Pinnacle or New Horizons, which was another name they used in their marketing, was a marketing agent for New Summit Investments for a managed Investestment account. There was a $5, 000 fee for this account. There was also a guarantee in their contract that if a loss of greater than 10% was realized anytime in the first 12 months, I would be entitled to a refund of my $5, 000 . I have called the company multiple times for 2 weeks now and nobody answers the phone. I have left messages and have sent multiple emails and have received no response. I have filed a complaint with the Better Business Bureau and I am in the process of contacting my lawyer to see what can be done.
I don't know how this will turn out, but I hope my experience can save other people from losing their hard earned money. Companies like this take advantage of peoples hopes and trusting nature to steal their money. They promise everything when they are taking people's money, but when it comes time to making good on their guarantee, they dissapear. I have not only lost thousands of dollars in my investment money, I have now lost $5, 000 additional money for the amount I paid to Pinnacle Trading Partners. I hope that I will retrieve this money, but usually it ends in the innocent trusting people getting the short end.