Pacific Ventures Group Inc (PK) (PACV) Quote

Pacv is utter garbage. This will be grey in no time - imo. Shannon’s disregard for investors will catch up with her.

most recent pacv trade 04/16/2024 15:06:04 EDT 0.00113 7846000 OTCBB

sure looks that way!

There is no good news thats whats going on. Stock price is down 99% since the split a few weeks ago. Revenue has declined dramatically. Debts have increased substantially. $9 million worth of common stock is soon to be sold to pay off a settlement with Trillium.. I do not want to be in the same country as PACV when they need to sell those shares.. So dont worry, im sure they will manipulate a run soon to help sell.. The crash back down will be just as hard so be careful.

In my opinion, this 10k if and when they decide to file, will have slightly better numbers because of balance sheet manipulation and the few extra dollars from online sales at seaportsteak. But from the looks of it, seaportsteak is a bust. They did not make any deals with the Texas distribution center and they do not deliver nationally like originally said.

pacv o/s has as of 04/15 only 18,000,000 unrestricted shares any good news would cause a run.what the heck is going on?

Good job CEO. That reverse split worked GREAT! now back down to 0.0001 with 800/900 million shares left to sell for massive debts coming soon! The CEO of PACV burned all of her loyal shareholders and the market can see how trash of a person she is! And now that we are 15 days past the original due date for 10k, looks like we are headed for a dark and defunct company once again!

Maybe with some heavy fraud and manipulation and slipping the market makers a few benjamins the CEO can get this stock price a quick little spike up and sucker some more people into this scam before she goes quiet for 8 months again?

was reported here months ago that pacv now running 12 trucks more than ever before.
seven77

Re: None

Saturday, January 20, 2024 5:03:09 AM

Post#
41052
of 41113
They are operating 12 trucks currently. Business must be doing pretty good.
https://dcontrol.com/profile/pnc-inc

Pretty sure at the bottom of that tweet it says false information, as Publix does not charge $60 per pound of strip steak.

Good catch where it says "Only shipping to California & Arizona only". That is terrible news. Instead of the national distribution of their meats via frozen packaging, they reduced this offering to just 2 states? Uh-oh. Sounds to me they are struggling. Instead of signing a deal with the Texas distribution center to distribute nationally, PACV instead made a new website called seaportsteak and they only ship to 2 states from their garage.

look at the meat prices in florida for steak maybe a great market for pacv?
The price of meat is out of control in Florida!! 😳 pic.twitter.com/RRn7JVyj1i— AlphaFo𝕏 (@Alphafox78) April 12, 2024

correction on seaport steak free shipping for orders over $249 from website

"FREE SHIPPING for orders over $249"

just noticed this on seaport steaks to your home website so possibly pacv doing real good business in ca.. and az.?

Currently shipping to California & Arizona only
FREE SHIPPING for orders over $24
https://seaportsteak.com/shop/

Shannon Masjedi, just file BK already so at least others don’t lose all of their investment as well. Ethics and morality have to come into play at some point, I would believe…

https://archive.fast-edgar.com/20240401/AW2ZQ22CZC2RA2T2222D22Y2HRVSZZ22QV62/

Late filing notice out per usual.

Bankruptcy seems to be the only viable option for Shannon Masjedi.

Waiting for bankruptcy news and CEO to resign.

I would not pay $5 for the entire company. This company and stock is in a never ending death spiral. Now with more massive debts coming due, there is no amount of fake news and manipulation that is going to get me to buy any stock of PACV. For every 365 days that pass by, investors of PACV might see 2 or 3 green days after heavy manipulation and fake news. No reason to risk anything here. WAY better companies to get a return.

The market says this is worth $219k lol
Shannon Masjedi is a horrible CEO who has only taken value without giving any in return.

Trips coming again post R/S- lol Shannon Masjedi.

She thinks the market will fund her $9m debt to trillium - lmao

This sham should be delisted.

PACV company and CEO warning

First 9 months 2022 sales: $30 million. First 9 months 2023 sales: $22 million

December 2022 deficit: $28,971,411. September 2023 deficit: $31,133,851.

As of September 2023, PACV has a notes payable balance of $16 million !!

$6 million assets
$28 million liabilities

"On September 6, 2023, the Company entered into a settlement agreement with Trillium Partners"
"It is estimated that the Company will, pursuant to the terms of the Settlement Agreement, issue to Trillium approximately $9,282,267.93 of Settlement Shares"

CEO maxed out issued shares to almost 900 million in September 2023, increased authorized from 900 million to 5 billion, completed reverse split, reduced authorize back down to 900 million, and is now rapidly issuing shares again, all within a few months and with no words to shareholders.

CEO puts out fake news to pump and dump, then will disappear for 8 months. This CEO will never lead a NASDAQ company and PACV will never be a NASDAQ company.

PACV is in very bad condition be ready for heavy pump and dumps to pay bills. CEO does not care if stock price is 0.00001 or $1 absolutely does not care at all about the stock price or shareholders. Been here for like 5 years.. rinse and repeat here at PACV. I will never buy PACV stock ever again and will advocate against anyone supporting this terrible OTC CEO.

If you can quickly flip for 10% congratulations. Holding PACV for longer than 1 day is the biggest risk in the stock market in my opinion.

This will chase down 100 dma by next week (should break 50 tomorrow) IMO... and possibly 200.... most are doing this that have been beaten down this bad.... but most of those have stopped the D word.... see how it plays out. Shannon.... still a Clown.. IMO.. mainly a technical bounce.

Struc

it sure has not been a pleasant experience here pacv.

The lack of communication is astonishing. WTF is the plan besides touting oneself as the the most respected woman in meat Shannon?

One would fair better if they were to use their money as kindle for a fire, versus investing it here.

At least one would receive something (warmth) as a return on investment.

pacv o/s has soared to 73 million shares from about 8 million o/s last time i looked and 61 million now restricted

Outstanding Shares
73,257,460
03/18/2024
Restricted
60,981,672
03/18/2024

while big trade eod was after the close it was an uptick trade from .005

I saw that. Interesting that is equal to the rest of the days trading volume.

I sent yet another email to Shannon this AM. No answer. Big surprise.

last trade eod 03/18/2024 16:02:34 EDT T 0.00564 478800 OTCBB

maybe they are selling shares to pay a bill? what a sad situation here usually after a r/s a cos puts out news to advance their price!

...and the price of PACVD shares are going in the shitter

beef burrito prices going thru the roof in san francisco at $22 per
https://freerepublic.com/focus/f-news/4224021/posts

Yep - 'shit-show' just about sums it up. I doubt the SEC will do anything. The market though is doing something about it, as it isn't willing to absorb all the new shares she's printing; neglecting her shareholders for all these years is finally coming back around to bite her on the @ss.

Now she has the fantastic opportunity to experience first-hand what it feels like to be neglected, and during a time when she needs shareholders' money the most.

So authorized shares reduced from 5 billion down to 900 million now? How can they keep changing the share structure? I wonder if PACV would be sued for these actions in the major markets? No required SEC filing for a material change in share structure, again? Or this is a mistake? Either way, what a shit show! If PACV could actually pay a settlement maybe investors would pursue an attorney. Surely a public company cannot continue to make material changes to the share structure without public disclosure, right? Even with CEO having all the voting power. Will the SEC do anything? Doubt it. Will an attorney pursue it? Doubt it. No one is losing enough money to make a case here.

Seems shady

PACVD SECURITY DETAILS
Share Structure

Market Cap Market Cap
789,851
03/08/2024

Authorized Shares
900,000,000
03/11/2024

Outstanding Shares
68,716,460
03/11/2024

Restricted
60,981,672
03/11/2024

Unrestricted
7,734,788
03/11/2024

Held at DTC
7,532,657
03/11/2024

Float
6,461,819
02/18/2024

Par Value
Not Available

The market is wise to Shannon Masjedi.
Just a matter of time before PACV goes belly up. No way are they going to be able to sell those shares.

My $2000 investment here is now worth $275 because Shannon Masjedi is an incompetent piece of shit. Do not invest in this garbage!!

I will never buy PACV stock ever again no matter what. Do not support this incompetent CEO. There is 0 value to a stock where the company puts out 1 update per year, increases authorized shares from 800 million to 5 billion quietly, completes a reverse split quietly, has a $32 million deficit, 0 communication with shareholders, 0 effort to bring in new shareholders, 0 effort to maintain attractive stock, 0 care if shareholders lose every dollar, fails to file critical SEC documents timely and sometimes not at all, 0 updates on company operations, 0 guidance, 0 plans, 0 goals, 0 everything.

Such a shame PACV could have done so much better. Forever a piece of trash in my historical financial transactions. I will never buy 1 share again no matter what happens or what they say. Its a scam company and scam CEO that only shows up when they are under water and need to take advantage of the common peasant shareholders.

See

I got that via the PACV news email. It isn't showing on my Schwab SSE trading platform news alert for whatever reason.

LOS ANGELES, CA / March 6, 2024 / Pacific Ventures Group, Inc. (OTC PINK:PACV) (“Pacific Ventures” or the “Company”), a food and beverage holding company specializing in the distribution of consumer food, beverage and alcohol-related products, today announced that, in furtherance of the success of its ongoing balance sheet restructuring, the Company has completed payments on its long-standing debt obligation to BNA Investment Capital, LLC and TRA Capital, LLC.

“We are excited and proud to have paid off what started out as a $400,000 debt to BNA and TRA, and it reinforces our commitment to, and the success of, our ongoing balance sheet restructuring efforts,” stated Shannon Masjedi, President and CEO of Pacific Group Ventures.The fully repaid obligation to BNA Investment Capital and TRA Capital relates to a settlement agreement that arose from litigation that began in 2020.

“Our recent successes in restructuring our balance sheet have begun to yield increased cash flow available for our operations, which, we are convinced, will place our operating subsidiaries in a more favorable posture for increasing sales.” This further prepares and aligns with the Company’s goal of moving to a higher trading platform in the near future.

Not sure if she is capable of even doing that.

Guess the split designation is coming off in a day or two. Time to bait new gullible investors after that happens?

Market Cap Market Cap
62,680

03/01/2024
Authorized Shares
900,000,000

03/04/2024
Outstanding Shares
46,461,819

03/04/2024
Restricted
40,981,672

03/04/2024
Unrestricted
5,480,147

03/04/2024
Held at DTC
5,278,016

03/04/2024
Float
Not Available
Par Value
Not Available


https://www.otcmarkets.com/stock/PACVD/security

Yep. Sad really.

Product aside, company can't be taken seriously at this time based on past actions by Shannon and Marc.

OS increasing again. Rinse, wash, and repeat.

The market is valuing Shannon Masjedi’s stock at less than $100k.