Pacific Gold Corp fka PCFG

[Kadin]

Pacific Metals...Second Amendment on May 31, 2012...

Form 10 12G/A
http://www.sec.gov/Archives/edgar/data/1545312/000151597112000175/form10a053112.htm
pg 3...JOBS Act

Complete SEC Filings...
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001545312&owner=include&count=40&hidefilings=0


It appears they are seeking to utilize the JOBS Act...

Recently the United States Congress passed the Jumpstart Our Business Startups Act of 2012, which provides for certain exemptions from various reporting requirements applicable to public companies that are reporting companies but not “emerging growth companies.” Because the characterization of emerging growth companies is available to us, we have elected to be treated as this category of company. This status will permit us not to provide an annual auditor attestation report required by Section 404 of the Sarbanes-Oxley Act, to avail ourselves of reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements and to not present to our shareholders a nonbinding advisory vote on executive compensation or obtain approval of any golden parachute payments not previously approved. Additionally, we have elected not to have to comply with new or revised accounting standards while we are an emerging growth company.

The status of being an emerging growth company extends for five years, until May 2017. We may lose the status of an emerging growth company earlier than 2017 if our revenues exceed $1 billion, if we issue more than $1 billion in non-convertible debt in a three year period, or if the market value of our common stock that is held by non-affiliates exceeds $700 million.

GFTA...PCFG