PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
The Board of Directors of Pacific Ventures Group Inc. (OTC: PACV), today made some changes to its management team as follows: Bob Smith was removed from the Chief Executive Officer (CEO) position and the Board of Directors; Shannon Masjedi was made the Chief Executive Officer (CEO) and President; Frank Igwealor was made the Chief Financial Officer (CFO); Eddie Masjedi was made the Executive Manager in charge of business development; and Marc Shenkman was elected the Board Chairman. Mr. Igwealor will serve on the Finance Committee of the Board of Directors. There are no arrangements or understandings between Mr. Igwealor and any other persons to which Mr. Igwealor was selected as a CFO.
About PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV)
Pacific Ventures Group, Inc., formerly American Eagle Group, Inc., offers solutions within the food, beverage, alcohol and hospitality industries. The Company is the trustor and beneficiary of Snobar Trust. Snobar Trust holds International Production Impex Corporation (IPIC). IPIC holds the rights of the liquor licenses to sell alcohol-infused ice cream and ice-pops products and trade names SnoBar. IPIC is a food and beverage, alcohol distribution company that is engaged in marketing products, such as SnoBar alcohol infused ice pops, and SnoBar alcohol infused ice cream and sorbet. The SnoBar ice pops are frozen alcohol beverage bars, similar to popsicles on a stick, but made with liquor, such as tequila and vodka. SnoBar ice pops are manufactured in approximately three flavors: Margarita, Cosmopolitan and Mojito. SnoBar ice creams are ice cream and sorbets that are distilled spirit cocktails containing approximately 20% liqueurs and liquors. PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV) Recent Trading Information
PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV) closed its last trading session up +0.007 at 0.645 with 43,155 shares trading hands.
Pacific Ventures Group, Inc., formerly American Eagle Group, Inc., offers solutions within the food, beverage, alcohol and hospitality industries. The Company is the trustor and beneficiary of Snobar Trust. Snobar Trust holds International Production Impex Corporation (IPIC). IPIC holds the rights of the liquor licenses to sell alcohol-infused ice cream and ice-pops products and trade names SnoBar. IPIC is a food and beverage, alcohol distribution company that is engaged in marketing products, such as SnoBar alcohol infused ice pops, and SnoBar alcohol infused ice cream and sorbet. The SnoBar ice pops are frozen alcohol beverage bars, similar to popsicles on a stick, but made with liquor, such as tequila and vodka. SnoBar ice pops are manufactured in approximately three flavors: Margarita, Cosmopolitan and Mojito. SnoBar ice creams are ice cream and sorbets that are distilled spirit cocktails containing approximately 20% liqueurs and liquors. PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV) Recent Trading Information
PACIFIC VENTURES GROUP, INC. (OTCMKTS:PACV) closed its last trading session up +0.007 at 0.645 with 43,155 shares trading hands.
