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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20529
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
PEACOCK FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
COLORADO 87-0410039
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
LINZY MANAGEMENT, INC./COMPENSATION CONTRACT (CONSULTING AGREEMENT)
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(Full title of the plan)
DANNETTE UYEDA, 8 EAST BROADWAY, SUITE 735, SALT LAKE CITY, UT 84111
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(Name and address of agent for service)
CALCULATION OF REGISTRATION FEE
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Proposed Proposed
Title of Amount maximum maximum Amount of
securities to to be offering price aggregate Registration
be registered registered per share offering price fee
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common shares 600,000 $0.19 $114,000.00 $35.00
(1/33 of 1%)
EXHIBIT INDEX IS LOCATED ON PAGE 5 OF THIS REGISTRATION STATEMENT
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PART I
INFORMATION REQUIRED IN THE SECTION (10a) PROSPECTUS
(a) GENERAL PLAN INFORMATION
(1) The title of the "plan" is: "Linzy Management, Inc./Compensation
Contract", and the registrant whose securities are to be offered
pursuant to the plan is Peacock Financial Corporation.
(2) Linzy Management, Inc. is a consultant to the registrant, and in
such consulting capacity has entered into a written compensation
contract for services rendered to registrant. Such written
compensation contract is defined as an "Employee Benefit Plan"
pursuant to Rule 405 of "REGULATION C-REGISTRATION" under the
Securities Act of 1933.
(3) The plan is not subject to the provisions of the Employee Retirement
Income Security Act of 1974 ("ERISA").
(b) SECURITIES TO BE OFFERED
(1) 600,000 shares of registrant's common stock
(2) The Capital Stock to be issued are the common shares of the registrant
that are fully paid and non assessable, with the same rights and
privileges as all other common stock shareholders of the registrant.
There are no restrictions on alienability of the securities to be
registered, nor is there any provision discriminating against any
existing or prospective holder of such securities as a result of such
security holder owning a substantial amount of securities.
(d) PURCHASE OF SECURITIES PURSUANT TO THE PLAN AND PAYMENT FOR SECURITIES
OFFERED.
(6) The plan is not subject to ERISA. The shares of registrant's common
stock to be issued to Linzy Management, Inc. is compensation for
services rendered to registrant. The securities issued pursuant to
this Registration shall be issued by registrant without the payment of
any fees, commissions or other charges of any kind.
(e) RESALE RESTRICTIONS
There are no restrictions on the resale of the securities purchased
under this plan that may be imposed upon the purchaser.
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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The documents listed in (a) and (b) below are hereby incorporated by reference
in this registration statement; and that all documents heretofore filed, or
subsequently filed by registrant pursuant to Sections 13(a), 13(c), 14 and 15(d)
of the Securities Exchange Act shall also be deemed to be incorporated by this
reference and shall be a part hereof from the date of filing any such documents.
(a) The registrant's latest annual report filed pursuant to Section 13(a)
or 15(d) of the Exchange Act.
(b) All other reports filed pursuant to Section 13(a) or 15(d) of the
Exchange Act since the end of the fiscal year covered by the
registrant's document referred to in (a) above.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Registrant's By-Laws provide that registrant may indemnify any Officer or
Director of any liability that may arise while engaging in activities in such
capacity.
ITEM 8. EXHIBITS
The following exhibits required by Item 601 Regulation S-K are attached hereto
and by this reference incorporated herein:
(4) Exhibit "A" Instruments defining the rights of security holders,
including indentures (Page 6)
With respect to the requirements of Item 601 (b)(15), a "Letter re unaudited
interim financial information", registrant hereby incorporates herein by this
reference it's report on Form 10-QSB.
SIGNATURES
THE REGISTRANT. Pursuant to the requirements of the Securities Act of 1933,
the registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on it's behalf by the undersigned,
thereunto duly authorized, in the City of San Jacinto, State of California, On
August 24, 1998
Peacock Financial Corporation
By: /s/ Steven R. Peacock
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Steven R. Peacock, President
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Pursuant to the requirements of the Securities Act of 1933, this registration
statement has been signed by the following persons in the capacities and on the
date indicated.
(Signature) /s/ Bruce Merati
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Bruce Merati
(Title) Chief Financial Officer
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Date: August 24, 1998
(Signature) /s/ Steven R. Peacock
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Steven R. Peacock
(Title) Director (Sole)
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Date: August 24, 1998
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EXHIBIT
INDEX
(4) Exhibit "A" Instruments defining the rights of security
holders, including indentures. (Minutes of a
Special Meeting of the Board of Directors
held August 7, 1998 Page 6
(15) Letter re: Unaudited Interim Financial
Information. (Registrant by this reference
hereby incorporates such financial information
from its report on Form 10-QSB)
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EXHIBIT "A"
INSTRUMENTS DEFINING THE RIGHTS OF SECURITY HOLDERS, INCLUDING INDENTURES
(MINUTES OF SPECIAL MEETING OF THE BOARD OF DIRECTORS held August 7, 1998)
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