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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2(a)
PINNACLE BUSINESS MANAGEMENT, INC.
(Name of Issuer)
COMMON STOCK, $.001 PAR VALUE
(Title of Class of Securities)
72345 10 9
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(CUSIP Number)
ACTIVE CAPITAL FUND, LLC
ATTN: MICHAEL KOSKI
762 HIGHWAY 133, SUITE 4B
CARBONDALE, COLORADO 81623
970-963-4455
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
JULY 3, 2000
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), Rule 13d-1(f) of Rule 13d-1(g), check the
following box. [ __ ]
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SCHEDULE 13D
CUSIP No.
1. Name of Reporting Persons - IRS Identifications No. of
Above Person (Entities Only)
ACTIVE CAPITAL FUND, LLC
IRS ID NO.: 84-1514039
2. Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [ ]
3. SEC Use Only
4. Source of Funds
WC
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
or 2(e)
To Items 2(d) or 2(e) [ __ ]
6. Citizenship or Place of Organization
Colorado
Number of Shares Beneficially Owned by Each Reporting Person
With:
7. Sole Voting Power
10,460,000
8. Shared Voting Power
9. Sole Dispositive Power
10,460,000
10. Shared Dispositive Power
11. Aggregate Amount Beneficially Owned by Each Reporting
Person
COMMON STOCK
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ACTIVE CAPITAL FUND, LLC 10,460,000
12. Check if the Aggregate Amount in Row 11 Excludes
Certain Shares
[ -- ]
13. Percent of Class Represented by Amount in Row 11
5.59%
14. Type of Reporting Person
IV
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Item 1. Security and Issuer
This Schedule 13D relates to the shares of common stock, par value $.001 per
share (the "Common Stock"), of Pinnacle Business Management, Inc., a Nevada
corporation (the "Pinnacle").
The principal executive offices of Pinnacle are located at 2963 Gulf to Bay
Boulevard, Suite 265, Clearwater, Florida 33759, 727-669-7781.
Item 2. Identity and Background
(a) Name:
ACTIVE CAPITAL FUND, LLC
(b) Address:
762 HIGHWAY 133, SUITE 4B
CARBONDALE, COLORAO 81623
(c) Present Principal Occupation:
PRIVATE INVESTMENT FUND
(d) No
(e) No
(f) Citizenship:
United States of America
Item 3. Source and Amount of Funds or Other Consideration
Investment capital of Active Capital Fund, LLC
Item 4. Purpose of Transaction
Active Capital Fund, LLC acquired the stock of Pinnacle for investment purposes
only and without a purpose or effect of changing or influencing control of the
issuer.
Active Capital Fund, LLC is more likely than not to eventually dispose of all or
portions of the securities of Pinnacle it now beneficially owns.
Item 5. Interest in Securities of the Issuer
Active Capital Fund, LLC beneficially owns, and has the sole power to vote and
dispose of, 10,460,000 shares, or 5.59%, of the outstanding shares of Common
Stock of the Issuer. The calculation of ownership set forth herein is based upon
187,157,589 shares of Common Stock outstanding as of July 12, 2000, as indicated
on the records of the transfer agent.
Item 6. Contracts, Arrangements, Understandings or
Relationships With Respect to Securities of the
Issuer.
There are no contracts, arrangements, understandings, agreements or
relationships (legal or otherwise) between Active Capital Fund, LLC and any
person with respect to the securities of Pinnacle.
Item 7. Materials to Be Filed as Exhibits
N/A
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: July 12, 2000
/s/ Michael Koski
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Michael Koski as General Manager of
ACTIVE CAPITAL FUND, LLC
