Pacific Gold Corp fka PCFG

[Phred6]

It is restructured debt as you say, but your blanket statement "so every part of your point after that statement is irrelevant" has no logical basis. The facts are clearly stated in the 10Q. The 45% discounted conversion would take four installments to keep below the 4.99% limits. Jocuru erred in assuming it would be a one time event, "limited to a maximum conversion right at any one time to 4.99% of the then outstanding shares of common stock of the company." But his questions, "So lets assume pcfg is full steam ahead and producing, once the news is released and volume and pps starts to climb, will the dumping begin by the loan holder? And will this in effect dilute and decrease the pps?" is a real possibility.