Pacific Ventures Group Inc (PACV)

[Werbe]

Share Structure as of November 17, 2017

Authorized Shares 100,000,000

Outstanding Shares 27,264,864

52-Wk Range
0.0152 - 1.35

On January 31, 2018, Pacific Ventures Group, Inc. (the "Company") entered into an Asset Purchase Agreement (the "Agreement") with Royalty Foods, LLC, a Nevada limited liability corporation and wholly owned subsidiary of the Company ("Royalty Foods"), and San Diego Farmers Outlet, Inc., a California corporation ("San Diego Farmers Outlet"). Pursuant to the Agreement, at the closing of the transactions contemplated therein (the "Closing"), Royalty Foods will acquire substantially all of the operating assets and assume certain liabilities of San Diego Farmers Outlet (the "Asset Purchase").

San Diego Farmers Outlet is a wholesale and retail seller of fresh produce, groceries, meals, food and other food-related goods. San Diego Farmers Outlet was founded in 2002 and is located in San Diego, California.

Inside Ownership of Common shares by Executive Officers and Directors As of 12-2016

Robert E. Smith 100,000 0.4 %

Shannon Masjedi 15,864,639 58.4 %

Marc Shenkman 650,000 2.4 %

All officers and directors a group (3 group) 16,614,639 61.2 %