Replies to post #111362 on Pacific Gold Corp fka PCFG

[uwf2466]

How was it better than expected?

First, the dilution is rampant. They have 1,766,589,126 remaining. Since most of the dilution has been to pay off debt transferred to the mysterious un-related third party (yeah right) at a VWAP discount to current trading, assuming EVERY sub-penny dilutive share sold at $0.0006 (and assuming back salaries are not converted) will possibly only net them around a $1,000,000.

Date            Post Reverse    Pre Reverse 
 04/11/13	1,233,410,874 	24,668,217,480  
 03/28/13	921,566,355 	18,431,327,100  
 12/31/12	144,770,119 	2,895,402,380  
 12/31/11	38,768,733 	775,374,660  
 12/31/10	37,186,632 	743,732,649  
 12/31/09	18,273,515 	365,470,296  
 12/31/08	8,035,020 	160,700,394  
 		 
 Date            Geisler         Landau 
 04/11/13	17,144,211 	31,798,501  
 03/16/12	4,928,275 	7,754,053  
 07/06/11	4,931,400 	7,757,503  
 

Gotta give it to them....they moved 311,844,519 into "retail" hands from 03/28/13 and 04/11/13, 8 trading days.

Also notice how Landau/Geisler have no skin in the game. Geisler only owns 2.0% and Landau owns 3.5%.

They are slowly and methodically winding the beotch down getting their debt converted to the mysterious third party noteholder at the favorable VWAP rate.

How disappointing....

Better than expected....uh-huh.

[mrfence]

Hmmm... what happens if we remove all our asks???

[sassanb]

Nothing is happened today, I am just glad that 0.0005 is holding.
Gold lost major support in $1520 area, heading to $1500 / oz, not good for miners and non producing PCFG has its own place, they have to go into production or good news for a move