Pacific Ventures Group Inc (PACV)

[db7]

10k out, excerpts:

this 1st one is VERY interesting IMO
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Each Series E Share has voting rights equal to 10 shares of common stock, is not convertible into any other class of stock of the Company and has no preference to dividends or liquidation rights.

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As of March 19, 2014, the Registrant had 384,031 shares of common stock issued and outstanding.

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Currently, the Company is in the process of investigating potential business ventures which, in the opinion of management, will provide a source of eventual profit to the Company. Such involvement may take many forms, including the acquisition of an existing business or the acquisition of assets to establish subsidiary businesses. At this time, the Company’s management has been focused on investigating whether there are merger and acquisition activities in certain targeted industries. To this end, management has focused on the medical and “green” energy industries. These efforts have been focused on discussions with management in these industries and research.


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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS




The following table sets forth certain information as of March 18, 2014, with respect to the beneficial ownership of the Company’s Common Stock by each director of the Company and each person known by the Company to be the beneficial owner of more than 5% of the Company’s outstanding shares of Common Stock. At March 18, 2014, there were 384,031 shares of common stock outstanding.

For purposes of this table, information as to the beneficial ownership of shares of common stock is determined in accordance with the rules of the Securities and Exchange Commission and includes general voting power and/or investment power with respect to securities. Except as otherwise indicated, all shares of our common stock are beneficially owned, and sole investment and voting power is held, by the person named. For purposes of this table, a person or group of persons is deemed to have "beneficial ownership" of any shares of common stock, which such person has the right to acquire within 60 days after the date hereof. The inclusion herein of such shares listed beneficially owned does not constitute an admission of beneficial ownership.






Title of Class

Name of Beneficial Owner

Number of Shares Owned

Percent of Class




Principal Stockholders






Common

Kent and Aleta Sumner

1248 Bateman Ponds Way

West Jordan, UT 84084

100,000

26.0%


Common

Capital Advisors, Inc.

P.O. Box 901658

Sandy, Utah 84090

100,000(1)

26.0%


Common

M. Philip Guthrie

5430 LBJ Freeway, Suite 480

Dallas, TX 75240

60,115

15.67%


Common

KCG Americas LLC

545 Washington Blvd.

Jersey City, NJ 07310

21,946(2)

5.7


Preferred

Brett Bertolami

9160 South 300 West, Suite 101

Sandy, UT 84070

1,000,000(3)

100%


Preferred

All Officers and Director as a Group (one person)

1,000,000

100%



_________________

(1)

Kip Eardley is the sole shareholder, officer and director of Capital Advisors, Inc.

(2) KCG Americas LLC is a broker dealer. Matthew Levine signs as Director of Compliance on its 13G's.

(3)

Brett Bertolami owns 1,000,000 shares of preferred stock with such shares having a 10-to-1 voting preference where every one share of Preferred Stock is equivalent in votes to ten shares of common stock. As such, Mr. Bertolami would have over 50% of the voting control of the issued and outstanding stock.


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