Private company

Pacific Ventures Group, Inc.

Pacific Ventures Group, Inc. is an American beverages company, incorporated in Delaware.¹ It is headquartered in Los Angeles, California.¹

Last updated Oct 21, 2026.

Overview

IndustryBeverages¹
HeadquartersLos Angeles, California¹
Incorporated inDE²
Business address117 West 9Th Street Suite 316, Los Angeles, Ca 90015²
Filer categoryNon-accelerated filer, Smaller reporting company²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

13.2%Gross margin³

-8.1%Operating margin³

-19.4%Net margin³

-5.0%Revenue growth, 2022³

Where the money goes

Where each dollar of revenue went, fiscal 2022

Cost of revenueSelling, general and admin

Cost of revenue76¢$34.7M
Selling, general and admin14¢$6.5M
Interest10¢$4.5M

Out of $39.9M in revenue.³ The company lost money this year.

Financial statements

Revenue⁴⁵³$39.9M in 2022+1143% since 2018

Gross profit⁶⁴⁵³$5.3M in 2022+191353% since 2016

Operating income⁶⁷⁴⁵³-$3.2M in 2022+773% since 2016

Net income⁷⁴⁵³-$7.7M in 2022+1476% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Revenue			$3.2M⁴	$5.9M⁴	$30.2M⁵	$42.0M³	$39.9M³
Cost of revenue	$2.0K⁶		$2.4M⁴	$5.1M⁴	$26.9M⁵	$37.1M³	$34.7M³
Gross profit	$2.7K⁶		$819.2K⁴	$848.0K⁴	$3.4M⁵	$4.9M³	$5.3M³
Selling, general and admin	$358.0K⁶	$463.7K⁷	$929.0K⁴	$1.4M⁴	$5.1M⁵	$5.9M³	$6.5M³
Operating expenses						$8.3M³	$8.5M³
Operating income	-$371.1K⁶	-$487.0K⁷	-$930.5K⁴	-$1.7M⁴	-$3.7M⁵	-$3.4M³	-$3.2M³
Interest	$32.1K⁶	$125.0K⁷	$617.4K⁴	$970.5K⁴	$2.2M⁵	$3.5M³	$4.5M³
Income before tax						-$6.9M³	-$7.7M³
Net income	-$490.7K⁷	-$590.1K⁷	-$1.5M⁴	-$2.7M⁴	-$5.9M⁵	-$5.6M³	-$7.7M³
Earnings per share						-$0.18³	-$0.02³
Shares (weighted, basic)						31.6M shares³	468.6M shares³

Total assets⁶⁷⁴⁵³$6.2M in 2022+10291% since 2016

Total liabilities⁶⁷⁴⁵³$26.0M in 2022+1492% since 2016

Shareholders’ equity⁷⁴⁵³-$19.8M in 2022+1159% since 2016

Cash¹¹⁷⁴⁵³$259.9K in 2022+928% since 2016

Long-term debt¹²⁵³$14.9M in 2022+2117% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash	$25.3K¹¹	$69⁷	$118.6K⁴	$316.0K⁴	$58.2K⁵	$16.4K³	$259.9K³
Receivables						$1.4M³	$1.1M³
Inventory						$1.4M³	$899.0K³
Current assets	$27.8K⁶	$8.2K⁷	$593.6K⁴	$2.7M⁴	$2.8M⁵	$3.1M³	$2.6M³
Property, plant and equipment						$878.2K³	$591.6K³
Goodwill						$491.0K⁵	$370.2K³
Intangible assets						$3.2M³	$2.9M³
Total assets	$59.6K⁶	$36.0K⁷	$1.7M⁴	$8.8M⁴	$8.2M⁵	$7.6M³	$6.2M³
Accounts payable						$3.5M³	$3.8M³
Short-term debt						$1.5M⁵	$469.2K³
Current liabilities	$424.6K⁶	$1.3M⁷	$1.9M⁴	$3.9M⁴	$7.4M⁵	$8.4M³	$11.0M³
Long-term debt	$671.2K¹²					$13.6M⁵	$14.9M³
Long-term liabilities						$14.0M³	$15.0M³
Total liabilities	$1.6M⁶	$1.7M⁷	$4.3M⁴	$13.4M⁴	$18.7M⁵	$22.4M³	$26.0M³
Retained earnings						-$21.2M³	-$29.0M³
Shareholders’ equity	-$1.6M⁷	-$1.6M⁴	-$2.6M⁴	-$4.6M⁵	-$10.5M⁵	-$14.7M³	-$19.8M³
Shares outstanding	27.3M shares⁶	31.8M shares⁷	237.3M shares⁷	570.9M shares⁴	16.9M shares⁵	39.1M shares⁵	468.6M shares³

Cash from operations⁶⁷⁴⁵³-$4.0M in 2022+617% since 2016

Capital spending⁴⁵³$55.5K in 2021−61% since 2018

Free cash flow⁴⁵³-$2.4M in 2021+37% since 2018

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash from operations	-$559.2K⁶	-$512.0K⁷	-$1.6M⁴	-$2.6M⁴	-$2.3M⁵	-$2.3M³	-$4.0M³
Depreciation and amortization						$567.0K³	$498.7K³
Capital spending			$141.4K⁴	$1.4M⁴	$186.5K⁵	$55.5K³
Free cash flow			-$1.7M	-$4.0M	-$2.5M	-$2.4M
Cash from investing						-$55.5K³	$172.8K³
Cash from financing						$2.3M³	$4.1M³

Compare Pacific Ventures Group, Inc. with another company

What it owns

What Pacific Ventures Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Buildings and improvements	$29.7K³ Dec 31, 2022	$29.7K³ Dec 31, 2021	0%
Machinery and equipment	$1.1M³ Dec 31, 2022	$1.1M³ Dec 31, 2021	0%
Furniture and fixtures	$23.9K³ Dec 31, 2022	$23.9K³ Dec 31, 2021	0%
Leasehold improvements	$66.9K³ Dec 31, 2022	$66.9K³ Dec 31, 2021	0%
Accumulated depreciation	$1.2M³ Dec 31, 2022	$932.1K³ Dec 31, 2021	+30.7%
Property and equipment, net	$591.6K³ Dec 31, 2022	$878.2K³ Dec 31, 2021	−32.6%
Operating-lease assets (leased space)	$125.0K³ Dec 31, 2022	$374.0K³ Dec 31, 2021	−66.6%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$259.9K³ Dec 31, 2022	$16.4K³ Dec 31, 2021	+1481.6%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$370.2K³ Dec 31, 2022	$491.0K⁵ Dec 31, 2021	−24.6%
Intangible assets, net (excluding goodwill)	$2.9M³ Dec 31, 2022	$3.2M³ Dec 31, 2021	−11.8%
Indefinite-lived intangibles (excluding goodwill)	$3.2M³ Dec 31, 2022	$3.2M⁵ Dec 31, 2021	−1.6%

Inventory

Item	Latest	A year before	Change
Inventory, total	$899.0K³ Dec 31, 2022	$1.4M³ Dec 31, 2021	−35.5%

Leadership

Who has led Pacific Ventures Group, Inc., and when. Pick a name to see everywhere that person has worked.

President

Chief operating officer

Shannon Masjedi2015

201520202025

PresidentShannon Masjedi Oct 5, 2015 to Oct 5, 2015¹³
PresidentKip Eardley Mar 26, 2013 to Mar 26, 2013¹⁴
Chief operating officerShannon Masjedi Oct 5, 2015 to Oct 5, 2015¹³

Board members and other officers (4)

EXECUTIVE VICE PRESIDENTMarc Shenkman Oct 5, 2015 to Oct 5, 2015¹⁵
Board memberMarc Shenkman Oct 5, 2015 to Oct 5, 2015¹⁵
Board memberShannon Masjedi Oct 5, 2015 to Oct 5, 2015¹³
Board memberKip Eardley Mar 26, 2013 to Mar 26, 2013¹⁴

Former names

AMERICAN EAGLE GROUP INCDec 9, 1996 to Nov 14, 2012²

Timeline

Feb 6, 20248-K Bylaws or fiscal year changed¹⁶
Dec 21, 20238-K Executive or director change; Other events¹⁷
Oct 27, 20238-K Entered a material agreement¹⁸
Dec 22, 20218-K Entered a material agreement; Unregistered sale of shares¹⁹

Filings

26 filings to the SEC since October 2021: 2 annual reports, 8 quarterly reports, 4 major events, 12 other. The latest 20:

Apr 16, 202515-12G EDGAR
Apr 1, 2024NT 10-K EDGAR
Feb 6, 20248-K EDGAR
Dec 21, 20238-K EDGAR
Nov 21, 202310-Q EDGAR
Nov 16, 2023NT 10-Q EDGAR
Oct 27, 20238-K EDGAR
Sep 25, 202310-Q EDGAR
Aug 18, 2023NT 10-Q EDGAR
Jul 19, 2023DEF 14C EDGAR
Jun 29, 2023PRE 14C EDGAR
Jun 21, 202310-Q EDGAR
Jun 1, 202310-K EDGAR
May 16, 2023NT 10-Q EDGAR
Apr 4, 2023NT 10-K EDGAR
Nov 22, 202210-Q/A EDGAR
Nov 22, 202210-Q EDGAR
Nov 15, 2022NT 10-Q EDGAR
Aug 22, 202210-Q EDGAR
Aug 15, 2022NT 10-Q EDGAR

The 26 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Pacific Ventures Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARPacific Ventures Group, Inc.¹
CIK0000882800
Employer ID (EIN)75-2100622¹
Filer statusNon-accelerated filer<br>smaller reporting company¹
Incorporated inDelaware¹
Fiscal year endsDecember 31¹
Industry code (SIC)2080 Beverages¹
SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance¹
Business address117 West 9Th Street Suite 316, Los Angeles, CA 90015¹
Phone310-392-5606¹
Shares outstanding906,521,624 as of Nov 17, 2023¹⁰
Public float$7.9M as of Jun 30, 2022³
On EDGAR sinceMay 10, 1996¹
Filings244 in all: 10-Q (42), 8-K (34), NT 10-Q (23), UPLOAD (19), 10-K (12), SC 13G/A (12), CORRESP (11), 10-Q/A (10)¹
All 39 form types
NT 10-K (10), SC 13G (9), DEF 14C (6), PRE 14C (6), S-1/A (6), 5 (4), 10-K/A (3), 3 (3), PRER14A (3), S-1 (3), SC 13D (3), SC 13D/A (3), DEFR14C (2), EFFECT (2), PRER14C (2), 10-12G (1), 10-12G/A (1), 10-K405 (1), 10-K405/A (1), 15-12G (1), 15-15D (1), 15-15D/A (1), 424B3 (1), DEFS14A (1), NT 10-Q/A (1), PRE 14A (1), PRES14A (1), RW (1), S-8 (1), S-8 POS (1), SC 14F1 (1)
Latest filingsAnnual report (10-K) Jun 1, 2023
Quarterly report (10-Q) Nov 21, 2023
Latest 8-K (8-K) Feb 6, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARPacific Ventures Group, Inc. filings on SEC EDGAR
2
SEC EDGARPacific Ventures Group, Inc. filings on SEC EDGAR
3
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2022
4
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2018
5
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2020
6
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2016
7
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2017
8
SEC EDGARPacific Ventures Group, Inc. 10-Q for fiscal 2023
9
SEC EDGARPacific Ventures Group, Inc. 10-Q for fiscal 2023
10
SEC EDGARPacific Ventures Group, Inc. 10-Q for fiscal 2023
11
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2016
12
SEC EDGARPacific Ventures Group, Inc. 10-K for fiscal 2016
13
SEC EDGARShannon Masjedi, President
14
SEC EDGARKip Eardley, President
15
SEC EDGARMarc Shenkman, EXECUTIVE VICE PRESIDENT
16
SEC EDGARBylaws or fiscal year changed
17
SEC EDGARExecutive or director change; Other events
18
SEC EDGAREntered a material agreement
19
SEC EDGAREntered a material agreement; Unregistered sale of shares