PFCK Gets $50 million cash infusion Message Board

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

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To: Offworld who wrote (423)	9/16/1998 3:31:00 PM
From: Ryan Yu	of 716

BDC = Backup Domain Controller Stupid NT joke.. I better quit. Hmmm.. Lets look at the chain of events: Peacock's financing agreement with Hawthorne falls through, so Hawthorne must return all the shares given as per the agreement. (+) Peacock announces it wishes to acquire Linzy Capital. Peacock announces influx of funding and buyback of its' shares. (+) (+) Peacock now makes a secondary offering to new shareholders, creating a financing agreement with new shareholders, and not with Hawthorne. This news is about as good as the $50 million from Hawthorne back in April (where Peacock would have to pay back Hawthorne 10% interest + shares, in this situation Peacock needs to pay back noone.) The financing from the new shares will assist in purchasing Linzy Capital and the real estate for future projects. I think I will raise my rating for PFCK from a "rip off" to a "cautious". See ya later four, Ryan

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