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


To: VINCENT MALGAPO who wrote (533)5/5/1999 10:05:00 PM
From: VINCENT MALGAPO  Respond to of 716
 
This explains the recent weakness in the stock price.

By: QMan
Reply To: 274 by shuefu
Wednesday, 5 May 1999 at 10:02 PM EDT
Post # of 275

The SEC paperwork was supposedly sent last week
but to get confirmation, you can contact
Mr. Yan Skwara at The Flash offices in San Diego at (619)581-2120.

Once the IPO is set, we will probably recieve
stock certificates.

As for Solutions Media, they are completing
their audit and will file an SB1, then the
dividend can be announced.

Important: PFCK has had to pay for interest in
these companies SDSDC, Solutions Media, Valley
Lumber, SFSDC, and so forth by issuing more
shares but they have limited the total outstanding
increase to 30 Million only. They had to do this do to the previous problems with financing (Hawthorne deal?).

I think they are headed in the right direction
now. With all these IPO's especially solutions
media, plus the lumber deal (30% ownership),
San Jacinto Valley contruction projects, there's
no where to go but up.

QMan