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

To: Offworld who wrote (226)	4/21/1998 4:29:00 AM
From: Ryan Yu	Read Replies (1) \| Respond to of 716

My goodness... 3. Reverse Stock Split up to 1 Share for 5 existing Shares -- This proposal would give the Board of Directors the flexibility to adjust the total shares outstanding for future qualifications to NASDAQ listing and to enhance shareholder's value. Noted still a proposal, as I hope the stockholders that attend do not vote for it. Couldn't the company just buy back their shares with that big loan of $10,000,000? I mean with 11 million shares outstanding, 4.9 million of these shares belonging to CEO and Bryan Redaker. So the 6 million shares left, buy back 4/5 of them for $2,400,000 or so (at the current market price range), and use the rest of the capital (a whopping $7,600,000) to raise the stock price with good old honest hard work? I can't believe this company. I'm not sure if peacock is popular enough to get buyers for their shares at reverse-split prices. Even companies with hundreds of millions shares outstanding like ADGI are not undergoing reverse stock splits and these guys would have the nerve to do so? The story unfolds, and its not looking good. Let us know whats in their response to your email. Or give them a call at Tel (909) 487-8911 Anyone have any positive comments about the reverse stock split?

To: Offworld who wrote (226)	4/21/1998 4:39:00 AM
From: Randall E Westberg	Respond to of 716

I did visit the impressive new web site for Pfck information. It was very informative. I especially like the following page. 1stnettech.com I also like the link to SEC filings. Very concise listing of filings. sec.gov This report to shareholders is very interesting. 1stnettech.com A few questions: 1. How do reverse splits usually affect the price of a stock ? 2. Hawthorne is getting 50% of the company plus 10 % interest on the loan over 36 months ? This part really makes great sense : <<2. Increase the Preferred Shares Authorized to 100,000,000 -- Preferred shares can be issued as part of future financings which provide security on assets purchased. Our current Preferred authorization is 10,000,000 shares and needs to be increased to allow the Board of Directors flexibility to attract new capital>> Lets talk about Reg. S deals ... BTW... For further details, contact: Anahita Hafezi @ (619) 793-1738. For those in sales give Ana a call she is a very persistent closer... I am a little sceptical about her Investor Relations abilities, however. We know who one of the Market Makers are finally : J. Alexander Securities, Inc. 523 West Sixth Street Los Angeles, CA 90014 (213) 687-8400 James Alexander Have to check them out ..when I get a chance.