[Federal Register Volume 67, Number 91 (Friday, May 10, 2002)]
[Notices]
[Page 31856]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-11877]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


Pinnacle Business Management, Inc.; Order of Suspension of 
Trading

May 7, 2002.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Pinnacle Business Management, Inc. (``PCBM'') because of questions 
regarding the accuracy of assertions made by PCBM, and by others, in 
Commission filings and in documents sent to and statements made to 
investors concerning among other things, a planned spin-off by PCBM of 
a subsidiary in May 2002, the initial price at which the subsidiary 
will trade after the spin-off has been completed, and the conditions 
bearing on the subsidiary's chances of achieving an American Stock 
Exchange listing.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above listed 
company is suspended for the period from 9:30 a.m. EDT, May 8, 2002 
through 11:59 p.m. EDT, on May 21, 2002.

    By the Commission.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 02-11877 Filed 5-8-02; 1:33 pm]
BILLING CODE 8010-01-M