Pacific Software Inc (PK) (PFSF) News

This company is worthless…..it’s a POS with a crap load of restricted stock, which means it’s about as valuable as used toilet paper….possibly less.

No registration statement = worthless toilet paper….

If a company issues stock for cash, it should be free trading at some point. To issue restricted stock, and never register it is an out and out scam….

This should be illegal!

Very interesting - hopefully something good going down the pipe.

Look like $14mil in debt got wiped off from today filings on page 19

https://www.otcmarkets.com/otcapi/company/financial-report/346087/content

I da shitter….most of the early stock in this shitshow was issued by John Graham Simmonds who is now serving an (8) year bid in federal prison in Canada for fraud….with another criminal matter charges “stayed”….

It was ALL restricted legend stock, which means it is asswipe unless the company decides to register it via a registration “event”…

With the stock playing handball against the curb, this is unlikely / never going to happen.

Stay away from restricted penny stock from companies in Nevada…..most are a scam waiting to happen.

Search AC Simmonds & Co. to see for yourself.

LOL

thanks I will...

$PFSF Pacific Software Announces Restructuring of Certain Debts and DerivativesPress Release | 04/27/2022

CHARLOTTE, NC / ACCESSWIRE / April 27, 2022 / Pacific Software, Inc. (OTC PINK:PFSF), a restaurant developer and brand incubator, today announced the restructuring of certain debts to improve the company's capital structure and balance sheet in preparation for 2022 growth goals.

"In the last year we've worked hard to right-size the Company's financials and capital structure as our current restaurant investments have begun to bear fruit," said Chief Operating Officer Michael Finkelstein. "As we prepare to launch multiple new locations and brands imminently, this restructure was a key step in preparing for what we expect will be substantial growth in 2022. I'm excited about Pacific's new direction and look forward to sharing our progress over the coming months."

Under the changes, the company restructured approximately $3,000,000 of legacy notes to a fixed price conversion rate from a fixed percentage conversion rate. This change eliminates premiums recognized as a liability and interest expense upon note issuance. As the premiums were eliminated due to restructuring the notes to fixed price conversions, the Company recognized significant gains on debt extinguishment. Under the restructured debt the Company has simplified accounting, transparency, and improved the predictability of the Company's capital structure.

About Pacific Software, Inc.

Pacific Software, Inc. (OTC PINK:PFSF), through its subsidiaries and joint ventures, is an owner, partner, and investor in the restaurant business in the US, organized to both develop new restaurants and incubate promising brands. The Company's portfolio of unique fast-casual and family-style brands includes The Gallo Group of restaurants, operated by Raffaele Gallo and James Beard award-winning chef Guiseppe Castellano, a World of Beer location, and The Good Wurst chain by renowned restaurateur Lincoln Clark. For more information, please visit www.pacific-software.com.

Forward-Looking Statements

This press release may include certain statements that are forward - looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. The forward-looking statements in this press release are based on Pacific Software, Inc, current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include Pacific Software's anticipated new developments, business prospects, financial performance, strategies and similar matters. Pacific Software disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

CONTACT:

Michael Finkelstein COO
Tel: 704 397 7622
Email: whalehaven.michael@gmail.com

saw 1.1m float but hell talk about toxic debt, they gonna have to give alot of shares out, will set an alarm and recheck .03s

Thanks

Most of them are.

Any chance of a run?

This is a scam…..

Just bought some - anybody still in this?

Who the Fu&k is Mittler? He is a Ghost....Doesn’t exist....else we would be able to find out something about him/her/it!

Look at the facts...you are a named CEO of a public company, registered in Nevada...one where the SERIAL SIMMONDS Fraudster owns the majority share, and you have (3)...count them again....(3) contacts on LinkedIn......

This guy is surely super fake...like a $3 bill.....or....a lap dog / puppet of the SERIAL SIMMONDS Fraudster, one who moves with the limited dexterity of Simmonds left hand, when it is free of handcuffs, shoved way up Mittler’s A$$....well...you know the answer.

Probably gleaned the name off a tomestone, or....some homeless dude who resides in Nevada.....

Mittler, prove who you are..where did you goto school, where is your state of residence.....

Another Simmonds shellco game? Who is the CEO Mittler? Does anyone have a video, audio recording or a picture of this dude?

Does he even exist?

Are the financials and regulatory filings up to date?

News: $PFSF Pacific Software Inc. (PFSF) Prepares to Advance China-Brazil Trade through BOAPIN Launch

Pacific Software is a development technology innovator focused on facilitating greater trade between China and Latin America The company is preparing to take import industry subscribers for its new BOAPIN blockchain-based trade solution The company’s virtual technological Silk Ro...

In case you are interested https://marketwirenews.com/news-releases/pacific-software-inc-pfsf-prepares-to-advance-china-brazil-trade-through-boapin-launch-7552108.html

Simmonds now has a date with Bubba

http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/news/bay-street-executive-rearrested-charged-with-being-involved-in-a-criminal-organization

What a total POS,

SIMMONDS, fresh off being charged in a 30M$ fraud relating to AC Simmonds, and still under house arrest I believe, is now at it again....

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11789462

Will this DB ever learn?

He is a SERIAL SIMMONDS FRAUDSTER, so beware of this clown. He has also been charged with FRAUD in connection with Fanotech.

People, all of this is in the public domain, so you don't have to go very far to figure this out. He has screwed over 1000's of investors and he is now at it again.

Q. With so many fraud charges pending before the courts, why would PFSF even consider this POS for anything more than a janitorial position. This will be good training for him, because once he is convicted and goes away to jail for his FRAUDS, he will need to learn a few new skills.

He gifted himself most of the equity in PFSF when he created Vertility Oil and Gas, so this shell is tainted with the smell of a SERIAL SIMMONDS FRAUDSTER.

One piece of advice, STAY THE F$&K AWAY.

Less stock certs mean less toilet paper to wipe with. This POS is dead, because it was baked by Simmonds.

PFSF one for 10 reverse split:

http://otce.finra.org/DLSymbolNameChanges

I considered buying this again before the dereg but glad i didnt. 1 for 10 and a .50 stock???? I doubt 5.00 is going to be the new value for long.

$PFSF 1:10 R/S

PFSF is going dark.....what a POS!

Another Simmonds "winner".....hardly.

Bye bye ca$h, so long, see ya!

I'm going to mi$$ you....

Where did all the investor ca$h go JGS? You sold 100's of people this worthless POS, now you are shutting it down. I guess your dream team management tweet not up for the challenge.

FRAUDSTER

Let's start with Management filing the appropriate, long overdue (1 1/2 years and counting) financials. How can you make a buy decision unless you know the companies true financial picture?

Well. I have added this one to the watch. Maybe someday something will happen.

Stocks like these can not stay dormant forever. They have to move at some point.

I may snatch some of this if I can get it on the bid very very cheap

Anyone still in this?

http://finance.yahoo.com/news/c-simmonds-sons-inc-blvd-180031190.html

http://finance.yahoo.com/news/blvd-holdings-inc-name-change-190226543.html

http://biz.yahoo.com/e/140409/blvo8-k.html

http://www.marketwired.com/press-release/blvd-holdings-inc-otcqb-blvo-acquires-goudas-food-products-and-investments-ltd-otcqb-blvo-1893577.htm

What does that mean?

W.I.T.P!!!!!!!!

http://www.vertilityoilandgas.com/

Investors,

I would not so much as touch this company since the company head John Simmonds walked off with 11.3 millions dollars from Wireless Age Communications and left investors with nothing. Mr. Simmonds should make full amends for the loses those investors have suffered !!!

Stocksurf15

Why doesn't everyone just say what they are really thinking? We just made a mistake and got involved with the wrong people and the wrong company.

Has anyone heard anything? It has been months and no word from the company.

It looks like that the press release (8-k) was released today and they have added 3 board members. I suppose there must must be a reason for doing this (listing?).

I am very confident we will have news sometime soon, definitely before the end of the year or early 2014.

I am still looking into this one hedge, but have some concerns on the background of the CEO and investor experience in his prior companies. Can you provide any information on how investors have made out with the CEO in other settings?

How do you know that in 30 to 45 days that this company is going to be hot? There has been no press releases to indicate that news is coming out.

I believe investors should be aware of the track record of the Management team. Mr. Simmonds last endeavor was a company called Wireless Age WLSA. This company as well as New Look Industries failed due to the complete incompetence of Mr. Simmonds. His claims of success around Clublink are highly overstated. Investors should do their homework before investing. My last post of this nature was of course removed by the usual posters that work for Mr. Simmonds. Look at the name of the posters and then do a history search on WLSA and you will see a familiar pattern. Those who fail to learn from history are doomed to repeat it.

Sounds like a great idea

As soon as this wakes up, I propose a Conference Call so that we can get have a Fully Transparent Investing Atmosphere.

I would love to be able to grab some at $.50. I think we get to $2 rather quickly with this silly small float on any sort of news/acquisitions.

the 8-k explains some. you will have to be patient until ACQUISITION and Biz Dev. Plans hit the wires. Until then that is sensitive material that they must divulge. THey can't put it in an i-box if it is not public yet etc as you know.



Just give this a FEW WEEKS and you will see.

thanks Starz. I will look into this, but need I-Box completed in order for anyone to be able to begin DD on this as a potential investment. The I-box for this board should explain company, investment thesis, share structure ,etc.

Nice!! Board marked bro :)

Keeping it on watch Hedge!

cool looking forward to it

QB http://www.otcmarkets.com/stock/PFSF/company-info

21

I think we are within 30-45 days of seeing action heat up here. It is going to get HOT HOT HOT. Anything around $.50-$.75 is a buy imo.