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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion

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To: fish who wrote (640)12/13/1999 11:20:00 PM
From: DO$Kapital  Read Replies (1) of 716
 
>>>>>>>><>ooo<><<<<<<<<<<, do you have a price target on PFCK?

SAN JACINTO, Calif., Nov. 17 /PRNewswire/ -- Peacock Financial Corporation (OTC Bulletin Board: PFCK - news) has announced that it has established the record date for a distribution of San Diego-based SOLUTIONS MEDIA, INC. dba SpinRecords.Com (''SMI'') shares owned by the Company. The official date of record is set for close of business December 31, 1999. For roughly every 100 shares of Peacock Financial Corporation owned, Peacock shareholders will receive one share of SOLUTIONS MEDIA/SpinRecords.Com, with the actual distribution date subject to the approval of SOLUTIONS MEDIA/SpinRecords.Com. This is the second distribution and dividend made by the Company since becoming a fully reporting Business Development Company under the Investment Act of 1940. The first such distribution, paid in July 1999, consisted of shares of San Diego Soccer Development Corp. (SDSDC), owner of the FLASH, a professional soccer team franchise. On September 29, 1999 SDSDC filed its Form 10-SB with the Securities & Exchange Commission.
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