Private citizen, George Sharp, responds to the hundreds of emails and telephone calls he has received from wounded investors seeking retribution for losses, by joining his lawsuit as additional plaintiffs. As previously announced, Mr. Sharp has launched litigation (San Diego County Division of California Superior Court Case No. 37-2013-00048310-CU-MC-CTL) for violations of California Business and Professions Codes 17529.5 (Anti-Spam), during a scheme to disseminate spam emails in order to artificially create a marketplace for the stocks of worthless companies at artificially high prices, in what is commonly known as a pump and dump scheme. Named as defendants in the case are: Degroupa Tenner Morales Media Corp. and Centro Azteca S.A., the current and former publishers of the Awesome Penny Stocks series of newsletters; and, Victory Mark Corp. Ltd., the publisher of newsletters Select Penny Stocks, Preferred Penny Stocks and Penny Stock Heroes. Several companies promoted by the newsletters were also identified as defendants, including: Xumanii; Harbor Island Development Corp; Red Giant Entertainment, Inc.; VuMee, Inc.; Pub Crawl Holdings, Inc.; PacWest Equities, Inc; Amwest Imaging, Inc.; Goff Corporation; Swingplane Ventures, Inc.; World Moto, Inc.; Taglikeme Corp; and, Pharmagen, Inc, which was known as SunPeak Ventures, Inc. and traded under the symbol 'SNPK', during that promotion. In an attempt to stem the tide of inquires he is receiving, Mr. Sharp advises parties interested in seeking reimbursement for losses incurred due to these nefarious schemes, to contact legal counsel, as he is unable to add additional plaintiffs to his litigation.

PacWest Equities Inc. has finalized the preliminary negotiations to acquire part or all of DayStar Technologies Inc.'s solar technology line of CIGS technology. The deal will include or be limited to the ownership of all of DayStar's solar assets, including its proprietary differentiated manufacturing process to produce low-cost monolithically integrated, silicon-free CIGS-on-glass modules that address the grid-tied, ground-based solar (PV) market.

Effective December 06, 2012, PacWest Equities Inc. will change its OTCPK stock ticker symbol to PWEI from PWEI.D.