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


To: Ryan Yu who wrote (320)6/24/1998 6:31:00 PM
From: DIY Investor  Read Replies (1) | Respond to of 716
 
Interested In Investing

Ryan, I don't have an investment yet in PFCK, however, I'm doing my DD. I got the investor's package and I read all postings on this thread. However, I'm still looking for a little more evidence that the Hawthorne support, in the numbers indicated by the press releases, are solid. In other words, I don't want to invest and then see everything unravel on me.

My opinion to date is that PFCK may be a good investment opportunity. It would be very beneficial to me to see some detail financial information which reflects the press release arrangements.

In talking to PFCK IR today, the word is that the relationship between Hawthorne Group and PFCK is as described in the press releases. I was told by IR that Hawthorne has 1.5 million shares of stock, of which only 0.3 million are unrestricted. The other financing is in "escrow". I'm still trying to determine what that means.

Do you have anything to share?