Pacific Ventures Group Inc (PACV)

[greatminds]

*****Reposting this Excellent DD courtesy of Technicolor Turncoat*****

PACV DD – laid out for your convenience big smile

On 12/18/19, PACV announced the completion of the acquisition of Seaport Meat Company, a company that “generated approximately $28m in revenue over the past year…”

Link to PR
https://www.otcmarkets.com/stock/PACV/news/story?e&id=1499578


On 12/20/19 (two days later), PACV filed the completion of the acquisition in an 8k with the SEC.

Link to 8k
https://www.otcmarkets.com/filing/html?id=13808005&guid=MG2jUaWsW4gR2Zh

Some information about Seaport Meat Company:

o Established in 1980 and has been owned by the Camarda Family since 1990.
o Has over 45 employees.
o HACCP-Compliant facility is a 17,000 Square foot, state-of-the-art food distribution building.
o The facility is a USDA Licensed processing facility, with on-site daily inspections, which
manufactures custom processed beef, pork, chicken, lamb, veal and seafood.
o The facility processes over 120,000lbs of product per WEEK!
o Seaport supplies San Diego, Orange and Riverside Counties with wholesale food and restaurant
supplies to a growing list of restaurants and food service institutions.

Click on link to learn more about Seaport Meat Co
http://www.seaportmeat.com/about-seaport-meat/


On 01/06/2020, PACV announced that it expects to book $36m in revenue in 2020

“Targeting 10%+ Organic Growth from $33 Million Annual Revenue Base”
$33m x 10%

Question: How is this annual base number calculated?
Answer: $28m (2019 revenue from Seaport) + $5m (2019 revenue from San Diego Farmers Outlet) =$33,000,000 revenue base

10% organic growth from the $33m revenue base = $36,300,000
($33,000,000 x 10% = $3,300,000 + $33,000,000)

Link to PR
https://www.otcmarkets.com/stock/PACV/news/story?e&id=1505345

Click on link to learn more about San Diego Farmers Outlet
https://sandiegofarmersoutlet.com/

In addition, the increased distribution channels will help PACV market and sell thru its SnoBar line of products

Click on link to learn more about SnoBar
https://snobarcocktails.com/videos/


Per investor relations, PACV is looking to get the stock up-listed to a national exchange in 2020!
To do that, they may need to reverse split the stock.

Link to DEFR14C
https://www.otcmarkets.com/filing/html?id=13781597&guid=xl2jUH8bvsBueZh

Reverse split the stock (IF it happens)? Oohh scary. No, not really!

Example:
An RS of 1:100 would bring the OS down to 5,708,593.
The pps would adjust to .22, based on recent market cap of $1,255,891.
The market cap could likely increase to reflect 1x revenue ($33m). More often than not, OTC stocks trade at least 1x their revenue. FUN$, ALP$, VRU$, OWC$ immediately come to mind. There are many more!

So assuming a $33m market cap, the pps would be around $5.78.
With news of up-listing to Nasdaq, a new acquisition, relaunch of Sno-bar, etc. etc., it is very likely that the stock would trade at an even higher market cap than 1x revenue.

1x $5.78
2x $11.56
3x $17.34

So... one way or another, pre or post RS, big money will spot the opportunity to invest in this undervalued ticker, regardless if most are illogically fearful of an RS. It is illogical to think that the market cap will stay under $2m (or anywhere close), because the company will be booking $33m- $36m+ of revenue in 2020, starting with around $7m in Q1 of 2020.

Shannon Masjedi does not want to wreck common shareholders with an RS, In fact, the company believes it will have an opposite effect. So why would Shannon even want to protect commons?Because...

oShannon Masjedi owns 40,000,000 shares of common stock
oMarc Shenkman owns 11,414,000 of common stock
oACD trust, Shannon Masjedi, Trustee (3) owns 65,226,901
oThe Camardas will own 2.5% of commons as a part of the deal to sell Seaport to PACV (see 8k) She
does not want to lose face and act out of bad faith on that deal.

The Camardas don't want the pps to crash and neither do any of the directors mentioned above.

Notable mentions:
oTCA Global owns preferred A shares in a PACV company (see 8k)
oPACV off-loaded $2.5m in debt owed to TCA Global (see 8k)


PACV is WAY undervalued here and it is just a matter of time before more investors catch on to what has happened and is happening here.