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To: Jim Bishop who wrote (13984)11/11/1999 12:19:00 PM
From: scouser  Read Replies (2) | Respond to of 150070
 
PCBM, at a low and even qualifies for a list???

CLEARWATER, Fla., Oct 7, 1999 /PRNewswire via COMTEX/ -- Pinnacle
Business Management, Inc. (OTC Bulletin Board: PCBM) and Fast PayCheck Advances, Inc.(a wholly owned subsidiary of Pinnacle) announced today a brief update as to the progression of Pinnacle Business Management.
Pinnacle has entered into an exclusive long-term contract with Mail
Boxes Etc. The agreement has created a realistic opportunity for rapid expansion, growth, and profitability. Expansion through MBE locations gives PCBM immediate growth.

Pinnacle CEO Jeff Turino added: "We plan to rollout 270 locations in Florida by year-end without the massive expenses associated with building or leasing locations and hiring additional staff. This
association with Mail Boxes Etc. will provide PCBM unparalleled
national exposure while bringing additional value to our shareholders".

Target market assessments indicate that Mail Boxes Etc. customers and
Pinnacle's pay day advance customers are congruent. Essentially, both
parties can continue to prosper from this relationship.
-- Currently, PCBM is in the midst of an independent audit to expedite
the goal of becoming a full-reporting company.
-- With the current relationships and continued endeavors, Pinnacle expects to show an operating profit in the fourth quarter.