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Re: sello post# 35842

Tuesday, 08/11/2020 8:50:11 AM

Tuesday, August 11, 2020 8:50:11 AM

Post# of 41221
This should be of concern to PACV shareholders...

Prior to the Receiver’s appointment, the Defendants permitted PACV to pay only $10,000 (not the required $75,000) per month, to avoid a default so PACV could attempt to do a capital raise.

Even with the new revenue stream from Seaport, they’re still struggling to pay their bills. It’s going to be very difficult to raise non-dilutive financing with this kind of information in court documents...

$PACV
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