I've been watching PCBM lately. Rumor has it that recent good news is about to be followed up with even better news. Fundamentally I really like what this company is putting together:
quote.yahoo.com
Pinnacle Business Management, Inc. to Acquire E-Commerce/Retail Software & Services Company
Phase Two of 1999 Growth Plan Underway
CLEARWATER, Fla.--(BUSINESS WIRE)--Feb. 19, 1999--Pinnacle Business Management, Inc. (OTC BB:PCBM - pcbm.com) announced Friday that they have signed a definitive Letter of Understanding which will allow the company to acquire Affirmative Technologies Inc., a Florida company headquartered in Clearwater, Florida.
ATI is a developer and provider of retail and E-Commerce cash transaction management software and services. Affirmative Technologies will become a wholly owned subsidiary of Pinnacle Business Management, Inc. It will be responsible for software development, licensing, customizing, and external and internal transaction management. ATI has agreed to combine the contracts under negotiation and other ongoing relationships into the new subsidiary. Terms of the agreement were not disclosed.
''This key acquisition starts the second phase of our 1999 Strategic Plan, which includes the development of a secured, full-scale transaction management and branded Cash Card vehicle for our company. This will enable us to better control future growth and achieve our goals. We will become a fully integrated provider of alternative consumer cash resources and a key provider of E-Commerce cash and checking transaction services through expanding our location count, client base and technology base both domestically and internationally,'' said Bruce Hall, President of Pinnacle Business Management, Inc. ......
and more
biz.yahoo.com
The stock is very volatile but it could play out well for investors at .50, either short or long term. Check it out!
Regards, Jeff |
