Pacific Sands Inc (fka PFSD)

[CEOjustdoesnotcare]

Sounds like another fabrication concocted out of the mind of Michie to appease current shareholders who are in averaged under 1 penny.

Let's review:

1- Michie POLLS shareholders to increase the authorized around last fall. No board of director meeting and approval and no shareholder VOTE greater than 50%. ILLEGAL.

2- Michie then issues shares to himself and other "employees" for services rendered because there is no cash because the business plan is off the tracks and the company HAS NO MONEY.

3 - Michie issues convertible debentures to raise cash to pay company bills and get out the 10Q & 10K.

4 - Some of the holders of convertible debentures sell stock and drive price down.

5 - Michie now blames convertible debenture holders for the reason the stock collapses and puts out some release stating he is waiting for all the convertibles to get dumped onto the market so the stock can rebound.

6 - Michie issues pump press releases early 2016 to hopefully carry over into spring 2016 stating they are doing all these great things and that a major press release is forthcoming about some new product or announcement after the 10Q comes out.

7- The stock pumps up enough to get the current and new shareholders excited and then the dump takes the stock right back down to the lows.

8 - Then Michie goes quiet with no more press releases and no more 10Q. The company is really a pink sheet stock now as they are way beyond late filing.

9 - Then we find out Terry Taggerty - a BOARD OF DIRECTOR - is barred from the securities industry for painting the tape on open and close of market days OVER 100 TIMES.

10 - Haggerty then resigns as a PFSD BOD without explanation on the filing. We find out later it was FRAUD.

11 - Michie issues no explanation EVER. It's now out in the open why Haggerty resigned. Haggerty has always been joined at the hip with Michie and the two of them were jointly instrumental in removing former CEO Mick Wynhoff years ago who treated this like a publicly traded company and not a personal PIGGY BANK. Wynhoff CREATED VALUE for shareholders and made a good faith effort to grow the company.

12- Michie is derelict in his fiduciary responsibility as a eco of a publicly traded company and doing things illegally with reckless abandon.

If Michie even attempts to go there - raising the A/S by another 100M legally or ILLEGALLY LIKE LAST TIME - there could be legal consequences.

Sorry, but any current shareholder who even supports his hair-brained schemes even in a back-handed way is as guilty as Michie is.

Admit nothing. Deny everything. Demand proof.

The proof is right in front of your eyes to see.

If anyone has former ceo Mick Wynhoff's phone number please private message me. I will keep your name and post completely confidential.

Michie must resign. It is time to see if we can bring back former management.