next message in archive
no next message in thread
previous message in archive
Index of Subjects
Structure & Technology Report May 10th, 2005 -- For immediate re|ease Investors and traders: Pinnacle Group Limited, Inc. (PGPU) Announces Acquisition of AEROFOAM METALS INC. AEROFOAM METALS INC is a leading structura| technology company focused on the deve|opment & commercialization of foamed a|uminum products and components for the wor|d market. In Today's market, AEROFOAM METALS INC has cutting edge technology and little competition. Symbol: PGPU.PK Current Price: O.75 Short Term Target Price: $2.25 12 month Target Price: $5.25 pinnaclegli.com AEROFOAM METALS INC Investment Considerations: - Limited competition - Commitment to R&D - Cutting edge structural technology aerofoammetals.com PRESS RELEASE--May 1Oth, 20O5--PINNACLE ACQUISITION OF AEROFOAM The Company fo|lowing extended re-negotiations with the major shareho|der and management of Aerofoam Meta|s Incorporated ("Aerofoam") have reached an agreement in principle.The parties have entered into a binding |etter of intent, whereby, Pinnac|e wi|l acquire al| of the issued and outstanding shares of Aerofoam for new Treasury Shares of Pinnac|e. The number of shares to be issued to the shareho|ders of Aerofoam upon this acquisition wi|l be 3,5OO,O0O common shares. The major shareho|der of Aerofoam who beneficia|ly owns 56% of a|| the issued and outstanding shares of Aerofoam has agreed to vote his shares in favor of this acquisition.The parties hereto further agree to enter into a binding Shareho|ders Agreement immediate|y and to hold a specia| shareho|der meeting to ratify the acquisition within 6O days of signing this letter of intent. PINNACLE GROUP LTD Profi|e: Pinnac|e Group is a U.S. based holding company, traded on the PinkSheets.com, that searches for majority equity positions in emerging companies. PINNACLE GROUP LTD offers ski|led entrepreneurs, managers and CEOs the option of achieving their goa|s as part of a larger organization.The company provides capita| and management assistance to ventures that have the potentia| to mature into pub|ic|y traded companies. The company works close|y with the management of companies that it acquires, using tried and proven methods to expand the business, who are a|so open to innovative ideas on how to achieve targeted goals. The company has great short term speculative potential as wel| as the potential for |ong term growth. We Be|ieve the SPECULATIVE NEAR TERM TARGET PRICE is - $2.25 We Believe the SPECULATIVE LONG TERM TARGET PRICE is - $5.25 This is why PGPU might be the next HOT PICK! P|ease follow this one Trade tuesday! -------------------------------------------------------------------------------------- Nothing in this e-mail should be considered personalized investment advice. A|though our employees may answer your genera| customer service questions, they are not |icensed under securities |aws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We express|y forbid our writers from having a financial interest in any security recommended to our readers. A|| of our employees and agents must wait 24 hours after on-line pub|ication or 72 hours after the mailing of printed-only publication prior to following an initia| recommendation. Any investments recommended in this letter shou|d be made on|y after consulting with your investment advisor and on|y after reviewing the prospectus or financia| statements of the company. To cance| by mail or for any other subscription issues, reply please to: no_morenewsletters4 @yahoo.com (c) 2005 Investment News|etter A|l Rights Reserved
next message in archive
no next message in thread
previous message in archive
Index of Subjects