Replies to post #115225 on Pacific Gold Corp fka PCFG

[sassanb]

To be frank with you I don't think so, because NRG is a subsidiary of PCFG, the lien was placed on NRG and not PCFG, $350,000 was not paid to NRG, but to Pilot Mountain Resources Inc, I hope they pay IRS or work a payment plan with them but knowing Robber and Guzzler, it is unlikely



please read below

In February 2011, Pilot Mountain Resources Inc. optioned Project W to Pilot Metals, a subsidiary of Black Fire Minerals. For more information read the press releases dated February 14, 2011, May 12, 2011, August 17, 2011 and September 9, 2011.

Pilot Mountain Resources Inc., a wholly-owned subsidiary of Pacific Gold Corp., owns 45 unpatented mining claims covering approximately 900 acres in Mineral County, Nevada, approximately 168 miles from Reno, Nevada, and about 21 miles east of the town of Mina.

[rocco2]

from the 10 Q (two million two hundred thousand)

On March 4, 2013, Pacific Gold Corp. (the “Company”) agreed to settle the complaint that was filed in the United States District Court in Newark New Jersey, Case number 2:12-cv-01285-ES-CLW entitled Black Mountain Equities Inc. v. Pacific Gold Corp. The Company agreed to allow Black Mountain Equities to exercise the warrant at issue in the case for a total of 2,200,000 shares of Company common stock and Black Mountain Equities agreed to pay $30,000 for the settlement in full of the Company’s legal fees in this matter. The settlement exchange is to take place prior to May 15, 2013.




A subsidiary of the Company, Nevada Rae Gold, Inc., has an outstanding tax obligation to the Internal Revenue Service. The IRS has asserted that approximately $212,000 is owed at this time. The IRS has filed a general lien on all the properties of Nevada Rae, and is taking steps to enforce the liens and collect the funds owed. The enforcement actions will include seeking and taking any funds that are in the company’s bank accounts, causing any persons owing funds to Nevada Rea to direct the funds to the IRS, and taking possession of assets of Nevada Rae and selling them. These actions will be disruptive to the operations of the Company and the subsidiary and may impair the ability of Nevada Rae to operate. In that event, Nevada Rae will be unable to generate any revenues and the financial position of the Company will be severely impaired and the Company may have to curtail its subsidiary’s operations or put the subsidiary into receivership.

[BottomBounce]

That's good News!! PCFG is a SCAM! Pump & Dump SCAM!

"The IRS has filed a general lien on all the properties of Nevada Rae." I wonder if that means the IRS has already got it's due from the $350,000 payment from Blackfire?
Real estate liens are of public record at the county recorder's office in Lander County Nevada. Anyone have a way of checking that?