks doing same now.. w/ dilution.....
Struc
And it appears to me that they 'handled" large amounts of debt , really the only way they could.. Its like they were sitting on a huge See Saw... teeter totter.. and it was favored somewhat heavily on the Debt side... but w/ recent acquisitions and recent increase in revs (unfortunately recent reverse split) it is finally starting to lean in favor of Positivity (debt becoming much lighter.. large chunk of long term.. 7 mill is Seaport steak).... and NOW, with the reconfiguration of Snobar and this new Final Acusition and going online w/ Seaport which will really boost the Revs.. it looks liek they should be "good to go" moving forward... (barring no new Covid setback or something sim)... I think the financing probably could have been better terms but is what it is... appears were on life support and Now, things should continue to turn around quite drastically.
Why I feel its worth a lot.. a lot... a lot more than 1.5-2 cents.... 10 cents min... 25 mill market cap.. all day long!! And laslty, i think it just shows how hard it is to make it BIG... like an Omaha Steaks type online company.... just one.. "Covid type" setback and you are wiped out and pretty much done!!
Be real interesting to see where this is... 6 months... and 1 year... imo... Could be a monster here... Should be a monster here... AIMO!!
Go PACV
Struc
But they NEED TO DO MORE MARKETING... IMO..... Ive seen like one SNO BAR commercial here on East coast... in last few weeks.... used to be more.... and if goign to compete with Omaha steaks... eventually... their words not mine... they need to spend some money marketing... 55k$ is nothing for those types of Revs.... thats not the place to make up $$... and only 90k$ at that.... IMO.
But to each his own..... be surprised if it doesnt increase.... A lot...
Struc
In the middle of the 10Q... they do show where a large portion of the "OLD" debt was converted to shares.... 190 mill..... which prob wasnt the best thing when your OS was 45 mill... but its 240 mill now and is what it is.... but to get all the debt off the books...
I feel with Seaport coming online... which should really help margins... Sno bar looks good as well..... I think the potental is here... if Revs continue to grow and margins improved and now with a lot of that debt off the table ... they shoudl now really be able to start transforming.... all IMO.
I do think this will move up... 5-10 cents short term.. imo.... could be 15-30 cents plus easy by next Q... (Fingers Xd... )... time will tell.... I see their marketing/advertising went down more than 50%..... they really need to improve that part and put out some damn PR's.... they could have been more enthused about this 10Q imo.... i thought they hired the MZ group just for that.....
**.... AND LASTLY... IT APPEARS ALL THE BIG D (dilution) IS FINISHED FOR NOW AND HOPEFULLY GOING FORWARD.... I THINK THAT SHOULD BE A VERY BIG POSITIVE......
they still need to look into Uplisting... higher OTC exchange... that too will help dramatically IMO......
GO PACV
Struc
10q OUT..... rEVS FOR 3 MONTHS... 10.5 MILL... (ENDING JUNE 30TH 2022)..
REVS SAME PERIOD LAST YEAR... 11.5 MILL....
SO DOWN.... i THINK I SAID 10.5 MILL as a guess..( HAD A FEELING THEY WERE DOWN SOME for this qtr.... no sno bar??? why i asked friday)... but still... thats 42 mill a year.... 2xs revs 80 mill.... 80/240 is 30 cents..... pps... all day long!!!
But for 6 months...ending june 30 2022... revs...20.9 mill.... same period last year.. 18.84 mill..... gross profit 3.22 mill vs 2.24 mill..... very nice increase!!
Still moving in right direction..... lots of positives here.... these MMs better move this up!!!
GO PACV
Struc
LOOKS LIKE THIS ONE IS ABOUT TO GO.... either mon or tues.... boom.
Might still have some dilution but wont stop them.... keep my eye on it!
Struc
Thanks for the insight on the REVS. Much appreciated. And the insight on entire company. Agree with it all... but I do have one comment. Possibly a math error or I am doing something wrong. If you value the company at 270-550 million wouldnt that make the pps approx 1-2$ range... is current OS at 240 million... 270/240 = 1.10 approx....
One other comment... with out positive earnings Ive always seen 2Xs sales... for straight up revs... and see you have 10Xs (are you doing 10 Xs qtrly revs)... 2X sales (or revs) is for yearly... so at 50 mill... would have 100 mill... (have seen higher multiples.. 3-4 perhaps)... At 100 mill / 240 Mill Os = 40 cents... approx.... but Im good anywhere w/ 20 cents to 80 cents... for current value.
As stated above, I wasnt really following your math all the way..... but one thing is obvious... 1-2 cents isnt even close.. IMO... start with 10 cents and go from there... IMO.
And my comment for earnigns on monday.... if look at last 5 years of 2nd qtr earnigns and reporting in August... every single one the Company posted the extension and then they reported 6-7 days later. (4Xs 7 days and 1 time 6 days)... everytime.... that puts us at Monday!!.... I was pretty confident we wernt getting them yesterday... close would have been much different imo. (responding to another message).
So, fingers crossed we see 10.5 mill min for this past qtr.... not counting snobar..
Go PACV
Struc