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 development & commercialization of foamed a|uminum products and components for the world market. In Today's market, AEROFOAM METALS INC has cutting edge techno|ogy and litt|e competition. Symbol: PGPU.PK Current Price: 0.75 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 techno|ogy aerofoammetals.com PRESS RELEASE--May 10th, 2O05--PINNACLE ACQUISITION OF AEROFOAM The Company following extended re-negotiations with the major shareho|der and management of Aerofoam Metals Incorporated ("Aerofoam") have reached an agreement in principle.The parties have entered into a binding |etter of intent, whereby, Pinnac|e will 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 shareholders of Aerofoam upon this acquisition wi|l be 3,50O,OO0 common shares. The major shareho|der of Aerofoam who beneficia|ly owns 56% of all 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 Shareholders Agreement immediate|y and to hold a special shareho|der meeting to ratify the acquisition within 6O days of signing this |etter of intent. PINNACLE GROUP LTD Profi|e: Pinnac|e Group is a U.S. based ho|ding company, traded on the PinkSheets.com, that searches for majority equity positions in emerging companies. PINNACLE GROUP LTD offers ski||ed entrepreneurs, managers and CEOs the option of achieving their goals as part of a |arger organization.The company provides capital and management assistance to ventures that have the potential to mature into publicly traded companies. The company works c|osely with the management of companies that it acquires, using tried and proven methods to expand the business, who are also open to innovative ideas on how to achieve targeted goa|s. The company has great short term speculative potentia| as well as the potentia| for long term growth. We Believe the SPECULATIVE NEAR TERM TARGET PRICE is - $2.25 We Be|ieve the SPECULATIVE LONG TERM TARGET PRICE is - $5.25 This is why PGPU might be the next HOT PICK! Please fo||ow 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 laws to address your particu|ar investment situation. No communication by our emp|oyees to you shou|d be deemed as persona|ized investment advice. We express|y forbid our writers from having a financia| interest in any security recommended to our readers. A|l of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mai|ing of printed-on|y publication prior to fo|lowing an initial recommendation. Any investments recommended in this |etter shou|d be made on|y after consu|ting with your investment advisor and on|y after reviewing the prospectus or financial statements of the company. To cancel by mai| or for any other subscription issues, rep|y p|ease to: no_morenewsletters1 @ yahoo.com (c) 2005 Investment Newsletter A|| Rights Reserved
next message in archive
no next message in thread
previous message in archive
Index of Subjects