Replies to post #27863 on Pacific Ventures Group Inc (PACV)

[ChaseDog31]

Pacific Ventures Group (OTC PINK: PACV) (the "Company"), an investment group concentrating in food, beverage and alcohol distribution, announced today its Board of Directors reaffirmed that the Company currently has no plans for, and is not contemplating, a reverse stock split.

The Board of Directors also reaffirmed its commitment to implement its current business model and continue pursuing strategic acquisitions in the wholesale food, beverage and alcohol industry

[arizonaminingman]

Don't you think that would be counter productive? At this point?

Organic growth from here is almost assured into 2020. Still clarification on plans to come, per IR.

Just when they are about to start a marathon, don't see why they would blow off their leg with a shotgun right now!!

I think there could be one later, but into strength at a much higher organic price, as other believe as well. Still IMO

[ktf7]

The timing of the RS is the point of disagreement.

In post # 27838 you stated, "PACV RS after close today and before open on 12/26/19 ..."

Yes they have said they want to uplist but they said this will happen in 2020 per their Investor Relations and I quote "PACV will provide an update to the market all at once via press releases."

The stock price needs to be much higher for a move of this type to be logical. And there are other requirements for uplsiting besides the stock price.