Pacific Ventures Group Inc (PACV)

[tutankhamuns]

Well, let us continue analyzing both PRs then...

From the March 10th news:

However, as additional notes matured and recently became convertible into common stock, we realized the negative effects those conversions were having on the dilution of our stock and the downward pressure on its price. Thus, we have repaid and satisfied these convertible notes in order to avoid any further potential equity dilution. At this time, there are no other convertible notes that have the ability to convert into equity.

And from the June 22nd news:

As we have begun to generate cash flow from operations, we have repaid and satisfied the remaining outstanding convertible notes in order to avoid any further potential equity dilution. At this time, there are no variable priced convertible notes on our balance sheet.

If the variable priced convertible notes existed “at the time” of the first PR, it is highly misleading for the company to say that there were “no other convertible notes that have the ability to convert into equity,” even if they didn’t yet reach maturity.

$PACV