Pacific Ventures Group Inc (PACV)

[Wake Setter]

CEO failed obligation to shareholders to report material changes to the company and/or its share structure. A 97% loss of equity with large scale debts converting should be reported to shareholders via 8k, and is not optional.

CEO has been notified and likely advised to withhold releasing information to the public, therefor passing this obligation to the investor relations and/or advisory group. Regardless of motive for lack of information, this is not acceptable practice for ANY public company within the United States.

This is a flawless case of letting friends frontload at unreasonable low prices before significant news is released. They knew 500 million shares were going to convert and were advised to not release any momentum creating news so the price would death spiral down to the target price for the chosen few to load off the books. Happens all the time in the OTC and is very unregulated.