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by Stockwatch Business Reporter

The TSX Venture Exchange fell 15.10 points to 790.35 Monday. So far this year, 16 capital pool shells have listed on the TSX-V, of which two -- Lawrence Ho's Maple Peak Investment Corp. (MAP: $0.75) and Daniel Drimmer's Campar Capital Corp. (CHK: $0.30) -- listed this month, and are trading at significant premiums to their 10-cent initial public offering price. By this time last year, 33 capital pool shells had already made their way to the TSX-V. There are currently 155 capital pool shells on the TSX-V or the NEX, of which 36 are suspended, 48 are halted, and 71 are trading and hunting for qualifying transactions.

Rocky Bellotti, the 28-year-old son of Bay Street investor Frank Bellotti, will soon list his BFK Capital Corp. on the TSX-V, having recently filed a final prospectus. Canaccord Genuity Corp. is handling the shell's $600,000 IPO of one million shares at 60 cents.

BFK Capital has already sold 1,666,665 escrow shares at 30 cents. Mr. Bellotti, the shell's chief executive officer, owns 116,667 of them. This is his first time as CEO of a capital pool shell, but he is also a director of Focused Capital II Corp. (FAV), a capital pool shell listed by the Goodman family nearly three years ago that last traded at 1.5 cents, has already transferred to the NEX, and has yet to complete a QT. Mr. Bellotti is also a vice-president at BG Partners Inc., a resource investment company formed by papa Frank Bellotti and Ned Goodman. Mr. Bellotti Sr., though not on the board of his son's new capital pool shell, owns 166,666 escrow shares of BFK Capital through FGU Holdings Corp.

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