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


To: Offworld who wrote (397)8/25/1998 10:56:00 AM
From: Global Media Communications  Read Replies (1) | Respond to of 716
 
Douglas,
Yes, the meeting went well. I have a news releases in front of me for PFCK. It is 8:00 a.m. PST and I do not yet see it on any quote services yet. Once I do, I will post the link.
Things look good.....
Call or e-mail me as I won't post anything else here until the news hits the wire.
Thanks.....Sheldon



To: Offworld who wrote (397)9/1/1998 3:14:00 PM
From: Offworld  Read Replies (1) | Respond to of 716
 
Peacock Financial Announces Stock Buy-Back Program
SAN JACINTO, Calif.--(BUSINESS WIRE)--Sept. 1, 1998--Peacock Financial Corp. (Nasdaq/OTC BB:PFCK) Tuesday announced that it will, from time to time, repurchase its common shares in the open market over the next several months, as cash reserves permit.

According to Peacock Financial President Steven R. Peacock: ''Management believes the public is not valuing our shares fairly, and feels that our stock is severely undervalued in light of recent announcements of imminent financing for the company. We are aware that the overall market volatility has subjected our stock to recent selling pressure, which has created an excellent buying opportunity.''

Peacock Financial is a publicly traded investment-holding company with a rich history in real estate development through its wholly owned subsidiary, Peacock Development Corp. The public company recently announced its intention to acquire Linzy Capital, a boutique investment-banking firm with headquarters in Las Vegas.

Safe-harbor statement under the Private 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.

Sounds Good Hey STEK Do you know the qty of shares we are looking at.
I can agree with Mr. Peacock ref: the share price, But in the OTC you need to keep the investor interested or they ( except for the four )will move on to the next game.
Take Care everyone Douglas