PFCK Gets $50 million cash infusion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fli-by who wrote (365)	8/4/1998 4:28:00 PM
From: Global Media Communications	of 716

You guys wanted the goods, well here is what I got from my call with Steven Peacock, PFCK's President. 1) The reason for the rise in PFCK in April was due to the news of the Hawthorne aquisition. Being infused with the cash to carry on with Peacock's Real Estate Development is great news. "A seven to nine month relationship with Hawthorne, entered into in Nov 97, March announcing financing being switched from debt to equity spiked PFCK to $1.45---nothing materialized hence dip in share price. Hawthorne has not performed, hence the linking up with Linzy Capital Corp. We are about to unwind Hawthorne from financing partner to Consultant. A roll back from 30 million shares to 15-16 million will occur. I am not sure if the rest will fit so I will "Submit Response" and continue on on another post.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next