Pinnacle Business Management Set to Expand Into 8 Additional States
CLEARWATER, Fla.--(BUSINESS WIRE)--April 27, 2000--Pinnacle Business Management Inc. (OTCBB:PCBM) announced today that expansion into eight (8) additional states is imminent pending final licensing approval. The eight states are Louisiana, Missouri, North Carolina, Kentucky, Utah, Indiana, Idaho and California. A majority of these states allow higher fees than the state of Florida. This should produce substantially higher revenues per location for the Company over the long term.
Additionally, the Company fully expects for their SEC filing to be done ahead of schedule.
About Pinnacle Business Management:
Pinnacle Business Management is in the business of advancing small loans until payday through their wholly owned subsidiary, Fast PayCheck Advances Inc. and lending money on motor vehicle titles (Title Loans) through their wholly owned subsidiary Fast Title Loans Inc. Through the use of branded Pinnacle Cash Cards, and integrating E-Commerce and electronic funds tracking and transfer technology, Pinnacle will give new opportunities to those consumers who have been shut out of the economic and E-Commerce mainstream for various reasons. For more details on these and other PCBM activities, refer to the press releases at pcbm.com. For additional on-line investor information on PCBM go to: internetstockmarket.com.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from the forecasted results. These risks and uncertainties, include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
CONTACT: Mandel Consulting for Pinnacle Business Management
Don or Cynthia Mandel, 954/973-3493
cmandel@bellsouth.net |
