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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion
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To: Offworld who wrote (315)6/17/1998 9:26:00 PM
From: Ryan Yu  Read Replies (1) of 716
 
Well Douglas,

Lets breakdown what has happened since late last year..

Peacock's upside:

* The Eastside Reservoir will be completed next year, and the local landowners have agreed to Peacock in homes/recreational developments.

* Colorado Homes Development with a cash influx from Bahamas-based Hawthorne.

* The Texas Home Development starting late this year.

* The Phillipines Home Development partnership with Sargonne Financial.

* The Spiffy Little Web Site.

* The Rumor that the Sultan will influx some cash into Peacock.

Peacock's downside:

* A proposed reverse stock split as shown on the web site that was not put into effect. Rumors of such a split may have made Peacock investors very uneasy.

* Sharp decrease in revenues compared to Q1, however expenses are lower than the same time last year. Q2 experienced a loss of about $244,415. Which wasn't good.

Maybe the MM's are artificially lowering the prices of PFCK commons to open the doorway to more institutional investors who want a high value company stock at these cheap prices. Thats all I can come up with. There are no news stories pushing this stock down unless this is some grease-ball stuff, or too many shorts... I'll probably buy some more when it dips below .20

Ryan
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