Pacific Gold Corp fka PCFG

[techtrade]

T-Trades. I think this may have something to do with it. Would make sense if it does. The second half of the conversion represents about 22 million shares hitting the market before March 5th.

http://finance.yahoo.com/news/Pacific-Gold-Corp-Agrees-to-iw-2766647511.html?x=0&.v=1

Press Release Source: Pacific Gold Corp. On Tuesday September 7, 2010, 3:19 pm EDT
TORONTO, ONTARIO--(Marketwire - 09/07/10) - Pacific Gold Corp. (PINK SHEETS:PCFG - News) announced today that it has reached an agreement to amend the remaining $220,000 debenture originally due to Crescent International Ltd. ("Crescent") on October 5th 2010.

Crescent and the Company have agreed that Crescent will convert the entire remaining balance of the debenture into common shares of the Company at a conversion price of $0.00495 per share (an almost 100% premium to the current market price), with 50% of the debenture being converted before September 30, 2010 and the balance converted on or before March 5th, 2011. The debenture has been amended to extend the maturity to March 5th, 2011.