Pacific Gold Corp fka PCFG

[stervc]

jmurfk...

Someone else I know spoke to the company too and he was told by the company that they have no plans to dilute, especially at these levels. He did mention to the company that it could spook some investors with PCFG having Authorized Shares (AS) in the amount of 5 billion shares.

The company told him that they voted to increase the AS a long time ago, but now have no plans to use those shares in the treasury. He told the company that it would be better if they eliminated those shares and reduced the AS down to a much lower number that would not have shareholders wondering in the back of their heads that they might get dumped on since this is still penny stock land.

The company told him that it would be brought up to their board and a decision would be made on it as he didn't realize that it was an issue.

v/r
Sterling