SC 13D 1 sc13d.txt SCHEDULE 13D 1 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 -------------- (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. [ __ ] 2 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 ------------ 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 3 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 4 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 --------------------------------- Michael Koski as General Manager of ACTIVE CAPITAL FUND, LLC