Replies to post #82457 on Pacific Gold Corp fka PCFG

[Kooks]

PCFG most certainly has a huge upside potential
- I repeat
I hope the news comes out good. i see much DD done by many longs. I apologise for comparing this stock with BRZL - which was nothing compared to PCFG. i wish you longs all success and hope the news is good and makes this stock take off-- GB all
Kooks

[nobody3]

the share count is 824 million your a little off. truth is if they had enough gold mined and sold they would not need to increase the share count.over 10 % in 1q.they are the biggest share holders.in turms of a buyout of say 100 million dollars they cost them selfs 10 million.irealy dont think they are sitting on gold and selling shares. if they didnt need to increase the share the would not.they would just sell the gold.

[tradewell]

I think 50 million more were used in the financing of the 500,000 debt the company owed the owner and somebody else assumed it. Those shares were probably issued at .01 and are the ones being sold here the past 3 months between 1.4 and 1.5 cents holding the price down. Hopefully they are all absorbed and no need for more financing. The last 16 million shares probably went to pay operating bills for quarter 1.

[TRAPPER JIM]

Those shares come out to $0.0505 pps.But someone please check my math.LOL

On October 25, 2011, the company issued 13,050,580 shares of common stock on conversion of the promissory notes previously issued April 1, 2011 in exchange for retiring $659,529 worth of principal notes.

And I think they were the ones mentioned in the PR from Nov 17th that says. On October 27th, investors who held approximately $650,000 of convertible notes converted their notes into shares at $0.05 per share for approximately 13,000,000 shares. http://www.marketwire.com/press-release/pacific-gold-corp-third-quarter-results-pink-sheets-pcfg-1588502.htm