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


To: bob sims who wrote (660)1/19/2000 7:59:00 PM
From: bob sims  Respond to of 716
 
SAN DIEGO, Jan. 19 /PRNewswire/ -- The San Diego Soccer Development Corp.
(OTC Pink Sheets: SDSD) -- a Peacock Financial (OTC Bulletin Board: PFCK -
news) portfolio company -- has renewed a sponsorship agreement with Delta
Air Lines Inc. (NYSE: DAL - news). Delta Air Lines has elected to renew
its contract as San Diego FLASH Soccer Club's title sponsor, and official
airline for the 2000 season. Delta Air Lines enters into its third season
as a FLASH corporate partner and its second year as the club's title
sponsor.

San Diego Soccer Development Corp last week announced that it had started
trading over-the-counter in the pink sheets under the ticker symbol SDSD.
SDSD became the first publicly traded soccer development company, and the
San Diego Flash is the only publicly traded soccer franchise in the U.S.
For the first time ever, soccer fans and investors have access to a soccer
development company with multiple holdings.

This is great news for all professional and semi-professional soccer
leagues as well. As a publicly traded company, SDSD has the opportunity to
gain access to more investment capital than most privately held teams have
had in the past. As a result, SDSD can participate in the development of
both its infrastructure and player talent better than ever before.

Peacock Financial has a significant equity position in SDSD. SDSD was
originally financed by Peacock Financial, a fully reporting investment
holding company.

Peacock's goal is to invest in and develop promising companies, and as
they mature, take them public through either an initial public offering
(IPO) or a reverse merger. Peacock's strategy is to remain a minority
shareholder after the portfolio companies have become publicly traded.
Peacock typically dividends ''spin-off'' shares to its shareholders. This
way, PFCK shareholders can have access to shares in promising companies
before they ever go public.

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. Its
current holdings include investments in real estate, as well as in
investment banking with a specialty in professional sports and the
Internet. Last summer, shareholders of Peacock Financial became
shareholders of San Diego Soccer Development Corp. when a stock dividend
was paid on a 1-for-100 (1:100) ratio.

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.