Replies to post #111424 on Pacific Gold Corp fka PCFG

[tripil7z]

Key word is it MAY . However it MAY not lol . I'm glad you posted tho . i need some more scardy cats or some dution ,because I want a bunch more .0005s AON large order .

[Bridge57]

Cousinrolf
there's even more to worry about in the 10K >

Our independent auditors, in their report on the financial statements, have indicated that the Company has experienced recurring losses from operations and may not have enough cash and working capital to fund its operations beyond the very near term, which raises substantial doubt about our ability to continue as a going concern. Management has made a similar note in the financial statements. As indicated herein, we have need of capital for the implementation of our business plan, and we will need additional capital for continuing our operations. We do not have sufficient revenues to pay our expenses of operations. Unless the company is able to raise working capital, it is likely that the Company either will have to cease operations or substantially change its methods of operations or change its business plan.

[allevatomc]

Nevada Rae is a subsidiary only. It's, it's is own entity.

A subsidiary company, subsidiary, or daughter company[1] is a company that is completely or partly owned and partly or wholly controlled by another company that owns more than half of the subsidiary's stock.[2][3] The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. The controlling entity is called its parent company, parent, or holding company.

PCFG is not in financial trouble with the IRS.....lol

Nice Try.....LMAO

[mrfence]

A lein is a loooooooong way away from seizure and the company only owes 212k but sorry if you're confused anyway.

[sassanb]

This is not good. I am not sure, but I think on the last 10K, the obligation was around $130,000. It seems they have not paid IRS and I wonder what they did with the proceeds from selling few billion shares before R/S and again dumping another billion after R/S.