Pacific Gold Corp fka PCFG

[Lojiko]

As most of us who have been on the board for more than a week know, there was a massive dilution that was never quite explained. The O/S jumped from 365,470,298 FEB 26, 2010 ...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47130277

... to 688,197,298 MAR 12, 2010.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47750542

The SEP 7, 2010 PR announced $220,000 of debt had been converted to almost 4.5M shares at $0.00495, which was more than double the market price at the time.
http://ih.advfn.com/p.php?pid=nmona&article=44276655&symbol=NO^PCFG

The interesting thing is that 50% of the debenture was converted before SEP 30th, which is the day the SP just happened to hit a multi-year high.

Interesting the things people find out when they take the time to read the PRs.