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Pioneer Commercial Funding Corp/NY – ‘DEFA14A’ on 4/19/01

On: Thursday, 4/19/01, at 3:18pm ET · Accession #: 1012118-1-500012 · File #: 0-24940

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 4/19/01  Pioneer Com’l Funding Corp/NY     DEFA14A                1:27K                                    McLaughlin & Ste… LLP/FA

Additional Definitive Proxy Solicitation Material — Schedule 14A
Filing Table of Contents

Document/Exhibit Description Pages Size

1: DEFA14A Additional Definitive Proxy Solicitation Material 14 55K

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PIONEER COMMERCIAL FUNDING CORP.

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON May 21, 2001

To the stockholders of Pioneer Commercial Funding Corp.:

Notice is hereby given that the Annual Meeting of Stockholders ("Annual
Meeting") of Pioneer Commercial Funding Corp., a New York corporation
("Company"), will be held at One Rockefeller Plaza, Suite 2412, New York, N.Y.
10020 on May 21, 2001, at the hour of 10 AM local time for the following
purposes:

(1) To elect six directors for a one year term expiring in 2002;

(2) To ratify the appointment of Lazar Levine & Felix LLP as the Company's
auditors for the year ended December 31, 2001; and

(3) To transact such other business as may properly come before the Meeting.

Only stockholders of record at the close of business on April 20, 2001
are entitled to notice of and to vote at the meeting or any continuation or
adjournment thereof

By Order of the Board of Directors

David W. Sass, Secretary

April 20, 2001

IF YOU WISH TO VOTE IN FAVOR OF EACH OF THE PROPOSALS AND FOR THE
NOMINEES PRESENTED, CHECK THE APPROPRIATE BOX AND SIGN, DATE AND RETURN
THE ENCLOSED PROXY IN THE ENCLOSED ENVELOPE WHICH REQUIRES NO POSTAGE
IF MAILED IN THE UNITED STATES. IN ANY EVENT, YOUR PROMPT RETURN OF A
SIGNED AND DATED PROXY WILL BE APPRECIATED.

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PROXY STATEMENT

FOR

ANNUAL MEETING OF SHAREHOLDERS

PIONEER COMMERCIAL FUNDING CORP.
One Rockefeller Plaza
Suite 2412
New York, N. Y. 10021

To Be Held May 21, 2001

The enclosed proxy materials are furnished in connection with the
solicitation of proxies by the Board of Directors of Pioneer Commercial Funding
Corp., a New York corporation (the "Company"), for use at the Annual Meeting of
shareholders of the Company to be held at 10:00 A.M., Eastern Daylight Time, on
May 21, 2001, at One Rockefeller Plaza, Suite 2412, New York, New York 10020,
and any adjournment or adjournments hereof (the "Meeting").

This proxy statement and the enclosed form of proxy are first being
mailed to the shareholders of the Company on or about April 24, 2001. The Board
Of Directors has established April 20, 2001 as the record date for shareholders
entitled to notice of, and to vote at the meeting.

The present officers and directors of the Company and affiliates,
holding approximately 43.4% of the outstanding Common stock of the Company,
intend to vote in FOR Proposals 1 and 2.

Matters to Be Acted Upon

It is proposed at the Meeting to adopt resolutions approving the
following proposals (the "Proposals"):

1. To elect six directors.

2. To ratify the appointment of Lazar Levine & Felix LLP as independent auditors
for the fiscal period ending on December 31, 2001.

3. To transact such other business as may properly come before the meeting.

The Board of Directors recommends a vote FOR Proposals One and Two.

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Right of Revocation

A proxy may be revoked by notice in writing to the Secretary of the
Company at any time prior to the exercise thereof. Each valid proxy received in
time will be voted at the Meeting and, if a choice is specified on the proxy, it
will be voted in accordance with such specifications. If no such specification
is made, the persons named in the accompanying proxy have advised the Company of
their intention to vote the shares represented by the proxies received by them
in favor of the Proposals and the election of all the nominees named below as
Directors.

PROPOSAL NO. 1

ELECTION OF DIRECTORS

Six persons have been nominated to serve on the Board of Directors, each to hold
office until the next annual meeting of shareholders and until his or her
successor has been elected and qualified or until his or her prior resignation
or removal. All nominees are now Directors of the Company.

Boaz Harel was appointed to the Board in November 1996 and elected as Chairman
of the Board on July 2, 1997. From 1991 to 1993, Mr. Harel was the founder and
managing director of Mashik Business and Development Ltd., an engineering
consulting company. From 1993 to 1997, Mr. Harel had been the Managing Director
of Leedan Business Enterprise Ltd. ("Leedan"), which is the beneficial owner of
39.3% of the Company's Common Stock. Since January 1994, Mr. Harel has served as
a member of the Supervisory Board of ICTS International N.V. and since September
1996, Mr. Harel has served as the Chairman of ICTS USA (1994), Inc., an indirect
subsidiary of Leedan. Mr. Harel was a Co-Managing Director of Leedan
International Holdings B.V., a principal shareholder of the Company and an
indirect wholly-owned subsidiary of Leedan.

M. Albert Nissim was appointed as the President of the Company in January 1997
and was elected to the Board on September 25, 1997. He has served as Secretary
of ICTS International N.V. since January 1996. Mr. Nissim has also served as
President of ICTS USA (1994), Inc. since January 1994. From 1994 to 1995, he
served as Managing Director of ICTS International B.V. Mr. Nissim served as the
President of Harel & Partners from 1991 to 1994. From 1990 to the present, he
has been the Vice President and a director of Tuffy Associates Corp., an
automotive repair franchise company affiliated with Mr. Ezra Harel, the brother
of Boaz Harel. Mr. Nissim is also a Co-Managing Director of Leedan International
Holdings B.V., a principal shareholder of the Company.

Richard Fried was appointed to the Predecessor's Board in February 1994 and
served as Vice-President of the Predecessor. Upon consummation of the Merger in
November 1994, he became a director of the Company. Since June 1991 Mr. Fried
has served as President of Medical Systems, Inc., an application software
development company, of which he has been a principal shareholder. From February
1993, he has served as President of Montgomery Associates, Inc., a corporation
wholly-owned by him, which is engaged in business as an importer-exporter. Since
April 1993, Mr. Fried has been a principal shareholder, and has served as

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President, of Sea Change Systems, Inc., a software tools development company.
From April 1993 to May 1994, he was a Branch Manager of LPL Financial Services,
a stock brokerage firm, which is an NASD member firm. Since November 1994, Mr.
Fried has been a controlling shareholder and has served as President of
SMARTpay, Inc., a collection service. From April 1995 he has served as President
of Centennial Systems, Inc., a software distribution, sales and service firm of
which he is a principal shareholder. Since October 1996, Mr. Fried has been a
controlling shareholder, and has served as President, of Leeward Software, Inc.,
an application software developer. From October 1996 he has also served as
President of Windward Software, Inc., a materials management software
intellectual property company of which he is also a principal shareholder. From
December 1996 he has served as President of Strategic Reporting Systems, Inc., a
database report generation software development and distribution firm of which
he is a principal shareholder. From April 1997, he has served as managing
director of HYCOM USA, Inc., an international software development and
distribution company, of which he is a principal shareholder.

Tamar Lieber was appointed to the Board in June 1995. Ms. Lieber has been
engaged in practice as a senior psychotherapist at the Center for Preventive
Psychiatry in White Plains, New York, a non-for profit community mental health
clinic, for more than the past five years.

Lynda Davey was elected to the Board on September 25, 1997. Ms. Davey has served
as the President of Avalon Group, Ltd. And Chairman of Avalon Securities, Ltd.,
private investment banking firms, since April, 1992. From April, 1988 throughout
1991 Ms. Davey was Managing Director and head of investment banking at Tribeca
Corporation, a New York merchant bank. Prior to 1988, Ms. Davey was
Vice-President of the Merchandise and Retail Group in the corporate finance
department of Salomon Brothers Inc. Ms. Davey also serves as a director of Tuffy
Associates Corp. And the Center for Design Innovation of the Fashion Institute
of Technology. Ms. Davey is a registered architect.

Joseph Samuels has served as a president and is the sole shareholder of Fulton
Properties of Calif. Inc., an investment corporation engaged in acquisition,
development and management of real estate for more than the past five years. Mr.
Samuels has also served as President and is the sole shareholder of Goldsboro
Properties Inc., a real estate holding corporation, for more than the past five
years.

The affirmative vote of the holders of at least a majority of the shares present
personally or by proxy at the Meeting is required for the election of each
director.

The Board of Directors recommends a vote FOR the election of each of the seven
nominees as directors.

PROXIES IN THE ACCOMPANYING FORM WHICH DO NOT WITHHOLD AUTHORITY TO VOTE FOR
DIRECTORS WILL BE VOTED FOR THE ELECTION OF THE PERSONS WHOSE NAMES ARE LISTED
ABOVE.

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Voting Securities and Principal Holders Thereof

The outstanding voting securities of the Company on April 20, 2001 (the
"Record Date") consisted of 3,403,663 shares of common stock, par value $.0l per
share (the "Common Stock"). The Common Stock is the only class of voting stock
of the Company. Only shareholders of record at the close of business on the
Record Date are entitled to notice of or to vote at the Meeting. Each share of
Common Stock is entitled to one vote with respect to each proposal. The holders
of a majority of the outstanding shares entitled to vote must be present at the
Meeting in person or by proxy to constitute a quorum.

The following table sets forth the holdings of the Common Stock as of April
20, 2001 by each person or entity known to the Company to be the beneficial
owner of more than five percent (5%) of the outstanding shares of Common
Stock and by (1) each director and named executive officer; and (2) all
directors and executive officers as a group.

Number of Shares Percent
Name Title of Common Stock of Class
---- ----- --------------- ---------

ICTS International N.V. 150,000 4.4%
Biesboch 225
1181 JC Amstelveen
The Netherlands

Lancer Partners L.P. 212,130 6.2%
200 Park Avenue, Ste 3900
New York, NY 10166

Leedan Business
Enterprise Ltd. 1,338,570(1) 39.3%
7 Yad Harytzim
4th Floor
Industrial Zone
Herzliya, Israel 46120
Rogosin International B.V. 265,000(3) 7.7%
One Rockefeller Plaza,
Ste. 2412
New York, NY 10020

Boaz Harel Director 57,500(2) *
1 Rockfeller Plaza
Suite 2412
New York, New York
10020

SHR Finanz Gm 200,000 5.8%
32 Ost Weststrasse
Rostock 18132
Germany

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Number of Shares Percent
Name Title of Common Stock of Class
---- ----- --------------- ---------

M. Albert Nissim President, CFO
One Rockefeller Plaza and Director 73,200(4) *
Suite 2412
New York, NY

Tamar Lieber Director 139,250(5) 3.5%
160 W. 66th Street
Apt. 49B
New York, NY 10023

Richard Fried Director 19,500(5) *
33 Marian Road
Marblehead, MA 01945

Lynda Davey Director 17,250(6) *
1375 Broadway
6th Floor
New York, NY 10018

Joseph Samuels Director 35,650(6) *
321 24th Street
Santa Monica, CA 90402

Directors and
Executive
Officers as a
group (6 persons) 1,479,530(7) 43.4%

* Less than 1%

(1) Leedan International Holdings B.V., which together with Leedan Systems
& Properties Promotion (1003) Ltd. Holds 39.3% of the issued and
outstanding Common Stock of the Company, is an indirect wholly-owned
subsidiary of Leedan Business. Certain members of the family of Mr. Boaz
Harel, a director of the Company, collectively, own approximately 50% of
the outstanding shares of Leedan Business. Mr. Boaz Harel no longer is a
shareholder of Leedan.

(2) Includes a three year option for 50,000, vesting 1/3rd each year,
exercisable at $4.75 per share and a three year option for 7,500 shares
exercisable at $2.25 per share, vesting 1/3rd each year.

(3) An affiliate to Leedan Business Enterprises Ltd. Shares were purchased
in a private transaction.

(4) Includes 45,000 shares of Common Stock exercisable at $4.50 per share
which Mr. Nissim has the right to acquire within 60 days from the date
hereof upon exercise of an option held by him and 25,000 options
exercisable at $10.00 per share at the rate of 1/3rd per year for three
years.

(5) Includes 7,500 shares as part of a 3 year option, exercisable at $2.25
per share, vesting at the rate of 1/3rd per year for three years and 12,000
shares exercisable $4.25 per vesting at the rate of 1/3rd per year for
three years.

(6) Includes 12,000 shares as part of a three year option, exercisable at
$4.25 per share, vesting at the rate of 1/3rd per year.

(7) Does not include any options referred to in notes (2), (3), (4), (5)
and (6) hereof, but included the shares owned by Leedan Business
Enterprises, Ltd.

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Certain Relationships and Related Transactions

Certain Transactions.

On November 18, 1998 a settlement was reached with a guarantor of a
mortgage banking customer's defaulted line of credit. The guarantor was also a
company stockholder. Pursuant to the settlement, an entity which is an affiliate
of Leedan accepted $530,000 of the guarantor's recognized debt to the Company in
exchange for the guarantor's shares in the Company. This entity paid the Company
$176,667 and issued two installment notes of $176,667 each with maturity dates
of August 23, 1999 and May 23, 2000, respectively. These notes bear interest at
a rate of 8.25% per annum and are payable quarterly commencing three months from
the date of issuance which was November 23, 1998.

On November 18, 1998, a settlement was reached with a guarantor of a
mortgage banking customer's defaulted line of credit. The guarantor was also a
Company stockholder. Pursuant to the settlement, Rogosin Business Enterprises
Ltd., accepted $530,000 of the guarantor's recognized debt to the Company in
trade for the guarantor's shares in the Company. Furthermore, pursuant to the
settlement, the guarantor issued two additional notes in the amount of $735,102
to the Company.

Pursuant to the settlement as stated above, the guarantor issued to the
Company two installment notes in the amounts of $265,103 and $470,000,
respectively. These notes bear interest at a rate of 8.25% per annum and are
payable quarterly commencing three months from November 18, 1998, the date of
issuance of the notes. Both notes mature November 18, 2000 but have not yet been
fully paid.

On September 14, 1998 Joseph Samuels, a Director of the Company and two
affiliates of Leedan Business Enterprises Ltd. loaned to the Company $100,000
and $550,000 and $76,000, respectively. The loan was in connection to the Ninth
Amendment to the Credit Agreement with Bank One to authorize the infusion of an
aggregate of $726,000 in the form of the Company's 11% Subordinated Debenture
for a term until a new lending facility is in place to replace Bank One.

On April 2, 1997 and April 4, 1997, the Company issued unsecured loans
of $400,000 and $600,000, respectively, to Rogosin Converters, Inc., an
affiliate of the Company. Members of the family of Mr. Boaz Harel, a director of
the Company, have an indirect controlling interest in Rogosin Converters, Inc.
The loans were guaranteed by Leedan International B.V., a shareholder of the
Company. The Company earned interest of 12% per annum on the loans, which
interest was paid monthly. The principal and accrued interest on the loans were
paid in full on June 20, 1997.

o Board Meetings

The Board of Directors met three times during the fiscal year ended
December 31, 2000.

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Compensation of Directors and Executive Officers

[Enlarge/Download Table]

Annual Compensation Awards
Name and
Principal Position Fiscal Year Salary($) Bonus($) Other Annual Securities
Compensation ($) Underlying
Option

Boaz Harel* 2000 $100,000
Chairman of 1999 $100,000
the Board 1998(1) $100,000 $15,000 50,000

M. Albert Nissim**
President 2000 $114,000
1999 $118,385
1998(1) $118,654 $12,000 25,000

John O'Brien***
Chief Financial 2000 $0
Officer 1999 $122,083
1998(1) $ 58,513

David W. Sass 2000 $0
Secretary 1999 $0
1998 $0

* Commenced as Chairman on July 2, 1997.
** Commenced service as President of the Company in the fourth quarter of the
1996 fiscal year. *** Commenced service as Chief Financial Officer in the second
quarter of the 1998 fiscal year and terminated employment in September, 1999.
**** Commenced service as Secretary in the second quarter of the 1998 fiscal
year.

(1) For the Year Ending December 31, 1998

Compensation of Directors.

The Directors of the Company receive cash compensation of $500 per
meeting in his or her capacity as a director and as a member of the Audit
Committee.

Options Issued to Executives.

The table below sets forth information regarding option grants to
executive officers and Directors of the Company.

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Options Issued to Executives.

The table below sets forth information regarding option grants to executive
officers and Directors of the Company.

Number of Exercise Price
Name Options Granted Per Share Expiration Date

M. Albert Nissim(1) 45,000 $ 4.50 February, 2002
25,000 $ 10.00 October, 2002

Boaz Harel(1) 7,500 $ 2.25 March, 2002
50,000 $ 4.75 October, 2002

Richard Fried(1) 7,500 $ 2.25 March, 2002
12,000 $ 4.25 October, 2002

Tamar Lieber(1) 7,500 $ 2.25 March, 2002
12,000 $ 4.25 October, 2002

Joseph Samuels(1) 12,000 $ 4.25 October, 2002

Lynda Davey(1) 12,000 $ 4.25 October, 2002

(1) Options are vested.

Executive Compensation.

In July 1997, the Company extended the Employment Agreement with M.
Albert Nissim as President for an indefinite period, on a part-time basis,
at a salary of $6,000 (amended to $9,500) per month. The Agreement may be
terminated by either party on not less than 90 days prior notice. On May
12, 1998, Albert Nissim's compensation was increased to $9,500 per month
effective April 1, 1998 in consideration of his contributions to the
Company. In addition, Mr. Nissim was awarded a $12,000 bonus payable in the
second quarter in consideration of the Company's performance.

The Company has approved a compensation plan for Mr. Boaz Harel and/or
Leedan Business Enterprises, Ltd. ("Leedan"), the company which provides
management services to the Company by making Mr. Harel available to the
Company. Leedan is also a principal shareholder of the Company. The plan
provides aggregate remuneration to Mr. Harel and/or Leedan of $100,000 per
annum plus 5% of the Company's net income pre-tax above $1,000,000
annually. Leedan and Mr. Harel will determine how such compensation will be
divided between them. On May 12, 1998 Boaz Harel was awarded a $15,000
bonus, payable in the second quarter in consideration of the Company's
performance.

AUDIT COMMITTEE

The Audit Committee, consisting of Lynda Davies and Richard Fried,
assists the Board of Directors in fulfilling its responsibility to oversee
managements's conduct of the Company's financial reporting process,
including the selection of the Company's outside auditors and the review of

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the financial reports and other financial information provided by the
Company to any governmental or regulatory body, the public or other users
thereof, the Company's systems of internal accounting and financial
controls and the annual independent audit of the Company's financial
statements and the Company's legal compliance and ethics programs as
established by management and the Board.

The Audit Committee held one meeting during the last fiscal year. The
Board of Directors has adopted a charter for the audit committee, which is
attached as Appendix A to this Proxy Statement. All members of the Audit
Committee are "independent" under the rules of the Securities and Exchange
Commission currently applicable to the Company.

AUDIT COMMITTEE REPORT

The following is the report of Pioneer Commercial Funding Corp. Audit
Committee with respect to the Company's audited financial statements for
the fiscal year ended December 31, 2000.

Review With Management

The Committee has reviewed and discussed Pioneer's audited financial
statements with management.

Review and Discussions With Independent Auditors.

The Committee has discussed with Lazar Levine & Felix LLP, Pioneer's
independent auditors, the matters required to be discussed by SAS 61
(Communications with Audit Committees) regarding the auditor's judgments
about the quality of the Company's accounting principles as applied in its
financial reporting.

The Committee has also received written disclosures and the letter from
Lazar Levine & Felix, LLP required by Independence Standards Board Standard
No. 1 (Independence Discussions with Audit Committees) and has discussed
with Lazar Levine & Felix, LLP their independence.

Conclusion

Based on the review and discussions referred to above, the Committee
recommended to the Company's Board of Directors that its audited financial
statements be included int he Company's Annual Report on Form 10-K for the
fiscal year ended December 31, 2000 for filing with the Securities and
Exchange Commission.

Submitted by the Audit Committee of the Board of Directors.

Lynda Davies and Richard Fried.

The aggregate fees billed to the Company for the fiscal year ended
December 31, 2000 by the principal accounting firm was $79,824.

The information contained in the foregoing report shall not be deemed
to be "soliciting material" or to be "filed" with the Securities and
Exchange Commission, nor shall such information be incorporated by
reference into any future filing under the Securities Act of 1933, as
amended, or the Securities Exchange Act of 1934, as amended, except to the
extent that the Company specifically incorporates it by reference in such
filing.

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PROPOSAL NO. 2

RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS

The Company has again appointed Lazar Levine & Felix LLP to serve as
independent accountants of the Company for the fiscal period ending
December 31, 2001. Although this appointment is not required to be
submitted to a vote of the Shareholders, the Board believes it appropriate
as a matter of policy to request that the Shareholders ratify such
appointment of Lazar Levine & Felix LLP. If the Shareholders should not
ratify, the management will reconsider the appointment of Lazar Levine
Felix LLP.

The affirmative vote of a majority of the shares present personally or by
proxy at the Meeting is required for the ratification of the appointment of
Lazar Levine Felix LLP.

The Board Recommends a vote FOR the ratification of the appointment of
Lazar Levine & Felix LLP.

No representatives of Lazar Levine Felix LLP are expected to be present at
the Meeting.

Cost of Solicitation

The cost of solicitation of proxies, including reimbursements to banks and
brokers for reasonable expenses in sending proxy material to their
principals, will be borne by the Company. The Company*s transfer agent,
American Stock Transfer & Trust Company, is assisting the Company in the
solicitation of proxies from brokers, banks, institutions and other
fiduciaries by mail, and will charge the Company its customary fee therefor
plus out--of--pocket expenses which, in the aggregate, are estimated to be
approximately $1,200. In addition, proxies may be solicited by officers of
the Company by mail, in person or by telephone or telecopier. It is
anticipated that the total cost of solicitation of proxies will be
approximately $4,000.

OTHER BUSINESS TO BE TRANSACTED

Management knows of no other matters to be presented before the Meeting
other those stated above. However, the enclosed proxy gives discretionary
authority to each proxy holder named therein should any other matters be
presented at the Meeting to take such action in connection therewith as
shall be in accordance with his best judgment.

ANNUAL REPORT TO STOCKHOLDERS

The Annual Report to Stockholders for the year ended December 31, 2000 is
being mailed to stockholders with this Proxy Statement.

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STOCKHOLDER PROPOSAL - 2001 ANNUAL MEETING

Any stockholder proposals to be considered by the Company for inclusion in
the proxy material for the 2001 Annual Meeting of Stockholders must be
received by the Company at its principal executive offices by December 31,
2001.

The prompt return of your proxy will be appreciated and helpful in
obtaining the necessary vote. Therefore, whether or not you expect to
attend the meeting, please sign the proxy and return it in the enclosed
envelope.

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PIONEER COMMERCIAL FUNDING CORP.

P R O X Y

This Proxy is Solicited on Behalf of the Board of Directors

The undersigned hereby appoints M. Albert Nissim and David W.
Sass as Proxies, each with the power to appoint his substitute, and hereby
authorizes them to represent and to vote, as designated below, all the shares of
the common stock of Pioneer Commercial Funding Corp. held of record by the
undersigned on April 20, 2001, at the annual meeting of shareholders to be held
on May 21, 2001, or any adjournment thereof.

1. ELECTION OF DIRECTORS

For all nominees listed below Withhold Authority to (Except as Marked to the
Vote All Nominees Listed Contrary) ___ Below ___

Boaz Harel, M.Albert Nissim, Richard Fried, Tamar Lieber, Lynda
Davey and Joseph Samuels.

2. To ratify the appointment of Lazar Levine & Felix LLP as independent auditors
of the Company for the fiscal year ended December 31, 2001.

FOR_______ AGAINST___________

3. In their discretion, the proxies are authorized to vote upon
such other business as may properly come before the meeting.

THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER
DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS
PROXY WILL BE VOTED FOR PROPOSALS 1 and 2.

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Please sign name exactly as appears below. When shares are held by
joint tenants, both should sign. When signing as attorney, as executor,
administrator, trustee or guardian, please give full title as such. If a
corporation, please sign in full corporate name by President or other authorized
officer. If a partnership, please sign in partnership name by authorized person.

Dated: , 2001
----------------

Signature

Signature, if held jointly

PLEASE MARK, SIGN, DATE AND RETURN THE PROXY USING THE ENCLOSED
ENVELOPE

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘DEFA14A’ Filing	Date	First	Last	Other Filings

	12/31/01	1	13	10KSB
	5/21/01	1	13
	4/24/01	2
	4/20/01	1	13
Filed on:	4/19/01			DEF 14A
	12/31/00	7	11	10KSB, 10KSB/A
	11/18/00	7
	5/23/00	7
	8/23/99	7
	12/31/98	8		10KSB, 4, NT 10-K
	11/23/98	7
	11/18/98	7
	9/14/98	7
	5/12/98	9
	4/1/98	9
	9/25/97	3	4	DEF 14A
	7/2/97	3	8
	6/20/97	7
	4/4/97	7
	4/2/97	7
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Filing Submission 0001012118-01-500012 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Pioneer Commercial Funding Corp/NY – ‘DEFA14A’ on 4/19/01

On: Thursday, 4/19/01, at 3:18pm ET · Accession #: 1012118-1-500012 · File #: 0-24940

Additional Definitive Proxy Solicitation Material — Schedule 14AFiling Table of Contents

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Additional Definitive Proxy Solicitation Material — Schedule 14A
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