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[Kurupt]

<PCFG:otcQB> As of September 12, 2012, the Company had outstanding 1,090,501,728 shares of its common stock

As of September 12, 2012 the aggregate market value of the voting stock held by non-affiliates was approximately $2,726,254.32.




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Item 3.02 – Unregistered Sales of Equity Securities



On September 14th, 2012, a holder of $75,000 in principal amount of debt issued by Pacific Gold Corp. (“Company”) transferred the obligation to a third party. In connection with the transfer, the Company agreed to modify the rate of conversion of principal and interest into shares of common stock to a formula based on the market value of a share of common stock, from time to time. The investor has converted a portion of the debt obligation into 45,256,410 shares of common stock on a restricted issuance basis, which has been sold by the third party investor under Rule 144. The company anticipates that an additional 12,500,000 shares will be issued on conversion of the balance of the debt obligation, based on the current market prices and the conversion formula of the obligation.


Additionally, the Company issued to the third party investor a new $75,000 convertible note on September 14, 2012, of which the shares underliying such note will become eligible for market sales under Rule 144 on March 14, 2013.


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Per EDGAR and the ammendended 10 K/A it now shows as of Sept 12, 2012
Document and Entity Information (USD $)
12 Months Ended
Dec. 31, 2011 Sep. 12, 2012
Document and Entity Information
Entity Registrant Name PACIFIC GOLD CORP
Document Type 10-K
Document Period End Date Dec. 31, 2011
Amendment Flag true
Entity Central Index Key 0001137855
Current Fiscal Year End Date --12-31
Entity Common Stock, Shares Outstanding 1,090,501,728
Entity Public Float $ 2,726,254
Entity Filer Category Smaller Reporting Company
Entity Current Reporting Status Yes
Entity Voluntary Filers No
Entity Well-known Seasoned Issuer No
Document Fiscal Year Focus 2011
Document Fiscal Period Focus FY
Amendment Description Amendment number 1

http://www.sec.gov/cgi-bin/viewer?action=view&cik=1137855&accession_number=0001515971-12-000318&xbrl_type=v