ACCESS Newswire
14 Sep 2021, 18:07 GMT+10
New and Existing Customers Continue to Increase Business
LOS ANGELES, CA / ACCESSWIRE / September 14, 2021 / Pacific Ventures Group, Inc. (OTC PINK:PACV) (the 'Company'), a food and beverage holding company specializing in the distribution of consumer food, beverage and alcohol-related products, is pleased to announce that the Company generated $4.3 million revenue in the month of July 2021, a new monthly record for the Company. As California continued to lift restrictions and new and existing customers ramped up their business, the Company witnessed an increase in sales, as demonstrated by this 68% growth over July 2020.
Ms. Shannon Masjedi, Pacific Venture Group's Chief Executive Officer, commented, 'Once again our sales beat our internal projections and set a new monthly record for our Company. The expansion plans we have put in place, such as additional equipment lines and trucks, have enabled us to service the additional business by new and existing customers. This 68% growth to $4.3 million revenue for July represents a single month high record for our Company.'
About Pacific Ventures Group, Inc.
Pacific Ventures Group, Inc. (OTC: PACV) is focused on expansion within the consumer products, food, beverage and alcohol-related industries. For more information on PACV, please visit www.pacvgroup.com. (You need to be at least 21 years of age (legal age to consume alcohol) to visit the section of the web site dedicated to SnöBar.)
Safe Harbor Statement
Forward-Looking Statement: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include but are not limited to, the inability of the company to obtain financing sufficient to maintain its operations and execute its acquisition strategy; the inherent uncertainties associated with smaller reporting companies; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
Investors Contact:
[email protected]
SOURCE: Pacific Ventures Group, Inc.
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