PFCK on the list, just got this Copperwire mail FWIW, note the disclaimer.
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TheCopperWire
PFCK finally busted its high of .375. Currently we are awaiting the
announcement of the underwriter for the SMI IPO, to be dividended to PFCK
shareholder by DEC.31. SMI is said to be IPOing near $20 on the Nasdaq.
PFCK has entered what we believe is the first large momentum wave for the
company. Steve Peacock continues to forge ahead looking for high value
potential companies that just need a little push to take off. Most of
which we believe he intends to spin off and offer dividends to PFCK
shareholders. Steve's expertise and experience in real estate development
has become a huge asset for the company.
This is what we call momentum.
We asked Steve a few questions about what was up with the soccer stadium
this is what he told us.
"We met TSG through seeking to find financing for the soccer stadiums.
TSG is a newly formed consortium of high profile entities that have
created a new way to finance mega-stadiums without requiring voter
referendums.
What we have discovered is that this financing can be used to build
hospitals, schools, etc. We will become their western regional
representative and are waiting for our intial contract which will be as a
finder. It will expland from there.
We are working on 3 projects right now. Totaling about $200 million in
financing. We made a presentation to the Metropolitan Water District to
finance their recreational property and they invited us to send them a
letter of interest, which TSG did to the tune of $75 million for their
first phase.
The other projects include the University of California, Riverside for $60
million+ and Portland, Maine, which came to us through a PFCK shareholder,
for about $60 million.
Peacock can be just a finder or be involved in the process to obtain
funding as a facilitater and even be involved in the project development.
Each scenario produced a fee structure or fee/equity position.
These guys are getting involved in all the major venues across the country
and recognize that they need field representation on a local level. They
are dividing the US into 5 regions and we will represent the southwest
region.
This is all unfolding as we speak. I expect to have the initial finder's
contract in place this month with a press release.
Our next meeting with MWD is the middle of January. This is a huge
opportunity, obviously, that will bring high visibility to Peacock real
estate in the Valley and elsewhere in So. Cal.
So the beat goes on.
Steve"
CONTACT:Investor Relations: Jim Stock of Stock Enterprises, 702-614-0003;
or Steven R. Peacock of Peacock Financial, 909-652-3885
We will be digging in and researching these deals and updating as we get
info.
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