Bounce Factory

[Pigface]

PINR news:

CEO Kevin May, announced today that the company submitted the proper disclosure to Pinksheets.com and the caveat emptor designation has been upgraded to yield limited information.

May commented, "I am pleased to announce that the caveat emptor designation on the pinksheets.com website has been replaced with a much higher level designation. It is a priority to build shareholder value and I believe being open and transparent is one of the first steps. I look forward to updating investors of the various opportunities as they continue to unfold."

"The Fitness club and Racquet Club have completed the best first quarter in their history. With total revenues for the first quarter at all time highs, I am pleased to open the opportunity of what I have built to the shareholders of PINR. I am confident that as we get further into our total plan we will strive to build shareholder value and take PINR to a new level," stated May.

May continued, "A quick comment concerning the technology aspect of the company's business model. I have created several alliances during my years in business and plan to capitalize on these relationships for the future of Pine Ridge Holdings. I would like to encourage all individuals to follow the company's progress as events unfold and additionally to use good judgment when considering an investment in our company."