Pacific Ventures Group Inc (PACV)

[tutankhamuns]

The Receiver concluded that PACV can’t afford it.

Like PACV, their assets are only at risk if they do NOT pay the debts they originally agreed to pay.

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.

https://www.tcafundreceivership.com/docs/ReceiversFirstQuarterlyStatusReport.pdf

Doesn’t that suggest that their assets are at risk unless they’re able to complete a capital raise?

$PACV