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%

Feb 2 9:43 AM EST

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To: myturn who wrote (151)	8/16/1998 9:23:00 PM
From: Dave the Rave	Read Replies (1) of 656

It seems like the plans for expansion into Atlanta, GA are a little farther along than first reported. NRPI has one of their people in Atlanta looking to acquire a group of homes to rehab and meeting with local lenders for construction and permanent mortgages. Once the Atlanta operation is up and running, they will replicate the process in major cities across the country. Expansion plans are for a new location every quarter, but they will increase that rate if they are as successful as anticipated. In talking to CEO Richard Astrom, he has a dozen cities targeted in the Southern and Eastern areas of the U.S. as the first areas for expansion.

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