There was a German bicycle company also called Pinarello, this is one of them. I wouldn't buy it for $10.
+10 I looked at one just like it a couple of days ago. West German made, bottom of the barrel boom bike. Pass.
Wow, you learn something every day on this forum.
Roccobike BF Official Thread Terminator
Never seen one of these, reminds me of the almost equal level Gios bikes that turn up from time to time.