To: usman ahmad who wrote (6863 ) 8/11/1999 1:00:00 PM From: Baram Respond to of 150070
PFCK news Peacock Financial Announces Formation of Internet Advisory Firm ''DOTCOM Ventures LLC'' SAN JACINTO, Calif.--(BUSINESS WIRE)--Aug. 11, 1999--Peacock Financial Corp. (OTC BB:PFCK) announced that it has become a 35% equity partner in newly created DOTCOM Ventures, LLC that has been formed to evaluate potential Internet opportunities and to assist corporate clients with their online business strategies. Steven R. Peacock, president of Peacock Financial, stated, ''DOTCOM Ventures is made up of a most talented team, providing valued market presence and experience to advise Peacock Financial on possible timely investments in the ever-growing, ever-changing Internet and e-commerce marketplace.'' The team, consisting of Alan Lewis, Scott Roberts, Steve Williams and Frank Bigham, has been involved in the development of such well known projects as Anthony Robbins (www.AnthonyRobbins.com); E-Toys.Com (www.etoys.com); Mail Boxes, Etc. (www.mbe.com); Realtor.Com (www.realtor.com); and SpinRecords.Com (www.spinrecords.com). Peacock further stated, ''In addition to developing a new and exciting Web site for Peacock Financial, DOTCOM Ventures has acquired a 25% stake in a new business-to-business financial Web site, the name of which will be disclosed later, and it is in the final stage of negotiation for an equity position in a unique informational Web site for the motion picture industry.'' Peacock Financial is a fully reporting investment holding company registered with the Securities and Exchange Commission as a Business Development Corporation under the Investment Company Act of 1940. Current holdings include investments in real estate, and in investment banking specializing in professional sports and the Internet. -------------------------------------------------------------------------------- Contact: Peacock Financial Steven Peacock, 909/652-3885 peacockfinancial.com or Stock Enterprises Jim Stock, 702/614-0003 (investor relations)