Pacific Gold Corp fka PCFG

[Bang Bang]

Read closely and you will understand where my thoughts come from (they said "is using" not "will be using"):



Pacific Gold Corp. (PINK SHEETS: PCFG) announced today that the Company has issued promissory notes to investors in exchange for approximately $500,000 USD.

The notes pay 10% interest and are due on December 31, 2013. The notes are convertible into common shares of Pacific Gold Corp. at a fixed price of $0.05 per share.

The Company is using the money raised from the notes for new equipment, preparation for production at the Black Rock Canyon Mine, updating SEC filings and audits, as well as for accounts payables.


I firmly believe that this financing was obtained weeks ago and production is very very close.