Pinnacle Development Inc (fka PNCV)

[kinger13]

PNCV is actively pursuing the following acquisitions.

1. A hardwood mill currently producing lumber for the U.S. market place. This acquisition would provide gains through the vertical and manufacturing integration. The mill is ideally located along the Fraser river in Mission, British Columbia and is situated on 9 acres of property.

2. A housing prefabrication company selling products in Canada and the United States. This prefabrication housing company is Vancouver, British Columbia fabricates house structures in an automated manufacturing process that reduces the cost of construction by 20-30%.

3. A timber harvesting division of small businesses sales along the coast of British Columbia and the interior.

4. Timber harvesting tenures of 500,000 m3 (damaged by pine beetle infestation) in the central interior of British Columbia to be processed into soft wood cants utilizing the micro mill concept. Cantech intends on using micro-mills at the logging site for processing wood fiber thus creating an inventory on demand cycle.

Investment Policies
Pinnacle will be actively investigating suitable opportunities to merge with or acquire existing operations to create a more fully integrated resource company. As a component of any acquisition, real estate may be purchased and used in the setup of milling operations where applicable. Land will be used to increase the productivity of milling sites.

From page 2 of the 15c2-011 Information Statement (6/30/2005)
http://www.pinksheets.com/quote/finance.jsp?symbol=PNCV