Current Report Filing (8-k)
September 08 2021 - 4:24PM
Edgar (US Regulatory)
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2021-08-27
2021-08-27
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report: August 27, 2021
(Date
of earliest event reported)
PACIFIC
VENTURES GROUP, INC.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
000-54584
|
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75-2100622
|
(State
of Incorporation)
|
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Commission
File Number
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(IRS
EIN)
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117
W 9th St. Suite 316
Los
Angeles, CA 90015
(Address
of principal executive offices)
(310)
392-5606
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
☐
Emerging growth company
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class
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Trading
Symbol(s)
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Name
of Each Exchange on which Registered
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Common
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PACV
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OTC
Pink
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Item
1.01
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Entry
into a Material Definitive Agreement
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On
January 21, 2020 Pacific Ventures Group, Inc. (the “Corporation”) entered into a Consulting Agreement (the “Agreement”)
with Tysadco Partners (the “Consultant”). Pursuant to the terms of the Agreement, the Consultant provided consulting services
to the Corporation related to the execution of the Corporation’s growth plans, capital requirements, and the evaluation of capital
markets for a period of 12 months. Pursuant to the terms of the Agreement, the Consultant was entitled to a monthly cash fee and stock
issuance for the term of the Agreement.
The
foregoing description of the Agreement is qualified in its entirety by reference to the full text of the Agreement attached as an exhibit
hereto.
Item 3.02
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Unregistered Sales of Equity Securities
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On
January 5, 2021, the Corporation issued 83,928 restricted shares of common stock of the Corporation pursuant to the Agreement described
in Item 1.01 above. In connection with the issuance, the Corporation relied upon the exemption from securities registration provided
by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions not involving a public offering.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned hereunto duly authorized.
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Pacific
Ventures Group, Inc.
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Dated:
September 8, 2021
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By:
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/s/
Shannon Masjedi
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Shannon
Masjedi, CEO
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Pacific Ventures (CE) (USOTC:PACV)
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