Pinnacle Business Management Updates Schedule for Dividend of Summit Property Group
CLEARWATER, Fla.--March 12, 2001--Pinnacle Business Management (Pink Sheets:PCBM) has announced that the payment date for its previously announced 1-for-100 non-cash dividend (which will be paid in the form of shares in Summit Property Group Inc.) will be March 16, 2001.About Pinnacle Business Management
Pinnacle Business Management (Pink Sheets:PCBM) commenced operations in 1996 in Florida. The company operates Fast PayCheck Advance, a firm that offers instrument-for-instrument paycheck advance transactions. Fast PayCheck Advance is licensed to operate in nine states and has applications for licensing pending in 20 other states. The company also operates the All Pro group of companies, a division of businesses in western Pennsylvania that includes automobile and telecommunications entities.
For more information, call Cynthia Mandel at 954/973-3493.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements in this news 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.