C05584-2017

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Sep 6, 2017
2. SEC Identification Number
013039
3. BIR Tax Identification No.
320-000-484
4. Exact name of issuer as specified in its charter
PACIFICA, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
c/o Manila Harbour Centre, R-10, Vitas, Tondo, Manila Postal Code 1013
8. Issuer's telephone number, including area code
(632) 637 8851
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common shares 40,000,000,000
11. Indicate the item numbers reported herein
9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Pacifica, Inc.PA

PSE Disclosure Form 4-32 - Reply to Exchange's Query

Subject of the Disclosure

Reply to Exchange's Request for Updates on Business Plan
Description of the Disclosure

In response to the request of the Exchange for information, we submit the following updates on the Company's business plan.
Information Requested

We reply to your letter dated July 24, 2017 relating to the business plan of the Company and which requested the Company to respond to the Exchange’s request for update on the following matters, to which we reply to in seriatim:

1. Timetable for the infusion by iHoldings, Inc., a shareholder of the Company, of PhP2,500,000 to be booked as “Deposit for Future Subscription”.

As indicated in our disclosure dated April 7, 2017, the intention was for iHoldings, Inc. to be the party providing the capital. However, upon implementation, it was Unido Capital Holdings, Inc. that provided the infusion since it has more shares in the Company. As of the period ending June 30, 2017, Unido Capital Holdings, Inc. has infused a total of Two Million Pesos (PhP2,000,000.00) as “Deposit for Future Subscription.” The remaining Five Hundred Thousand Pesos (PhP500,000.00) will be invested by Unido Capital Holdings, Inc. within the month.

2. Status of the acquisition of revenue-generating assets with strong operating models in the industries of, but not limited to, food or retail.

The Company continues to make market studies to evaluate particular assets in the food or retail industries, and in other industries with positive growth outlook, which could generate revenue for the Company. Consequently, the Company has not yet arrived at a final decision as to which assets shall be acquired or bidded for by the Company.

3. Update/s on the possible increase in the Company's authorized capital stock.

The Company is looking to increase its authorized capital stock to up to Five Billion Pesos (PhP5,000,000,000.00), although such increase is likely to be done in tranches. For this purpose, the Company is proposing to include in its Information Statement and bring up this matter during the upcoming Annual Meeting of the Stockholders. Please note, however, that while the Board of Directors is expected to pass a resolution on this matter prior to the said Annual Meeting of the Stockholders, the Board of Directors has not yet approved such an increase as of the date hereof.

4. Update on talks with potential partners in different industries for possible acquisition/s.

With respect to potential partners, the Company is currently exploring its options and is still preparing to undergo talks with potential partners. The Company is assessing the timing of its commitments with potential partners vis-à-vis the timing of the implementation of the increase in the authorized capital stock to maximize any return on investment, taking into consideration the current and projected business climate. To date, no definitive agreements have been made.

5. PA’s business plan to bring is stockholders’ equity from negative to positive.

The Company is currently undertaking risk evaluation and opportunity assessment, with respect to the industry and the Company internally, to aid in formulating its business plan. Depending on the timing of the implementation of the increase in authorized capital stock and on current business climate, the Company will evaluate its options for possible investments.
Filed on behalf by:
Name Patricia Janelli Davide
Designation Alternate Corporate Information Officer