MAS ACQUISITION XIX CORP
10QSB, 2000-11-14
NON-OPERATING ESTABLISHMENTS
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                             UNITED STATES
                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549

                               Form 10-QSB

             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)
                  OF THE SECURITIES EXCHANGE ACT OF 1934
               FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2000

                          MAS ACQUISITION XIX CORP.
                (Name of Small Business Issuer in its charter)

               Indiana                         35-2082971
    (State or other jurisdiction)         (I.R.S. incorporation or organization
                                            Employer Identification Number)

        2963 Gulf to Bay Blvd., Suite 265, Clearwater, Florida 33759
            (Address of principal executive offices and zip code)

           1710 E. Division Street, Evansville, Indiana 47711
        (Former address of principal executive offices and zip code)

          Registrant's telephone number, including area code:
                             (727) 669-7781

Indicate by check mark whether the Registrant (1) has filed all reports required
to  be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 durin
g  the  preceding  12 months (or for such shorter period that the Registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.  YES  [X]  NO  [  ]


As of September 30, 2000, the Registrant has 1,000 shares of common stock
outstanding.

Transitional Small Business Disclosure Format.      Yes [ ] No[X]


TABLE OF CONTENTS                                                PAGE


PART I.  FINANCIAL INFORMATION

     ITEM I.  FINANCIAL STATEMENTS

     ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR
              PLAN OF OPERATION

PART II.  OTHER INFORMATION

     ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

     ITEM 5.  OTHER INFORMATION

     ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K


<PAGE>
PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                           MAS ACQUISITION XIX CORP.
                         (A DEVELOPMENT STAGE COMPANY)

                             FINANCIAL STATEMENTS
                                SEPTEMBER 30, 2000

                              TABLE OF CONTENTS


  ACCOUNTANTS' REVIEW REPORT                                        1

  FINANCIAL STATEMENTS

     BALANCE SHEET                                                  2

     STATEMENT OF OPERATIONS                                        3

     STATEMENT OF EQUITY                                            4

     STATEMENT OF CASH FLOWS                                        5

  NOTES TO FINANCIAL STATEMENTS                                   6-8


Shareholders and Board of Directors
MAS ACQUISITION XIX CORP.
(A Development Stage Corporation)

We  have reviewed the accompanying balance sheet of MAS Acquisition XIX Corp. as
of  September  30,  2000  and 1999, and the related statements of operations and
retained  earnings  and cash flow for the three months then ended, in accordance
with  the  Statements  on Standards for Accounting and Review Services issued by
the American Institute of Certified Public Accountants. All information included
in  these  financial  statements  is the representation of the management of MAS
Acquisition  XIX  Corp.

A  review  consists principally of inquiries of Company personnel and analytical
procedures applied to financial data.  It is substantially less in scope than an
audit in accordance with generally accepted auditing standards, the objective of
which  is  the expression of an opinion regarding the financial statements taken
as  a  whole.  Accordingly,  we  do  not  express  such  an  opinion.

Based  on our review, we are not aware of any material modifications that should
be  made  to  the  accompanying  financial statements in order for them to be in
conformity  with  generally  accepted  accounting  principles.

Our  review  was made for the purpose of expressing limited assurance that there
are no material modifications that should be made to the financial statements in
order  for  them  to  be  in  conformity  with  generally  accepted  accounting
principles.  The  information included in the accompanying schedule is presented
only  for  the  supplementary  analysis  purposes.  Such  information  has  been
subjected  to the inquiry and analytical procedures applied in the review of the
basic  financial  statements, and we are not aware of any material modifications
that  should  be  made  thereto.

/S/  BAGELL,  JOSEPHS,  &  CO., L.L.C.
-----------------------------------------------------------
    BAGELL,  JOSEPHS,  &  CO.,  L.L.C
    Certified  Public  Accountants

October  23,  2000
Gibbsboro,  New  Jersey


                                     Page  1
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP
                      (A  Development  Stage  Corporation)
                                BALANCE  SHEETS
                         SEPTEMBER  30,  2000 and 1999

                                                      2000     1999
                                                     -------  -------
<S>                                                  <C>     <C>
ASSETS
  Organizational costs,
     net of accumulated amortization                 $  15   $   69

LIABILITIES  AND  STOCKHOLDERS' EQUITY

   STOCKHOLDER'S EQUITY

   Preferred stock, $.001 par value, 20,000,000
   shares authorized, none issued or outstanding         -        -

   Common stock, $.001 par value, 8,000,000 shares
    authorized, 1,000 shares issued and outstanding    111      111

   Accumulated deficit                                 (96)     (42)
                                                     -------  -------


       Total Stockholders' Equity                       15       69
                                                     -------  -------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY           $  15   $   69
                                                     =======  =======
</TABLE>


              See  Accompanying  Notes  and  Accountants'  Review  Report


                                    Page  2
<PAGE>
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP
                        (A Development Stage Corporation)
                 STATEMENT OF OPERATIONS AND ACCUMULATED DEFICIT


                                     September 30,    September 30,
                                         2000             1999
                                    ---------------  -----------------
<S>                                 <C>              <C>
Revenue                             $            -   $            -

Expenses
   Amortization                                  6                7
                                    ---------------  -----------------
Total expenses                                   6                7
                                    ---------------  -----------------

Net Loss                            $           (6)              (7)
Accumulated Deficit, end of period             (96)             (42)
                                    ===============  =================
Weigted average number of common
   shares outstanding                    8,241,496        8,511,138
                                    ===============  =================

Basic loss per share                $            -   $            -
                                    ===============  =================
</TABLE>

              See Accompanying Notes and Accountants' Review Report


                                     Page  3
<PAGE>
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP.
                        (A Development Stage Corporation)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                 FOR THE PERIOD FROM JANUARY 6, 1997 (INCEPTION)
                            THROUGH SEPTEMBER 30, 2000

                                                          Accumulated
                                                          Deficit During
                                      Common     Stock    Development
                                      Shares     Amount   Stage         Total
                                    -----------  -------  -------  ----------------
<S>                                 <C>          <C>      <C>      <C>
Shares issued at inception
for organizational costs             8,500,000   $    90  $    -   $            90

Shares issued for services
at $.001 par valuein January, 1997         500         1       -    1Shares gifted
at $.001 par valuein March 1997          7,750         8       -                 8

Net loss for the year                        -         -     (18)              (18)
                                    -----------  -------  -------  ----------------

Balance at June 30,1998              8,508,250        99     (18)              (81)
Net loss for the year                        -         -     (18)              (18)

                                    -----------  -------  -------  ----------------
                                     8,508,250        99     (36)               63

Shares issued for services
at $.001 par value
in September 1998                          750         1       -                 1

Shares gifted
at $.001 par value
in September 1998                       10,800        11       -                11

Net loss for the year                        -         -     (30)              (30)
                                    -----------  -------  -------  ----------------
Balance at June 30, 1999             8,518,900       111     (66)               45

Shares issued for services
at $.001 par value
in October 1999                            100         -       -                 -

Reverse stock split
In March 2000                       (8,518,900)        -       -                 -

Net loss for the year                        -         -       -                 -


                                    -----------  -------  -------  ----------------
Balance at June 30, 2000                 1,000       111     (90)               21
Net loss for the period                      -         -      (6)               (6)
                                    -----------  -------  -------  ----------------

Balance at
September 30, 2000                       1,000   $   111  $  (96)  $            15
                                    ===========  =======  =======  ================
</TABLE>

               See  Accompanying  Notes  and  Accountants'  Review  Report


                                     Page  4
<PAGE>
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP
                        (A Development Stage Corporation)
                             STATEMENT OF CASH FLOWS
                 THREE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999


                                                 September 30,    September 30,
                                                      2000             1999
                                                ----------------  ------------------
<S>                                             <C>               <C>

CASH FLOWS FROM OPERATING ACTIVITIES:Net loss   $            (6)   $          (7)
                                                ----------------  ------------------

Adjustment to reconcile net loss
to net cash provided by
operating activities:
                                                ----------------  ------------------
Amortization                                                  6                7
                                                ----------------  ------------------

Total adjustments                                             6                7
                                                ----------------  ------------------

Net cash provided by
   operating activities                                       -                -
                                                ----------------  ------------------

CASH FLOWS FROM INVESTING ACTIVITES                           -                -
 CASH FLOWS FROM FINANCING ACTIVITES                          -                -
                                                ----------------  ------------------

     Net increase in cash and cash equivalents                -                -
                                                ----------------  ------------------

Cash and cash equivalents
    Beginning of the period                                   -                -
                                                ----------------  ------------------
      End of the period                         $             -   $            -
                                                ================  ==================

              See  Accompanying  Notes  and  Accountants'  Review  Report
</TABLE>


                                     Page  5


<PAGE>
                            MAS  ACQUISITION  XIX  CORP
                        (A  Development  Stage  Corporation)
                          NOTES  TO  FINANCIAL  STATEMENTS
                                 SEPTEMBER  30,  2000

NOTE  1  -  SIGNIFICANT  ACCOUNTING  POLICIES:
              -------------------------------

Organization
------------
The  Company  was  incorporated on January 6, 1997, in the State of Indiana. The
Company  is  in  the  development  stage  and  its  intent is to locate suitable
business  ventures  to  acquire.  The  Company  has  had no significant business
activity  to  date  and  has  chosen  June  30,  as  a  year  end.

On  March  3,  2000,  the  Company  exchanged  8,250,000 shares of its stock for
1,500,000  shares  of  Pinnacle Business Management, Inc., a Nevada corporation.
The  result  is  that  the company was acquired by Pinnacle Business Management,
Inc.  After  this  exchange  a  reverse  stock  split  occurred leaving Pinnacle
Business  Management,  Inc.  as  the  sole  shareholder  of  the  Company.

Cash  and  Cash  Equivalents
-------------------------
For  the  purposes  of  the  statements of cash flows, the Company considers all
highly liquid debt instruments purchased with a maturing of three months or less
to  be  cash  equivalents.

Intangible  Assets
-------------------
The  cost of intangible assets is amortized using the straight-line method over
the  estimated useful economic life (five years for organizational costs).  They
are  stated  at cost less accumulated amortization.  The Company reviews for the
impairment  of  long-lived  assets and certain identifiable intangibles whenever
events or changes in circumstances indicate that the carrying value of the asset
may  not  be recoverable.  An impairment loss would be recognized when estimated
future  cash flows expected to result from the use of the asset and its eventual
disposition  is  less  than its carrying amount.  No such impairment losses have
been  identified  in  the  periods  presented.

Net  Loss  per  Share
------------------
Basic  loss per share is computed by dividing the net loss for the period by the
weighted  average  number  of  common  shares  outstanding  for  the  period.

Use  of  Estimates
----------------
Management  uses  estimates and assumptions in preparing financial statements in
accordance  with  generally  accepted accounting principles. These estimates and
assumptions affect the reported amount of assets and liabilities, the disclosure
of  contingent  assets  and liabilities, and the reported revenues and expenses.
Actual  results  could  vary  from  the  estimates  that  were  used.


                                   Page  6
<PAGE>
                          MAS  ACQUISITION  XIX  CORP
                     (A  Development  Stage  Corporation)
                       NOTES  TO  FINANCIAL  STATEMENTS
                        SEPTEMBER  30,  2000  and  1999

NOTE  1  -  SIGNIFICANT  ACCOUNTING  POLICIES  (cont.)
--------------------------------------------

Income  Taxes
------------
Deferred  income  tax may arise from temporary differences resulting from income
and  expense  items  reported  for  financial  reporting  ands  tax  purposes in
different  periods.  Deferred  taxes  are  classified as current or non-current,
depending  on  the  classification  of  the assets and liabilities to which they
relate.  Deferred  taxes arising from temporary differences that are not related
to  an  asset or liability are classified as current or non-current depending on
the  periods  in  which  the  temporary  differences  are  expected  to reverse.

NOTE  2  -  STOCKHOLDERS'  EQUITY
------------------------------
At  inception  the  Company issued 8,500,000 shares of is $.001 par value common
stock  to an officer as reimbursement of organization costs paid by the officer.
Fair  value  used  for  this transaction of $90 is based upon the actual cost of
incorporation.

During January, 1997 the Company issued 500 shares of its $.001 par value common
stock  to  directors  as  compensation  valued  at  $1.

During  March,  1997  the  Company  issued  7,750  shares of its common stock to
foreign  citizens  as  a  gift  with  an  aggregate  value  of  $8.

During  September,  1998  the  Company  issued 750 shares of its $.001 par value
common  stock  to  directors  as  compensation  valued  at  $1.

During  September,  1998 the Company issued 10,800 shares of its common stock to
foreign  citizens  as  a  gift  with  an  aggregate  fair  value  of  $11.

During  October,  1999  the Company issued 100 shares of its common stock to one
individual  with  an  aggregate  fair  value  of  $0.

On March 3, 2000 the Company entered into an exchange agreement and was acquired
by  Pinnacle  Business  Management,  Inc., an entity trading on the OTC Bulletin
Board  (PCBM).  Subsequent  to entering into the exchange agreement, the Company
declared  a  reverse stock split, effectively reducing the outstanding shares to
1,000.

                                     Page 7
<PAGE>
                         MAS  ACQUISITION  XIX  CORP
                     (A  Development  Stage  Corporation)
                        NOTES  TO  FINANCIAL STATEMENTS
                        SEPTEMBER  30,  2000  and  1999


NOTE  3  -  LIQUIDITY  AND  CAPITAL
-----------------------------------------

RESOURCES:As  of September 30, 2000 and 1999  the  Company  had  no  cash  or
capital  reserves.

NOTE  4  -  INCOME  TAXES
--------------------------
There  is  no provision for income taxes at September 30, 2000 and 1999.  The
Company has a small net operating loss which expires through 2013.


                                    Page  8
<PAGE>
ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION

     Management's discussion is based on an analysis of the financial statements
for  the  three  months  ended  September 30, 2000. A comparison is made for the
corresponding  financial  period of the prior year. The company became reporting
in August 1999, and had limited operation in 1999. Pinnacle Business Management,
Inc., acquired the company on March 3, 2000. The company's audited June 30, 2000
financial  statements are included in the company's Form 10-KSB, filed September
29,  2000.

PAST AND FUTURE FINANCIAL CONDITION

     The  company  is  in  the  development  stage.  It  has  had no significant
business  activity  since  inception.  The  company's  purpose  is  to  seek,
investigate, and if such investigation warrants, acquire an interest in business
opportunities  presented  to  it  by  persons or entities who seek the perceived
advantages  of  an  Exchange  Act registered corporation.  RESULTS OF OPERATIONS


     The  company has no assets, liabilities or operating revenues.  The company
had amortized organization costs of $15 for the three months ended September 30,
2000.  The  company  has  a  net  loss  for  the  period  of  $6.


<PAGE>
LIQUIDITY

    The  company  has  no  capital with which to acquire a business opportunity.
Management  does  not  foresee,  however,  the company incurring any significant
expenses during the next twelve months.  Management expects to incur small loans
to  provide  the  money  necessary  for  operational  expenses.

    The  owners  of  the business opportunities may, however, incur  significant
legal  and  accounting  costs  in  connection  with  acquisition  of  a publicly
registered  company,  including  the  costs  of  preparing Form 8-K's, 10-K's or
10-KSB's,  agreements  and  related  reports  and  documents.

PART  II.  OTHER  INFORMATION

ITEM  2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

   There  were no changes in securities and use of proceeds for the period ended
September  30,  2000.  The  company  has  1,000 issued and outstanding shares of
common  stock at $.001 par value, which are held by its parent company, Pinnacle
Business  Management,  Inc.

ITEM 5.  OTHER INFORMATION.     The company remains inactive. There have been no
other  corporate  changes  for  the  period  ended  September  30,  2000.

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

     There  were  no  Forms 8-K filed, and no were required to be filed, for the
period  ended  September  30,  2000.

                                INDEX TO EXHIBITS

EXHIBIT  NO.          DESCRIPTION  OF  EXHIBITS
_____________________________________________________________


(3)  (i)     Articles of Incorporation, incorporated by reference in Form 10-SB,
filed  on  October  28,  1999.

(3)  (i)  (a) Articles of Amendment of the Articles of Incorporation, adopted by
the  Board  of  Directors  of  the  Company  on March 3, 2000 and filed with the
Secretary  of  State  of  Indiana  on  March  24,  2000.

(3)  (ii)     Bylaws,  incorporated by reference in Form 10-SB, filed on October
28,  1999.

(16)     Letter  regarding  change  in  accountant  dated  September  21,  2000
certifying  Bagell,  Joseph, Levine, Firestone & Company, L.L.C., as accountants
for  the  Company,  incorporated by reference in Form 10-KSB, filed on September
29,  2000.


SIGNATURES


<PAGE>
      In  accordance  with  the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.



MAS  ACQUISITION  XIX  CORP.

Date:  November  14,  2000

By:  /s/  Jeffrey  G.  Turino
     ____________________________________
      Jeffrey  G.  Turino,  Chief  Executive  Officer


    /s/   Michael  B.  Hall
      ____________________________________
      Michael  B.  Hall,  President  and  Director




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