NRPI at a new low but company is making money. Message Board

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Microcap & Penny Stocks : NRPI at a new low but company is making money.

NRPI 0.0620

-17.3%

9:43 AM EST

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To: Ga Bard who wrote ()	3/21/2000 9:21:00 PM
From: michael john stout	Read Replies (1) of 656

Here are three emails I have gotten from Richard in the last couple of weeks: The problem with the Dade County Building Department is that they say yes, yes, yes and do nothing, profit perhouse is an easy $15,000 but I can't depend on them, obviously. Conquistador Plaza, Granada Grand, and Eagle Trace have nothing to do with Dade County Building dept. and are doing fine and on schedule. I will build when get building permits, but the number of houses is the problem and therefore can not be projected or predicted anymore. Dear Mr. Stout: I have looked at the possible idea of a reverse split. I thought the stock price would be higher than 20 cents after attaining fully reporting status. I see that the share price has to be higher to become part of an exchange, no matter the net worth of the corporation and the EPS would be better with less shares outstanding. Dear Mr. Stout: In reference to you questions15,500 total shares outstanding. We are building houses as we receive the building permits. We will definitely not succeed in building 100 single family homes because Dade County bulding department will not issue the permits. We will build houses on the land that we own as the building permits for the are released. I have personally met with every beaucrat including the Mayor Pinellas of Dade County 2 weeks ago and we get affirmative answers, but no building permits. Granada Grand and Conquistador Plaza fall in the Miami Builidng Department and they are progressing along fine as is the Eagle Trace subdivision in Vero Beach.

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