Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bob sims who wrote (494)	1/21/1999 12:11:00 PM
From: bob sims	Respond to of 716

SAN JACINTO, CALIF. (Jan. 21) BUSINESS WIRE -Jan. 21, 1999--Peacock Financial Corp. (OTC BB: PFCK) Thursday announced that its Solutions Media Inc. subsidiary has landed an exclusive agreement with PreMark Inc. to finance Solutions Media's client base for Web site creation. Specifically, PreMark will finance up to $25,000 for small businesses' sites, and up to $100,000 for larger corporations' sites. PreMark, based in Austin, Texas, has primarily been a factoring and finance service organization for the medical industry. Solutions Media, one of the hottest Web design and Web-marketing firms in the country, has agreed to exclusively name PreMark as their financier and promote PreMark's Financial Services to all current clients. Steven R. Peacock, president of Peacock Financial, stated: "This agreement opens a new door for the Internet! Solutions Media can now bring their services to countless companies that need Web site design expertise but that may not want the burden of tying up $25,000 to $100, 000 to compete in the online marketplace." Recently, Peacock reported that they expect to spin off Solutions Media as a separate publicly traded company later this year. Peacock Financial is a fully reporting investment holding company registered with the Securities and Exchange Commission as a Business Development Company under the Investment Act of 1940. Current holdings include investments in real estate, investment banking, day trading, the Internet, lumber importation and professional sports. 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 SEC.