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

To: TheDad who wrote (658)	1/11/2000 3:13:00 PM
From: bob sims	Read Replies (1) \| Respond to of 716

SAN JACINTO, Calif.--(BUSINESS WIRE)--Jan. 11, 2000--Peacock Financial Corporation (OTCBB:PFCK) announced today that it has retained Merger Communications, Inc. of Houston as an additional media relations/investor relations firm. Merger Communications, a leading financial media relations company that focuses on small and mid-cap public companies, will focus on creating nationwide interest in Peacock Financial and the ventures that it has invested in, to the media and the financial community. "Peacock has been extremely successful acting as an incubator of sorts for innovative companies that need help in getting to the next stage," says Steven R. Peacock, President of Peacock Financial Corporation. "We are keenly aware of how important it is to get the support you need when you need it. That applies to Peacock as well as the companies we are financing. That's why we've added Merger Communications to help the existing team in creating the kind of awareness we need to insure the progress our company, and all our joint ventures, are making. As with OTC Financial Network of Needham, Massachusetts, which we retained late last year, Merger Communications came highly recommended by trusted sources as a firm of unparalleled insight as to how to promote emerging bulletin board companies." "We visited Peacock and most of its portfolio companies last week. We found that Peacock's real estate ventures is uniquely positioned to take advantage of the estimated explosion of growth in the San Jacinto Valley directly related to the Metropolitan Water District's new reservoir and recreation projects which are currently underway, says David Drake, Executive Vice President of Merger Communications. "Peacock's portfolio companies, such as San Diego Soccer Development Corp. (NQB:SDSD) and DOTCOM Ventures, LLC, provide significant upside as well. SDSD is the first publicly traded soccer development company in the U.S. and its flagship team, San Diego Flash is the nation's only publicly traded soccer franchise. This is exciting for the whole sport because publicly traded entities usually enjoy easier access to investment capital than privately held organizations, thus making it possible to grow even faster. DOTCOM Ventures, on the other hand, seems to be making real progress in its incubation of early stage high-tech companies, following in the footsteps of growing developmental companies such as CMGI (Nasdaq:CMGI)," explains Drake. Peacock Financial Corporation is a venture capital fund that supplies significant managerial assistance to selected portfolio companies, assisting in their efforts to become fully reporting and listed on various exchanges. Peacock takes a significant equity position and provides the Portfolio Company with management expertise and the needed cash to successfully develop the company, and execute the company's business plan. Peacock is registered with the SEC as a Business Development Corporation under the Investment Company Act of 1940 and currently holds investments in professional sports and the Internet, including Solutions Media, Inc. and the San Diego Soccer Development Corp. (SDSD-otc). The Company is also active in land development in and around the San Jacinto Valley, in western Riverside County, California. Safe-harbor statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This information is not a recommendation to buy or sell securities of PFCK. Merger Communications (Merger) is a media relations firm employed by PFCK. Merger and PFCK believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. Merger Communications, its officers, directors and employees own 130,000 shares of PFCK common stock. Merger typically has a long position in the securities of the companies in which it distributes information, and Merger may be buying or selling securities in the course of its regular business. --30--JMP/na* CONTACT: Merger Communications Evan Reineking & David Drake, 713/572-2560 ext. 103 ereineking@mergerusa.com or National Financial Communications Geoffrey Eiten, 800/458-1799 or Stock Enterprises (PFCK Investor Relations) Jim Stock, 702/614-0003 Company Website: peacockfinancial.com KEYWORD: CALIFORNIA TEXAS MASSACHUSETTS INDUSTRY KEYWORD: BANKING ADVERTISING/MARKETING