Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Dollar and Under Sleeper Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (7638)	2/19/1999 8:41:00 AM
From: RICE	Respond to of 8835

NEWS FLASH !!!!!!!!!!!!!!!! PCBM Check out Their news release this morning. These people are growing rapidly and are tremendously undervalued at this point. They IPO ed at $ 4.00 last summer and now they have strengthened their management team. With the acquisition of this E-Commerce we should see $ 4.00 again. Their goal is also to get a NADSAQ listing. Float is very small so this thing is going to run. It is being reccomended as well by the same people who just recently brought us ETVL. Here it is. To: RICE (150 ) From: Bird Friday, Feb 19 1999 7:17AM ET Reply # of 152 NEWS NEWS NEWS !!!!!!!!!! Clearwater, Florida--(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. This new technology base takes advantage of the ongoing growth of E-Commerce popularity and will enable purchasers to easily use personal checks or Pinnacle's easily available, branded Cash Card on the Internet. The realm of E-Commerce can then include consumers who cannot, do not, or will not use Credit Cards for purchases. This proprietary technology will also enable merchants to be paid faster, and goods will be shipped sooner. In Phase Three, Pinnacle Business Management, Inc. intends to consolidate a fragmented industry with over 6,000 independent companies into a cohesive, self-contained consumer cash resource. In order to effect its growth strategies, Pinnacle Business Management, Inc. is expanding its market penetration internationally through aggressive pursuit of acquisitions, rollups, and affinity franchises. Announcements regarding Phase Three and its details are scheduled for Second Quarter 1999. Pinnacle Business Management, Inc. (OTCBB: PCBM – pcbm.com) is a publicly traded holding company with a limited public float. It operates through its subsidiaries Fast Title Loans, Inc. and Fast Paycheck Advance, Inc. which are both consumer lending divisions, and Summit Property Group, Inc., a commercial real estate division. These divisions combine a strong asset base and a strong consumer finance organization, which contribute to increased income and shareholder wealth. Pinnacle Business Management, Inc. can be described as being in the business of lending money on motor vehicle titles and advancing small loans until payday, with an increasing position in commercial real estate. PCBM intends to become a reporting company this year. Growth plans will continue to be financed through public and private sources. Additional information is available through the company's web site or by calling the contact below. PCBM intends to become the premier facilitator of cash transactions accessed or found through Internet portals, such as Yahoo (Nasdaq:YHOO), Excite (Nasdaq:XCIT), Lycos (Nasdaq:LCOS) or Infoseek (Nasdaq:SEEK) and shopping networks such as Amazon (Nasdaq:AMZN), E-Bay (Nasdaq:EBAY), Dell Computer Corp. (Nasdaq:DELL), Ticketmaster Online (Nasdaq:TMCS), Bid.com Inc. (TSE:BII.TO), Onsale Inc. (Nasdaq:ONSL), Ubid Inc. (Nasdaq:UBID) or USA Network Inc.'s Home Shopping Network. (Nasdaq:USAI). ------ Previous

To: Daniel Miller who wrote (7638)	2/19/1999 9:03:00 AM
From: RICE	Respond to of 8835

PCBM !!!!!!!! You will find this interesting below with also a bit from Gold Pennies newsletter. Here is a post from Raging Bull: Just in case some of you were wondering, this is a real company. I was in their Clearwater office yesterday morning. Spent a very pleasant hour with Joe Vallone. The title business is very good and making money from what I understand. A number of acquisitions are in the works. The other side of the business, Software is to me the most exciting. Can you imagine a small fast food store spends about $1200 for new software that not only helps him manage better but aids in getting the $$$ from a check into his account rapidly. (other software available is about $10,000.00 and does nothing to help him in receiving his money any faster). And for every check that he runs through he pays PCBM a $1 service fee(negotible based on the number of checks). Now imagine how many national operations that would benefit from moving their money quicker and knowing if the check will clear quicker and multiply that back end charge and you have a little diamond in the rough. Well this is in fact happening from what I understand. So all we can do is set back an hope that the deal to bring the software co. under the corp. name of PCBM is finalized. From what I could piece together, they are very close. More later when I have time. Also The Gold Pennys Info: LATEST RUMOR from the "RUMOR MILL" on PCBM..part based on informed, generally reliable reporting sources.... The next 2 - 4 weeks will be very interesting for Pinnacle Business Management (PCBM). Word is that PCBM They will be announcing the acquisition of a software company that is already generating $5 mil in revenues and have products that are currently sold at Wallmart and K-mart. I am also hearing that they are in negotiations with Nations Bank. I wasn't told the name of the company or the software products that are being sold, just that everything looked great in terms of finalizing this deal. Informed sources reported on 11 Feb 99 that to purchase the software company PCBM is giving them 2.5 million restricted shares of PCBM that cannot be sold for a year (maintaining the low float). Gold Pennies was also told that the software company may be a subsidiary "Spin-off" scenario. Where the software company will get its own stock symbol, and holders of PCBM will get 1 free share of the new company for every share of PCBM held. Sort of like what was recently announced by Tianrong Building Materials Holding Company (TNRG)... With the small float and future acquistions in the works, we could be seeing the $2 - $3 range in the very near future. Remember, PCBM has as high as $4 in the past. And this was before they had all their "ducks into place".