Pacific Gold Corp fka PCFG

[WhiteSahara]

Private offerings can be done with a firm looking to raise extra capital. There are some positives and some negatives to private offerings.

A buyer of an offering generally gets a little better, lower price.

The shares are generally restricted and not liquid for trading. Been stuck in stock I couldn't sale.

When word of a private placement gets out, the next quarterly report generally, it tends to tank the stock if the buyers are "run of mill shareholders".

The company is generally in a bit of trouble if they are doing "sneaky financing". I would much rather have them get funding from straight up sales of stock.