Replies to post #101957 on Pacific Gold Corp fka PCFG

[nagoya1]

"144,000,000 shares to Jabi Inc., an entity affiliated with Mr. Landau, upon conversion of $180,000 in principal and interest due under an outstanding convertible note"
"http://biz.yahoo.com/e/121004/pcfg8-k.html

The second one is interesting:

PROMISSORY NOTE TO JABI INC.

US$1,611,908.22
May 1, 2011


FOR VALUE RECEIVED, Pacific Gold Corp., (“Maker”) and its subsidiaries, hereby promises to pay to the order of Jabi Inc., formerly known as ZDG Investments Limited., (“Payee”), in lawful money of the United States, the principal sum of $1,611,908.22, together with interest on the unpaid balance hereof from May 1, 2011 at the rate of 10% per annum. Payment of principal and interest shall be made on January 2, 2014.

This Note represents the total indebtedness of the Maker to the Payee as of May 1, 2012, except for the amount of $31,227.01 which is owed by the Maker’s subsidiary Nevada Rae Gold, Inc. to the Payee. This note replaces the Note dated January 2, 2011.

This Promissory Note may be prepaid at any time in whole or from time to time in part, in each case without premium or penalty, but with interest on the amount prepaid to the date of prepayment.

The Payee shall have the right, but not the obligation, to convert this note, and any interest due on this note, into common shares of the Maker at a price of $0.02 per share at any time upon demand to the Maker. The Payee may convert any portion of the then outstanding, at the date of conversion, principal or interest into common shares, leaving the balance of the principal and interest not converted into common shares as still due under this note.

http://www.sec.gov/Archives/edgar/data/1137855/000151597112000318/exhibit46.htm


I was also looking to find more info and I didn't uncover anything yet....PCFG

[TRAPPER JIM]

Its the same company Rob has owned for years.He changed its name from ZDG Investments to Jabi Inc.

[ScotiaNostra]

G´Day PCFGers and Phred ... good catch ... something´s up ... and I´m pretty sure that it´s going to be good news.

Should be a good week here !!

GFTA

[foxwoodsfan]

Those shares were were already announced and it's old news so it's not particularly interesting to me.