Pacific Ventures Group Inc (PACV)

[quito_yume]

They could have done a reverse split at any time later down the road with a much better result than they have gotten now. They only did this now to provide additional wiggle room in the share structure to start dumping stock. I was optimistic before that they had a legitimate plan to get ahead but it seems they can't break the same old habits that nearly every otc stock out there succumbs to. They have basically tipped their hand that they themselves don't have confidence in their business and are going to the default mode of funding their lifestyle with dumping stock. I'm willing to bet we see another RS down the road. Needless to say i'm quite disappointed.