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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY -- Ignore unavailable to you. Want to Upgrade?

To: patwrk who wrote (2193)	7/1/2000 4:05:59 AM
From: LORD ERNIE	Read Replies (1) \| Respond to of 2406

Hi D... some news out E... thewirelessstore.net Pinnacle Business Management Nets Regulatory Approvals in Four New States; Rulings on Both Coasts to Pave Way for Expansion of Fast PayCheck Advance--New Openings Likely in July CLEARWATER, Fla., Jun 30, 2000 (BUSINESS WIRE) -- Pinnacle Business Management (OTCBB: PCBM) has received regulatory approval to open lending businesses in four new states. The states of California, Indiana, North Carolina and Idaho have given PCBM the green light to do business in the last several days. This brings the number of states in which PCBM has regulatory approval to nine, including Utah, Missouri, Louisiana, Kentucky and the firm's home state of Florida. PCBM is the parent company of Fast PayCheck Advance of Florida, Inc., which specializes in making short-term loans secured by a customer's paycheck. The company operates four free-standing locations and more than 125 in-store service centers within its vendors' locations. "Gaining approval in these states is a small but important step in the expansion of PCBM," said Bruce Hall, the company's president. "We are very much looking forward to opening service centers in all nine states by the end of the summer, and plan to be operating nationwide by the end of the year," said Hall. Capitalizing on its existing approval, PCBM plans to open Fast PayCheck Advance service centers in existing vendor stores in Utah by the end of July. Openings in additional states are expected to follow shortly thereafter. PCBM is currently pursuing strategies that it expects will result in it opening service centers nationwide by the end of the year. In addition, the firm recently announced plans to become the first company in its industry to offer its customers access to their loans through the convenience, security and flexibility of smart cards. About Pinnacle Business Management, Inc. Pinnacle Business Management is in the business of advancing small, secured loans until payday through their wholly owned subsidiary, Fast PayCheck Advance, Inc. PCBM prides itself on operating with integrity and responsibility to its customers, employees and shareholders. For more details on these and other PCBM activities, refer to the press releases at pcbm.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 Litigation 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: Pinnacle Business Management Bruce Hall, 877/877-9307 bruce@pcbm.com or The Pollack PR Marketing Group Robert Parry, 310/556-4443 rparry@ppmgcorp.com