Replies to post #99370 on Pacific Gold Corp fka PCFG

[foxwoodsfan]

Long-term debt and revenue, that will be the tell all. The O/S and the PPS don't mean squat until the company can actually be valued. There is (was, maybe still is) huge negative financial value on the books, but it's not like the stock can be worth a negative $ value. We see positive/negative on an investment, as long as the stock is trading on a day to day basis there is present value. Whether that present value is correct or not based on what nobody but the company knows remains to be seen. Last year the company had huge liabilities (4,704,767) and practically zero revenue (121,401). As of Q2 this year they had knocked off some of the liabilities (down to 4,526,595) but still had practically zero revenue (78,658). Just imagine how different the financials would look with a large amount of long-term debt retired and a decent quarter of revenue. Very different indeed and definately under-valued if market sentiments are worth anything based on what the stock was trading at this time last year.

[ppl_first]

...And guaranteed, all those points you have mentioned will be completely avoided in the PR. You will get #1 Hours Worked and #2 Gold Sales. Done. No more info, no forward guidance, no discussion of why we are being hosed daily with debt conversions and questionable restructuring tactics. I am pretty fed up with this price per share.

[Bang Bang]

Unfortunately, the recovery rate will be all that really matters to the market and the PPS heading into the winter....