Replies to post #82460 on Pacific Gold Corp fka PCFG

[Wolverine1997]

nobody3, I am not a little off, I guess it is true on what others are saying, you really need to try reading and understanding what was posted before you post a response LOL.

You are showing your lack of knowledge on PCFG and also showing that you don't read posts or even do any DD's on your own. Are you that blind?

Had you read what I posted you would have seen in bold the reference to the outstanding shares was from the Sept 30th 10-Q last year.

Common Stock - $0.001 par value; 5,000,000,000 shares authorized, 745,732,651, and 743,732,651 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively

http://www.sec.gov/Archives/edgar/data/1137855/000115895711000423/f10q093011.htm

So now I have accounted for 16 millions shares of the 80 million issued after Sept 12th 2011, that you are claiming are delution of shares because things are not going good for PCFG (which IMO is totally false).

Yes the shares ourstanding are 824,125,389 Common, taken from PCFG web site and you can see for yourself by clicking on this link http://www.pacificgoldcorp.com/corporateinfo.html

Now to add to my previous post breaking out the use of 14,050,000 shares I am now showing you there was another 2,000,000 shares in the same 10-Q showing what is was used for and is posted below:

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

During the nine months ended September 30, 2011, the Company issued 2,000,000 shares of common stock as part of a settlement agreement. The Shares were valued at $60,000 based upon the closing price of our common stock at the grant date.

So try reading and doing some DD before you try to call people out on here. I have done my DD's and homework on PCFG and I am very comfortable with my 925,000 shares and while you were selling and crying in your coffee, tea or milk i was busy adding over 400,000 shares since the stock went from 8.3 cents a share down to 1.4 cents a share. Averaging down to now 2.2 cents a share. This week should be an interesting week IMO.

[LMPA]

Once again, if you would research the old PR from November it stated the following

Black Rock Canyon Mine operating costs for the third quarter were less than half of the expected rates even though the Company used labor for purposes other than mining during the geotube construction. Costs in the fourth quarter may increase, as compared to the third quarter, with increased production as additional, machinery, fuel and electricity are used with the increase in mining volume. The Company's equipment supplier is working with the Company on a lease proposal that will reduce the equipment rental fees by as much as 50%.

[starfighter]

If there was new financing they would have needed to announce it.

If the additional shares were the conversion of PRE PRODUCTION financing they could wait to include it as part of the 10-K.

By the way, if it was conversion of old financing, the timing would be under the control of the note holder and not PCFG management. The conversion terms were previously announced. The numbers match both in the number of share that debt could pay for at the current price, and the maximum shares they would be allowed to buy(just under 5% of the company).