PCBM's All Pro Group Posts Eighth Consecutive Profitable Month
CLEARWATER, Fla. and PITTSBURGH--Oct. 1, 2001-- Pinnacle Business Management (Pink Sheets:PCBM) has announced the preliminary and un-audited August financials for its McMurray, PA-based All Pro business unit.During the month of August 2001, the All Pro division saw total combined sales of almost $800,000, resulting in pre-tax profits of approximately $45,000.
All Pro recorded its eighth-consecutive profitable month since it became part of PCBM. These figures encompass each of the All Pro business units operating in McMurray, PA, including All Pro Daewoo, the All Pro Auto Mall and All Pro Communications (both wireless and wired systems units).
"We have signed significant agreements in recent months and are looking forward to continued steady growth," said Vince Lo Castro, COO of PCBM and president of the All Pro business unit. "We are now operating the Kings location and placing the final touches on the Vasko agreement which is scheduled to be finalized on October 26, 2001."
"PCBM and its All Pro business unit continue to do our utmost, even in a `down-turn economy,' to sustain growth," said Jeff Turino, CEO of PCBM. "I am proud to say that All Pro has seen eight profitable months in a row."