Form 10-KSB

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


[X]     ANNUAL  REPORT  UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF  1934

        For  the  fiscal  year  ended:  June  30,  2001

[ ]     TRANSITION  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT  OF  1934

                            MAS ACQUISITION XIX CORP.
                            -------------------------
                 (Name of small business issuer in its charter)

             Indiana                                35-2082971
             -------                                ----------
  (State or other jurisdiction                   (I.R.S. Employer
of incorporation or organization)               Identification No.)

                        2963 GULF TO BAY BLVD, SUITE 265
                            CLEARWATER, FLORIDA 33759
               --------------------------------------------------
              (Address of principal executive offices and zip code)

                                 (727)  669-7781
                                 --------------
                            Issuer's telephone number

Securities  registered  under  Section  12(b)  of  the  Exchange  Act:
None.

Securities  registered  under  Section  12(g)  of  the  Exchange  Act:

1000  common  stock,  $.001  par  value  per  share

Check  whether  the issuer (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 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. [X] Yes [ ] No

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  is  not  contained  in  this  form,  and  no disclosure will be
contained,  to  the  best  of  registrant's  knowledge,  in  definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or  any  amendment  to  this  Form  10-KSB.  [X]

State  issuer's  revenues  for  its  most  recent  fiscal  year.

There  have  been  no  revenues  in  the  most  recent  fiscal  year.


                                        1
<PAGE>
State  the aggregate market value of the voting and non-voting common equity are
not  held  by  non-affiliates.

There  were 1,000 shares of common stock outstanding shares, $.001 par value, as
of  the  end of the company's fiscal year, June 30, 2001. All shares are held by
Pinnacle  Business  Management,  Inc.
______________________________

Transitional  Small  Business  Disclosure  Format:  Yes  ____;  No  X____
______________________________


                                        2
<PAGE>
                                TABLE OF CONTENTS


PART I

ITEM 1.    DESCRIPTION OF BUSINESS                             3

ITEM 2.    DESCRIPTION OF PROPERTY                             5

ITEM 3.    LEGAL PROCEEDINGS                                   5

ITEM 4.    SUBMISSION OF MATTERS
           TO THE VOTE OF SECURITY HOLDERS                     5

PART II.

ITEM 5.    MARKET FOR COMMON EQUITY                            5

ITEM 6.    MANAGEMENT DISCUSSIONS                              5

ITEM 7.    FINANCIAL STATEMENTS                                7

PART III.

ITEM 9.    DIRECTORS, EXECUTIVE OFFICERS,
           PROMOTERS AND CONTROL PERSONS                       7

ITEM 10.   EXECUTIVE COMPENSATION                              7


ITEM 11.   SECURITY OWNERSHIP OF CERTAIN
           BENEFICIAL OWNERS AND MANAGEMENT                    7

ITEM 12.   CERTAIN RELATIONSHIPS
           AND RELATED TRANSACTIONS                            8

ITEM 13.   EXHIBITS AND REPORTS ON FORM 8-K                    8



                                        3
<PAGE>
PART  I

ITEM  1.  DESCRIPTION  OF  BUSINESS.

MAS  Acquisition  XIX  Corp. was incorporated on January 6, 1997 in the State of
Indiana,  to  engage  in  any  lawful  corporate undertaking, including, but not
limited  to,  selected  mergers  and  acquisitions.  The  company  commenced
implementation  of  the  company's  business  in the fiscal year ending June 30,
2000.

Since  its  inception,  the  company  has  not  sought  reorganization under the
bankruptcy  laws  nor  has  it  been in receivership or similar proceedings. The
company  is  in a developmental stage since inception and has no operations. The
company is a "shell" company, whose purpose is to locate and consummate a merger
or  acquisition  with  a  private  entity.

On  March 3, 2000, the company entered into Shell Acquisition and Stock Purchase
Agreement  with  MAS  Capital  Inc., the seller and a shareholder of the company
with 8,250,000 of the issued and outstanding common stock and MRC Legal Services
Corporation,  an  acquiring  shareholder.

In  the  agreement, the seller warranted that all outstanding shares of minority
shareholders  be  delivered  to  the  acquiring shareholder upon the transfer of
aggregate  $1,000  in  immediately available funds for delivery to the remaining
shareholders  of  the  company  upon completion of the reverse stock split. As a
result,  all the outstanding shares were retired. MRC Legal Services Corporation
then  delivered  to  Pinnacle  Business  Management, Inc., 100% of the company's
outstanding  shares.  Pinnacle  is  the  current  shareholder  of  the  company.

Business  of  Issuer:
--------------------

The  company's  business  purpose  is  to  locate  and  consummate  a  merger or
acquisition  with  a  private entity. The primary attraction of the company as a
merger  partner  or  acquisition  vehicle  is  its  status as a reporting public
company.  The  company  offers  no  products  or  other  services to the public.

The  company  is  an  active  but  insignificant  participant in the business of
seeking  mergers  and  joint  venture with and acquisitions of small private and
public  entities.

The  company  has  not conducted a market research, nor had results of a similar
market research available, that would indicate that market demand exists for the
transactions  contemplated  by  the company. The company does not have, and does
not  plan  to establish, a marketing organization. Even in the event a demand is
identified  for a merger or acquisition contemplated by the company, there is no
assurance  the  company  will  be  successful  in  completing  any such business
combination.

The  company  also lacks ability to diversify. The company's proposed operations
will  in all likelihood result in the company engaging in a business combination
with  a  business  opportunity.  Consequently,  the  company's activities may be
limited to those engaged in by the business opportunity which the company merges
with  or  acquires.  The  company's inability to diversify its activities into a
number  of  areas  may  subject  the  company  to economic fluctuations within a
particular business or industry and therefore increase the risks associated with
the  company's  operations.


                                        4
<PAGE>
Business  conditions  for  the company are highly competitive. A large number of
established  and  well-financed  entities,  including venture capital firms, are
active  in  mergers  and  acquisitions  of companies which may be also desirable
targets  for  the company. These entities have a significantly greater financial
resources,  technical  expertise  and  managerial capabilities than the company.
Consequently,  the  company  is  at  a  competitive  disadvantage in identifying
possible  business  opportunities  and  successfully  completing  a  business
combination.

The  company also competes with numerous other small public companies in seeking
merger  or  acquisition candidates. The company has no arrangement, agreement or
understanding  with  respect  to  engaging  in a merger or joint venture with or
acquisition  of  a private or public entity.  There can be no assurance that the
company  will  be  successful  in  identifying  and evaluating suitable business
opportunities  and  concluding a business combination. There is no assurance the
company  will  be able to negotiate a business combination on terms favorable to
the  company.

The  company  has not established a specific length of operating history and has
not  achieved  a  specific  level  of  earnings,  assets, or net worth generally
required  by  a  target business opportunity. Accordingly, the company may enter
into  a  business  combination  with  a  business  entity that has insignificant
operating  history,  limited  or  no  potential  for  earnings,  limited assets,
negative  net  worth  or  other  negative  characteristics.

At present time, the company holds no patents, trademarks, licenses, franchises,
concessions,  royalty  agreements  or  labor  contracts.

Government  Regulation:
----------------------

The  company filed Form 10SB12G for registration of securities of small business
issuers on October 28, 1999, and has timely filed reports relating to subsequent
changes  in  beneficial  stock  ownership  and  current  status.

The company is subject to regulations under the Securities Exchange Act of 1934.
Management  believes  that  the company will not be subject to regulations under
the  Investment  Act  of 1940, insofar as the company will not be engaged in the
business of investing or trading in securities. In the event the company engages
in  business combinations which result in the company holding passive investment
interest  in  a  number  of entities, the company could be subject to regulation
under  the  Investment  company Act of 1940. In such event, the company would be
required  to  register  as  an investment company and could be expected to incur
significant  registration  and  compliance  costs.

The  company  has  obtained  no  formal  determination  from  the Securities and
Exchange  Commission as to the status of he company under the Investment Company
Act  of  1940  and,  consequently,  any  violation of such Act would subject the
company  to  material  adverse  consequences.

The company is not subject to environmental laws. The company may combine with a
business  opportunity that may be subject to environmental laws. However, at the
present  time  the  company  has  no  intention  to  do  so.


                                        5
<PAGE>
Research  and  development:
--------------------------

Research  and  development  activities,  management  control,  and  day  to  day
operations  are  conducted  by  Michael  Bruce,  President of the company. He is
responsible  for  market  research,  development  activities,  negotiations with
potential  merger  or  acquisition  candidates  and  day  to  day  operations.

The  company has no written employment agreement with Michael Bruce Hall and has
no  key man life insurance. The loss of the services of Michael Bruce Hall would
adversely affect the development of the company's business and its likelihood of
continuing  operations.

To  date,  business  expenses  are  nominal  and  are  paid by Pinnacle Business
Management,  Inc.  The  company  has  no  employees.

ITEM  2.  DESCRIPTION  OF  PROPERTY.

The company currently maintains a mailing address at 2963 Gulf to Bay Boulevard,
Suite  265,  Clearwater,  Florida 33759. The company pays no rent for the use of
this  mailing address. Management does not believe that it will need to maintain
an  office  at any time in the foreseeable future in order to carry out its plan
of  operations  described  above.

ITEM  3.  LEGAL  PROCEEDINGS.

The  company is not a party to any legal proceedings.

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS.

 For  the  period  ended  June 30, 2001, there was no submission of matters to a
vote  of  Security  Holders.

PART  II

ITEM  5.  MARKET  FOR  COMMON  EQUITY  AND  RELATED  STOCKHOLDER  MATTERS.

There  is  no  public trading market for the company's common stock. The company
plans  to  apply,  but  at  this point has not applied, to have its common stock
traded  on  the  over-the-counter  market  and listed on the OTC Bulletin Board.
There  is  no  assurance  that  a trading market will ever develop or, if such a
market  does  develop,  that  it  will  continue.

As  of  July  31,  1999, the number of holders of the company's common stock was
150. Subsequent to the reverse stock split on March 3, 2000, the company has one
shareholder,  Pinnacle  Business Management, Inc., with 1000 shares outstanding.

ITEM  6.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION.

Plan  of  Operation:
-------------------

The  company  intends  to seek to acquire assets or shares of an entity actively
engaged  in  business  which generates revenues, in exchange for its securities.
The  company  has no particular acquisition in mind and has not entered into any
negotiations  regarding  such  acquisition.

With  the  exception  of  the  March  2000  acquisition,  none  of the company's
officers,  directors,  promoters  or  affiliates have engaged in any preliminary
contact  or  discussions on behalf of the company with any representative of any
other  company regarding the possibility of an acquisition or merger between the
company  and  such  other  company  during  the  past  two  years.


                                        6
<PAGE>
The  company  has  no  full  time  or  part  time employees. Michael Bruce Hall,
director  and  President of the company, has agreed to allocate a portion of his
time  to  the  activities  of  the  company,  without  compensation. The company
anticipates that the business plan of the company can be implemented through the
efforts  of  Michael Bruce Hall, who plans to devote up to 10 hours per month to
the  business  affairs  of  the  company.

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  firms  who  or  which desire to seek the perceived advantages of an
Exchange  Act  registered  corporation.

The  company  will not restrict its research to any specific business, industry,
or  geographical  location and the company may participate in a business venture
or  virtually  any kind of nature. Management anticipates that it may be able to
participate  in  only  one  potential  business  venture because the company has
nominal  assets  and  limited  financial  resources.

The  company  may  seek a business opportunity with entities which have recently
commenced  operations,  or which wish to utilize the public marketplace in order
to  raise additional capital in order to expand into new products or markets, to
develop  a  new product or service, or for other corporate purposes. The company
may acquire assets and establish wholly-owned subsidiaries in various businesses
or  acquire  existing  businesses  as  subsidiaries.

The company anticipates that the selection of a business opportunity in which to
participate  will  be complex and extremely risky.  The management believes that
due  to  general economic conditions, rapid technological advances and shortages
of  available  capital,  there  are  numerous  firms  seeking  the benefits of a
publicly  registered  corporation.  Such  benefits  may  include  facilitating
additional  equity financing, providing liquidity for incentive stock options to
key  employees,  providing  liquidity  (subject  to  restrictions  of applicable
statutes)for  all  shareholders  and  other  factors.

Due to these factors, the company may encounter available business opportunities
in  many  different industries and at various stages of development. Analysis of
such  business  opportunities  and  comparative investigation are expected to be
extremely  difficult  and  complex.

The  company  has, and will continue to have, no capital with which to acquire a
business  opportunity.  However, management believes the company will be able to
offer  the  owners  of  acquisition  candidates  the  opportunity  to  acquire a
controlling  ownership  interest  in  a  publicly  registered  company  without
incurring  the  cost  and  time  required to conduct an initial public offering.

The  owners of the business opportunities will, 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.  The Securities Exchange Act of
1934  (the  "34  Act"),  specifically  requires  that  any merger or acquisition
candidate  comply  with  all  applicable  reporting  requirements, which include
providing  audited  financial  statements  to  be included with filings required
under the 34 Act. As a result, management may not enter into negotiations with a
business  opportunity that may be unable to provide audited financial statements
for  the  past  two  fiscal  years.


                                        7
<PAGE>
The  analysis  of new business opportunities will be undertaken by Michael Bruce
Hall,  President of the company. He will be the key person in the search, review
and  negotiation  with  potential  acquisition  or  merger  candidates.

In  analyzing  prospective business opportunities, management will consider such
matters  as the available technical, financial and managerial resources; working
capital;  history of operations; prospects for the future; industry competition;
the potential for research and development; specific risk factors; the potential
for  growth  or  expansion;  the  potential  for  profit;  the  perceived public
recognition of acceptance of products, services, or trades; name identification,
and  other  relevant  factors.

The company intends to utilize written reports and investigation to evaluate the
above factors.  The company will not acquire or merge with any company for which
audited  financial  statements  cannot be obtained within a reasonable period of
time  after  closing  of  the  proposed  transaction.

Acquisition  of  Opportunities:
------------------------------

In  implementing  a structure for a particular business acquisition, the company
may become a party to a merger, consolidation, reorganization, joint venture, or
licensing  agreement  with  another  corporation  or entity. It may also acquire
stock or assets of an existing business. Upon the consummation of a transaction,
the  present  management  and  shareholders  of  the company may no longer be in
control of the company. As part of the terms of the acquisition transaction, the
company's  Directors  may resign and be replaced by new directors without a vote
of  the company's shareholders or may sell their stock in the company. Any terms
and conditions of sale of the shares presently held by officers and/or directors
of  the company will also  be afforded to all other shareholders of the company.
Any  and all such sales will only be made in compliance with the securities laws
of  the  United  States  and  any  applicable  state.

ITEM  7.  FINANCIAL  STATEMENTS.






                            MAS ACQUISITION XIX CORP.
                        (A DEVELOPMENT STAGE CORPORATION)
                              FINANCIAL STATEMENTS
                       YEARS ENDED JUNE 30, 2001 AND 2000






<PAGE>
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP.
                        (A DEVELOPMENT STAGE CORPORATION)
                                TABLE OF CONTENTS
                             JUNE 30, 2001 AND 2000


                                                  PAGE
                                                  ----
Auditors' Report                                   1
<S>                                               <C>
Financial Statements:
  Balance Sheets                                   2
  Statements of Operations                         3
  Statements of Changes in Stockholders' Equity    4
  Statements of Cash Flows                         5
  Notes to Financial Statements                    6-7
</TABLE>


<PAGE>
                          INDEPENDENT AUDITORS' REPORT


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


We  have  audited the accompanying balance sheet of MAS Acquisition XIX Corp. (a
development  stage  Company)  as  of  June  30,  2001  and  2000 and the related
statements of operations, changes in stockholders' equity, and cash flow for the
years  ended  June  30,  2001  and  2000.  These  financial  statements  are the
responsibility of the Company's management.  Our responsibility is to express an
opinion  on  these  financial  statements  based  on  our  audits.

We  conducted  our  audits  in  accordance  with  generally  accepted  auditing
standards.  Those  standards  require  that  we  plan  and perform the audits to
obtain  reasonable  assurance about whether the financial statements are free of
material  misstatement.  An  audit includes examining, on a test basis, evidence
supporting  the  amounts  and disclosures in the financial statements.  An audit
also includes assessing the accounting principles used and significant estimates
made  by  management,  as  well  as  evaluating  the overall financial statement
presentation.  We  believe  that  our audits provide a reasonable basis  for our
opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects,  the financial position of MAS Acquisition XIX Corp. (a
development  stage Company) as of June 30, 2001 and 2000, and the results of its
operations,  and  its  cash  flows for the years ended June 30, 2001 and 2000 in
conformity  with  generally  accepted  accounting  principles.

The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a  going  concern.  The  Company  has  been  in the
development  stage  since  inception.  Realization  of  the  Company's assets is
dependent  upon the Company's ability to meet its future financing requirements,
and  the  success  of  future operations.  These factors raise substantial doubt
about  the  Company's  ability  to  continue  as  a  going  concern.


BAGELL,  JOSEPHS  &  COMPANY,  L.L.C.
Bagell,  Josephs  &  Company,  L.L.C.
Gibbsboro,  New  Jersey

September  11,  2001


<PAGE>
<TABLE>
<CAPTION>
                             MAS Acquisition XIX Corp.
                         (A Development Stage Corporation)
                                   Balance Sheet
                               June 30, 2001 and 2000



                                                                      2001    2000
                                                                     ------  ------
<S>                                                                  <C>     <C>
ASSETS
  Organization costs, net of accumulated amortization                $   -   $  21


LIABILITIES AND STOCKHOLDERS' EQUITY

  Stockholders' Equity
    Preferred stock, $.001 par value, 20,000,000 shares authorized,
     none issued or outstanding at June 30, 2001 and 2000.               -       -

    Common stock, $.001 par value, 8,000,000 shares authorized,
      1,000 shares issued and outstanding at June 30, 2001 and 2000    111     111

     Accumulated deficit                                              (111)    (90)

      Total stockholders' equity                                         -      21
                                                                     ------  ------


                                                                     $   -   $  21
                                                                     ======  ======
</TABLE>


               See accompanying notes to the financial statements
                                      -2-
<PAGE>
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP.
                        (A DEVELOPMENT STAGE CORPORATION)
                 STATEMENT OF OPERATIONS AND ACCUMULATED DEFICIT
                       YEARS ENDED JUNE 30, 2001 AND 2000



                                          YEAR ENDED       YEAR-ENDED
                                         JUNE 30, 2001    JUNE 30, 2000
                                        ---------------  ---------------
<S>                                     <C>              <C>
Revenue                                 $            -   $            -

Expenses

   Amortization                                     21               24
                                        ---------------  ---------------

Total expenses                                      21               24
                                        ---------------  ---------------

Net loss                                           (21)             (24)

Accumulated deficit, beginning of year             (90)             (66)
                                        ---------------  ---------------


Accumulated deficit, end of year        $         (111)  $          (90)
                                        ===============  ===============



Weighted average number of common                             8,519,900
                                        ===============  ===============
   shares outstanding                            1,000
                                        ===============  ===============

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


               See accompanying notes to the financial statements.
                                       -3-
<PAGE>
<TABLE>
<CAPTION>
                                MAS ACQUISITION XIX CORP.
                            (A DEVELOPMENT STAGE CORPORATION)
                      STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
                       FOR THE YEARS ENDED JUNE 30, 2001 AND 2000



                                                                 ACCUMULATED
                                                                DEFICIT DURING
                                     COMMON     STOCK AMOUNT     DEVELOPMENT
                                     SHARES                         STAGE         TOTAL
<S>                                <C>          <C>            <C>               <C>
Balance at June 1, 2000             8,519,800   $         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                       -               -              (24)     (24)
                                   -----------  -------------  ----------------  -------

Balance at June 30,2000                 1,000   $         111  $           (90)  $   21
Net loss for year                           -               -              (21)     (21)
                                   -----------  -------------  ----------------  -------

Balance at June 30, 2001                1,000   $         111  $          (111)  $    -
                                   ===========  =============  ================  =======
</TABLE>


                 See accompanying notes to financial statements.
                                       -4-
<PAGE>
<TABLE>
<CAPTION>
                            MAS ACQUISITION XIX CORP.
                        (A DEVELOPMENT STAGE CORPORATION)
                            STATEMENTS OF CASH FLOWS
                       YEARS ENDED JUNE 30, 2001 AND 2000



                                                 YEAR-ENDED       YEAR-ENDED
                                                JUNE 30, 2001    JUNE 30, 2000
<S>                                            <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                     $          (21)  $          (24)
  Adjustments to reconcile net loss to net
    cash provided by operating activities:
    Amortization                                           21               24
                                               ---------------  ---------------
    Total adjustments                                       -               24
                                               ---------------  ---------------

    Net cash provided by operating activities               -                -

CASH FLOWS FROM INVESTING ACTIVITIES                        -                -

CASH FLOWS FROM FINANCING ACTIVITIES                        -                -

Net change in cash and cash equivalents                     -                -
                                               ---------------  ---------------

Cash and cash equivalents
  Beginning of the year                                     -                -
                                               ---------------  ---------------
  End of the year                              $            -   $            -
                                               ===============  ===============
</TABLE>


                 See accompanying notes to financial statements
                                       -5-
<PAGE>
                            MAS ACQUISITION XIX CORP.
                        (A DEVELOPMENT STAGE CORPORATION)
                          NOTES TO FINANCIAL STATEMENTS
                             JUNE 30, 2001 AND 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 organization 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.


                                       -6-
<PAGE>
                                     ------
                            MAS ACQUISITION XIX CORP.
                        (A DEVELOPMENT STAGE CORPORATION)
                          NOTES TO FINANCIAL STATEMENTS
                             JUNE 30, 2001 AND 2000


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

Income  taxes
-------------

Deferred income taxes may arise from temporary differences resulting from income
and expense items reported for financial reporting and tax purposes in different
periods.  Deferred  taxes are classified as current or non-current, depending on
the  classifications  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  -  LIQUIDITY  AND  CAPITAL  RESOURCES
----------------------------------------------

As  of  June  30,  2001  and  June  30,2000,  the Company had no cash or capital
reserves.

NOTE  3  -  INCOME  TAXES
-------------------------

There  is  no  provision for income taxes at June 30, 2001 or 2000.  The Company
has  a  small  net  operating  loss  which  expires  thru  2013.


                                       -7-
<PAGE>
PART  III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE
WITH  SECTION  16(A)  OF  THE  EXCHANGE  ACT.

There  are  no  shareholders  other  than Pinnacle Business Management, Inc. The
outstanding  stock  owned  by Pinnacle does not trade on the open market and the
shareholder  may  sell  the  stock  to  another  business opportunity candidate.

ITEM  10.  EXECUTIVE  COMPENSATION.

The  company  does  not  provide  any  plan or non-plan compensation awarded to,
earned  by,  or  paid  to  the  executive officers and directors of the company.

ITEM  11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

Pinnacle Business Management, Inc. owns 100% of the company's outstanding stock.
Mr. Bruce Hall is a beneficial owner of 39,502,000 shares, or 8.6% of Pinnacle's
outstanding  shares,  held  by  the  Michael  Bruce Hall Family Partnership. Mr.
Turino  is  the  beneficial  owner  of  39,502,000 shares, or 8.6% of Pinnacle's
outstanding  shares,  held  by Katherine Burmey Family Limited Partnership. Mrs.
And  Mr.  Lo  Castro  is  a  beneficial  owner of 83,300,000 shares, or 18.2% of
Pinnacle's  outstanding  shares.  Messrs.  Hall,  Turino  and  Lo Castro are the
directors  and  executive  officers of Pinnacle. They are also the directors and
executive  officers  of  the  company.


                                        8
<PAGE>
ITEM  12.  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS.

During the past two years, the company was not a party to any transaction and is
not  a  party  to  any  proposed  transaction  in  which any director, executive
officer,  nominee for election as a director, any security holder, or any member
of  the  immediate  family  had  or  is  to  have  a direct or indirect material
interest.

ITEM  13.  EXHIBITS  AND  REPORTS  ON  FORM  8-K.

No  report  on Form 8-K were filed during the last quarter of the period covered
by  this  report.

<TABLE>
<CAPTION>
                                   INDEX TO EXHIBITS

EXHIBIT NO.   DESCRIPTION OF EXHIBITS
<S>           <C>

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

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

(1)(ii)       Bylaws, incorporated by reference in Form 10SB, filed on October 28,
              1999.
</TABLE>


                                        9
<PAGE>
SIGNATURES

In  accordance  with  Section  13  or  15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

MAS  Acquisition  XIX,  Inc.


By  /s/  Michael  Bruce  Hall
   --------------------------------------------------------
   Michael  Bruce  Hall,  President  and  Director


By  /s/  Jeffrey G. Turino
   --------------------------------------------------------
   Jeffrey G. Turino, Chief Executive Officer and Director



Date  September 28, 2001
      ------------------

                                       10
<PAGE>