Pacific Ventures Group Inc (PACV)

[technicolor turncoat]

CEO Shannon Masjedi: Dwindling Fortunes and Failed Promises

CEO Shannon Masjedi's $9.2 million shares for Trillium Partners face weak demand, priced at $0.0002-$0.0003. If shares drop to $0.0001, a reverse stock split, filed on 08/25/23, is likely. This could further reduce the price per share (pps), trapping Masjedi in a cycle of discount share issuance in a demand-less market.

Masjedi's unmet promises of acquisitions, transparency, and uplisting have eroded shareholder trust, as evidenced by the lack of follow-through on commitments made in this press release: https://finance.yahoo.com/news/pacific-ventures-issues-shareholder-letter-133000589.html

If Masjedi eventually uplists PACV, after diluting many out of ownership, I plan to take a significant short position, expecting her to repeat past failures.

Additionally, Masjedi's recent disengagement with another Investor Relations firm, without shareholder communication, further demonstrates her questionable governance.

Sincerely,
A long-time shareholder, enduring value erosion and averaging down post-reverse split.