To: MoneyMade who wrote (3632 ) 1/21/1999 8:51:00 AM From: Retaylor Respond to of 15987
PCBM, I am being told by the company that we should see more news early next week. The bid/ask will tighten up as the volume increases and as investor interest continues. The pull back in price yesterday was contributed to the wide spreads in the Bid/Ask. Now that the MM's are continuing to see strong support in the stock, we will see the Bid/Ask become more reasonable and it will attract more investors. ______________________________________________________________________ Outstanding shares Approximately 16,000,000 Restricted shares Approximately 12 million Approximately 2.5 million tightly held from (504)'s in the $2-$3 range. Float size Approximately 1.5 million. ______________________________________________________________________ Pinnacle Business Management Inc. (OTCBB: PCBM) is a holding company that operates through its subsidiaries Summit Property Group Inc., a commercial real estate division, Fast Title Loans Inc. and Fast Paycheck Advance, which are both consumer lending divisions. These three divisions compliment a strong consumer finance organization and promotes strength and growth through diversity. The company can be described as being in the business of loaning money on motor vehicle titles and advancing small loans until payday, with an expanding position in commercial real estate. Pinnacle's short-term goals include expanding to 25 title loan locations that will be fully operational by the end of March 1999, the company currently operates eight title loan and paycheck advance locations. In addition, Pinnacle plans to begin expansion into Illinois in the first quarter of 1999, with a company wide growth to 58 fully operational locations by the second quarter of 1999. The company has secured low cost loan capital to increase its current and future profits. With the additional locations, outstanding consumer loans should exceed a monthly value of $1.5 million by the end of the first quarter of 1999. Contact Information Phone 727/669-7781 Fax 727/669-5912 Address 2963 Gulf to Bay Blvd., Suite 265 Clearwater Florida 33759 pcbm.com