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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion -- Ignore unavailable to you. Want to Upgrade?

To: CBurnett who wrote (654)	12/21/1999 9:15:00 PM
From: bob sims	Respond to of 716

SAN JACINTO, Calif.--(BUSINESS WIRE)--Dec. 21, 1999--Peacock Financial Corporation (OTC BB: PFCK) today announced that OTC Financial Network, a division of National Financial Communications Corp., will direct the Company's investor awareness campaign. Peacock Financial is a venture capital firm focused on taking high-growth Internet businesses public. The Company looks for a 35% annual return on investment and currently plans to spin off at least one Internet firm every quarter during the year 2000. ''As a dynamic venture capital firm focused on Internet start-ups, Peacock Financial represents an exciting corporate success story that we are pleased to present to the investment community,'' stated Geoffrey J. Eiten, president of National Financial Communications. ''We are currently preparing to launch a multi-faceted investor relations campaign targeting micro-cap investors who have expressed an interest in financial services and Internet stocks.'' Recent developments at PFCK include an announcement last week that the Company will provide iNetPartners, Inc. venture capital in return for a 51% interest in the Internet commerce firm, which was recently founded by former Automobili Lamborghini president Robert Braner. Peacock Financial's DotCom subsidiary, which is negotiating with several Internet firms that are potential portfolio candidates, will also provide iNetPartners with technical and Internet expertise. The Company has also announced plans to declare a stock dividend on December 31, 1999, payable to PFCK investors on a basis of approximately 1 to 100, for its Solutions Media portfolio holding. Preparations are also underway to complete an initial public offering for Solutions Media. ''We are excited to work with OTC Financial Network, a seasoned professional firm with 20 years experience in the industry. Having received our first analyst recommendation earlier this year, we are confident OTC will help expand our recognition on Wall Street,'' explained Steven R. Peacock, president of Peacock Financial. Peacock Financial Corporation is a fully reporting investment holding company registered with the SEC 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. Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, changes in economic conditions, increased levels of competition and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. For more information, see www.otcfn.com/pfck and www.peacockfinancial.com