Replies to post #40001 on Pacific Ventures Group Inc (PACV)

[Anvil]

That appears to be only one of the loans. They have two, one for $3mm and one for $8mm.

[werd]

Great to see some public info regarding debts. Thanks for keeping us up to speed Wake Setter. Now we just need an ASK spanking good PR!!!

GLTA

[technicolor turncoat]

This is great news Wake. Undoubtedly just some of what they have been doing behind the scenes. Mega update coming.

[LaFortuna]

Thanks Wake, nice DD!

Pacific Ventures
Loan Origination: June 2017
Loan Principal: $2,399,966
Loan Interest: $821,088
Total Balance: $3,221,054
Last Payment: March 18, 2022
Status: Communicating and Making Partial Payments
Prior to the Receiver’s appointment, TCA permitted PACV to pay only $10,000 (not the
required $75,000) per month, to avoid a default so PACV could attempt to complete a capital raise.
During this Reporting Period, the Receiver and PACV agreed upon a settlement, and the final
agreement has been circulated for execution.

[JT14]

Great news! That explains why there was no dilution past few weeks.