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

To: Randall E Westberg who wrote (201)	4/14/1998 9:51:00 PM
From: Ryan Yu	Read Replies (4) \| Respond to of 716

sec.gov misprint? I just talked to Bruce Merati, the CFO of Peacock and conversated upon the S-8 form registered with the SEC. He noted it to be some kind of mistyping and reassured me that the company is in the Financial/Real Estate classification. As for Peacock's future, he noted the following: 1) The Hawthorne Group of the Bahamas has chosen Peacock as the "vehicle" to strategically place investments in the United States. Peacock is in negotiation for a new ten million dollar note from the Hawthorne group for investment. 2) We all know that Peacock is already developing a new community near the Eastside Reservoir near San Jacinto in Riverside County. The Eastside Reservoir is due for completion in the year 2000. 3) Bruce humbly told me that the company is still a small company with a hopeful financial backing by the Hawthorne group. They are attempting to get the stock out of penny-stock OTC BB status and onto the Nasdaq exchange by strong development. I guess we'll have to wait and see. By the way guys, he was also suprised that Peacock was discussed on SI.. He thought only the Hi-tech boys were on here. The stock closed today at .48 down 2 cents. Sincerely, Ryan