Item 1.01 Entry into a Material Definitive Agreement

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 Unregistered Sales of Equity Securities

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.





Item 9.01 Exhibits.




Exhibit No.   Description
99.1            Consulting Agreement between the Corporation and Tysadco
              Partners
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)

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